Common use of On Operational Ground Clause in Contracts

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 six three month advance notice in such exigencyon operational ground. The License agreement will stand terminated and on expiry of 3months notice. The advance license fees deposited by the Interest Free Licensee for the balance period on pro- rata basis shall be refunded, without consideration of interest. Further, the Security Deposit / Performance 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. DMRC reserve the rights to terminate the License Agreement by giving six three month advance notice in such exigencyon operational ground. The License agreement will stand terminated and on expiry of 3 months notice. The advance license fees deposited by the Interest Free Licensee for the balance period on pro-rata basis shall be refunded, without consideration of interest. Further, the Security Deposit / Performance 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. DMRC reserve the rights to terminate the License Agreement by giving six three month advance notice in such exigency. The License agreement will stand terminated and the Interest Free Security Deposit / Performance Security will Securitywill be refunded to the licensee after adjusting outstanding duesdues 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 termination letter, failing which these structures, media, fixtures, panels, etc. shall become property of DMRC. DMRC shall be free to dispose off the said property as it seems fit, without any further notice to the licensee. The licensee will not be entitled to any claim for compensation damages etc. on this account.