Common use of Approval of designated commercial areas Clause in Contracts

Approval of designated commercial areas. 5.2.1 Authority shall facilitate the approval of the MOR and/ or Railway Administration, wherever required, for any changes to the nature and extent of the Station Area available for Sub-License (including advertising spaces other than at Rail Display Network Area) as set out in Schedule 6 (Designated Areas for Sub-License), and for changes to the mix of permissible activities in such designated areas of the Station Area as set out in Schedule 7 (Permissible Licenses in Station Area), where so requested by the Facility Manager, subject to the Facility Manager procuring compliance with Applicable Laws with respect thereto and paying the License Fee as per terms of the SFM Agreement.

Appears in 13 contracts

Samples: Management Agreement, Management Agreement, Management Agreement

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