Common use of Rights of the Licensor Clause in Contracts

Rights of the Licensor. 6.1 The Licensor shall at all times, be deemed to be in complete control and exclusive possession of the Licensed Premises, and the Licensor and the Licensor Representatives shall, throughout the Licence Period, have the right: 6.1.1 To enter upon the Licensed Premises at any time in the case of an emergency; 6.1.2 By giving a prior notice of twenty four (24) hours, and at the cost of the Licencee, to enter upon and inspect, (i) the Licensed Premises; (ii) the Services provided at the Licensed Premises; (iii) the Fixtures installed at the Licensed Premises; and (iv) the offices of the Licencee at the Licensed Premises; 6.1.3 To inspect and seek copies of: (i) all Applicable Permits obtained by the Licencee in relation to: (a) the operation and management of the Licensed Premises; (b) ensuring compliance by the Licencee of all Applicable Laws; (ii) the books of accounts, files, voucher books, documents maintained by the Licencee in relation to the Licensed Premises; and (iii) such other information and documents as may be deemed necessary or relevant by the Licensor. 6.1.4 Notwithstanding anything to the contrary contained in this Agreement, NDMC shall have the right, but not the obligation, to appoint at its cost and expense from time to time and at any time, a chartered accountant or an audit firm to audit and verify all books of accounts of the Licencee recording all the receipts of the Licencee, income, expenditure, payments, assets and liabilities in relation to the Licensed Premises, along with all necessary back-up documents including but not limited to memos, vouchers, invoices etc., used to prepare the books of accounts. 6.1.5 The Licensor may at any time, in its sole discretion, seek any clarifications and/or any additional information in writing from the Licencee, which may be required by the Licensor to verify all statements, information and documents submitted by the Successful Bidder in response to the Tender Document. The Licencee shall, when so required by the Licensor, as soon as reasonably possible but in any case within 15 (fifteen) days of receipt of such request from the Licensor unless a longer time period is specified by the Licensor, make available in writing at its own cost and expense, all such information, evidence and documents as may be required by the Licensor for such verification.