Demise. In consideration of the rents reserved by this Lease and the covenants on the part of the Tenant the Landlord with full title guarantee demises unto the Tenant the demised premises subject to all easements, liberties, privileges, quasi-easements, rights, benefits and advantages affecting them to hold the demised premises unto the Tenant for the Term specified in the Lease Details together with the easements and rights specified in Part 2 of Schedule 1 except and reserved to the Landlord and all persons authorised by the Landlord or otherwise entitled the easements and rights specified in Part 3 of Schedule 1 yielding and paying to the Landlord: (i) the principal yearly rent by equal quarterly payments in advance on the usual quarter days in every year such payments to be made by telegraphic bank transfer (which obligation shall, where the Tenant has consistently failed to pay the said yearly rent on the due dates for payment, include an obligation on the Tenant to make such payment by banker's order), the first payment in respect of the period commencing on the Rent Commencement Date specified in the Lease Details up to but excluding the day immediately preceding the quarter day next thereafter to be made on such Rent Commencement Date; (ii) the relevant proportion of the proper costs and expenses incurred by the Landlord in connection with its obligations under Schedule 5 such payment to be made within fourteen days of demand, the first payment in respect of the period commencing on the date of this Lease to be made on the date of this Lease; and (iii) the service charge rent at the times set out in Schedule 7, the first payment in respect of the period commencing on the date of this Lease up to the quarter day next thereafter to be made on the date of this Lease.
Appears in 3 contracts
Samples: Lease Agreement (Lecg Corp), Lease Agreement (Lecg Corp), Lease Agreement (Lecg Corp)
Demise. In consideration of The Landlord demises the rents reserved by this Lease Premises to the Tenant:
2.1 together with the rights set out in Schedule 2;
2.2 except and reserving to the covenants on Landlord the part of rights as set out in Schedule 3;
2.3 to hold the same to the Tenant for the Landlord with full title guarantee demises unto the Tenant the demised premises Term;
2.4 subject to all rights, easements, liberties, privileges, quasi-easements, rightsrestrictions, benefits covenants and advantages liabilities affecting them to hold the demised premises unto the Tenant for the Term specified in the Lease Details together with the easements and rights specified in Part 2 of Schedule 1 except and reserved Premises including without prejudice to the Landlord and all persons authorised by generality of the Landlord or otherwise entitled the easements and rights specified foregoing those described in Part 3 of Schedule 1 6;
2.5 yielding and paying to the Landlord:
2.5.1 FIRST from the date hereof until the Rent Commencement Date a peppercorn (iif demanded) and thereafter throughout the principal yearly rent Term the Rent without any deduction in every year and proportionately for any period of less than a year such Rent being payable by equal quarterly payments in advance on the usual quarter days in every year such payments to be made Quarter Days;
2.5.2 SECOND by telegraphic bank transfer (which obligation shall, where way of additional rent the amounts payable by the Tenant has consistently failed from time to pay the said yearly rent on the due dates for payment, include an obligation on the Tenant to make such payment by banker's order), the first payment time under this Lease in respect of the period commencing on the Rent Commencement Date specified in the Lease Details up to but excluding the day immediately preceding the quarter day next thereafter insurance and service charge such additional rent to be made on such Rent Commencement Datepayable at the times and the manner herein specified and to be recoverable by and subject to all the remedies of the Landlord for the recovery of rent;
(ii) the relevant proportion 2.5.3 THIRD by way of the proper costs and expenses incurred by the Landlord in connection with its obligations under Schedule 5 such payment to additional rent any VAT which may be made within fourteen days of demand, the first payment or become chargeable in respect of any rent or other sums payable hereunder whether as a consequence of the period commencing Landlord electing to waive the exemption from VAT on the date of this Lease such rent or otherwise such VAT to be made on recoverable in the date of this Leasesame manner as rent and additional rent; and
(iii) 2.5.4 FOURTHLY by way of additional rent the service charge rent at Car Parking Licence Fee and the times set out Motorcycle Parking Licence Fee payable by equal quarterly payments in Schedule 7, the first payment in respect of the period commencing advance on the date of this Lease up to the quarter day next thereafter to be made on the date of this Lease.Quarter Days
Appears in 2 contracts
Samples: Lease Agreement (King Digital Entertainment PLC), Lease Agreement (King Digital Entertainment PLC)
Demise. In consideration of the rents reserved by this Lease and the covenants on the part of the Tenant hereinafter reserved and contained the Landlord HEREBY DEMISES with full title guarantee demises unto to the Tenant the demised premises subject to all easements, liberties, privileges, quasi-easements, rights, benefits and advantages affecting them to hold the demised premises unto the Tenant for the Term specified in the Lease Details together Demised Premises TOGETHER with the easements and rights specified as mentioned in Part 2 of Schedule 1 except and reserved to the Landlord and all persons authorised by the Landlord or otherwise entitled the easements and rights specified EXCEPTING AND RESERVING as mentioned in Part 3 of Schedule 1 yielding and paying TO HOLD the same to the LandlordTenant SUBJECT to all rights easements quasi-easements and privileges to which the Demised Premises are or may be subject and to the rights covenants and other matters contained or referred to in the documents details of which are set out in Part 4 of Schedule 1 for a term of years from and including the Term Commencement Date and expiring on 1 April 2028 YIELDING AND PAYING therefor during the Term and so in proportion for any less time than a year:
(i) 2.1 the principal yearly rent at the rate of a peppercorn (if demanded) for the period until the Rent Commencement Date and then from and including the Rent Commencement Date at the rate of £210,000 per annum (subject to review as provided for in Schedule 2) to be paid in advance (by Banker’s Order if the Landlord so requires) by equal quarterly payments in advance on the usual quarter days in every year the first of such payments to be made by telegraphic bank transfer (which obligation shall, where the Tenant has consistently failed to pay the said yearly rent on the due dates for payment, include an obligation on the Tenant to make such payment by banker's order), the first payment in respect of the period commencing on from the Rent Commencement Date specified in the Lease Details up to but excluding the day immediately preceding before the next quarter day next thereafter (both dates inclusive) to be made on such the Rent Commencement Date;
(ii) the relevant 2.2 within 7 days of demand an amount equal to a fair proportion of the proper costs full cost of every premium payable including any tax which may be payable thereon and expenses incurred other payment properly paid by the Landlord in connection with its obligations under Schedule 5 such payment from time to be made within fourteen days of demand, time during the first payment in respect Term pursuant to clause 2.2 of the period commencing on Superior Lease;
2.3 the date of this Lease to be made on the date of this Lease; and
(iii) the service charge rent at the times set out in Schedule 7, the first payment in respect of the period commencing on the date of this Lease up amounts payable to the quarter day next thereafter Landlord pursuant to clause 3.2;
2.4 interest which may be made on payable pursuant to clause 3.3;
2.5 any Value Added Tax which may be payable pursuant to clause 3.5;
2.6 all other sums payable by the date of Tenant under this Lease.
