Common use of Right to Sub-License Clause in Contracts

Right to Sub-License. 2.3.1 The Licensee (considering Bidder as Developer) shall be entitled to sub-Let the built-up structure to any person or entity (the “Sub-Licensee”) with an intimation and approval by CMRL, after adding the necessary structures and utility services. The Sub-Licensee‟s right shall be subject to the Licensee‟s right over the Licensed premises. The Sub- Licensee shall not have any independent right over the Licensed premises.

Appears in 4 contracts

Samples: Draft License Agreement, Draft License Agreement, Draft License Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!