3. Since the first year of the effective licence is `zero`, the total amount is treated as short-time working. A strike is the result of workers` riots at work and is proclaimed by the unions. On the other hand, a lockout is the right of the owner of the assets that meets the legal needs to close the site. But the result of both cases shows the cessation of production. In this case, the actual production could be strongly affected and possibly insufficient to pay the minimum rent. Under these conditions, the lessor may accept royalties on the basis of the actual service. The regime provided for must be set out in the licence agreement. 2006 —1000; 2007 – 1,200; In 2008 — 3,200 and 2009 — 3,200. Income tax was deducted each year at 20% before the actual payment of royalties at source.
(1) During the strike or lockout, the royalty actually earned fulfils all rental obligations (if the actual fee is less than the minimum rent). If, at any time, one or more terms of this License Agreement are held to be unenforceable or unenforceable, the parties agree to replace a similar provision or condition to replace the erroneous provisions. This year again, the actual fee is higher than the minimum rent of Rs. 10,000 (Rs 30,000 – Rs. 20,000), which is amortized against the rest of the short-time working of Article 13,000. Therefore, a significant part of short-time working, i.e. 3,000 (item 13,000 – Rs.10,000), should be transferred to P&L A/C, given that the maximum period for repayment of short-time working was the first four years. While the Licensor owns and holds the rights to grant shares in [Property.Address], the Grantee has expressed an interest in using the Grantor`s property for [Time.Period] by paying a portion of the Grantees` profits as a royalty for the property, as well as all agreed lump sums included in this License Agreement. 2001 – The actual fee is higher than the minimum rent around rule 1,100 (R. 11,100 – R. 10,000) and short-time working was paid on the spot around the similar amount of paragraph 10,000 of 1998. Again, the actual fee is lower than the minimum rent in Article 7,000 (i.e.
20,000 – paragraph 13,000), which is presented in turn. Therefore, the total amount of short-time working presented is 18,000 (i.e. 11,000 for the first year and 7,000 for the second year). Licensor grants Licensor, after entering into this Agreement, rights in the property, both in the United States and abroad, for a period of [contract.years]. This is a period included in the contract in the interest of the owner, as it guarantees a minimum rent even in the event of a reduction in turnover or services. Therefore, the tenant pays the minimum rent or the actual amount of the license, whichever is higher. Since the actual fee is higher than the minimum, the rent is Rs 5,000 ( i.e. rs. . .