Common use of Remedying Breach Clause in Contracts

Remedying Breach. 30.1 If You breach Your repairing or decoration obligations (including those contained in Schedule 2) (Additional Repairs) then: (a) in addition to any other rights We may have, We may serve a notice on You specifying the breach and You must as soon as practicable after receipt of that notice, and in any case within 2 months (or sooner in emergency), carry out all necessary works to remedy the breach. If You fail to do so, We may enter the Property to carry out the required works and You must reimburse to Us as soon as We ask any costs and expenses that We have incurred plus Interest; and (b) We may withdraw those costs (or a proportion of them) from the Decoration Fund, in which case You must, when We ask, pay Us the balance with Interest and You must replenish the Decoration Fund with an amount equal to the amount that We have withdrawn. This right will not prevent Us taking action against You for breach of Your obligations or in relation to any unrecovered costs.

Appears in 3 contracts

Samples: Tenancy Agreement, Retail Partnership Tenancy, Tenancy Agreement

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Remedying Breach. 30.1 33.1 If You breach Your statutory repairing or decoration obligations (including those contained in Schedule 2) 3 (Additional Repairs) then: (a) in addition to any other rights We may have, We may serve a notice on You specifying the breach and You must as soon as practicable after receipt of that notice, and in any case within 2 months (or sooner in emergency), carry out all necessary works to remedy the breach. If You fail to do so, We may enter the Property to carry out the required works and You must reimburse to Us as soon as We ask any costs and expenses that We have incurred plus Interest; and (b) We may withdraw those costs (or a proportion of them) from the Decoration Repairs and Maintenance Fund, in which case You must, when We ask, pay Us the balance with Interest and You must replenish the Decoration Repairs and Maintenance Fund with an amount equal to the amount that We have withdrawn. This right will not prevent Us taking action against You for breach of Your obligations or in relation to any unrecovered costs.

Appears in 2 contracts

Samples: Publican Partnership Incentive Lease, Publican Partnership Investment Lease

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Remedying Breach. 30.1 If You breach Your repairing or decoration obligations [(including those contained in Schedule 2) (Additional Repairs) )] then: (a) in addition to any other rights We may have, We may serve a notice on You specifying the breach and You must as soon as practicable after receipt of that notice, and in any case within 2 months (or sooner in emergency), carry out all necessary works to remedy the breach. If You fail to do so, We may enter the Property to carry out the required works and You must reimburse to Us as soon as We ask any costs and expenses that We have incurred plus Interest; and (b) We may withdraw those costs (or a proportion of them) from the Decoration Fund, in which case You must, when We ask, pay Us the balance with Interest and You must replenish the Decoration Fund with an amount equal to the amount that We have withdrawn. This right will not prevent Us taking action against You for breach of Your obligations or in relation to any unrecovered costs.

Appears in 1 contract

Samples: Retail Partnership Tenancy

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