Common use of Location and Area Clause in Contracts

Location and Area. 2.01 Subject to the terms and conditions hereof, the Company shall during the Effective Period permit the Concessionaire to use the Designated Area for the purpose hereinafter mentioned. 2.02 Upon the commencement of this Agreement, the Company shall make available to the Concessionaire the Designated Area for use as hereinafter provided but may any time thereafter at its sole discretion (whether for the purpose of rearrangement of the Company’s floor space or otherwise) by giving to the Concessionaire not less than one (1) month’s notice designate other floor area in any part of the Building for use by the Concessionaire as aforesaid PROVIDED THAT the Concessionaire may, within seven (7) days prior to the said designation, request in writing for a reduction in the area of the Designation Area and the Company may at its sole discretion give or withhold its consent to the request within one (1) month from the Concessionaire’s request having been submitted.