Appears in 2 contracts
Samples: Lease Agreement (Vaccitech PLC), Lease (Vaccitech LTD)
Demise. In consideration The Landlord demises the Premises to the Tenant TOGETHER WITH the rights granted in Part 1 of the rents reserved by this Lease and the covenants on the part of the Tenant the Landlord with full title guarantee demises unto the Tenant the demised premises subject to all easements, liberties, privileges, quasi-easements, rights, benefits and advantages affecting them to hold the demised premises unto the Tenant for the Term specified in the Lease Details together with the easements and rights specified in Part 2 of Second Schedule 1 except and reserved RESERVING to the Landlord and all persons others authorised by the Landlord or otherwise entitled the easements and rights specified set out in Part 3 2 of the Second Schedule 1 yielding TO HOLD for the term of Twenty five (25) years from (and including) 19 and expiring on (and including) determinable as herein provided SUBJECT TO all rights easements quasi-easements covenants and stipulations affecting the Premises including the matters contained in or referred to in the deeds and documents listed in the Fifth Schedule paying to during the Landlord:
(i) Term FIRST from the principal date hereof until the Rent Commencement Date the yearly rent of one peppercorn and from the Rent Commencement Date until (and including) day of 19 the yearly rent (and proportionately for any part of a year) of POUNDS ((Pounds) ) and thereafter the -5- yearly rent payable under the Third Schedule such rent to be paid without any deduction or set off whether legal or equitable (except as required by any Act) by four equal quarterly payments in advance on the usual quarter days in every year such payments to be made by telegraphic bank transfer (which obligation shall, where the Tenant has consistently failed to pay the said yearly rent on the due dates for payment, include an obligation on the Tenant to make such payment by banker's order), Rent Payment Dates the first payment in respect of for the period commencing beginning on the Rent Commencement Date specified in the Lease Details up to but excluding the (and including) day immediately preceding the quarter of 19 and ending on (and including) day next thereafter of 19 to be made on such Rent Commencement Date;
(ii) the relevant proportion day of 19 SECONDLY a yearly rent equal to 38 per centum per annum of the proper costs and expenses sum or sums (including the cost of periodic valuations for insurance purposes (but not more than once a year)) incurred or to be incurred by the Landlord in connection with its obligations under Schedule 5 performance of the Landlord's covenant for insurance in clause 4.2 such payment yearly rent to be made within fourteen days of demand, paid on demand THIRDLY the first payment yearly rent ascertained in respect accordance with the provisions of the period commencing on the date of this Lease Fourth Schedule such rent to be made on paid in accordance with the date Fourth Schedule and FOURTHLY by way of this Lease; and
(iii) additional rent the service charge rent at the times set out in Schedule 7, the first payment in respect of the period commencing on the date of this Lease up interest payable pursuant to the quarter day next thereafter to be made on the date of this Lease.clause 3.35
Appears in 1 contract
Samples: Lease (Hawker Pacific Aerospace)
Demise. In consideration of the rents reserved by this Lease and the covenants on the part of the Tenant hereinafter reserved and contained the Landlord with full title guarantee demises unto HEREBY DEMISES to the Tenant the demised premises subject to all easements, liberties, privileges, quasi-easements, rights, benefits and advantages affecting them to hold the demised premises unto the Tenant for the Term specified in the Lease Details together Demised Premises TOGETHER with the easements and rights specified as mentioned in Part 2 of Schedule 1 except and reserved to the Landlord and all persons authorised by the Landlord or otherwise entitled the easements and rights specified EXCEPTING AND RESERVING as mentioned in Part 3 of Schedule 1 yielding and paying TO HOLD the same to the LandlordTenant SUBJECT to all rights easements quasi-easements and privileges to which the Demised Premises are or may be subject and to the rights covenants and other matters contained or referred to in the documents details of which are set out in Part 4 of Schedule 1 for a term of ten years from and including the Term Commencement Date and expiring on 26 July 2028 YIELDING AND PAYING therefor during the Term and so in proportion for any less time than a year:
(i) 2.1. the principal yearly rent at the rate of a peppercorn (if demanded) for the period until the Rent Commencement Date and then from and including the Rent Commencement Date at the rate of £232,560 per annum (subject to review as provided for in Schedule 2) to be paid in advance (by Banker’s Order if the Landlord so requires) by equal quarterly payments in advance on the usual quarter days in every year the first of such payments to be made by telegraphic bank transfer (which obligation shall, where the Tenant has consistently failed to pay the said yearly rent on the due dates for payment, include an obligation on the Tenant to make such payment by banker's order), the first payment in respect of the period commencing on from the Rent Commencement Date specified in the Lease Details up to but excluding the day immediately preceding before the next quarter day next thereafter (both dates inclusive) to be made on such the Rent Commencement Date;
(ii) the relevant 2.2. within 7 days of demand an amount equal to a fair proportion of the proper costs full cost (without deduction of any agency or other commission paid or allowed to the Landlord on such amount or otherwise which the Landlord shall be entitled to retain for its own benefit free of any obligation to bring the same into account hereunder) of every premium payable including any tax which may be payable thereon and expenses other payment properly incurred by the Landlord from time to time during the Term in connection effecting and maintaining insurance in accordance with its obligations under Schedule 5 such payment the provisions of clause 4.2(a) and further amounts equal to be made within fourteen days of demand, the first payment in respect a fair proportion of the period commencing on reasonable and proper costs incurred by the date Landlord of this Lease obtaining from time to time (but not more often than every 2 years) professional valuations of the Demised Premises for insurance purposes;
2.3. the amounts payable to the Landlord pursuant to clause 3.2;
2.4. interest which may be made on the date of this Leasepayable pursuant to clause 3.3;
2.5. any Value Added Tax which may be payable pursuant to clause 3.5; and
(iii) 2.6. all other sums payable by the service charge rent at the times set out in Schedule 7, the first payment in respect of the period commencing on the date of this Lease up to the quarter day next thereafter to be made on the date of Tenant under this Lease.
Appears in 1 contract
Samples: Lease (Exscientia LTD)
Demise. In consideration of the rents reserved by this Lease and the covenants on the part of the Tenant hereinafter reserved and contained the Landlord with full title guarantee demises unto HEREBY DEMISES to the Tenant the demised premises subject to all easements, liberties, privileges, quasi-easements, rights, benefits and advantages affecting them to hold the demised premises unto the Tenant for the Term specified in the Lease Details together Demised Premises TOGETHER with the easements and rights specified as mentioned in Part 2 of Schedule 1 except and reserved to the Landlord and all persons authorised by the Landlord or otherwise entitled the easements and rights specified EXCEPTING AND RESERVING as mentioned in Part 3 of Schedule 1 yielding and paying TO HOLD the same to the LandlordTenant SUBJECT to all rights easements quasi-easements and privileges to which the Demised Premises are or may be subject and to the rights covenants and other matters contained or referred to in the documents details of which are set out in Part 4 of Schedule 1 for a term of fifteen years from and including the Term Commencement Date and expiring on 5th April 2033 YIELDING AND PAYING therefor during the Term and so in proportion for any less time than a year:
(i) 2.1. the principal yearly rent at the rate of a peppercorn (if demanded) for the period until the Rent Commencement Date and then from and including the Rent Commencement Date at the rate of £404,992 per annum (subject to review as provided for in Schedule 2) to be paid in advance by equal quarterly payments in advance on the usual quarter days in every year the first of such payments to be made by telegraphic bank transfer (which obligation shall, where the Tenant has consistently failed to pay the said yearly rent on the due dates for payment, include an obligation on the Tenant to make such payment by banker's order), the first payment in respect of the period commencing on from the Rent Commencement Date specified in the Lease Details up to but excluding the day immediately preceding before the next quarter day next thereafter (both dates inclusive) to be made on such the Rent Commencement Date;
(ii) the relevant 2.2. within 14 days of demand an amount equal to a fair proportion of the proper costs full cost (without deduction of any agency or other commission paid or allowed to the Landlord on such amount or otherwise which the Landlord shall be entitled to retain for its own benefit free of any obligation to bring the same into account hereunder) of every premium payable including any tax which may be payable thereon and expenses other payment properly incurred by the Landlord from time to time during the Term in connection effecting and maintaining insurance in accordance with its obligations under Schedule 5 such payment the provisions of clause 4.2(a) and further amounts equal to be made within fourteen days of demand, the first payment in respect a fair proportion of the period commencing on reasonable and proper costs incurred by the date Landlord of this Lease obtaining from time to time professional valuations of the Demised Premises for insurance purposes provided that such valuations will not take place more than once every three years;
2.3. the amounts payable to the Landlord pursuant to clause 3.2;
2.4. interest which may be made on the date of this Leasepayable pursuant to clause 3.3; and
(iii) the service charge rent at the times set out in Schedule 7, the first payment in respect of the period commencing on the date of this Lease up 2.5. any Value Added Tax which may be payable pursuant to the quarter day next thereafter to be made on the date of this Leaseclause 3.5.
