EXHIBIT 10.81
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DATED 12th June 1996
DEED OF VARIATION
relating to
Xxxx 0 Xxxxx Xxxxxxx Xxxx
Xxxxxxx Xxxxxxxxx
[Lease dated 4th May 1995]
Sun Alliance and London Assurance
Company Limited (1)
Xxxxxxx Robor plc (2)
TOWNSENDS
===================================Solicitors==================================
00 Xxxxxxxxx Xxxxxx, Xxxxxxx, Xxxxxxxxx XX0 0XX
Telephone (01793) 410800 o Fax (01793) 616294
THIS DEED is made the 12th day of June 1996
BETWEEN
SUN ALLIANCE AND LONDON ASSURANCE COMPANY LIMITED whose registered office is at
0 Xxxxxxxxxxx Xxxx, Xxxxxx, XX0X 0XX ("the Landlord)" (1) and XXXXXXX ROBOR PLC
whose registered office is at Xxxxxxx Xxxxx, Xxxxxxx, Xxxxxxxxxx, Xxxx Xxxxxx,
X000 0XX ("the Tenant") (2)
THIS DEED WITNESSES that:
1. INTERPRETATION
In this deed:
1.1 The following expressions have the following meanings unless the context
requires them to be interpreted differently:
"the Lease" means a Lease dated 4th May 1995 of the Property
between the Landlord (1) and the Tenant (2)
"the Property" means Xxxx 0, Xxxxx Xxxxx, Xxxxxxx Xxxx, Xxxxxxx,
Xxxxxxxxx which is shown for identification only
edged red on the plan attached to the Lease and
described in more detail in the Lease
"the Term" means the term granted by the Lease
1.2 The expression "the Landlord" includes where the context admits the person
who for the time being owns the interest in the Property which gives the
right to possession of it when the Lease ends
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1.3 The expression "the Tenant" includes where the context admits the person
who for the time being is entitled to the Property as tenant under the
Lease
1.4 Words importing the singular are to be considered where appropriate as
including the plural and vice versa
1.5 Words importing the masculine are to be considered where appropriate as
including the feminine and neuter and vice versa
1.6 Unless the context requires the expressions to be interpreted differently,
references in this deed to a "clause" "sub-clause" "schedule" or
"paragraph" are references to the appropriately numbered clause,
sub-clause, schedule or paragraph of this deed
1.7 The headings are included for ease of reference. They shall not be treated
as affecting the meaning of the provisions to which they relate
1.8 If from time to time there is more than one person comprised in the Tenant
or the Landlord then:
1.8.1 any reference to "the Tenant" or "the Landlord" will be deemed to
refer to each tenant or landlord;
1.8.2 any obligation on the part of the Tenant or the Landlord (as the
case may be) can be enforced against all of the tenants or all of
the landlords (as the case may be) jointly and against each
individually, and
1.8.3 any notice to be served on the Tenant or the Landlord will be
validly served if served on any one or more of (as the case may be)
the tenants or the landlords
2. RECITALS
2.1 This deed is supplemental to the Lease
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2.2 The right to possession of the Property when the Term ends remains vested
in the Landlord
2.3 The Tenant remains entitled to the Property as tenant under the Lease
2.4 The Landlord and the Tenant have agreed to vary the Lease as set out below
3. VARIATION OF LEASE
With effect from the date of this deed the Lease is varied as follows:
A. In clause 2.1.1 of the Lease, line 1, "19 cars" shall be treated as
deleted and replaced by "16 cars"
B. In the Third Schedule to the Lease, paragraph 1, line 8, "nine"
shall be treated as deleted and replaced by "six"
C. In the Fourth Schedule to the Lease, paragraph 1(A)(i),
sub-paragraph (b) shall be treated as deleted and replaced by the
following sub-paragraph (b):
"(b) are to be let as a whole subject to the terms of this lease
other than
(aa) the amount of the Rent hereby reserved (but including the
provisions for review of that rent on a basis and of a
frequency as set out in this lease)
(bb) the number of cars referred to in sub-clause 2.1.1 of this
lease which shall be taken to be 19, not 16 and
(cc) the number of parking spaces referred to in paragraph 1 of
the Third Schedule to this lease which shall be taken to
be 9, not 6 ____"
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4. FURTHER PROVISIONS
4.1 The Landlord and the Tenant will each perform and observe the covenants,
conditions and stipulations on their respective parts contained in the
Lease as varied by this deed
4.2 The conditions for re-entry contained in the Lease shall be exercisable on
any breach by the Tenant of the covenants, conditions and stipulations
contained in the Lease as varied by this deed
4.3 This deed is not intended to and does not effect any surrender of the
Lease or the grant of any new lease and the covenants, conditions and
stipulations contained in the Lease shall continue in full force and
effect save to the extent that they are varied by this deed
4.4 The Tenant and the Landlord will immediately endorse a memorandum of this
deed on the Lease and its counterpart respectively and will supply to the
other party a certified copy of such endorsement within 14 days of the
date of this deed
4.5 The Tenant agrees to pay to the Landlord on demand the legal costs
(including VAT and disbursements) incurred by the Landlord in connection
with the preparation, negotiation and completion of this deed
IN WITNESS whereof this deed has been duly delivered the day and year first
before written
[SEAL] ( THE COMMON SEAL of SUN ALLIANCE
( AND LONDON ASSURANCE COMPANY
( LIMITED was hereunto affixed
( in the presence of:
Authorised Signatory [ILLEGIBLE]
Authorised Signatory [ILLEGIBLE]
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THE COMMON SEAL of XXXXXXX ROBOR )
PLC was hereunto affixed in the )
presence of: )
Director
Secretary
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