KIOSK OR COUNTER SPACE LICENCE AGREEMENT
This Kiosk or Counter Space Licence Agreement (this "Agreement") is made at Chandigarh on 1 April 2026.
BETWEEN
Sunrise Mall Developers Private Limited, an individual, of SCO 214-215, Sector 34-A, Chandigarh 160022, PAN AABCS9876Q, acting through Ravinder Mohan Sethi, Director, authorised by board resolution dated 3 March 2026 (the "Licensor", which expression includes its successors in interest and permitted assigns);
AND
Quickfix Mobile Accessories, an individual, of House No. 812, Sector 40-B, Chandigarh 160036, PAN AAGCN5544R, acting through X, X (the "Licensee", which expression includes its permitted assigns).
The Licensor and the Licensee are each a "Party" and together the "Parties".
RECITALS
A. The Licensor is the owner of the Mall or Building known as Sunrise Mall, situated at Plot No. C-2, Sector 66, S.A.S. Nagar (Mohali) 160066 (the "Mall or Building"), in the State of Punjab.
B. The Licensor has agreed to permit the Licensee to use, without exclusive possession, the space described in Schedule I (the "Licensed Space") for the Permitted Use, on the terms of this Agreement.
C. The Parties intend this Agreement to create a licence within the meaning of Section 52 of the Indian Easements Act, 1882, and not a lease, tenancy or other interest in immovable property. Clause 2 states this in operative terms.
NOW THIS AGREEMENT WITNESSES as follows.
- 1. DEFINITIONS
1.1 "Licence Period" means the period of 24 months commencing on 2 April 2026 and ending on 3 April 2026, unless ended earlier under this Agreement.
1.2 "Licence Fee" means the amount payable under clause 5, as escalated or reconciled under that clause.
1.3 "Permitted Use" means: The retail sale of mobile phone accessories, cases, screen guards and minor repair services carried out at the counter itself..
1.4 References to a statute are to that statute as amended or re-enacted, and include a statute as extended to the place where the Mall or Building is situated. Headings do not affect interpretation. The singular includes the plural.
- 2. GRANT OF LICENCE; NO EXCLUSIVE POSSESSION
2.1 The Licensor grants the Licensee a personal, non-exclusive and revocable licence to use the Licensed Space for the Permitted Use during the Licence Period, subject to this Agreement. This Agreement does not create a lease, sub-lease, tenancy or easement, does not transfer possession of the Licensed Space to the Licensee, and does not grant the Licensee any estate or interest in the Licensed Space, the Mall or Building, or any part of either.
2.2 The Licensor retains possession and control of the Licensed Space and of the Mall or Building at all times. The Licensor and its representatives, employees, contractors, security staff and other licensees may access, pass through and use the area in and around the Licensed Space at any time in connection with the operation, management, security and maintenance of the Mall or Building, and the grant of this Agreement does not derogate from that access or from the Licensor's overall control of the Licensed Space.