Common use of LEASE RENEWALS Clause in Contracts

LEASE RENEWALS. On receipt of an Order, the Supplier will provide an initial report covering all significant facts, setting out actions, negotiating strategies and anticipated outcomes. Following agreement with the Customer, the Supplier will undertake and manage negotiations through to a satisfactory conclusion for the Customer and will provide a comprehensive final report to support a recommendation for agreement. Advice, including support preparing Lease Exemption Request business cases to GPU, will take full account of the Customer’s best interest, subject to any overriding Exchequer interest, the statutory position, the Customer’s estate strategy, business needs, the condition of the building and the state of the market.