Bare Spaces definition
Examples of Bare Spaces in a sentence
Licensing Rights of Bare Space/s shall be for a period of six (6) years including 2 years lock in period, unless otherwise terminated by DMRC or surrendered by the Licensee, in term of provisions of License Agreement.
Successful bidder shall have the rights to utilize the said Bare Spaces as offered in this Tender Document (Area given at annexure-I) exclusively for installation and operation of ATM only except for banned usages/ negative list as given in Annexure -12 of the RFP subject to the terms and conditions as specified by DMRC.
The tendered Bare Spaces, as mentioned in Annexure-1, shall be handed over for commercial activities within 7 (seven) days of Signing of License Agreement which shall be executed within 30 days of date of receipt of Interest Free Security Deposit/full LOA payment as stipulated in Letter of Acceptance.
Successful Bidder shall be permitted to develop the offered Bare Spaces by creating only temporary structures as per DMRC specifications.
Contract for Licensing of pre-identified Bare Space/s to operate a retail banking outlet/s by placement of ATMs at 64 identified/specified Metro Premises have been offered for licensing for commercial utilization as detailed in Annexure-I.
DMRC invites sealed Bids from suitable participants who may be the public sectors/ nationals/ multinational banking sectors having registered office in India for selection of Licensee(s) to grant license of Bare Space/s to operate a banking retail outlet/s by placement of 127 ATMs at Metro Premises on “as is where is basis”, as mentioned in Annexure-1.
This request for proposal (RFP Document) for Licensing of Bare Space/s to operate retail banking outlet/s by placement of 127 ATMs at pre-identified bare spaces at Metro Premises contains brief information about the available space, Qualification Requirements and the Selection process for the successful bidder.