Fitment period. For carrying out the fit-outs, finishing works etc., Licensee would be permitted with fitment period which is as follows - • Built Up Area > 100 Sqm but < 500 Sqm - 90 days • Built Up Area > 500 Sqm but < 1000 Sqm - 120 days • Built Up Area > 1000 Sqm - 180 days The fitment period shall commence from the date of handing over of business space to licensee. The Licensee shall have to complete in all respects the development of the tendered / licensed space, within the allowed fitment period. The agreement shall be valid for a period of 15 Years from the date of handover of property business space, irrespective of extension of fitment period by Maha-Metro.
Fitment period. 3.2.1. The maximum fitment period of 30 days is provided for integration of the brand name with all the station name signages along with installation of signages from the date of handing over. The Fitment period shall be inclusive of tenure of license.
Fitment period. For carrying out the fit-outs, finishing works etc., Licensee would be permitted a rent free fitment period of 30 days from the date of handing over of the space. The Licensee shall have to complete in all respects the development of the tendered / licensed space, within the period of 30 days from the date of ‘handing over’ of the space by MAHA-METRO under the License Agreement, as license fee would be applicable after expiry of 30 days rent free fitment period. The agreement shall be valid for a period of 09 years from the date of handover of property business space, irrespective of extension of fitment period by Maha-Metro. The license fee shall commence immediately after expiry of applicable rent-free Fitment period. The escalation on License Fees shall be counted from the commencement date of License tenure.
Fitment period. For carrying out the fit-outs, finishing works etc., Licensee would be permitted a rent free fitment period of 30 days from the date of handing over of the space. The Licensee shall have to complete in all respects the development of the tendered / licensed space, within the period of 30 days from the date of ‘handing over’ of the space by MAHA-METRO under the License Agreement, as license fee would be applicable after expiry of 30 days rent free fitment period. The agreement shall be valid for a period of 09 years from the date of handover of property business space, irrespective of extension of fitment period by Maha-Metro.
Fitment period. 3.3.1. The maximum rent-free fitment period of 7 days is provided to the Licensee for installation advertisement media at the respective advertisement panels/boards. The Fitment period shall be inclusive of tenure of license.
Fitment period. For carrying out the fit-outs, finishing works etc., Selected Bidder would be permitted a rent free fitment period of 07 days from the date of handing over of the first train for the limited purpose of train wrapping. The Metro trains shall be provided to Licensee for limited purpose of train wrapping only after prior approval of Maha-Metro. The pasting and removal of train wrapping media shall be performed only during non-operational hours of Nagpur Metro Train ARITCLE 4: LICENSE FEES, TAXES AND DUTIES
Fitment period. For carrying out the fit-outs, finishing works etc., successful bidder would be permitted a rent free fitment period of 30 days from the date of handing over of the space. The successful bidder shall have to complete in all respects the development of the tendered / licensed space, within the period of 30 days from the date of ‘handing over’ of the space by MAHA-METRO under the License Agreement, as license fee would be applicable after expiry of 30 days rent free fitment period. The agreement shall be valid for a period of 09 years from the date of handover of property business space, irrespective of extension of fitment period by Maha-Metro.
Fitment period. For carrying out the fit-outs, finishing works etc., successful bidder would be permitted a rent free/ fitment period of 45 days from the date of handing over of the bare space. The successful bidder shall have to complete in all respects the development of the tendered/ licensed space, within a period of 45 days from the date of ‗handing over‘ of the space by DMRC under the License Agreement as license fee would be applicable immediately after expiry of aforementioned fitment period i.e. from 46th day from date of handing over of space or immediately after 15 days from the date of completion of electrical work by DMRC and subsequent handing over of energy metre or notice/ letter for taking handing over, whichever is later. CHAPTER -7
Fitment period. 3.2.1. The maximum fitment period of 30 days is provided for integration of the brand name with all the station name signages along with installation of signages from the date of handing over. The Fitment period shall be inclusive of tenure of license.
3.2.2. For carrying out the identification, planning, installation, fit-outs, finishing works etc., the Licensee would be permitted a rent-free fitment period of 30 days from the date of handing over of the metro station for advertisement purpose. The Licensee shall have to complete in all respects the development of the tendered / advertisement space(s), within the period of 30 days from the date of ‘handing over’ of the station premises by Maha-Metro under the License Agreement, as license fee would be applicable after expiry of 30 days rent free fitment period.
Fitment period. 10.2.1. The Licensee shall be provided with rent free fitment period of 30 days from the date of signing of License Agreement.