Appears in 1 contract
Samples: Lease (Exscientia LTD)
Demise. In consideration of the rents and covenants hereinafter reserved by this Lease and the covenants on the part of the Tenant contained the Landlord with full title guarantee demises hereby DEMISES unto the Tenant ALL THAT the demised premises subject TOGETHER WITH (insofar as the Landlord has power to all easements, liberties, privileges, quasi-easements, rights, benefits and advantages affecting them to hold grant the demised premises same) the rights set out in the Second Schedule hereto EXCEPT AND RESERVING as mentioned in the Third Schedule hereto TO HOLD the same unto the Tenant for a term of FIVE YEARS from the Term specified 30th day of April 1993 SUBJECT TO:-
2.1 all rights of light and air and all other rights easements quasi- easements and privileges to which the demised premises are or may be subject; and
2.2 with the benefit of (insofar as the same relate to or affect the demised premises and not other premises) the provisions or matters contained or referred to in the Lease Details together with documents referred to in the easements and rights specified in Part 2 of Fourth Schedule 1 except and reserved to hereto YIELDING AND PAYING therefor yearly during the Landlord and all persons authorised by the Landlord or otherwise entitled the easements and rights specified in Part 3 of Schedule 1 yielding and paying to the Landlordterm:
(ia) during the principal first year of the term the clear yearly rent of L70,000 (SEVENTY THOUSAND POUNDS)
(b) during each of the second, third and fourth years of the term the clear yearly rent of L80,000 (EIGHTY THOUSAND POUNDS) and
(c) during the fifth year of the term the clear yearly rent of L82,500 (EIGHTY-TWO THOUSAND FIVE HUNDRED POUNDS) to be paid by equal quarterly payments in advance on the usual quarter days in every year the first of such payments being a proportionate payment to be made by telegraphic bank transfer (which obligation shall, where the Tenant has consistently failed to pay the said yearly rent paid on the due dates for payment, include an obligation on the Tenant to make such payment by banker's order), the first payment execution hereof in respect of the period commencing from the 1st day of December 1993 to the 28th day of February 1994
2.4 by way of further rent on demand (at the Rent Commencement Date specified election of the Landlord made at any time) either a fair and proper proportion (as determined by the Landlord's Surveyor whose reasonable decision shall be binding upon the Tenant) of the sum or sums which the Landlord shall from time to time pay by way of premium for insuring the Estate or the cost to the Landlord of insuring the buildings comprised in the Lease Details up demised premises and all fixtures of an insurable nature (other than those which the Tenant is entitled to but excluding remove) in either case for the day immediately preceding full reinstatement value thereof (such costs to include any reasonable costs in valuing the quarter day next thereafter to Estate or the said buildings and fixtures for the purposes of assessing the sum for which they should be made on insured provided that such Rent Commencement Date;
valuation shall occur not more than once in every three years) against (iiinsofar as such risks are insurable) the relevant proportion insured risks and including Architects' and Surveyors' fees demolition and site clearance charges and three years' loss of rent during the period covered by the insurance (such costs to include any reasonable costs incurred in valuing the Building and demised premises for the purpose of assessing the amount for which they should be insured)
2.5 the sums referred to in clause 3.2
2.6 a service charge calculated and paid in accordance with the provisions of the proper costs and expenses incurred by the Landlord in connection with its obligations under Fifth Schedule 5 such payment to be made within fourteen days of demand, the first payment in respect of the period commencing on the date of this Lease to be made on the date of this Lease; and
(iii) the service charge rent at the times set out in Schedule 7, the first payment in respect of the period commencing on the date of this Lease up to the quarter day next thereafter to be made on the date of this Lease.hereto
Appears in 1 contract
Samples: Lease (Startek Inc)
Demise. In consideration The Landlord leases the Demised Premises to the Tenant TOGETHER WITH the rights set out in the Second Schedule but EXCEPTING AND RESERVING the rights set out in the Third Schedule SUBJECT TO the provisions of the rents reserved Headlease and all rights enjoyed by this Lease and the covenants on owners or occupiers of any neighbouring property over the part of the Tenant the Landlord with full title guarantee demises unto the Tenant the demised premises subject Demised Premises TO HOLD to all easements, liberties, privileges, quasi-easements, rights, benefits and advantages affecting them to hold the demised premises unto the Tenant for a term of 10 years from and including the Term specified in the Lease Details together with the easements and rights specified in Part 2 10th day of Schedule 1 except and reserved to the Landlord and all persons authorised by the Landlord or otherwise entitled the easements and rights specified in Part 3 of Schedule 1 yielding and paying May 2006 YIELDING AND PAYING to the Landlord:
3.1 the yearly rent of two hundred and sixty eight thousand three hundred and seventy nine pounds fifty xxxxx (i£268,379.50) plus VAT thereon (if applicable) subject to review in accordance with the Fourth Schedule such rent to be paid in advance by the same instalments and on the same days as rent is payable under the Headlease (such rent to be paid by bankers standing order if the Landlord shall so require) the principal yearly rent by equal quarterly payments in advance on the usual quarter days in every year such payments to be made by telegraphic bank transfer (which obligation shall, where the Tenant has consistently failed to pay the said yearly rent on the due dates for payment, include an obligation on the Tenant to make such payment by banker's order), the first payment in respect of the period commencing on the Rent Commencement Date specified in the Lease Details up to but excluding the day immediately preceding the quarter day next thereafter to be made on such Rent Commencement Date;
(ii) the relevant proportion of the proper costs and expenses incurred by the Landlord in connection with its obligations under Schedule 5 such payment to be made within fourteen days on the 10th day of demand, November 2006 and to be a proportionate amount for the first payment in respect period from and including the 10th day of November 2006 to the 24th day of December 2006
3.2 by way of further additional rent the Tenant’s Percentage of the period commencing rents paid by the Landlord under clauses 2.1(b) of the Headlease (save for the insurance rent referred to in paragraph 1 of Part 2 of Schedule 3 of the Headlease) and clauses 2(1) (c) and (d) of the Headlease such rent to be payable on demand
3.3 by way of further additional rent the Tenants’ Percentage of the Service Charge which shall be payable in accordance with clause 7
3.4 interest at the rate of 4 per cent per annum above the base rate for the time being of HSBC plc on all rents and payments herein covenanted to be paid by the Tenant from the date upon which the same shall become due until the date of this Lease payment such interest to be made paid on demand
3.5 any other monies which may become due from the date Tenant to the Landlord under the provisions of this Lease; and
(iii) the service charge rent at the times set out in Schedule 7, the first payment in respect of the period commencing on the date of this Lease up to the quarter day next thereafter to be made on the date of this Lease.Underlease
Appears in 1 contract
Samples: Underlease (Accelrys, Inc.)
