LICENCE AGREEMENT
THIS AGREEMENT made on this 10th day of November 2005, between GODREJ & BOYCE MANUFACTURING COMPANY LTD., a Company incorporated under the provisions of the Indian Companies Act, 1913, and having its Registered Office at Pirojshanagar, Vikhroli, Mumbai 400 079 (hereinafter referred to as the “Licensor”), of the ONE PART, and WNS GLOBAL SERVICES PVT. LTD., a Limited Company incorporated under the Companies Act, 1956, and having its Registered Office Pl-10, Godrej & Boyce Complex, Vikhroli (W), Mumbai- 400 079, [hereinafter referred to as “the Licensee”) of the OTHER PART.
The “Licensor” and the “Licensee” are hereinafter together always referred to as the “Parties” and are individually, when necessary, referred to as “Party”.
RECITALS
WHEREAS the Licensor is the owner of and absolutely seized & possessed of and/or otherwise well and sufficiently entitled to all those lands lying being and situate at Pirojshanagar, Vikhroli, Mumbai - 400 079, on which lands the Licensor has built and constructed several industrial sheds and office blocks (hereinafter referred to as “the Larger Premises”)
AND WHEREAS the Licensor has constructed Plant no. 10 building admeasuring about 85,000 Sq. Ft., constructed on the Survey No.57 (pt) of Village Vikhroli corresponding to CTS No. 7 (pt) and 67 (pt)
AND WHEREAS the Licensee is desirous of using and occupying 4,867 sq. ft. lying and situate at the Ground Floor of the building Plant No. (i.e. the said Industrial Shed No.) 10 as aforesaid delineated in red in the Plan annexed and more particularly described in the Schedule hereto (hereinafter referred to as “the Licensed Premises”).
AND WHEREAS the Licensee has requested the Licensor to permit the Licensee to use and occupy the Licensed Premises which request has been acceded to by the Licensor and the Parties hereto have agreed to enter into a Leave & License Agreement in the manner following.
