THE LETTING TERMS Sample Clauses

THE LETTING TERMS. 2.1 In consideration of the Premium referred to in clause LR7 paid by the Leaseholder to the Landlord (the receipt whereof is hereby acknowledged) and of the rent covenants and conditions hereinafter reserved and contained and on the part of the Leaseholder to be observed and performed the Landlord hereby demises unto the Leaseholder ALL THAT the Property more particularly described in Schedule 1 hereto TOGETHER WITH the easements rights and privileges set out in Schedule 2 hereto EXCEPT AND RESERVING unto the Landlord the easements rights and privileges set out in Schedule 3 hereto TO HOLD the same (subject to the stipulations conditions and all other rights easements liberties and privileges to which the Property or the Building or any part thereof are now or may at any time during the continuance of the term be subject) unto the Leaseholder for the term referred to in clause LR6 (determinable nevertheless as hereinbefore provided) paying therefore during the Term hereby granted the yearly rent of £10.00 and Service Charge to be paid annually on the 1st of April and the further and additional rent hereafter mentioned to be paid by equal monthly payments in advance on the First day of each month the first payment to be made on the execution hereof and to be for the period from the date hereof to the day of next 2.2 The parties agree that that the provisions of sections 18 to 30B of the Landlord and Xxxxxx Xxx 0000 and of Part V of the Landlord and Xxxxxx Xxx 0000 all of which regulate service charges shall apply to the provisions of this Lease.
Sample 1Sample 2See All (6)
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THE LETTING TERMS. The Landlord in consideration of the rent reserved by, and the covenants in, this Lease at the request of the Guarantor lets to the Tenant all the Premises together with the rights set out in Schedule 1, Part 2 (Rights enjoyed with demise) and except and reserved to the Landlord the rights set out in Schedule 1, Part 3 (Exceptions and reservations) for the term of 10 (ten) years commencing on 14 November 2012 and expiring on 13 November 2022 subject to and with the benefit of the Encumbrances the Tenant paying during the Term: (a) the yearly rent of £365,560 (subject to revision under Schedule 2 (Rent reviews)) by equal quarterly payments in advance on the usual quarter days in every year, the first (or a proportionate part) of such payments in respect of the period commencing on the date of this Lease and ending on the following quarter day to be made on the grant of this Lease; and (b) as additional rent: (i) the monies payable by the Tenant under Schedule 3 (Insurance provisions) and Schedule 4 (Service charge provisions) commencing on the grant of this Lease; (ii) Interest payable by the Tenant under the terms of this Lease; and (iii) such value added tax as may be chargeable on the rent and the other additional rents reserved by this Lease.
Sample 1See All (4)
THE LETTING TERMS. In consideration of the Premium (receipt of which the Landlord acknowledges), the Specified Rent and the Leaseholder’s covenants in this Lease the Landlord lets the Premises to the Leaseholder: (a) together with the rights set out in Schedule 2 (Easements, Rights and PrivilegesEasements, Rights and Privileges ) and together with the rights; but (b) subject to the provisions set out in Schedule 5 (StaircasingStaircasing ); and (c) except and reserved to the Landlord the rights set out in Schedule 3 (Exceptions and ReservationsExceptions and Reservations ); (d) for the Term, the Leaseholder paying during the Term the Specified Rent and Service Charge (subject to revision under Schedule 4 (Rent ReviewRent Review)) by equal monthly payments in advance on the first day of each month, the first payment to be made on the date of this Lease.
Sample 1
THE LETTING TERMS. ‌ In consideration of the Premium (receipt of which the Landlord acknowledges), the Specified Rent and the Leaseholder’s covenants in this Lease the Landlord lets the Premises to the Leaseholder: (a) together with the rights set out in Schedule 2 (Easements, Rights and Privileges ) and together with the rights; but (b) subject to the provisions set out in Schedule 5 (Staircasing ); and‌ (c) except and reserved to the Landlord the rights set out in Schedule 3 (Exceptions and Reservations ); (d) for the Term, the Leaseholder paying during the Term the Specified Rent (subject to revision under Schedule 4 (Rent Review)) by equal monthly payments in advance on the first day of each month, the first payment to be made on the date of this Lease.‌
Sample 1
THE LETTING TERMS. In consideration of the rent reserved by and the covenants in this Lease:-
Sample 1

Related to THE LETTING TERMS

  • Remaining Terms Except as stated herein, all other terms and conditions of the Agreement remain in full force and effect.