Demise. In consideration of the rents hereinafter reserved by this Lease and of the covenants on the part of the Tenant hereinafter reserved and contained the Landlord with full title guarantee demises HEREBY DEMISES unto the Tenant all that the demised premises subject to all easements, liberties, privileges, quasi-easements, rights, benefits and advantages affecting them to hold the demised premises unto the Tenant for the Term specified in the Lease Details Demised Premises together with the easements and other rights specified contained or referred to in Part 2 of the Second Schedule 1 except and reserved to hereto EXCEPT AND RESERVING unto the Landlord and the Superior Lessor and any other person entitled thereto as mentioned in the Third Schedule hereto TO HOLD the Demised Premises subject to all persons authorised by easements quasi easements rights in the Landlord or otherwise entitled the nature of easements and rights specified in Part 3 of Schedule 1 privileges to which the Demised Premises are or may be subject for a term expiring on 14 December 2004 from and including the date hereof yielding and paying to therefor
2.1 During the Landlord:
(i) Term and so in proportion for any less time than a year first the principal yearly rent of ONE HUNDRED AND EIGHTY FOUR THOUSAND AND FIFTEEN POUNDS ((pound)184,015) (being (pound)32.50 per sq ft) to be paid in advance by equal quarterly monthly payments in advance on the usual quarter days in every year 25 day of each month clear of all deductions whatsoever the first of such payments to be made by telegraphic bank transfer (which obligation shall, where the Tenant has consistently failed to pay the said yearly rent on the due dates for payment, include an obligation on the Tenant to make such payment by banker's order), the first payment in respect of the period commencing on the Rent Commencement Date specified in the Lease Details up to but excluding the day immediately preceding the quarter day next thereafter to be made on such Rent Commencement Date;
(ii) the relevant proportion of the proper costs and expenses incurred by the Landlord in connection with its obligations under Schedule 5 such payment to be made within fourteen days of demand, the first payment in respect of the period commencing on the date of this Lease to be made on the date of this Lease; and
(iii) the service charge rent at the times set out in Schedule 7, the first payment hereof in respect of the period commencing on the from that date of this Lease up to and including the quarter day immediately preceding the 25 day of the month next thereafter following
2.2 By way of further or additional rent from time to time a sum or sums of money equal to a fair and reasonable proportion reasonably and properly attributable to the Demised Premises of the aggregate of:
2.2.1 Any amount which the Landlord may from time to time pay or be called upon under the terms of the Headlease to repay to the Superior Lessor in respect of the insurance of the Building against the Insured Risks and
2.2.2 The premium from time to time expended by the Landlord for insurance against three years loss of the rent payable under this Underlease Such further or additional rent to be made on paid within 14 days after the date expenditure and written notification to the Tenant thereof
2.3 By way of this Lease.further or additional rent the Service Charge
2.4 By way of further or additional rent any Value Added Tax (or any substituted or similar tax) which is now or may become payable in respect of any rent fees and other sums due hereunder
2.5 By way of further or additional rent interest as hereinafter provided
Appears in 1 contract
Samples: Lease Agreement (Digitas Inc)
Demise. In consideration of the rents reserved by this Lease and the covenants on the part of The Landlord HEREBY DEMISES to the Tenant the Landlord with full title guarantee demises unto Premises TOGETHER WITH the Tenant the demised premises subject to all easements, liberties, privileges, quasi-easements, rights, benefits and advantages affecting them to hold the demised premises unto the Tenant for the Term rights specified in Part II of the Lease Details together with First Schedule but EXCEPTING AND RESERVING to the Landlord the Superior Landlord and their respective successors in title and assigns and the tenants and occupiers of other parts of the Building and all other persons entitled thereto the easements and rights specified in Part 2 III of the First Schedule 1 except TO HOLD the same unto the Tenant SUBJECT to and reserved to with the Landlord and all persons authorised by benefit of the Landlord or otherwise entitled the easements and rights matters specified in Part 3 the Fourth Schedule for the Term YIELDING AND PAYING therefor together with any VAT payable thereon from time to time:-
2.1 during the period (if any) beginning on the Term Commencement Date and ending on the day before the Rent Commencement Date the rent of Schedule 1 yielding a peppercorn if demanded and paying to thereafter the Landlord:
(i) the principal yearly rent Rent payable without deduction by equal quarterly payments in advance on the usual quarter days in every year such payments to be made by telegraphic bank transfer (which obligation shall, where Quarter Days the Tenant has consistently failed to pay the said yearly rent on the due dates for payment, include an obligation on the Tenant to make first such payment by banker's order), the first payment being a proportionate sum in respect of the period commencing beginning on the Rent Commencement Date specified in the Lease Details up to but excluding and ending on the day immediately preceding before the quarter day Quarter Day next thereafter after the Rent Commencement Date to be made paid on such the date hereof
2.2 throughout the Term on demand by way of further rent a sum equal to fourteen point two nine per centum (14.29%) of (i) every sum which the Landlord shall from time to time pay to the Superior Landlord as Insurance Rent Commencement Date;
pursuant to the Superior Lease and (ii) (to the relevant proportion extent that the Landlord may effect the same) every sum which the Landlord may from time to time pay by way of premium (including any increased or additional premium payable by reason of any act or omission of the proper costs Tenant or any of the Tenant's servants or agents or by reason of the user of the Premises) for keeping the Building fees rent and expenses incurred by property owner's liability risks of the Landlord in connection with its obligations under Schedule 5 such payment to be made within fourteen days of demand, and the first payment in respect of the period commencing on the date of this Lease to be made on the date of this Lease; and
(iii) the service charge rent at the times set out in Schedule 7, the first payment in respect of the period commencing on the date of this Lease up to the quarter day next thereafter to be made on the date of this Lease.Superior Landlord insured
Appears in 1 contract
Demise. In consideration IN CONSIDERATION of the rents hereinafter reserved by this Lease and the covenants on the part of the Tenant Tenant's covenants hereinafter contained the Landlord with full title guarantee demises HEREBY DEMISES unto the Tenant ALL THOSE the demised premises subject Demised Premises TOGETHER with the fights set out in the Second Schedule hereto but EXCEPTING and reserving to the Landlord and all easements, liberties, privileges, quasi-easements, rights, benefits others so entitled as mentioned in the Third Schedule hereto and advantages SUBJECT to the rights quasi easements privileges covenants restrictions and stipulations of whatever nature affecting them to hold the demised premises Demised Premises TO HOLD the same unto the Tenant for the Term specified in the Lease Details together with the easements and rights specified in Part 2 of Schedule 1 except and reserved YIELDING ,AND PAYING therefor to the Landlord Landlord:-
2.1 the Rent to be paid clear of all deductions and all persons authorised by the Landlord or otherwise entitled the easements and rights specified in Part 3 of Schedule 1 yielding and paying to the Landlord:
(i) the principal yearly rent set-off whatsoever by equal quarterly payments in advance on the usual quarter days in every year and by bankers standing order if required by the Landlord the first of such payments being a proportionate sum from the Rent Commencement Date to be made by telegraphic bank transfer (which obligation shall, where the Tenant has consistently failed to pay the said yearly rent on the due dates for payment, include an obligation on the Tenant to make such payment by banker's order), the first payment in respect of the period commencing next quarter day being payable on the Rent Commencement Date specified in 2.2 by way of fresher and additional rent:
2.2.1 any interest payable under the Lease Details up to but excluding provisions of clause 3.2 hereof
2.2.2 the day immediately preceding the quarter day next thereafter to be made on such Insurance Rent Commencement Date;as payable under provisions of clause 3.4 hereof
(ii) the relevant proportion of the proper costs and expenses incurred 2.2.3 any other sum payable by the Landlord in connection with its obligations under Schedule 5 such payment to be made within fourteen days of demand, the first payment in respect of the period commencing on the date of this Lease to be made on the date of this Lease; and
(iii) the service charge rent at the times set out in Schedule 7, the first payment in respect of the period commencing on the date of this Lease up Tenant to the quarter day next thereafter to be made on the date of this Lease.Landlord hereunder
Appears in 1 contract
Demise. In consideration of the rents reserved by this Lease and the covenants on the part of 2.1 The Landlord demises to the Tenant the Landlord with full title guarantee demises unto the Tenant Demised Premises TOGETHER with (in common with the demised premises Landlord and all others entitled to the like right) the rights specified in the First Schedule to the exclusion of any implied rights pursuant to Section 62 of the Law of Property Xxx 0000 and subject however to the Tenant’s covenants and all easements, liberties, privileges, quasi-easements, rights, benefits and advantages affecting them other provisions of this Lease but EXCEPTING AND RESERVING to hold the demised premises unto Landlord the rights specified in the Second Schedule TO HOLD the Demised Premises to the Tenant for the Contractual Term specified SUBJECT to all rights easements privileges restrictions covenants and stipulations contained or referred to in the Lease Details together with the easements and rights specified in Part 2 of Schedule 1 except and reserved Seventh Schedule
(a) to the Landlord and all persons authorised by the Landlord Rent payable without any deduction or otherwise entitled the easements and rights specified set-off arising at common law or in Part 3 of Schedule 1 yielding and paying equity (except where lawfully made pursuant to the Landlord:
