Leave and License Agreement
Leave and License Agreement
Leave and License Agreement
OR
That the Licensees shall pay to the Licensor the
following amount per month towards the compensation for
the use of the said licensed premises .
a) Rs ----------------per month for the first --------months,
b) Rs-----------------per month for the next --------months,
c) Rs-----------------per month for the next --------months
The amount of monthly compensation shall be
payable within first five days of the concerned month of
Leave and License. OR
That the Licensees shall pay to the Licensor
Rs. --------------21,500/- per month towards the compensation
and Rs. 70,000 --------------interest free refundable deposit,
for the use of the said licensed premises. The amount of
monthly compensation shall be payable within first five days
of the concerned month of Leave and License.
OR
That the Licensees shall pay to the Licensor
Rs--------------per month towards the compensation and
Rs--------------interest free nonrefundable deposit, for the use
of the said licensed premises. The amount of monthly
compensation shall be payable within first five days of the
concerned month of Leave and License. OR
That the Licensees shall pay to the Licensor the
following amount per month towards the compensation for
the use of the said licensed premises .
a) Rs ----------------per month for the first --------months,
b) Rs-----------------per month for the next --------months,
c) Rs-----------------per month for the next --------months.
The amount of monthly compensation shall be
payable within first five days of the concerned month of
Leave and License. Licensees shall also pay to the Licensor
Rs--------------interest free refundable deposit, for the use of
the said licensed premises. OR
That the Licensees shall pay to the Licensor the
following amount per month towards the compensation for
the use of the said licensed premises .
a) Rs ----------------per month for the first --------months,
b) Rs-----------------per month for the next --------months,
c) Rs-----------------per month for the next --------months.
The amount of monthly compensation shall be
payable within first five days of the concerned month of
Leave and License. Licensees shall also pay to the Licensor
Rs--------------interest free nonrefundable deposit, for the use
of the said licensed premises. 3) Payment of Deposit: Note:The
clause 3 will depend on your selection
. That the Licensee have paid / shall pay
the above mentioned deposit/premium as
mentioned above by Cash. Amount Rs.________
OR
. That the ---------------------- has/have paid /
shall pay the above mentioned deposit/premium
as mentioned above by Demand Draft No.----------,
dated --------, drawn from ---------------- Bank,
------------- Branch. Amount Rs.------------- OR
. That the ---------------------- has/have paid /
shall pay the above mentioned deposit/premium
as mentioned above by Cheque No. -----------,
dated--------, drawn on the Licensee’s Banking
.
The Licensor shall keep indemnified Licensee at all times against all direct, indirect
and consequential costs, charges, damages, claims, actions, proceedings, fines,
penalities, losses, levies, outgoings and any other obligation of liability which
shall affect the rights of the Licensee under this agreement.
Incase of any deduction from the Security Deposit, the same shall be no deduction in
case of normal wear and tear and shall be mutually acceptable to both parties.
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