  • Accounting Terms All accounting terms not specifically defined herein shall be construed in accordance with generally accepted accounting principles consistent with those applied in the preparation of the financial statements referred to in Section 4.01(e) ("GAAP").

  • Shipping Terms All deliveries will be F.O.B. destination, freight pre-paid, with all transportation and handling charges paid by the Contractor. 8.1.1 Notwithstanding the above, responsibility and liability for loss or damage will remain the Contractor’s until final inspection and acceptance when responsibility will pass to the Purchasing Entity except as to latent defects, fraud, and Contractor’s warranty obligations.

  • Controlling Terms In the event of any conflict or inconsistency between the terms of this Section 5 and the terms of the Escrow Agreement, the terms of the Escrow Agreement shall govern.

  • Governing Terms Section 2.2 is amended by deleting the last sentence of the section and replacing it with the following: “Any inconsistency between any terms of this Master Agreement and any terms of the Confirmation Agreement or terms of the Collateral Annex, as may be modified in this Confirmation Agreement, shall be resolved in favor of the terms of this Confirmation Agreement or such Collateral Annex.”.

  • CONFLICTING TERMS In the event of a conflict between the terms of the contract (including any and all attachments thereto and amendments thereof) and the terms of this Appendix A, the terms of this Appendix A shall control.

  • Surviving Terms The provisions set forth in the following sections, and any other rights or obligations of the parties in this Agreement that, by their nature, should survive termination or expiration of this Agreement, will survive any expiration or termination of this Agreement (including, without limitation, Section 9 (Confidentiality), Section 8 (Fees; Payment Terms), Section 10 (Term and Termination), Section 12 (Indemnification), Section 13 (Limitations of Liability) and Section 15 (Miscellaneous)).

  • Definitions and Accounting Terms Section 1.01.

  • Accounting Terms and Principles (a) Except as set forth below, all accounting terms not specifically defined herein shall be construed in conformity with GAAP and all accounting determinations required to be made pursuant hereto (including for purpose of measuring compliance with Article V (Financial Covenant)) shall, unless expressly otherwise provided herein, be made in conformity with GAAP. (b) If at any time any change in GAAP would affect the computation of any financial ratio or requirement, and either the Borrower or the Administrative Agent shall so request, the Administrative Agent and the Borrower shall negotiate in good faith to amend such ratio or requirement so as to equitably reflect such change in GAAP with the desired result that the criteria for evaluating the Borrower’s financial condition shall be the same after such change in GAAP as if such change in GAAP had not been made (subject to the approval of the Requisite Lenders); provided, however, that, (i) until so amended, (A) such ratio or requirement shall continue to be computed in accordance with GAAP, as applicable, prior to such change therein and (B) the Borrower shall provide to the Administrative Agent and the Lenders a written reconciliation, in form and substance reasonably satisfactory to the Administrative Agent, between calculations of such ratio or requirement made before and after giving effect to such change in GAAP and (ii) for the avoidance of doubt, (A) the amount of any Capital Lease Obligation shall at all times be calculated in accordance with the definition of that term, and (B) notwithstanding any changes in GAAP after the Closing Date, any lease of the Borrower or the Subsidiaries that would be characterized as an operating lease under GAAP in effect on the Closing Date (whether such lease is entered into before or after the Closing Date) shall not constitute Indebtedness or a Capital Lease Obligation under this Agreement or any other Loan Document as a result of such changes in GAAP. (c) For purposes of making all financial calculations to determine compliance with Article V (Financial Covenant) and any other financial ratio hereunder, all components of such calculations shall be adjusted to include or exclude, as the case may be, without duplication, such components of such calculations attributable to any business or assets that have been acquired by the Borrower or any of its Subsidiaries (including through Permitted Acquisitions) after the first day of the applicable period of determination and prior to the end of such period, as determined in good faith by the Borrower on a Pro Forma Basis. For the avoidance of doubt, when determining Pro Forma Compliance with Article V (Financial Covenant) for purposes of any ratio test set forth in the definition of “Permitted Acquisition” or Article VIII (Negative Covenants), the test set forth in Article V (Financial Covenant) shall apply regardless of whether any Revolving Credit Commitment remains outstanding on the relevant test date.

  • Accounting Terms and Determinations Except as otherwise expressly provided herein, all accounting terms used herein shall be interpreted, and all financial statements and certificates and reports as to financial matters required to be delivered to the Lender hereunder shall be prepared, in accordance with GAAP.

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