Premises Transition Clause Guide

Summary

A premises transition clause should clearly state that the existing address remains valid until operations are fully transitioned to the new premises. Once the new premises are active, the old premises should be discontinued. It is important to notify all relevant stakeholders about the transition. Adjust the clause as needed or consult a legal professional for further customization.

Full Conversation

into paragraph format
Certainly! Here's a paragraph format for the clause you can incorporate into your agreement:
---
The existing address in Kolkata shall remain valid until operations are fully transitioned and active at the new premises. Upon activation of operations at the new premises, the use of the old premises shall be discontinued. The parties agree to notify all relevant stakeholders regarding the transition to the new premises.
---
Feel free to adjust it according to any specific requirements or consult a legal professional for further customization.