Agreement or determination of the Reviewed Rent Sample Clauses

Agreement or determination of the Reviewed Rent. The Open Market Rent at any Rent Review Date may be agreed in writing at any time between the Lessor and the Lessee but if, for any reason, they have not so agreed by the Relevant Review Date then the Lessor may by notice in writing to the Lessee require the Open Market Rent to be determined by the Surveyor.
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Agreement or determination of the Reviewed Rent. The Open Market Rent at any Review Date may be agreed in writing at any time between the Landlord and the Tenant but if, for any reason, they have not so agreed, either party may (whether before or after the Relevant Review Date) by notice in writing to the other require the Open Market Rent to be determined by the Surveyor.
Agreement or determination of the Reviewed Rent. The Open Market Rent at the Review Date may be agreed in writing at any time between the Landlord and the Tenant but if, for any reason, they have not so agreed by the Review Date then the Landlord may by notice in writing to the Tenant require the Open Market Rent to be determined by the Surveyor. The Surveyor shall, at the option of the Landlord, act either as an arbitrator in accordance with the Arbitration Xxx 0000 or as an expert, such option to be exercised by the Landlord by giving written notice to the President at the time of the Landlord’s written application to the President but if no written notice is given by the Landlord as aforesaid, then the Surveyor shall act as an arbitrator;
Agreement or determination of the Reviewed Rent. 3.1 The Reviewed Rent may be agreed at any time between the Lessor and the Lessee or, in the absence of agreement, be determined not earlier than the Relevant Review Date by an Arbitrator to be nominated, in the absence of agreement between the parties, upon the application (made not more than two calendar months before or at any time after the Review Date) of the Lessor (or if the Lessor fails to make such application within twenty-eight days of being requested in writing so to do by the Lessee, then on the application of the Lessee) by the President of the Law Society at the discretion of the party entitled to make the application; 3.2 In the event of the President or other Officer endowed with the functions of the said President of the Law Society or the Institute or the Society being unable or unwilling to make the nomination therein mentioned the same may be made by the next senior Officer of the Law Society or the Institute or the Society who shall be so able and willing.
Agreement or determination of the Reviewed Rent. 3.1 The Market Rent at the Relevant Review Date may be agreed in writing at any time between the Landlord and the Tenant, but the Landlord may at any time not earlier than three months before the Relevant Review Date or the Landlord and/or the Tenant (as the case may be) may at any time after the Relevant Review Date: 3.1.1 either by agreement between them; or 3.1.2 by the Landlord or the Tenant giving Notice to the other; require the Market Rent to be determined by the Review Surveyor. 3.2 Any such determination by the Review Surveyor shall be the Market Rent on the Relevant Review Date, unless the Market Rent has been agreed in writing by the Landlord and the Tenant at any time prior to such determination.
Agreement or determination of the Reviewed Rent. 3.1 The Open Market Rent at any Review Date may be agreed in writing at any time between the Landlord and the Tenant, but the Landlord and/or the Tenant (as the case may be) may at any time not earlier than 3 months before the Relevant Review Date: (a) either by agreement between them, or (b) by the Landlord or the Tenant giving Notice to the other require the Open Market Rent to be determined by the Independent Surveyor. 3.2 Any such determination by the Independent Surveyor shall be the Open Market Rent on the Relevant Review Date, unless the Open Market Rent has been agreed in writing by the Landlord and the Tenant at any time prior to such determination.
Agreement or determination of the Reviewed Rent. 3.1 The Reviewed Rent may be agreed at any time between the Landlord and the Tenant or, in the absence of agreement, be determined not earlier than the Relevant Review Date by an Arbitrator or Independent Valuer to be nominated, in the absence of agreement between the parties, upon the application (made not more than two calendar months before or at any time after the Review Date) of the Landlord (or if the Landlord fails to make such application within twenty-eight days of being requested in writing so to do by the Tenant, then on the application of the Tenant) by either the President of the Law Society, or the President of the Institute or the President of the Society at the discretion of the party entitled to make the application; 3.2 The Landlord may direct whether the nominee is to act as an Arbitrator or Independent Valuer
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Agreement or determination of the Reviewed Rent. The Actual Building Rent and the Notional Rent at any Review Date may be agreed in writing at any time between the Landlord and the Tenant but if for any reason (whether through failure or omission to agree or negotiate or to initiate any negotiation) the Landlord and the Tenant have not so agreed either or both of the Actual Building Rent and the Notional Rent then either the Landlord or the Tenant may (whether before or after the relevant Review Date) by notice in writing to the other party require whichever of the Actual Building Rent and the Notional Rent has not then been so agreed to be determined by the Surveyor

Related to Agreement or determination of the Reviewed Rent

  • Expert Determination If a Dispute relates to any aspect of the technology underlying the provision of the Goods and/or Services or otherwise relates to a financial technical or other aspect of a technical nature (as the Parties may agree) and the Dispute has not been resolved by discussion or mediation, then either Party may request (which request will not be unreasonably withheld or delayed) by written notice to the other that the Dispute is referred to an Expert for determination. The Expert shall be appointed by agreement in writing between the Parties, but in the event of a failure to agree within ten (10) Working Days, or if the person appointed is unable or unwilling to act, the Expert shall be appointed on the instructions of the relevant professional body. The Expert shall act on the following basis: he/she shall act as an expert and not as an arbitrator and shall act fairly and impartially; the Expert's determination shall (in the absence of a material failure to follow the agreed procedures) be final and binding on the Parties; the Expert shall decide the procedure to be followed in the determination and shall be requested to make his/her determination within thirty (30) Working Days of his appointment or as soon as reasonably practicable thereafter and the Parties shall assist and provide the documentation that the Expert requires for the purpose of the determination; any amount payable by one Party to another as a result of the Expert's determination shall be due and payable within twenty (20) Working Days of the Expert's determination being notified to the Parties; the process shall be conducted in private and shall be confidential; and the Expert shall determine how and by whom the costs of the determination, including his/her fees and expenses, are to be paid.

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