(istatute) the principal yearly rent by equal quarterly payments in advance on the usual quarter days in every year such payments to be made by telegraphic bank transfer (which obligation shall, where and proportionately for any period of less than a year the Tenant has consistently failed to pay the said yearly rent on the due dates for payment, include an obligation on the Tenant to make first such payment by banker's order), the first payment being a proportionate sum in respect of the period commencing on from and including the Rent Commencement Date specified in the Lease Details up to but excluding and including the day immediately preceding before the quarter day next thereafter after the Rent Commencement Date to be made on such Rent Commencement Date;
(ii) the relevant proportion of the proper costs and expenses incurred by the Landlord in connection with its obligations under Schedule 5 such payment to be made within fourteen days of demand, the first payment in respect of the period commencing paid on the date of this Lease to be made on the date of this Lease; lease and
(iiib) to the service charge Management Company by way further rent the Initial Provisional Service Charge (together with VAT) and/or the Service Charge (together with VAT) at the times set out and in Schedule 7, the first payment manner described in respect Part 2 of the period commencing on the date of this Lease up Sixth Schedule and provided that a VAT invoice has been provided to the quarter day next thereafter Tenant one calendar month prior to be made on the date payment due date
(c) to the Landlord by way of this Lease.further rent the Insurance Rent within 21 days of demand
Appears in 1 contract
Samples: Lease (@Road, Inc)
Demise. In consideration of the rents reserved by this Lease and the covenants on the part of The Landlord demises to the Tenant the Premises TOGETHER WITH the rights specified in the second schedule but EXCEPTING AND RESERVING to the Landlord with full title guarantee demises unto the Tenant rights specified in the demised premises subject third schedule TO HOLD the Premises to all easements, liberties, privileges, quasi-easements, rights, benefits and advantages affecting them to hold the demised premises unto the Tenant for the Contractual Term specified SUBJECT to all rights easements privileges restrictions covenants and stipulations of whatever nature affecting the Premises (including but not limited to the exceptions and reservations and the rights of entry exerciseable by the Superior Landlord in the Lease Details together with the easements and rights specified in Part 2 of Schedule 1 except and reserved to the Landlord and all persons authorised by the Landlord or otherwise entitled the easements and rights specified in Part 3 of Schedule 1 yielding and paying Superior Lease) YIELDING AND PAYING to the Landlord:
(i) 4.1 the principal yearly rent Rent payable without any deduction by equal quarterly payments in advance on the usual quarter days in every year such payments to be made by telegraphic bank transfer (which obligation shall, where and proportionately for any period of less than a year the Tenant has consistently failed to pay the said yearly rent on the due dates for payment, include an obligation on the Tenant to make first such payment by banker's order), the first payment being a proportionate sum in 5 15 respect of the period commencing on from and including the Rent Commencement Date specified in the Lease Details up to but excluding and including the day immediately preceding before the quarter day next thereafter then ensuing to be made paid on such Rent Commencement Date;the date hereof
4.2 by way of further rent (iipayable with effect from the date hereof) the relevant proportion Service Charge payable in accordance with the fourth schedule
4.3 by way of further or additional rent (payable with effect from the date hereof) ("the insurance rent") 15.75 per cent of the proper costs premium for insuring the Building together with all plant equipment and expenses incurred machinery therein against the risks referred to in clause 6.2 hereof such insurance rent to be paid on the next ensuing quarter day after the date of payment of the premium by the Landlord PROVIDED ALWAYS that the Tenant shall pay any increase in connection with its obligations under Schedule 5 such payment the premium for insuring the Building occasioned by or attributable to be made within fourteen days of demand, the first payment in respect use of the period commencing Premises by the Tenant or by the business carried on in the Premises by the Tenant and
4.4 by way of further rent (payable with effect from the date of this Lease hereof) all other sums whatsoever as may become payable by the Tenant to be made on the date Landlord under the provisions of this Lease; and
(iii) the service charge rent at the times set out in Schedule 7, the first payment in respect of the period commencing on the date of this Lease up to the quarter day next thereafter to be made on the date of this Lease.
Appears in 1 contract
Demise. In consideration of the rents reserved by this Lease and the covenants on the part of The Landlord DEMISES to the Tenant the Premises TOGETHER with (and so far as appropriate the Management Company grants and affirms) the rights specified in Part 1 of the 2nd Schedule but EXCEPTING AND RESERVING to the Landlord with full title guarantee demises unto the Tenant rights specified in Part 2 of the demised premises subject to all easements, liberties, privileges, quasi-easements, rights, benefits and advantages affecting them to hold 2nd Schedule TO HOLD the demised premises Premises unto the Tenant for the Term SUBJECT TO the matters contained or referred to in the documents specified in the Lease Details together with 5th Schedule insofar as such matters affect the easements and rights specified in Part 2 of Schedule 1 except and reserved Premises YIELDING AND PAYING to the Landlord and all persons authorised by the Landlord or otherwise entitled the easements and rights specified in Part 3 of Schedule 1 yielding and paying to the Landlord:Landlord:-
(ia) the principal yearly rent Rent, payable without any deduction by equal quarterly payments in advance on the usual quarter days in every year such payments to be made by telegraphic bank transfer (which obligation shallyear, where the Tenant has consistently failed to pay the said yearly rent on the due dates and proportionately for payment, include an obligation on the Tenant to make such payment by banker's order)any period of less than a year, the first such payment being a proportionate sum in respect of the period commencing on from and including the Rent Commencement Date specified in the Lease Details up to but excluding and including the day immediately preceding before the quarter day next thereafter to be made paid on such the Rent Commencement Date;, and
(iib) by way of further rent, the relevant proportion Insurance Rent payable within 7 days of written demand in accordance with clause 7.3
(c) by way of further rent, the proper costs and expenses incurred by Service Charge (the Landlord in connection with its obligations under Schedule 5 first such payment to be made within fourteen days of demand, a fair and reasonable estimate by the first payment in respect Surveyor of the period commencing on proportion due from and including the date of this Lease to be made on hereof or the date of this Lease; and
(iii) on which the service charge rent at the times set out in Schedule 7, the first payment in respect Tenant took possession of the period commencing on the date of this Lease up to Premises (whichever first occurred) until and including the quarter day next thereafter to be made on the date of this Lease.paid forthwith)
Appears in 1 contract
Samples: Lease (Saville Systems PLC)
Demise. In consideration of the rents reserved by this Lease Rent (and all variations thereof as hereinafter provided), and the covenants on the part of the Tenant and conditions hereinafter reserved and contained the Landlord with full title guarantee demises hereby DEMISES unto the Tenant ALL THAT the demised premises subject to all easements, liberties, privileges, quasi-easements, rights, benefits and advantages affecting them to hold Demised Premises TOGETHER WITH the demised premises unto the Tenant for the Term specified in the Lease Details together with the easements and rights specified in Part 2 I of the Second Schedule 1 except and reserved to the Landlord and all persons authorised by Management Company hereby confirms the Landlord or otherwise entitled the easements and rights specified in Part 3 I of the Second Schedule 1 yielding and paying to EXCEPTING AND RESERVING unto the Landlord:
(i) , the principal yearly rent Management Company as the case may be, the rights specified in Part II of the Second Schedule TO HOLD the same for the Term YIELDING AND PAYING during the Term the Rent as defined herein, payable quarterly in advance by equal quarterly payments in advance on the usual quarter days in every year such Instalment Days and all payments to be made (at the option of the Landlord, which said option may be exercised on any number of occasions) either by telegraphic bank standing order, direct debit, credit transfer or cheque without any deductions, set-off or counterclaim whatsoever, AND ALSO PAYING to the Landlord and/or the Management Company as the case may be;
4.1 a percentage or due proportion (equivalent to the ratio which obligation shallthe Gross Internal Floor Area of the Demised Premises bears to the aggregate of the Gross Internal Floor Areas of all of the Lettable Areas within the Block) of all sums which the Landlord shall from time to time pay for insuring the Block against the Insured Risks pursuant to Clause 6.2 (including the whole of the sums which the Landlord shall from time to time pay for insuring against three years loss of the Rent or such longer period as the Landlord may, where from time to time, reasonably deem to be necessary to insure against and the Tenant has consistently failed to pay the said yearly rent on the due dates for payment, include an obligation on the Tenant to make such payment by banker's orderService Charge), all such sums to be paid on demand the first payment in respect of the period commencing on the Rent Commencement Date specified in the Lease Details up to but excluding the day immediately preceding the quarter day next thereafter to be made on such Rent Commencement Date;
(ii) the relevant proportion of the proper costs and expenses incurred by the Landlord in connection with its obligations under Schedule 5 such payment to be made within fourteen days of demand, the first payment in respect of the period commencing on the date of this Lease to be made on the date execution hereof and to be such amount as has been advised to the Tenant prior to the delivery of this Lease; and;
4.2 the Service Charge to be paid in accordance with Parts II and IV (iiias the case may be) of the service charge rent Third Schedule quarterly in advance by equal payments on the Instalment Days by direct debit;
4.3 the Tenant’s Proportion of the Utilities Service Charge payable upon demand being made by the Landlord and in such manner as the Landlord shall direct;
4.4 any other sum recoverable by the Landlord as costs or expenses under this Lease, the same to be paid at the times set out and in Schedule 7, the first manner herein prescribed for the payment in respect of the period commencing on the date of this Lease up to the quarter day next thereafter same such sums to be made on the date of this Leaserecoverable by action or distress as rent in arrears.
