Innovations & New Media Sample Clauses

Innovations & New Media. Subject to mutually agreed terms and conditions and with prior written approval and concurrence of the Maha-Metro, the Licensee may introduce new media. If the Licensee wants to introduce new media then a proposal along with details of the said media proposed to be introduced should be presented to the office of the AGM (Property Development), Maha-Metro for approval and indication of the terms and conditions. The Licensor (Maha-Metro) at all times reserves the right not to give approval to such proposal/s and the Licensee agrees voluntarily and unequivocally not to seek any claim, damages, compensation or any other consideration whatsoever due to non-acceptance of proposal. - The licensee can utilize any format of advertisement including and not limited to backlit panels, scrollers, floor branding, roof branding, digital display (without audio), canopy, etc. Minimum area for which license fee shall be charged as per Annexure-1 for each station handed over for advertisement activities, even if the licensee does not utilize this minimum area mentioned in the Annexure, license fee & other dues shall be charged for this said minimum area. - The rate of License Fees to be charged for advertisement at the stations is as under: - The area to be charged shall be the actual display area, exclusive of any border or width of framework. In case of LCD/LED/Digital Display/Video Walls, the area to be charged shall be the actual display area of screen, exclusive of any border or non-digital width. Advertisement Area for canopies shall be charged for the surface area of 5 surfaces (excluding base area) at the rate structure of R1 as mentioned above along with charging of area occupied at same rate. Digital advertising shall as per rate of R2 i.e 1.5 times the rate of static advertisement.
Sample 1
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Innovations & New Media a. Subject to mutually agreed terms and conditions and with prior written approval and concurrence of the Maha-Metro, the Selected Bidder may introduce new media. If the Selected Bidder wants to introduce new media then a proposal along with details of the said media proposed to be introduced should be presented to the office of the AGM (Property Development), Maha-Metro for approval and indication of the terms and conditions. The Licensor (Maha-Metro) at all times reserves the right not to give approval to such proposal/s and the Selected Bidder agrees voluntarily and unequivocally not to seek any claim, damages, compensation or any other consideration whatsoever due to non-acceptance of proposal. b. The licensee can utilise any format of advertisement including and not limited to backlit panels, scrollers etc. c. The rate of License Fees to be charged for advertisement is as under: Rate / Structure Type of Advertisement Display Rate of License Fee in Rs. per Sqm/ Month R1 All Types of Format of Advertisement at selected Stations except Digital Advertisement Display in the Form of LCD / LED Screens, Video Walls, etc. “X” as bid & accepted by Maha-Metro subsequent to Bidding process.
Sample 1

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