Common use of Handing over on Termination / Completion / Surrender Clause in Contracts

Handing over on Termination / Completion / Surrender. In case of Termination / Completion / Surrender of the License Agreement, the Licensee shall hand over to concerned Station Manager or its authorized representative peaceful vacant possession of all Advertising Sites. Licensee shall remove all the media, fixtures, panels, etc. from DMRC premises within 30 days of issue of termination letter, failing which these structures, media, fixtures, panels, etc. shall become property of DMRC.

Appears in 2 contracts

Samples: License Agreement, License Agreement

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Handing over on Termination / Completion / Surrender. In case of Termination / Completion / Surrender of the License Agreement, the Licensee shall hand over to concerned Station Manager DMRC or its authorized representative peaceful vacant possession of all Advertising Sites. Licensee shall remove all the media, fixtures, panels, etc. from DMRC premises within 30 days of issue of termination letter, failing which these structures, media, fixtures, panels, etc. shall become property of DMRC.

Appears in 2 contracts

Samples: License Agreement for Exclusive Semi Naming Rights, License Agreement

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