Common use of Additional Area Clause in Contracts

Additional Area. 5.1. In case any additional FAR over and above the existing FAR or additional land (the” Additional Area”) is available in future, the Additional Area may be allotted to the Licensee at the sole discretion of CMRL/LICENSOR as the request made by the Licensee upon payment of additional Upfront License Fees and the Annual License rate of License Fee on the date of such request made by the Licensee on pro rata basis. The License Period of such Additional Area shall however be co- terminus with the License Agreement. All cost associated with the Additional Area including but not limiting to the FAR conversion charge will be borne by Licensee.

Additional Area. 5.1. In case any additional FAR over and above the existing FAR or additional land (the” the “Additional Area”) is available in future, the Additional Area may be allotted to the Licensee at the sole discretion of CMRL/LICENSOR as the request made by the Licensee upon payment of additional Upfront License Fees and the Annual Quaterly License rate of License Fee on the date of such request made by the Licensee on pro rata basis. The License Period of such Additional Area shall however be co- co-terminus with the License Agreement. All cost associated with the Additional Area including but not limiting to the FAR conversion charge will be borne by Licensee.