Common use of Pre-Payment of Rent Clause in Contracts

Pre-Payment of Rent. 2.2.1 We will offset the Pre-Payment of Rent against the Licence Fee that is payable as follows:- (a) if you pay the Licence Fee in full in accordance with paragraph 10.1.1 of Schedule 1 of these Ts & Cs, the Pre-Payment of Rent will be offset against the single instalment that is payable; and (b) if you pay the Licence Fee in instalments in accordance with paragraphs 10.1.2 to 10.1.3 (inclusive) of Schedule 1 of these Ts & Cs, the Pre-Payment of Rent will be offset in full against the Licence Fee on the date that this Agreement is formed and each instalment of the Licence Fee that is payable will be reduced proportionately by an equal amount.

Pre-Payment of Rent. 2.2.1 2.1 We will offset the Pre-Payment of Rent against the Licence Fee that is payable as follows:- (a) follows: if you pay the Licence Fee in full in accordance with paragraph 10.1.1 of Schedule 1 of these Ts & Cs, the Pre-Pre- Payment of Rent will be offset against the single instalment that is payable; and (ba) if If you pay the Licence Fee in instalments in accordance with paragraphs 10.1.2 to 10.1.3 (inclusive) of Schedule 1 of these Ts & Cs, the Pre-Payment of Rent will be offset in full against the Licence Fee on the date that this Agreement is formed and each instalment of the Licence Fee that is payable will be reduced proportionately by an equal amount.

Pre-Payment of Rent. 2.2.1 We will offset the Pre-Payment of Rent against the Licence Fee that is payable as follows:- (a) if you pay the Licence Fee in full in accordance with paragraph 10.1.1 of Schedule 1 of these Ts & Cs, the Pre-Pre- Payment of Rent will be offset against the single instalment that is payable; and (b) if you pay the Licence Fee in instalments in accordance with paragraphs 10.1.2 to 10.1.3 (inclusive) of Schedule 1 of these Ts & Cs, the Pre-Payment of Rent will be offset in full against the Licence Fee on the date that this Agreement is formed and each instalment of the Licence Fee that is payable will be reduced proportionately by an equal amount.

Pre-Payment of Rent. 2.2.1 We will offset the Pre-Payment of Rent against the Licence Fee that is payable as follows:- (a) if you pay the Licence Fee in full in accordance with paragraph 10.1.1 of Schedule 1 of these Ts & Cs, the Pre-Payment of Rent will be offset against the single instalment that is payable; and (b) if you pay the Licence Fee in instalments in accordance with paragraphs 10.1.2 to 10.1.3 10.1.4 (inclusive) of Schedule 1 of these Ts & Cs, the Pre-Payment of Rent will be offset in full against the Licence Fee on the date that this Agreement is formed and each instalment of the Licence Fee that is payable will be reduced proportionately by an equal amount.