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Common use of Overage Clause in Contracts

Overage. In the event that the Further Planning Permission consents a different Net Internal Area (whether greater or lower) to that authorised by the Initial Planning Permission the Overage Calculation Sum shall be calculated in accordance with the provisions of paragraph 2.2:

Appears in 4 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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Overage. 2.1 In the event that the Further Planning Permission consents a different Net Internal Area (whether greater or lower) to that authorised by the Initial Planning Permission the Overage Calculation Sum shall be calculated in accordance with the provisions of paragraph 2.2: 2.2 The Overage Calculation Sum shall be the product of the following formula A = B x Adjustment Sum Where:

Appears in 3 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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