Common use of DESCRIPTION OF LICENSE Clause in Contracts

DESCRIPTION OF LICENSE. 1.1 This agreement (the “Agreement”) related to the following “Licensed Space”, Bike Room located in the Parking Garage of the Building. 1.2 The License is non-exclusive, non-assignable, subject to space availability and revocable pursuant to the terms hereof. 1.3 The Commencement Date shall be: 1.4 The Termination Date shall be: ongoing, unless terminated via Owner via notice 1.5 This License may be exercised only for the purpose of effecting the Function set forth in this Agreement, and any attempt to exercise this License for any other purpose shall render this License immediately null and void. 1.6 This License is revocable by Licensor’s Agent at any date upon no prior notices in the event of any breach of this Agreement. 1.7 In no event shall Licensor of Licensor’s Agent be liable, in the event of any revocation or voiding of this License pursuant to the terms hereof, or in the event there is no space available in the Bike Room, for any amounts.

Appears in 1 contract

Sources: Agreement, Release and Waiver for Use of Bicycle Room

DESCRIPTION OF LICENSE. 1.1 This agreement (the “Agreement”) related to the following “Licensed Space”, Bike Room located in the Parking Garage of the Building. 1.2 The License is non-exclusive, non-assignable, subject to space availability and revocable pursuant to the terms hereof. 1.3 The Commencement Date shall be:: 02/10/2022. 1.4 The Termination Date shall be: ongoing, unless terminated via Owner via notice02/09/2023. 1.5 This License may be exercised only for the purpose of effecting the Function set forth in this Agreement, and any attempt to exercise this License for any other purpose shall render this License immediately null and void. 1.6 This License is revocable by Licensor’s Agent at any date upon no prior notices in the event of any breach of this Agreement. 1.7 In no event shall Licensor of Licensor’s Agent be liable, in the event of any revocation or voiding of this License pursuant to the terms hereof, or in the event there is no space available in the Bike Room, for any amounts.

Appears in 1 contract

Sources: Agreement, Release and Waiver for Use of Bicycle Room