Term of Master License. The Premises are licensed for a term (the "Term") of nine (9) years, commencing and terminating as set forth below. The Term of this Master License shall begin on the Effective Date and shall end on the Expiration Date specified in the Basic License Information, or such earlier date on which this Master License terminates pursuant to the terms hereof. No delay in the commencement of this Master License beyond the Estimated Effective Date specified in the Basic License Information shall serve to extend the Initial Term beyond the Expiration Date. In any circumstance where Licensee would continue to occupy the Premises or any Pole after the expiration or termination of this Master License, such holding over shall not be deemed to operate as a renewal or extension of this Master License or any Pole License, and Licensee shall pay the City rent as provided in Section 29.12.
Appears in 5 contracts
Samples: License Agreement, License Agreement, License Agreement