Appears in 1 contract
Demise. In IN consideration of the rents hereby reserved by this Lease and of the covenants on the part of by the Tenant hereinafter contained the Landlord HEREBY DEMISES unto the Tenant with full title guarantee demises unto ALL THOSE the Tenant Demised Premises TOGETHER WITH the demised premises subject to all easements, liberties, privileges, quasi-easements, rights, rights and benefits and advantages affecting them to hold the demised premises unto the Tenant for the Term specified in the Lease Details together with the easements and rights specified in Part 2 I of Schedule 1 except 2 hereto BUT SUBJECT TO (and where appropriate with the benefit of) the exceptions reservations and other matters specified in Part II of Scheduled hereto which are hereby excepted out of this demise and reserved to unto the Landlord and all persons others authorised by the Landlord and the owners and occupiers of any adjoining or otherwise entitled neighbouring premises and/or to which the easements Demised Premises is or may be subject TO HOLD UNTO the Tenant for a term of years commencing from and rights specified including the date hereof and expiring on the 25th April 2009 YIELDING AND PAYING therefor yearly (and so in Part proportion for any part of a year) during the Term the rents as set forth in Schedule 3 hereto (exclusive of Schedule 1 yielding and paying any Value Added Tax (or similar tax whether in substitution for or in addition to the Landlord:
(iit) the principal yearly rent charged pursuant to Clause 5.8 hereof or otherwise) by equal quarterly payments in advance on the usual quarter days in every each year (namely on the 25th March 24th June 29th September and 25th December) without any deduction the first of such payments to be made on 22nd October 2000 for the period from 22nd October 2000 to 24th December 2000 AND ALSO YIELDING AND PAYING by telegraphic bank transfer way of additional rent from time to time such sum or sums as shall be equal to:
2.1 the amounts which the Landlord may expend in effecting or maintaining an insurance of the Demised Premises (which obligation shall, where including any increased premium payable by reason of any act or omission by the Tenant has consistently failed any sub-tenant or their respective servants agents licensees or invitees) in the full reinstatement value of the Demised Premises (together with professional fees demolition and site clearance costs) against the Insured Risks and in the event that such insurance is attributable to other premises in addition to the Demised Premises to pay such proportion of such sum or sums as are attributable to the said yearly rent on Demised Premises as shall be reasonably determined by the due dates for payment, include an obligation Landlord whose decision shall be binding on the Tenant to make such payment by banker's order), save in the first payment case of manifest error and
2.2 the amounts which the Landlord may expend in effecting or maintaining insurance against five years* loss of rent hereunder in respect of the period commencing on the Rent Commencement Date specified Demised Premises (including any likely increase in the Lease Details up rent following a review of rent in accordance with Schedule 3 hereto) such additional rent (pursuant to but excluding the day immediately preceding the quarter day next thereafter Clauses 2.1 and 2.2 hereof) to be made on such Rent Commencement Date;
(ii) the relevant proportion paid within fourteen days of the proper costs and expenses incurred demand therefor by the Landlord in connection with its obligations under Schedule 5 such and the first payment to be made within fourteen days of demand, the first payment in respect of for the period commencing on the date of this Lease to be made hereof apportioned on the date of this Lease; and
(iii) the service charge rent at the times set out in Schedule 7, the first payment in respect of the period commencing on the date of this Lease up to the quarter day next thereafter to be made on the date of this Lease.a daily basis
Appears in 1 contract
Samples: Lease Agreement (Digitas Inc)
Demise. In consideration of the rents hereinafter reserved by this Lease and of the covenants on the part of by the Tenant the Landlord HEREBY DEMISES to the Tenant with full title guarantee demises unto the Tenant Premises TOGETHER WITH (but to the demised premises subject to exclusion of all easements, liberties, privileges, quasi-easements, rights, benefits other liberties privileges rights easements or advantages whatsoever) the rights and advantages affecting them to hold the demised premises unto the Tenant for the Term specified easements set out in the Lease Details together with the easements and rights specified in Part 2 of Second Schedule 1 except and reserved hereto but EXCEPT AND RESERVING to the Landlord and all persons authorised by the Landlord or otherwise entitled the easements and rights specified in Part 3 of Schedule 1 yielding and paying to the Landlord:
(i) 's tenants and licensees and all other persons entitled thereto the principal rights and easements set out in the Third Schedule hereto for the Term YIELDING AND PAYING therefor FIRSTLY yearly rent and proportionately for any part of a year the Principal Rent and the Parking Spaces Rent payable by equal quarterly payments in advance on the usual quarter days in every each year such payments to be made by telegraphic bank transfer (which obligation shall, where the Tenant has consistently failed to pay the said yearly rent on the due dates for payment, include an obligation on the Tenant to make such payment by banker's order), without deduction the first payment in respect of or a proportionate part for the period commencing on the Rent Commencement Date specified in the Lease Details up to but excluding the day immediately preceding the quarter day next thereafter (calculated on an annual basic to be made on such the Rent Commencement Date;
Date SECONDLY with effect from the date hereof as additional yearly rent the Insurance Rent payable without deduction within 21 days of written demand THIRDLY with effect from the date hereof as additional yearly rent the Service Rent (iiincluding the Provisional Sum on account) payable in accordance with Clause 6 FOURTHLY as additional rent Interest payable on demand on any sum of whatsoever nature due from the relevant proportion of Tenant to the proper costs and expenses Landlord (whether as rent or otherwise) which shall not be received by the Landlord within 7 days after the sum is due properly incurred by the Landlord in connection with its obligations and following some default by the Tenant under Schedule 5 such payment this Lease and FIFTHLY as additional rent all value added tax for which the Landlord is or may become liable to account to HM Customs & Excise (or other relevant body to whom account has for the time being to be made within fourteen days of demand, the first payment in respect of the period commencing made) on the date supply by the Landlord to the Tenant under or in connection with the provisions of this Lease of the interest created by it and of any other supplies whether of goods or services such rent fifthly rent reserved to be made on due for payment contemporaneously with the date of this Lease; and
(iii) the service charge rent at the times set out in Schedule 7, the first payment in respect of the period commencing on the date of this Lease up other rents or sums to the quarter day next thereafter to be made on the date of this Lease.which it relates
Appears in 1 contract
Samples: Lease (Seec Inc)
Demise. In consideration The Landlord DEMISES to the Tenant (at the request of the rents reserved by this Lease Surety) ALL THOSE the Premises EXCEPTING AND RESERVING to the Landlord the rights and easements specified in the covenants on Second schedule TO HOLD the part of Premises to the Tenant from and including the Landlord with full title guarantee demises unto the Tenant the demised premises subject to all easements, liberties, privileges, quasi-easements, rights, benefits and advantages affecting them to hold the demised premises unto the Tenant Date of Commencement of Term for the Term specified SUBJECT to all rights easements privileges restrictions and stipulations of whatever nature affecting the Premises and FURTHER SUBJECT to the covenants and other matters referred to in the Lease Details together with the easements and rights specified in Part 2 of Schedule 1 except and reserved to the Landlord and all persons authorised by the Landlord or otherwise entitled the easements and rights specified in Part 3 of Schedule 1 yielding and paying to the LandlordFifth schedule YIELDING AND PAYING:
(i) 3.1 Yearly and proportionately for any fraction of a year
3.1.1 from and including the principal yearly rent Rent Commencement Date the Rent; and
3.1.2 from and including the Rent Review Date such other Rent as may become payable under the provisions of the Third Schedule in each case to be paid by equal quarterly payments in advance on the usual quarter Quarter days in every year the first such payments payment to be made by telegraphic bank transfer (which obligation shall, where the Tenant has consistently failed to pay the said yearly rent on the due dates for payment, include an obligation on the Tenant Rent Commencement Date and to make such payment by banker's order), the first payment be in respect of the period commencing on from and including the Rent Commencement Date specified in the Lease Details up to but excluding and including the day immediately preceding the next following quarter day next thereafter to be made on such day.
