Tenure of License. 3.5 Tenure of License Agreement shall be 10 (Ten) years, unless otherwise terminated by CMRL or surrendered by the Licensee.
Tenure of License. 3.1.1. The exclusive advertisement rights of Selected Metro Stations shall be provided for a period of 02 years from the Effective Date unless otherwise terminated by Maha-Metro or surrendered by the Licensee, as per the provisions of License Agreement. The License Period shall be further extended by two (02) tenures of two (02) years each, however, the same shall be subject to extension/renewal of Permission/License by Nagpur Municipal Corporation. The extension/renewal and shall be subject to revision in terms.
Tenure of License. 3.1.1. At the time of termination/natural completion of license, Maha-Metro reserves the right to ask the Licensee to restore the said tendered/ advertisement space(s) as per original allotment.
Tenure of License. 5.1 Tenure of License Agreement: Exclusive Semi-Naming Rights shall be for a period of Ten(10) years with a lock in period of 2 years after the expiry of fitment period of 120 days from the date of handing over of station(s) subsequent to issue of Letter of Acceptance (LOA). The License Period shall commence immediately after expiry of fitment period subsequent to handing over of the station.
Tenure of License a. Exclusive Train Wrapping Rights for the said advertisement spaces for trains on Reach-1 (Orange line) and/or Reach-3 (Aqua Line) shall be for 3 (three) years from the date of handing over of Trains for advertisement on Reach-1 and/or Reach-3 to the Licensee.
Tenure of License. 3.1.1. The exclusive advertisement rights for display of advertisement on LED Screens installed at Selected Metro Stations of Nagpur Metro Rail Project shall be provided for a period of 02 years unless otherwise terminated by Maha-Metro or surrendered by the Licensee, in term of provisions of License Agreement.
Tenure of License. 3.1.1. The exclusive display of advertisements on Pune metro trains under Pune Metro Rail Project shall be made available for the License Period unless otherwise terminated by Maha-Metro or surrendered by the Licensee, in term of provisions of this License Agreement.
Tenure of License. 5.1 Exclusive Advertisement Rights shall be for a period of Five (5) years from the date of handing over of stations unless otherwise terminated by DMRC or surrendered by the Licensee at an earlier date. The license shall further extendable for the period of three (3) years on mutually agreeable terms and conditions. Tenure of the License Period of the stations handed over subsequently shall be co-terminus with above period irrespective of date of actual handing over
Tenure of License. 16 3.1. Tenure of License 16 3.2. Effective Date / Commercial Operation Date (COD) 16 3.3. Fitment period 16 ARITCLE 4 LICENSE FEES, TAXES AND DUTIES 17 4.1. License Fee 17 4.2. Non-payment of License Fees and other dues 18 4.3. Taxes and Other Statutory Dues 19 ARITCLE 5 FACTORS GOVERNING SELECTION OF PERMISSIBLE ADVERTISEMENTS 20 5.1. Factors Governing Selection of Permissible Advertisements 20
Tenure of License. 2.1 The tenure of the license Agreement shall be of nine (9) years from the date of first handover of advertising spaces, unless otherwise terminated by DMRC or surrendered by the Licensee without provision for further extension of the License Agreement. The tenure of License Agreement shall commence from the date of first handover of the advertising spaces as mentioned in Annexure-I. The license period for any additional advertisement spaces handed over/allotted subsequently during the currency of the contract other than & including area mentioned in Annexure-I will also be co-terminus with the original license period as per this Agreement.
