DEMISE AND RENT. 3.1 In consideration of the Rents hereinafter reserved and of the covenants and conditions hereinafter contained the Landlord hereby demises unto the Tenant with full title guarantee the Premises together with the rights (if any) contained or referred to in Part 2 of Schedule 1 except and reserving as provided in Part 3 thereof TO HOLD the same subject to and with the benefit of the matters (if any) referred to in Part 4 of Schedule 1 unto the Tenant for the Term yielding and paying therefor unto the Landlord quarterly during the Term and so in proportion for any less period than a quarter without any deduction first the Base Rent payable on a Rent Day in advance in accordance with column 4 of Schedule 3 and Additional Rent payable in advance on each Rent Day in accordance with Column 5 of Schedule 3
3.2 The Additional Rent shall be reviewed on 1st December 2002 and thereafter every 1st December during each year of the Term (“the Additional Rent Review Date”) 50 that if any of the expenses incurred in the provision of the Part 1 Services have varied during the preceding twelve months the Additional Rent shall be varied as appropriate by a proportionate amount based on the net square footage of the Premises as a percentage of the total net square footage of the Site and in the event of any dispute between the parties either party may require the matter to be determined by the Landlord’s auditors who shall certify the amount of any variation to the Additional Rent (save in respect of manifest error) such variation to take effect from the relevant Additional Rent Review Date and pending determination the Tenant shall continue to pay the Additional Rent at the rate payable during the preceding twelve months.
3.3 In providing the Part 1 Services the Landlord shall be entitled to change or withdraw such of the Part 1 Services as are specified in paragraphs (i), (ii) and (iii) of Part 1 of Schedule 2 upon giving to the Tenant not less that three months prior written notice (unless prevented by force majeure) whereupon the Additional Rent for the relevant year in which the change or withdrawal is made shall be adjusted by such amount as is fair and reasonable with any dispute being determined on the application of either party by the Landlord’s auditor
3.4 If the Landlord shall choose to provide any of the Part 1 Services in a different manner to that provided previously or to a different quality standard or not to provide any of the Part 1 Services the effect of ...
DEMISE AND RENT. The Landlord with limited title guarantee demises the Property to the Tenant together with the Rights reserving to the Landlord the Reservations to hold to the Tenant for the Term paying as Rent:
(a) the Initial Rent to be paid yearly (and proportionately for any part of a year) by equal quarterly instalments in advance on the Rent Payment Days (the first payment to be made on the Rent Commencement Date for the period from the Rent Commencement Date to the next Rent Payment Day); and
(b) the Additional Rent on the Additional Rent Payment Day; and
(c) the Insurance Rent within 14 days of written demand; and
(d) any other sums which are or may at any time become due from the Tenant to the Landlord under this Lease.
DEMISE AND RENT. 2.1 The Landlord demises the Property to the Tenant together with the rights set out in Schedule 2 except and reserving to the Landlord the rights set out in Part 1 of schedule 3 but subject to the Title Matters to hold them to the Tenant for a term of ten years starting on 1 February 2005 paying during the Term by way of Rent:
2.1.1 the Basic Rent, which shall be paid yearly and proportionately for any part of a year by equal quarterly installments in advance on the Quarter Days, the first payment to be made on the Rent Commencement Date in respect of the period from that date to the next Quarter Day; and
2.1.2 the Insurance Charge which shall be paid as stated in paragraph 2 of schedule 5; and
2.1.3 the Service Charge which shall be paid as stated in schedule 8; and
2.1.4 any other sums which may become due from the Tenant to the Landlord under the provisions of this Lease.
DEMISE AND RENT. 2.1 In consideration of the rent and other provisions herein contained the Landlord hereby lets the Property to the Tenant for the Term, together with the rights set out in Part 2 of the Schedule. Notwithstanding the foregoing, in the event that the Tenant no longer requires the Property, the Tenant will be entitled at any time to terminate the lease on giving twelve months prior written notice to the Landlords in which event the Tenant shall comply with the obligations in Clause 3.7 hereof.
