Memorandum of rent review Sample Clauses

Memorandum of rent review. The parties shall cause a memorandum of the Reviewed Rent duly signed by the Landlord and the Tenant to be endorsed on or securely annexed to this Lease and the counterpart of this Lease.
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Memorandum of rent review. The parties shall cause a memorandum of the reviewed rent duly signed by the Landlord and the Tenant to be endorsed on or securely annexed to this Lease and the counterpart of this Lease Insurance provisions 1 Insured Risks
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Memorandum of rent review. The Landlord and the Tenant shall cause: 9.1 in the case of agreement of the reviewed rent a memorandum of the reviewed rent duly signed by each of them; 9.2 in the case of an award or determination of the reviewed rent a copy of the award or determination; without delay to be securely annexed to this Lease and the counterpart of this Lease and each shall bear its own costs of doing so. SCHEDULE 7 1. Tenant’s covenants Insurance rent 1.1 To pay a sum equal to: (a) such fair and reasonable proportion as the Landlord may from time to time reasonably deem appropriate having regard (inter alia) to: (i) any alterations or additions to the Building or any change of use of any part of it; or (ii) information supplied to it by the Tenant pursuant to Schedule 3 paragraph 17 of such sums as the Landlord may from time to time expend in insuring the Building and all additions to the Building against the Insured Risks (including: (iii) the preparation and settlement of any insurance claim; (iv) the cost of complying with any requirements from time to time of the insurer); (v) valuation of the whole or any part of the Building; (vi) insurance of the Landlord against employers’ liability and public liability risks in respect of the Building; (b) the whole of such sums as the Landlord may from time to time properly expend in insuring against three years’ loss of the rent first reserved by this Lease and the Service Charge arising from damage to the Building or any part of it by any of the Insured Risks. The insurance cover may include VAT and take due account of the effects of inflation and escalation of costs and the Landlord’s estimate of the market rent in the context of ensuing rent reviews and/or the end of the Term and the Landlord (here meaning The Prudential Assurance Company Limited only) or a Group Company of the Landlord shall be entitled to retain any commissions paid to it. 1.2 Not knowingly to do or omit in or upon the Premises anything whatsoever which may: (a) render the Landlord liable to pay in respect of the Premises and/or the Building or any part of them more than the rate of premium which the Landlord might expect to pay in the open market to insure premises of a similar nature let on a similar basis against the Insured Risks; or (b) restrict or make void or voidable any policy for such insurance. 1.3 To repay to the Landlord any increase in the rate of premium and all expenses incurred by it in or about any renewal of such policy rendered necessary ...
Sample 1
Memorandum of rent review. The Landlord and the Tenant shall cause: 9.1 in the case of agreement of the reviewed rent a memorandum of the reviewed rent duly signed by each of them; 9.2 in the case of an award or determination of the reviewed rent a copy of the award or determination without delay to be securely annexed to this Lease and the counterpart of this Lease and each shall bear its own costs of doing so.
Sample 1
Memorandum of rent review. The Landlord and Tenant shall sign and exchange memoranda, in such form as the Landlord shall reasonably require, recording the Annual Rent for the Premises with effect from the Review Date, but the Landlord shall not be prevented from recovering any increase in the Annual Rent if the Tenant should fail to do so.
Sample 1
Memorandum of rent review. The Landlord and the Tenant will cause: 8.1 in the case of agreement of the reviewed rent a memorandum of the reviewed rent duly signed by each of them; and 8.2 in the case of an award or determination of the reviewed rent a copy of the award or determination, without delay to be securely attached to this lease and the counterpart and each will bear its own costs of doing so. SCHEDULE 7 INSURANCE PROVISIONS
Sample 1

Related to Memorandum of rent review

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  • Memorandum of Lease Lessor and Lessee shall promptly upon the request of either enter into a short form memorandum of this Lease, in form suitable for recording under the laws of the State in which reference to this Lease, and all options contained herein, shall be made. Lessee shall pay all costs and expenses of recording such memorandum of this Lease.

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  • Item Agreement As negotiated items are agreed upon, they shall be reduced to writing and initialed by the chief negotiator of each party. Such initialing shall be construed as tentative agreement by both parties on that item or issue, subject to finalization by ratification by the membership of the Association and adoption by the Board.

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