Common use of Grant of Facility Management Rights Clause in Contracts

Grant of Facility Management Rights. 3.1.1 Subject to and in accordance with the provisions of the SFM Agreement, the Applicable Laws and the Applicable Permits, Authority grants to the Facility Manager the right, license and authority to undertake the Facility Management and operate, maintain and repair the Station Assets and Station Project Utilities in the Station Area as set forth herein, and to grant Sub-Licenses in respect of the Licensable Station Area, and collect and appropriate the Station Revenues from start of SFMA Appointed Date till expiry of the Term of SFMA and the Facility Manager undertakes to implement the SFM Project subject to and in accordance with the terms and conditions set forth herein.

Grant of Facility Management Rights. 3.1.1 Subject to and in accordance with the provisions of the SFM Agreement, the Applicable Laws and the Applicable Permits, Authority grants to the Facility Manager the right, license and authority to undertake the Facility Management and operate, maintain and repair of the Station Assets and Station Project Utilities in the Station Area as set forth herein, and to grant Sub-Licenses in respect of the Licensable Station Area, and collect and appropriate the Station Revenues from start of SFMA Appointed Date till expiry of the Term of SFMA and the Facility Manager undertakes to implement the SFM Project subject to and in accordance with the terms and conditions set forth herein.