Heaven 2011
21 February 2009 at 12:28
In a license agreement entered with the licensee there is a clause "it is hereby clarified and agreed that the present demise is for a term of 3 yrs during which period either party can terminate this agreement by giving 1 months notice.After the expiry of such license period, this agreement may be renewed at the option of the Licensor on the same terms and conditions for further two periods of three years each..."
Respected gentelmen, my query is if this agreement is renewed can i incorporate new clause containing new terms and conditions or can i amend or delete this existing clause? Can i have any theory back up for the concerned issue from Indian Contract Act?
Kindly advise.
With best regards,
Asish
Heaven 2011
21 February 2009 at 12:28
In a license agreement entered with the licensee there is a clause "it is hereby clarified and agreed that the present demise is for a term of 3 yrs during which period either party can terminate this agreement by giving 1 months notice.After the expiry of such license period, this agreement may be renewed at the option of the Licensor on the same terms and conditions for further two periods of three years each..."
Respected gentelmen, my query is if this agreement is renewed can i incorporate new clause containing new terms and conditions or can i amend or delete this existing clause? Can i have any theory back up for the concerned issue from Indian Contract Act?
Kindly advise.
With best regards,
Asish
sanjeev gupta
21 February 2009 at 12:20
Dear sir,
Recently, I have completed my LL.B, and I want to apply for orth Commissioner, can u sugest me , where I can apply and when i will apply and what is the procedure for apply as a orth Commissioner.
Sanjeev Gupta
anshul sangal
21 February 2009 at 12:07
in which subject of law i should have better knowledge for getting the job in Legal Adviser
anshul sangal
21 February 2009 at 11:58
in which subject of Law i should have better kiowledge for gettig the job in Legal Adviser
anshul sangal
21 February 2009 at 11:57
in which subject of Law i should have better kiowledge for gettig the job in Legal Adviser
anshul sangal
21 February 2009 at 11:56
in which subject of Law i should have better kiowledge for gettig the job in Legal Adviser
anshul sangal
21 February 2009 at 11:55
in which subject of Law i should have better kiowledge for gettig the job in Legal Adviser
anshul sangal
21 February 2009 at 11:51
in which subject of labour law i should have better knowledge for gatting a job in HR
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License Agreement
In a license agreement entered with the licensee there is a clause "it is hereby clarified and agreed that the present demise is for a term of 3 yrs during which period either party can terminate this agreement by giving 1 months notice.After the expiry of such license period, this agreement may be renewed at the option of the Licensor on the same terms and conditions for further two periods of three years each..."
Respected gentelmen, my query is if this agreement is renewed can i incorporate new clause containing new terms and conditions or can i amend or delete this existing clause? Can i have any theory back up for the concerned issue from Indian Contract Act?
Kindly advise.
With best regards,
Asish