Examples of License Period in a sentence
In consideration of the License, the Licensee shall pay to GGIAL for each License Month, during the License Period, the License Fee A and License Fee B in accordance with this Schedule.
On expiry of the License Period, the Licensee shall forthwith cease to use the said Premises and shall hand over vacant and peaceful possession of the Licensed Premises to the Licensor.
In the event that the Licensee should fail to hand over vacant and peaceful possession on expiry of the License Period or earlier termination of this Agreement, the Licensee shall be liable to pay to the Licensor mesne profit / damages and/or compensation as will be determined under The Public Premises (Eviction of Unauthorised Occupants) Act, 1971 until the Licensee hands over vacant and peaceful possession of the Licensed Premises to the Licensor.
In the event that there is any change in Applicable Law during the License Period, which adversely impacts the Gross Revenue and Advertising Income of the Licensee, the Parties may discuss suitable amendments to the Agreement, and accordingly, may consider amending the Agreement.
GGIAL may at any time during the License Period, launch promotional programs at the Airport and the Licensee shall participate in all such promotional programs.