Agreement between Owner and the Advertiser

Updated atMarch 2010

AGREEMENT is made at...this... day of... between Shri.....of residing at... hereinafter referred to as 'Owner' of the One Part and Shri..... of... resident of... hereinafter referred to as the 'Advertiser' of the Other Part;

WHEREAS--

1) The Owner owns a building situate at... bearing House No.... which abuts on the public road known as... and the said building has an open terrace which gives a long range view of the locality.

2) The Advertiser produces and sells a product by the name... and proposes to put up an advertisement by way of neon-sign on the said terrace and has requested the Owner to allow him to do so which the Owner has agreed on the following terms and conditions agreed to by the Advertiser.

3) It is proposed to record the said terms and conditions in the manner following.

NOW IT IS AGREED BETWEEN THE PARTIES HERETO AS FOLLOWS:

  1. The Owner hereby grants license to the Advertiser to fix and exhibit on the eastern parapet wall of the terrace on the top of the said Building necessary frame or other fixture for the purpose of displaying the advertisement in neon signs or in any other illuminated form, for the product hereinbefore mentioned in the recital. The wording of the advertisement will be as follows:...

  2. The Advertiser will fix the frame or other contrivance to display the said advertisement at his own costs and it will be fixed in such a way as not to damage the parapet wall except to the extent of drilling holes or putting nails. The Advertiser will take care to see that the fixture is safe and there...

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