License, Access and Right of Way. In consideration of the License Fee, this Agreement and the covenants and warranties on the part of the Concessionaire herein contained, the Authority, in accordance with the terms and conditions set forth herein, hereby grants to the Concessionaire, commencing from the Appointed Date, right to way and license in respect of all the land (along with any buildings, constructions or immovable assets, if any, thereon) comprising the Existing Hospital and Existing Facilities in 1.3 acres of land which is described, delineated and shown in Schedule A hereto, on "as is where is" basis, free of any Encumbrances, to operate and maintain the Existing Hospital, for the duration of 2 (two) years from the Appointed Date and, for the purposes permitted under this Agreement and for no other purpose whatsoever. For avoidance of doubt, it is clarified that such license right does not amount to an easement or an interest in the Existing Hospital. It is expressly agreed that the right of way and license right granted under this Clause shall terminate automatically and forthwith, without the need for any action to be taken by the Authority, upon the expiry of 2 years or for any reason whatsoever and the Existing Hospital shall be transferred back to the Authority.
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Samples: Concession Agreement, Concession Agreement