3.2 From and including the Ancillary Rent Commencement Date:
3.2.1 the Insurance Rent;
(ii) 3.2.2 all interest and VAT and other sums whatsoever as become payable by the relevant proportion Tenant to the Landlord under the provisions of the proper costs and expenses incurred this Lease. which are all reserved as rent.
3.3 If required by the Landlord the Tenant shall pay the rent reserved by clause 3.1 and any VAT on it by banker's standing order to a bank account in connection with its obligations under Schedule 5 such payment to be made within fourteen days of demand, the first payment United Kingdom which the Landlord has notified in respect of the period commencing on the date of this Lease to be made on the date of this Lease; and
(iii) the service charge rent at the times set out in Schedule 7, the first payment in respect of the period commencing on the date of this Lease up writing to the quarter day next thereafter to be made on the date of this LeaseTenant.
Appears in 1 contract
Samples: Lease (Corporate Property Associates 16 Global Inc)
Demise. In consideration of the rents reserved by this Lease Rents and the covenants on the part of the Tenant and conditions herein contained the Landlord with full title guarantee demises unto to the Tenant the demised premises subject Premises excepting and reserving to all easements, liberties, privileges, quasi-easements, rights, benefits the Landlord the rights specified in Schedule 2 but together with the rights granted and advantages affecting them the easements and other rights set out in Schedule 3 to hold the demised premises unto same to the Tenant for the Term specified in the Lease Details together with the easements and rights specified in Part 2 of Schedule 1 except and reserved subject to the Landlord and all persons authorised by the Landlord matters contained or otherwise entitled the easements and rights specified referred to in Part 3 of Schedule 1 6 yielding and paying to the Landlord:
: the Rent payable without any deduction (iunless specifically permitted by this Lease) from the principal yearly rent Rent Commencement Date by equal quarterly payments in advance on the usual quarter days in every year such payments to be made by telegraphic bank transfer (which obligation shall, where and proportionately for any period of less than a year the Tenant has consistently failed to pay the said yearly rent on the due dates for payment, include an obligation on the Tenant to make first such payment by banker's order), the first payment being a proportionate sum in respect of the period commencing from and including the Rent Commencement Date to and including the day before the quarter day next after the Rent Commencement Date to be paid on the Rent Commencement Date specified and the Service Charge at the time and as provided in the Lease Details up to but excluding the day immediately preceding the quarter day next thereafter Part I of Schedule 8 within fifteen (15) Working Days of written demand all other moneys due to be made on such Rent Commencement Date;
paid by the Tenant to the Landlord by virtue of this Lease within fifteen (ii15) the relevant proportion Working Days of the written demand all proper costs costs, charges and expenses incurred by which the Landlord may from time to time incur in connection with its obligations under Schedule 5 such payment to be made within fourteen days or procuring the remedying of demand, the first payment in respect any breach of any of the period commencing covenants on the date part of the Tenant contained in this Lease The Tenant covenants with the Landlord: To pay the Rents reserved pursuant to be made on the date of this Lease; and
(iii) the service charge rent Lease at the times and in the manner set out in Schedule 7, the first payment in respect of the period commencing on the date of this Lease up to the quarter day next thereafter to be made on the date of this Lease.(whether formally demanded or not) without deduction or set off (save as permitted by statute)
Appears in 1 contract
Samples: Lease Agreement
Demise. In consideration of the rents reserved by this Lease and the covenants on the part of The Landlord demises to the Tenant the Landlord Premises with full title guarantee demises unto TOGETHER WITH the Tenant rights specified in the demised premises subject Second Schedule but EXCEPTING AND RESERVING to all easements, liberties, privileges, quasi-easements, rights, benefits and advantages affecting them the Landlord the rights specified in the Third Schedule TO HOLD the Premises to hold the demised premises unto the Tenant for the Contractual Term specified SUBJECT to all rights easements privileges restrictions covenants and stipulations of whatever nature affecting the Premises (including not without limiting the generality of the foregoing the matters contained or referred to in title numbers XXX000000, LN207713 and NGL735647 and in the Lease Details together with the easements and rights specified in Part 2 of Schedule 1 except and reserved to the Landlord and all persons authorised by the Landlord or otherwise entitled the easements and rights specified in Part 3 of Schedule 1 yielding and paying Superior Lease) YIELDING AND PAVING to the Landlord:
(i) the principal yearly rent 4.1 The Rent payable without any deduction by equal quarterly payments in advance on the usual quarter days in every year such payments to be made by telegraphic bank transfer (which obligation shall, where and proportionately for any period of less than a year the Tenant has consistently failed to pay the said yearly rent on the due dates for payment, include an obligation on the Tenant to make first such payment by banker's order), the first payment being a proportionate sum in respect of the period commencing on from and including the Rent Commencement Date specified in the Lease Details up to but excluding and including the day immediately preceding before the quarter day next thereafter ensuing to be made on such Rent Commencement Date;
(ii) the relevant proportion of the proper costs and expenses incurred by the Landlord in connection with its obligations under Schedule 5 such payment to be made within fourteen days of demand, the first payment in respect of the period commencing on the date of this Lease to be made paid on the date of this Lease; and
(iii) 4.2 By way of further rent the service charge rent at Service Charge payable in accordance with the times set out in Fourth Schedule 7, PROVIDED ALWAYS that during the first payment in respect year of the period commencing on Term the date of Tenant shall not be liable to pay a Service Charge pursuant to this Lease up in excess of £23,220 per annum (“the Service Charge Cap”) AND PROVIDED FURTHER THAT during the remainder of the Term the Tenant shall not be liable to pay during any year of the quarter day next thereafter to be made on Term a Service Charge in excess of the date of this Lease.Service Charge Cap as increased in accordance with the following provisions:
Appears in 1 contract
Samples: Lease Agreement (RetailMeNot, Inc.)
Demise. In consideration of the rents reserved by this Lease Underlease, and the covenants on the part of the Tenant Tenant, the Landlord (at the request of the Surety) demises unto the Tenant with full title guarantee demises unto all those the Tenant the demised premises subject to all easements, liberties, privileges, quasi-easements, rights, benefits and advantages affecting them Demised Premises to hold the demised premises Demised Premises unto the Tenant for the Term specified in the Lease Details Underlease Details, together with the easements and rights specified in Part 2 of Schedule 1 1, except and reserved to the Landlord and all persons authorised by the Landlord or otherwise entitled the easements and rights specified in Part 3 of Schedule 1 yielding and paying to the Landlord:
(ia) the principal yearly rent Principal Yearly Rent by equal quarterly payments in advance on the usual quarter days 24th March, 25th June, 29th September and 25th December in every year such payments year, the first payment in the sum of £1 in respect of the period from the date hereof to the Rent Commencement Date specified in the Underlease Details, to be made by telegraphic bank transfer (which obligation shall, where the Tenant has consistently failed to pay the said yearly rent on the due dates for payment, include an obligation on date hereof and the Tenant to make such payment by banker's order), the first second payment in respect of the period commencing on the Rent Commencement Date specified in the Lease Underlease Details up to but excluding the day immediately preceding the quarter day next thereafter to be made on such Rent Commencement Date;
(iib) a fair and reasonable proportion of monies paid by the relevant Landlord pursuant to clause 2(B) of the Superior Lease or, if the Superior Lease has been determined, a fair and reasonable proportion of the proper costs and expenses properly incurred by the Landlord in connection with its obligations under Schedule 5 such payment to be made 4; and
(c) Service Charge Rent: by way of further rent within fourteen 21 days of demand, the first payment Service Charge payable at the times and in respect the manner set out in Part C of the period commencing on the date of this Lease to be made on the date of this Lease; andSchedule 8.
