Common use of THE DEMISE Clause in Contracts

THE DEMISE. In consideration of the rents reserved by this Underlease and the covenants on the part of the Tenant the Landlord demises unto the Tenant all those the demised premises together with the easements and rights for the Tenant (in common with the Landlord and all other persons similarly entitled and so far as necessary for the enjoyment of the demised premises) (a) specified in the Third Schedule to the Lease and (b) set out in Part II of the First Schedule hereto except and reserved to the Landlord and all persons authorised by the Landlord or otherwise entitled the easements and rights specified in the Fourth Schedule to the Lease and subject to the covenants and other matters set out in the Eighth Schedule Back to Contents to the Lease and subject to and with the benefit of the Licences for Alterations details of which appear in the Fifth Schedule hereto to the extent that they affect the demised premises to hold the demised premises unto the Tenant for the term of ten years commencing on and including the Term Start Date and ending on the 21st day of November Two thousand and six yielding and paying during the term first from the date hereof until the Rent Commencement Date the rent of a peppercorn (if demanded) and thereafter the principal yearly rent by equal quarterly payments in advance on the usual quarter days in every year such payments to be made by banker’s order or credit transfer to such account as the Landlord may reasonably require subject to review in accordance with the provisions of the Fourth Schedule and secondly by way of additional rent 82.71% of the sums referred to as Service Charge in the Lease and thirdly as additional rent 82.71 % of the sums referred to in the Lease as the Insurance Charge

THE DEMISE. In consideration of the rents reserved by this Underlease and the covenants on the part of The Landlord HEREBY DEMISES unto the Tenant the Landlord demises unto the Tenant all those the demised premises together Demised Premises TOGETHER with the easements and particular rights for the Tenant (in common with the Landlord and all other persons similarly entitled and so far as necessary for the enjoyment of the demised premises) (a) specified in the Third Schedule to the Lease and (b) set out in Part II of the First Schedule hereto except and reserved so far as the Landlord has power to grant the same BUT EXCEPT AND RESERVING AND SUBJECT to the Landlord particular rights and all persons authorised by the Landlord or otherwise entitled the easements and rights specified matters in the Fourth Second Schedule to the Lease and subject to the covenants and other matters set out in the Eighth Schedule Back to Contents to the Lease and subject hereto AND SUBJECT ALSO to and with the benefit of the Licences for Alterations details of which appear matters referred to in the Fifth Third Schedule hereto and to such other rights easements quasi-easements and privileges as are enjoyed by any adjoining or neighboring land or premises in any manner affecting the extent that they affect Demised Premises TO HOLD the demised premises to hold the demised premises Demised Premises unto the Tenant (together with but except and reserved and subject as aforesaid) for the term of ten years commencing on and including Term YIELDING AND PAYING therefor unto the Landlord during the Term Start Date and ending on so in proportion for any less time than a year without any deductions therefrom whatsoever the 21st day of November Two thousand and six yielding and paying during the term first following rents namely:- (a) First from the date hereof until the Rent Commencement Date and during the rent remainder of a peppercorn (if demanded) and thereafter the principal Term the Initial Rent or such higher yearly rent as may become payable pursuant to review under Clause 6 hereof such yearly rent to be payable by equal quarterly payments in advance on the usual quarter days in every each year such payments of which the first payment (being the due proportion for the period commencing on the Rent Commencement Date and ending on the day preceding the usual quarter day thereafter) to be made paid on or before the Rent Commencement Date (b) Secondly throughout the Term by banker’s order way of additional rent all sums (including the whole of any increase in any premium from time to time as a result of or credit transfer to such account as arising out of the manner or the purposes in or for which the Demised Premises are kept used and occupied and the cost of periodically revaluing but not more than once in any Year the Demised Premises for insurance purposes) incurred by the Landlord may in respect of the several insurances referred to in Clause 4(1) hereof each such sum to be paid by the Tenant forthwith on demand therefor (but not earlier than one month before the next renewal date) the first such payment in respect of the amounts already so expended by the Landlord (being the due proportion thereof for the period from the Possession Date to the next renewal date or dates for such insurances) to be paid on or before the date hereof and in the event of any dispute as to any such sum the same shall be reasonably require subject determined by the Landlord's surveyor (acting as an independent expert and not as an arbitrator) whose determination shall in the absence of manifest error be final and binding on the parties save as to review questions of law and (c) Thirdly with effect from the Possession Date as additional yearly rent the Service Rent (including the Provisional Sum on account) payable in accordance with the provisions of the Fourth Schedule and secondly clause 9 hereof (d) Fourthly by way of additional rent 82.71% all other sums payable by the Tenant hereunder including (without prejudice to the generality of the foregoing) interest collection charges costs and Value Added Tax on the rents hereinbefore made payable such sums referred to as Service Charge in the Lease and thirdly as additional rent 82.71 % of the sums referred to in the Lease as the Insurance Chargebe paid upon demand

