Common use of TERMS AND CONDITIONS OF THIS OFFER Clause in Contracts

TERMS AND CONDITIONS OF THIS OFFER. 1. THE PREMISES The Premises are let as they stand, are hired “voetstoots” to the Tenant and in the condition in which they shall be as at the Commencement Date. The Tenant shall give the Landlord written notice within 7 (seven) days of the Commencement Date of this lease of any defects to the premises and/or the furniture and fittings, failing which the premises and the furniture and fittings shall be deemed to have been received by the Tenant in a good state of repair. The Landlord shall at its own cost remedy reasonable defects notified to it as aforesaid as soon as is reasonably possible. The Tenant is responsible upon termination of this lease to restore, repair or re-instate the premises and furniture and fittings to the condition in which they were as at the commencement date of this Offer, fair wear and tear excepted. Should the Tenant fail to do so then the Landlord may deduct the costs of any repair from the deposit.