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.
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Samples: License Agreement, License Agreement, License Agreement