Maintenance Repairs. (a) Licensee shall bear the cost of minor day-to-day repairs and maintenance including white washing. All major repairs due to constructional defects shall be the responsibility of Licensor. If the major repairs or maintenance required to be carried out by Licensor are not carried out within reasonable time, the Licensee shall have the right to get the needful done with prior written consent of Licensor and deduct the cost thereof from the amount payable to Licensor. (b) Licensee shall be at liberty, on termination of this license, to remove/ take movable items, equipment or appliances installed by it leaving licensed premises, on as is where is basis as far as possible. (c) The premise, which has been handed over to the Licensee under this agreement, shall be kept in good condition and maintained properly by the Licensee at their own cost. If the property is not handed over in good condition as required under this agreement, Licensor reserves the right to seek exemplary damages and indemnification.
Appears in 3 contracts
Sources: License Agreement, License Agreement, License Agreement
Maintenance Repairs. (a) Licensee shall bear the cost of minor day-to-day repairs and maintenance including white washing. All major repairs due to constructional defects shall be the responsibility of LicensorDMRC. If the major repairs or maintenance required to be carried out by Licensor DMRC are not carried out within reasonable time, the Licensee licensee shall have the right to get the needful done with prior written consent of Licensor DMRC and deduct the cost thereof from the amount payable to LicensorDMRC.
(b) The Licensee shall be at liberty, liberty on the termination of this licenselicense to remove or take away such fixtures, to remove/ take movable items, equipment or fittings and electric appliances installed by it leaving the licensed premises, on as is where is basis as far as possible, in the same conditions structurally, reasonable wear and tear and acts of God and nature excepted.
(c) The premise, which has been handed over to the Licensee licensee under this agreement, shall be kept in good condition and maintained properly by the Licensee licensee at their own cost. If the property is not handed over in good condition as required under this agreement, Licensor DMRC reserves the right to seek exemplary damages and indemnification.
Appears in 1 contract
Sources: License Agreement