THE DEMISE. In consideration of the yearly rents hereby reserved by this Underlease and of the covenants on the part of the Tenant hereinafter contained the Landlord demises HEREBY DEMISES unto the Tenant all those ALL THOSE the demised premises together Demised Premises TOGETHER with the easements and rights for specified in Part Two of the Tenant (in common with Schedule 1 EXCEPT AND RESERVING unto the Landlord and all other persons similarly entitled and so far as necessary for thereto the enjoyment of the demised premises) (a) specified in the Third Schedule to the Lease and (b) set out in Part II of the First Schedule hereto except and reserved to the Landlord and all persons authorised by the Landlord or otherwise entitled the easements and rights specified in Part Three of the Fourth Schedule to 1 TO HOLD the Lease and subject to the same SUBJECT TO all easements rights quasi-easements privileges covenants and other matters set out in restrictions to which the Eighth Schedule Back to Contents to the Lease and Demised Premises are or may be subject to and with the benefit of the Licences for Alterations details of which appear in the Fifth Schedule hereto to the extent that they affect the demised premises to hold the demised premises as aforesaid unto the Tenant for the term of ten years commencing on and including Term subject to determination as hereinafter provided YIELDING AND PAYING therefor unto the Landlord yearly during the Term Start Date and ending on so in proportion for any less period than a year the 21st day of November Two thousand and six yielding and paying during the term first from the date hereof until the Basic Rent Commencement Date the rent of a peppercorn (if demanded) and thereafter the principal yearly rent which shall be paid by equal quarterly payments in advance on the usual quarter days Twenty fifth day of March, the Twenty fourth day of June, the Twenty ninth day of September and the Twenty fifth day of December in every year by direct debit or such payments other method as the Landlord shall require the first payment of such rent or a proportionate part thereof as the case may be in respect of the period from and including the Rent Commencement Date and ending on and including the day before the quarter day following the Rent Commencement Date to be made by banker’s order on or credit transfer to such account before the Rent Commencement Date and Commencing as the Landlord may reasonably require subject to review in accordance with the provisions of the Fourth Schedule Term Commencement Date as and secondly by way of further and additional rent 82.71% the Service Charge payable by the Landlord to the Superior Landlord in respect of the sums referred to as Service Charge in the Lease and thirdly as additional rent 82.71 % of the sums referred to in the Lease as the Insurance Charge.

THE DEMISE. In consideration of the rents reserved by this Underlease and the covenants on the part of The Landlord HEREBY DEMISES unto the Tenant the Landlord demises unto the Tenant all those the demised premises together Demised Premises TOGETHER with the easements and particular rights for in the Tenant (in common with the Landlord and all other persons similarly entitled and First schedule hereto so far as necessary for the enjoyment of Landlord has power to grant the demised premises) (a) specified same BUT EXCEPT AND RESERVING AND SUBJECT to the particular rights and matters in the Third Schedule to the Lease and (b) set out in Part II of the First Second Schedule hereto except and reserved to the Landlord and all persons authorised by the Landlord or otherwise entitled the easements and rights specified in the Fourth Schedule to the Lease and subject to the covenants and other matters set out in the Eighth Schedule Back to Contents to the Lease and subject AND SUBJECT ALSO to and with the benefit of the Licences for Alterations details of which appear matters referred to in the Fifth Third Schedule hereto and to such other rights easements quasi-easements and privileges as are enjoyed by any adjoining or neighbouring land or premises in any manner affecting the extent that they affect Demised Premises TO HOLD the demised premises to hold the demised premises Demised Premises unto the Tenant (together with but except and reserved and subject as aforesaid) for the term of ten years commencing on and including Term YIELDING AND PAYING therefor unto the Landlord during the Term Start Date and ending on so in proportion for any less time than a year without any deductions therefrom whatsoever the 21st day of November Two thousand and six yielding and paying during the term first following rents namely:- (a) First from the date hereof until the Rent Commencement Date and during the rent remainder of a peppercorn (if demanded) and thereafter the principal Term the Initial Rent or such higher yearly rent as may become payable pursuant to review under Clause 6 hereof such yearly rent to be payable by equal quarterly payments in advance on the usual quarter days in every each year such payments of which the first payment (being the due proportion for the period commencing on the Rent Commencement Date and ending on the day preceding the usual quarter day thereafter) to be made paid on or before the Rent Commencement Date (b) Secondly throughout the Term by banker’s order way of additional rent all sums (including the whole of any increase in any premium from time to time as a result of or credit transfer to such account as arising out of the manner or the purposes in or for which the Demised Premises are kept used and occupied and the cost of periodically revaluing but not more than once in any year the Demised Premises for insurance purposes) incurred by the Landlord may in respect of the several insurances referred to in Clause 4(1) hereof each such sum to be paid by the Tenant forthwith on demand therefor (but not earlier than one month before the next renewal date) the first such payment in respect of the amounts already so expended by the Landlord (being the due proportion thereof for the period from the Possession Date to the next renewal date or dates for such insurances) to be paid on or before the date hereof and in the event of any dispute as to any such sum the same shall be reasonably require subject determined by the Landlord's surveyor (acting as an independent expert and not as an arbitrator) whose determination shall in the absence of manifest error be final and binding on the parties save as to review questions of law and (c) Thirdly with effect from the Possession Date as additional yearly rent the Service Rent (including the Provisional Sum on account) payable in accordance with the provisions of the Fourth Schedule and secondly clause 9 hereof (d) Fourthly by way of additional rent 82.71% all other sums payable by the Tenant hereunder including (without prejudice to the generality of the foregoing) interest collection charges costs and Value Added Tax on the rents hereinbefore made payable such sums referred to as Service Charge in the Lease and thirdly as additional rent 82.71 % of the sums referred to in the Lease as the Insurance Chargebe paid upon demand