Common use of Rights of Maha-Metro on Termination Clause in Contracts

Rights of Maha-Metro on Termination. 15.7.1. Notwithstanding anything contained in this Agreement, Maha-Metro shall not, as a consequence of Termination or otherwise, have any obligation whatsoever including but not limited to obligations as to 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 in connection with the Licensed Space(s). 15.7.2. In cases of termination of License agreement due to default of Licensee, Maha-Metro shall have the exclusive rights to cut water supply, electricity, sewerage connection to the Licensed area and also start process for eviction of Licensee from Maha-Metro property.

Rights of Maha-Metro on Termination. 15.7.1. Notwithstanding anything contained in this Agreement, Maha-Metro shall not, as a consequence of Termination or otherwise, have any obligation whatsoever including but not limited to obligations as to 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 in connection with the Licensed Space(s)Project Area. 15.7.2. In cases of termination of License agreement due to default of Licensee, Maha-Metro shall have the exclusive rights to cut water supply, electricity, sewerage connection to the Licensed area Project Area and also start process for eviction of Licensee from Maha-Metro property.