Common use of The License Clause in Contracts

The License. Subject to and in accordance with the terms and conditions set forth in this Agreement, the Licensor hereby grants to the Licensee and the Licensee hereby accepts the License for a period of 21 years (the “Term”), commencing from the Appointed Date, including the exclusive right, license and authority during the subsistence of this Agreement to implement the Project (the “License ”). Provided that the Licensor may, on or before the expiry of the Term, undertake a fresh bidding for selection of Licensee for operating and maintaining the Jackfruit Processing Plant for a further term, in the form and manner, as may be prescribed by the Licensor, at such time and in any such case of competitive bidding:

The License. Subject to and in accordance with the terms and conditions set forth in this Agreement, the Licensor hereby grants to the Licensee and the Licensee hereby accepts the License for a period of 21 years (the “Term”), commencing from the Appointed Date, including the exclusive right, license and authority during the subsistence of this Agreement to implement the Project (the “License ”). Provided that the Licensor may, on or before the expiry of the Term, undertake a fresh bidding for selection of Licensee for operating and maintaining the Jackfruit Mahua Processing Plant Unit for a further term, in the form and manner, as may be prescribed by the Licensor, at such time and in any such case of competitive bidding:

The License. Subject to and in accordance with the terms and conditions set forth in this Agreement, the Licensor hereby grants to the Licensee and the Licensee hereby accepts the License for a period of 21 years (the “Term”), commencing from the Appointed Date, including the exclusive right, license and authority during the subsistence of this Agreement to implement the Project (the “License ”). Provided that the Licensor may, on or before the expiry of the Term, undertake a fresh bidding for selection of Licensee for operating and maintaining the Jackfruit Processing Plant Herbal Extraction Unit for a further term, in the form and manner, as may be prescribed by the Licensor, at such time and in any such case of competitive bidding: