Common use of Lock-in Period Clause in Contracts

Lock-in Period. Both the parties have agreed to set a lock-in period of months during which neither the licensor shall ask the licensee to vacate the premises, nor the licensee shall vacate the premises on his own during the lock-in period. In spite of this mandatory clause, if the licensee leaves the premises for whatsoever reason, he shall pay to the licensor license fee for the remaining lock-in period at the rate of agreed upon in the agreement. On the other hand, Licensor shall compensate the Licensee for loss and inconvenience caused to the Licensee if he has been asked to vacate the premises.”

Lock-in Period. Both the parties have agreed to set a lock-in period of months during which neither the licensor Licensor shall ask the licensee to vacate the premisespremis es, nor the licensee shall vacate the premises on his own during the lock-in period. In spite of this mandatory clause, if the licensee leaves the premises for whatsoever reason, he shall pay to the licensor Licensor license fee for the remaining lock-in period at the rate of agreed upon in the agreement. On the other hand, Licensor shall compensate the Licensee for loss and inconvenience caused to the Licensee if he has been asked to vacate the premises.”

Lock-in Period. Both the parties have agreed to set a lock-in period of 12 months during which neither the licensor Licensor shall ask the licensee to vacate the premises, nor the licensee shall vacate the premises on his own during the lock-in period. In xxxxxx.Xx spite of this mandatory clause, if the licensee leaves the premises for whatsoever reason, he shall pay to the licensor Licensor license fee for the remaining lock-in period at the rate of agreed upon in the agreement. On the other hand, Licensor shall compensate the Licensee for loss and inconvenience caused to the Licensee if he has been asked to vacate the premises.”

Lock-in Period. Both That both the parties have agreed to set a lock-in period of 2 months during which neither the licensor Licensor shall ask the licensee Licensee to vacate the premises, nor the licensee Licensee shall vacate the premises on his their own during the lock-in period. In spite of this mandatory clauseHowever, if the licensee leaves Licensee vacates the premises for whatsoever any reason, he they shall pay to the licensor Licensor the license fee fees for the remaining lock-in period at the rate of as agreed upon in the agreementClause 2. On the other hand, Licensor shall compensate the Licensee for loss and inconvenience caused to the Licensee if he has they have been asked to vacate the premisespremises by the Licensor.”

Lock-in Period. Both the parties have agreed to set a lock-in period of months during which neither the licensor Licensor shall ask the licensee to vacate the premises, nor the licensee shall vacate the premises on his own during the lock-in period. In spite of this mandatory clause, if the licensee leaves the premises for whatsoever reason, he shall pay to the licensor Licensor license fee for the remaining lock-in period at the rate of agreed upon up on in the agreement. On the other hand, Licensor shall compensate the Licensee for loss and inconvenience caused to the Licensee if he has been asked to vacate the premises.”

Lock-in Period. Both the parties have agreed to set a lock-in period of 6 months during which neither the licensor Licensor shall ask the licensee to vacate the premises, nor the licensee shall vacate the premises on his own during the lock-in period. In xxxxxx.Xx spite of this mandatory clause, if the licensee leaves the premises for whatsoever reason, he shall pay to the licensor Licensor license fee for the remaining lock-in period at the rate of agreed upon in the agreement. On the other hand, Licensor shall compensate the Licensee for loss and inconvenience caused to the Licensee if he has been asked to vacate the premises.”. registred

Lock-in Period. Both That both the parties have agreed to set a lock-in period of 1 months during which neither the licensor Licensor shall ask the licensee Licensee to vacate the premises, nor the licensee Licensee shall vacate the premises on his their own during the lock-in period. In spite of this mandatory clauseHowever, if the licensee leaves Licensee vacates the premises for whatsoever any reason, he they shall pay to the licensor Licensor the license fee fees for the remaining lock-in period at the rate of as agreed upon in the agreementClause 2. On the other hand, Licensor shall compensate the Licensee for loss and inconvenience caused to the Licensee if he has they have been asked to vacate the premisespremises by the Licensor.”

Lock-in Period. Both the parties have agreed to set a lock-in period of months during which neither the licensor Licensor shall ask the licensee to vacate the premises, nor the licensee shall vacate the premises on his own during the lock-in period. In spite of this mandatory clause, if the licensee leaves the premises for whatsoever reason, he shall pay to the licensor Licensor license fee for the remaining lock-in period at the rate of agreed upon in the agreement. On the other hand, Licensor shall compensate the Licensee for loss and inconvenience caused to the Licensee if he has been asked to vacate the premises.”

Lock-in Period. Both the parties have agreed to set a lock-in period of --- months during which neither the licensor shall ask the licensee to vacate the premises, nor the licensee shall vacate the premises on his own during the lock-lock- in period. In spite of this mandatory clause, if the licensee leaves the premises for whatsoever reason, he shall pay to the licensor license fee for the remaining lock-lock- in period at the rate of agreed upon in the agreement. On the other hand, Licensor shall compensate the Licensee for loss and inconvenience caused to the Licensee theLicensee if he has been asked to vacate the premises.”