Common use of Reduction of Rent Clause in Contracts

Reduction of Rent. If clause 23.2 applies, a fair proportion of the Annual Rent and Outgoings will cease to be payable with effect from the date of the damage until the completion of the reinstatement. In calculating the amount of the rent reduction, the parties will take into account:

Appears in 8 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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