Memorandum of Review Sample Clauses
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Memorandum of Review. On each occasion that the Open Market Rent is ascertained pursuant to the provisions of this Schedule the Landlord and the Tenant shall cause a memorandum of the yearly amount of the Basic Rent payable under this Lease for the Relevant Review Period to be endorsed on this Lease and the Counterpart thereof and such memorandum shall be signed by or on behalf of the Landlord and Tenant respectively
Memorandum of Review a. Within 20 working days after the Annual Rent is notified by the Landlord or determined by the Accountant (as applicable) a memorandum recording the increased Annual Rent will be executed by the parties at their own cost and attached to this Lease and to the Counterpart (but that memorandum will be regarded as evidential only and its absence will not affect the liability of the Tenant to pay any increased Annual Rent).