Common use of Rights of CMRL/LICENSOR on Termination Clause in Contracts

Rights of CMRL/LICENSOR on Termination. Notwithstanding anything contained in this Agreement, CMRL/LICENSOR shall not, as a consequence of Termination or otherwise, have any obligation whatsoever including but not limited to obligations as to termination/compensation for loss of employment, continuance or regularization of employment, absorption or re- employment on any ground, in relation to any person in the employment of or engaged by the Licensee and/or Sub-Licensee in connection with the Licensed Space(s). In cases of termination of License agreement due to default of Licensee, CMRL/LICENSOR shall have the exclusive rights to disconnect water supply, electricity, sewerage connection to the Licensed area and also start process for eviction of Licensee from CMRL/LICENSOR property.

Appears in 6 contracts

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

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Rights of CMRL/LICENSOR on Termination. Notwithstanding anything contained in this Agreement, CMRL/LICENSOR shall not, as a consequence of Termination or otherwise, have any obligation whatsoever including but not limited to obligations as to termination/compensation for loss of employment, continuance or regularization of employment, absorption or re- re-employment on any ground, in relation to any person in the employment of or engaged by the Licensee and/or Sub-Licensee in connection with the Licensed Space(s). In cases of termination of License agreement due to default of Licensee, CMRL/LICENSOR shall have the exclusive rights to disconnect water supply, electricity, sewerage connection to the Licensed area and also start process for eviction of Licensee from CMRL/LICENSOR property.

Appears in 1 contract

Samples: Draft License Agreement

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