2.2 The Tenant shall pay to the Landlord a rent of £1 per annum annually in arrears (if asked only)
DEMISE AND RENT. The Landlord at the request of the Surety DEMISES unto the Tenant ALL THOSE the Premises TOGETHER with the particular rights set out in Schedule 1 BUT EXCEPT AND RESERVED AND SUBJECT to the particular rights and matters set out in Schedule 2 AND SUBJECT ALSO to the matters contained or referred to in the documents brief particulars of which are set out in Schedule 3 TO HOLD the Premises unto the Tenant (together with but except and reserved and subject as above) for the Term YIELDING AND PAYING to the Landlord during the Term and so in proportion for any time less than a year without any deductions whatsoever the following rents namely:
2.1 until and including [Engrossment Note: insert date which is the day before 1st anniversary of Term Commencement Date] the yearly Principal Rent of £[19,234] [45,531.50] [18,984.50] and thereafter until and including [Engrossment Note: insert date which is the day before date which is 30 months from and including the Term Commencement Date] the yearly Principal Rent of £[28,851] [68,297.25] [28,476.75] and thereafter until and including [Engrossment Note: insert date which is the day before the 5th anniversary of the Term Commencement Date] the yearly Principal Rent of £[38,468] [91,063] [37,969] and during the remainder of the Term the same yearly Principal Rent or such higher yearly rent as may become payable pursuant to review under clause 6 by equal quarterly payments in advance on the four usual quarter days in each year of which the first payment (being the due proportion for the period commencing on [Engrossment Note: insert the Term Commencement Date] and ending on [Engrossment Note: insert the day before the quarter day next following lease completion]) shall be paid on or before the date of this Lease;
2.2 until and including [Engrossment Note: insert date which is the day before lst anniversary of term commencement date] the yearly Second Rent of £[24,095] [41,950] [17,705] and thereafter until and including [Engrossment Note: insert date which is the day before date which is 30 months from and including the Term Commencement Date] the yearly Second Rent of £[36,142.50] [62,925] [26,557.50] and thereafter during the remainder of the Term the yearly Second Rent of £[48,190] [83,900] [35,410] by equal quarterly payments in advance on the four usual quarter days in each year of which the first payment (being the due proportion for the period commencing on [Engrossment Note: insert the Term Commencement Date] and ...
DEMISE AND RENT. 1 1.1 Demise.................................................... 1 1.2 Premises.................................................. 1 1.3
DEMISE AND RENT. In consideration of the rents hereinafter reserved and of the covenants and conditions hereinafter contained the Landlord hereby demises unto the Tenant all that the Premises together with so far as the Landlord can grant the same the rights (if any) contained or referred to in part 2 of schedule 1 except and reserving as provided in part 3 thereof to hold the same subject to and (insofar as the Landlord has the power to grant the same) with the benefit of the matters (if any) referred to in part 4 of that schedule unto the Tenant for the Contractual Term yielding and paying therefor unto the Landlord yearly during the Term and so in proportion for any less period than a year without any deduction first the clear yearly rent (exclusive of VAT) ascertained in accordance with clause 3.2 such rent (if the Landlord so requires) to be paid by banker's standing order direct debit or other accepted means for the transmission of money which the Landlord may from time to time reasonably nominate by equal quarterly payments in advance on the four Rent Days in every year the first payment (for the period beginning on the Rent Commencement Date and ending on the day preceding the next succeeding Rent Day and calculated by multiplying the said yearly rent by the fraction of which the numerator is the number of days between those dates (both included) and the denominator is 365) to be made on the date hereof secondly by way of additional rent all such monies as shall become payable in accordance with clause 4.3 thirdly by way of additional rent all such monies as shall become payable in accordance with clause 4.4 fourthly by way of additional rent on demand all such monies as shall become payable in accordance with clause 6.2.1 and fifthly by way of additional rent all other amounts (including VAT) payable to the Landlord under this lease.
DEMISE AND RENT. The Landlord demises the Premises to the Tenant together with the rights set out in schedule 2 except and reserving to the Landlord the rights set out in part 1 of schedule 3 subject to the Title Matters to hold them to the Tenant for a term of 15 years starting on 2005 paying during the Term by way of Rent:
(a) the Basic Rent which shall be paid yearly and proportionately for any part of a year by equal quarterly instalments in advance on the Quarter Days the first payment to be made on 1 October 2006 in respect of the period from that date to the next Quarter Day and
(b) the Insurance Charge which shall be paid as stated in paragraph 3 of schedule 5 and
(c) any other sums which may become due from the Tenant to the Landlord under the provisions of this Lease
DEMISE AND RENT. 2.1 The Landlord demises the Property to the Tenant together with the rights set out in Schedule 2 except and reserving to the Landlord the rights set out in Part 1 of Schedule 3 but subject to the Title Matters to hold them to the Tenant for a term of years starting on the date of this Lease and expiring on 29 April 2015 paying during the Term by way of Rent:
2.1.1 the Basic Rent, which shall be paid yearly and proportionately for any part of a year by equal quarterly instalments in advance on the Quarter Days, the first payment to be made on the Rent Commencement Date in respect of the period from that date to the next Quarter Day; and
2.1.2 the Insurance Charge which shall be paid as stated in paragraph 3 of Schedule 5 for the period starting on the date of this Lease.