(iiid) the service charge Further Rent: by way of further rent all interest and other amounts payable under and at the times set out in Schedule 7, the first payment in respect of the period commencing on the date of this Lease up to the quarter day next thereafter to be made on the date of this Lease.Underlease; and
Appears in 1 contract
Demise. In consideration of the rents reserved by this Lease and the covenants on the part of the Tenant and the Surety the Landlord demises with full title guarantee demises (but excluding any covenant that the obligations contained in the Head Lease relating to the state and condition of the demised premises have been complied with) unto the Tenant all those the demised premises subject to all easements, liberties, privileges, quasi-easements, rights, benefits the matters contained or referred to in the deeds and advantages affecting them documents listed in Schedule 8 and to hold the demised premises unto the Tenant for the Term specified in the Lease Details together with the easements and rights specified in Part 2 of Schedule 1 except and reserved to the Landlord and all persons authorised by the Landlord or otherwise entitled the easements and rights specified in Part 3 of Schedule 1 yielding and paying to the Landlord:
(i) the principal yearly rent by equal quarterly payments in advance on the usual quarter days in every year such payments to be made by telegraphic bank transfer (which obligation shall, where the Tenant has consistently failed to pay the said yearly rent on the due dates for payment, include an obligation on the Tenant to make such payment by banker's order)order or otherwise as the Landlord may reasonably require, the first payment in respect of the period commencing on the Rent Commencement Date specified in the Lease Details up to but excluding the day immediately preceding upto the quarter day next thereafter to be made on such Rent Commencement Date;
(ii) the relevant proportion of the proper costs and expenses incurred by the Landlord in connection with its obligations under Schedule 5 such payment to be made within fourteen days of written demand, the first payment in respect of the period commencing on the date of this Lease to be made on the date of this Lease; and
(iii) the service charge rent at the times set out in Schedule 7, the first payment in respect of the period commencing on the date of this Lease up to upto the quarter day next thereafter to be made on the date of this Lease.
Appears in 1 contract
Demise. In consideration of the rents reserved by this Lease and the covenants on the part of the Tenant the Landlord with full title guarantee demises unto DEMISES the Demised Premises to the Tenant TOGETHER WITH the demised premises subject rights mentioned in Part II of the First Schedule SUBJECT TO all rights easements privileges restrictions covenants and stipulations of whatever nature affecting the Demised Premises but EXCEPTING AND RESERVING the rights mentioned in Part III of the First Schedule TO HOLD to all easements, liberties, privileges, quasi-easements, rights, benefits and advantages affecting them to hold the demised premises unto the Tenant for the Contractual Term specified in the Lease Details together with the easements and rights specified in Part 2 of Schedule 1 except and reserved YIELDING AND PAYING to the Landlord and all persons authorised by therefor the Landlord or otherwise entitled the easements and rights specified in Part 3 of Schedule 1 yielding and paying to the Landlord:following rents NAMELY:-
(i1) FIRSTLY from and including the principal yearly rent Rent Commencement Date the Basic Rent by equal quarterly payments instalments without any deduction or set off in advance on the usual quarter days in every year by Banker's Standing Order to such payments to be made by telegraphic bank transfer (which obligation shall, where Bank as the Tenant has consistently failed to pay the said yearly rent on the due dates for payment, include an obligation on the Tenant to make such payment by banker's order), Landlord shall determine the first payment being a duly apportioned part of it calculated from the Rent Commencement Date until the next quarter day thereafter to be paid on the Rent Commencement Date
(2) SECONDLY by way of further rent all interest and other amounts payable to the Landlord as referred to in clause 4(25) hereof
(3) THIRDLY any Value Added Tax which is or may be chargeable in respect of the period commencing on the Rent Commencement Date specified in the Lease Details up to but excluding the day immediately preceding the quarter day next thereafter to be made on such Rent Commencement Date;
(ii) the relevant proportion of the proper costs and expenses incurred rents reserved by this lease provided that the Landlord in connection with its obligations under Schedule 5 such payment to be made within fourteen days of demand, the first payment in respect of the period commencing on the date of this Lease to be made on the date of this Lease; and
(iii) the service charge rent at the times set out in Schedule 7, the first payment in respect of the period commencing on the date of this Lease up shall provide to the quarter day next thereafter to be made on the date of this Lease.Tenant a valid VAT invoice in relation thereto
Appears in 1 contract
Samples: Lease (Manhattan Associates Inc)
Demise. In consideration of the rents reserved by this Lease and the covenants on the part of the Tenant Lessee hereinafter reserved and contained the Landlord with full title guarantee demises Lessor at the request ofthe Guarantor (if any) HEREBY DEMISES unto the Tenant Lessee the demised premises subject to all easements, liberties, privileges, quasi-easements, rights, benefits Premises TOGETHER with the rights and advantages affecting them to hold easements set out in the demised premises Second Schedule hereto but EXCEPT AND RESERVING unto the Tenant Lessor the rights and easements set out in the Third Schedule hereto TO HOLD the same unto the Lessee for the Length of Term specified from and including the Term Commencement Date stated in the Lease Details together Particulars SUBJECT to and where relevant with the benefit of all rights easements privileges restrictions and rights specified stipulations of whatever nature or kind appertaining to or affecting the Premises including but not limited to any such matters set out or referred to in Part 2 the Lessor's title HW93948 or in the Eight Schedule hereto PAYING therefor yearly and proportionately for any part of Schedule 1 except a year FIRST from the Rent Commencement Date stated in the Particulars until the first Rent Review Date stated in the Particulars the Initial Rent stated in the Particulars and reserved to the Landlord and all persons authorised by the Landlord or otherwise entitled the easements and rights specified in Part 3 of Schedule 1 yielding and paying to the Landlord:
(i) the principal thereafter such yearly rent as shall become payable under and in accordance with the provisions set out in the Fourth Schedule hereto to be paid by equal quarterly payments in advance on the usual quarter days Quarter Days in every each year clear of all deductions and without any set-off whatsoever the first of such payments to be made by telegraphic bank transfer (which obligation shall, where the Tenant has consistently failed to pay the said yearly rent on the due dates Rent Commencement Date and to be for payment, include an obligation on the Tenant period from the Rent Commencement Date to make the Quarter day next following the date thereof AND SECONDLY by way of further rent a yearly sum equal to a fair and proper proportion (to be conclusively decided by the Lessor) of the premium or premiums paid by the Lessor for insuring and keeping insured the Building against (i) loss or damage by the Insured Risks in such payment by banker's order), sum (including Architects Surveyors and other professional fees and incidental expenses) as shall in the reasonable opinion of the Lessor represent the reinstatement value thereof at the commencement of each annual period of insurance (ii) public liability of the Lessor arising out of or in connection with any accident explosion collapse or breakdown involving or relating to the Building or any part thereof and (iii) the loss of rent of the Premises for three years (such rent taking into account actual or potential increases in accordance with the rent review provisions herein contained) such further rent to be payable within 7 days of receipt of a written demand and the first payment to be in respect of the period commencing on the Insurance Rent Commencement Date specified stated in the Lease Details up Particulars AND THIRDLY by way of further rent such sum as is SS/C6781/5865(b)/31.3.14 - 13 - from time to but excluding time payable by the day immediately preceding Lessee under the quarter day next thereafter Covenant on the Lessee's part hereinafter contained in Clause 3(7) hereof such further rent to be made on such Rent Commencement Date;
(ii) the relevant proportion of the proper costs and expenses incurred by the Landlord in connection with its obligations under Schedule 5 such payment to be made payable within fourteen 7 days of demand, the first payment a written demand AND FOURTHLY by way of further rent any Value Added Tax or sums in respect of thereof payable under the period commencing on the date provisions of this Lease payable at the same time as the principal sum upon which it is chargeable is payable AND FIFTHL Y by way of further rent but without prejudice to any other right remedy or power herein contained or otherwise available to the Lessor Interest upon rents which shall have become due but remain unpaid such sum or sums to be made payable on the date of this Lease; and
(iii) the service charge rent at the times set out in Schedule 7, the first payment in respect of the period commencing on the date of this Lease up to the quarter day next thereafter to be made on the date of this Lease.demand
Appears in 1 contract
Samples: Lease Agreement