Common use of No Sub-Lease of Land Clause in Contracts

No Sub-Lease of Land. The Concessionaire shall not sub-lease the whole or any part of the land comprising the Project Site, leased to it by Authority under the Land Lease Agreement, to any person in any form or under any arrangement, device or method. This is an essential condition of this Agreement, the breach of which shall constitute a Concessionaire Event of Default that shall entitle the Authority to terminate this Agreement in accordance with the provisions of Article 16 hereof.

Appears in 7 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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No Sub-Lease of Land. The Concessionaire Authorisee shall not sub-lease the whole or any part of the land comprising the Project Site, leased to it by Authority Grantor under the Land Lease AgreementDeed, to any person in any form or under any arrangement, device or method. This is an essential condition of this Agreement, the breach of which shall constitute a Concessionaire an Authorisee Event of Default that shall entitle the Authority Grantor to terminate this Agreement in accordance with the provisions of Article 16 hereof.

Appears in 2 contracts

Samples: www.tsrtc.telangana.gov.in, www.tsrtc.telangana.gov.in

No Sub-Lease of Land. The Concessionaire shall not sub-lease the whole or any part of the land comprising the Project Site, leased to it by Authority under the Land Lease AgreementDeed, to any person in any form or under any arrangement, device or method. This is an essential condition of this Agreement, the breach of which shall constitute a Concessionaire Event of Default that shall entitle the Authority to terminate this Agreement in accordance with the provisions of Article 16 hereof.

Appears in 1 contract

Samples: Concession Agreement

No Sub-Lease of Land. The Concessionaire shall not sub-lease the whole or any part of the land comprising the Project Site, leased allotted to it by Grantor / Authority under the Land Lease this Concession Agreement, to any person in any form or under any arrangement, device or method. This is an essential condition of this Agreement, the breach of which shall constitute a Concessionaire Event of Default that shall entitle the Grantor / Authority to terminate this Agreement in accordance with the provisions of Article 16 hereof.

Appears in 1 contract

Samples: Concession Agreement

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No Sub-Lease of Land. The Concessionaire Licensee shall not sub-lease the whole or any part of the land comprising the Project Site, leased to it by Authority under the Land Lease Agreement, Site to any person in any form or under any arrangement, device or method. This is an essential condition of this Agreement, the breach of which shall constitute a Concessionaire an Licensee Event of Default that shall entitle the Authority to terminate this Agreement in accordance with the provisions of Article 16 hereof.

Appears in 1 contract

Samples: License Agreement

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