On Operational Ground. 15.4.1. Maha-Metro reserves the right to terminate the License Agreement by giving three months advance notice on operational ground. The License agreement shall stand terminated after expiry of three months notice and the Security Deposit shall be refunded after adjusting outstanding dues, if any, payable by the Licensee. The Licensee voluntarily agrees not to seek any claim, compensation, damages or any other consideration whatsoever on any ground in this regard.
On Operational Ground. DMRC reserve the rights to terminate/close the License Agreement by giving three month advance notice on operational ground. The License agreement will stand terminated on expiry of 3 months’ notice. The advance annual license fees deposited by the Licensee for the balance period of that year shall be refunded on pro-rata basis, without consideration of any interest. Further, the Interest free Security deposit will be refunded after adjusting outstanding dues payable to DMRC, if any. The Licensee voluntarily agrees not to seek any claim, compensation, damages or any other consideration whatsoever on any ground in this regard. The Licensee shall remove all the media, fixtures, panels, etc. from DMRC premises within 30 days of issue of such termination letter, failing which these structures, media, fixtures, panels, etc. shall become property of DMRC at ‘0’/nil value.
On Operational Ground. On operational ground, DMRC may ask the Licensee to vacate the said site/location after giving a notice of 15 (fifteen) days. Thereupon, DMRC shall provide alternative site/location to Licensee at the same Station or at the other Xxxxx Xxxxxxx. Licensee shall be bound to shift its Water ATM machine/s on the alternative location, within the given time period on his own expenses. The Licensee unequivocally and voluntarily agrees not to seek any claim, compensation or any other consideration on this account on whatsoever reason. However, if Licensee is not willing to shift its Water ATM machine/s to the alternative given site/location due to any reason, then particular location/ site shall be withdrawn and license fee shall be charged for remaining sites/locations.
On Operational Ground. DMRC reserve the rights to terminate the License Agreement by giving six month advance notice in such exigency. The License agreement will stand terminated and the Interest Free Security Deposit / Performance Security will be refunded after adjusting outstanding dues, if any. The Licensee voluntarily agrees not to seek any claim, compensation, damages or any other consideration whatsoever on any ground in this regard. The 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.
On Operational Ground. DMRC reserve the rights to terminate the License Agreement by giving three month advance notice on operational ground. The License agreement will stand terminated on expiry of 3months notice. The advance license fees deposited by the Licensee for the balance period on pro- rata basis shall be refunded, without consideration of interest. Further, the Security deposit will be refunded after adjusting outstanding dues, if any. The Licensee voluntarily agrees not to seek any claim, compensation, damages or any other consideration whatsoever on any ground in this regard. The Licensee shall remove all the media, fixtures, panels, etc. from DMRC premises within 30 days of issue of such termination letter, failing which these structures, media, fixtures, panels, etc. shall become property of DMRC.
On Operational Ground. NMRC reserve the rights to terminate the License Agreement by giving Forty-Five (45) days advance notice on operational ground during the currency of the contract. The License agreement will stand terminated on expiry of Forty-Five (45) days’ notice. The advance license fees deposited by the Licensee for the balance/advance period (if any) shall be refunded on pro-rata basis, without consideration of any interest. Further, the Interest free Security deposit will also be refunded after adjusting outstanding dues payable to NMRC, if any. The Licensee voluntarily agrees not to seek any claim, compensation, damages or any other consideration whatsoever on any ground in this regard. The Licensee shall remove all the fixtures etc. from NMRC premises after availing 15 days grace period immediately after the completion of Forty-Five (45) days advance notice, failing which these structures, media, fixtures, panels, etc. shall become property of NMRC at “0”/nil value. All utility will be disconnected/discontinued immediately after Forty-Five (45) days’ notice period.
