Define: Premises
the area from time to time allocated by the Licensor within the Building shown edged COLOUR on the Plan OR such Premises as the Licensor may in its sole discretion from time to time allot to the Licensee without notice.
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
any premises to which any lease, licence or other right to occupy is to be granted by the Council to the Mutual, as set out in the Transfer Agreement;.
Relevant Circumstances
- When occupation of a specified area is granted under a lease or licence
- If the licensor can reallocate space at its discretion
- Where the scope of premises is defined by a plan or transfer agreement