London Property definition
Examples of London Property in a sentence
The London Property is held under the lease brief details of which are set out in schedule 6 and no licences or collateral arrangements or concessions have been entered into or granted, and there are no rent reviews which are or will at the date of Completion be in the course of being determined.
Assignor acknowledges and agrees that, notwithstanding the terms of this Assignment, Assignor shall remain liable to Sellers for any of the obligations under the Purchase Agreement relating to the New London Property.
Assignee hereby accepts the foregoing assignment and, effective as of the Effective Date, assumes and agrees to perform and be bound by all of the terms, covenants, and conditions prospectively to be observed or performed by “Purchaser” under or pursuant to the Purchase Agreement as related to the purchase of the New London Property.
So far as the Seller is aware predecessors in title (including all previous owners, occupiers and managers) of the London Property or the Activities have complied with Environmental Laws.
In 1947 after the High Trees case (Central London Property Trust Ltd v High Trees House Ltd [1947] K.B 130), I had some correspondence with ▇▇▇ ▇▇▇▇ about it: and I thing I may say that he would not limit the principle to an assumption of fact, but would extend it, as I would, to include an assumption of fact or law, present or future.
Assignor hereby assigns, transfers and conveys to Assignee all of Assignor’s right, title and interest in and to the Purchase Agreement related to the purchase of the New London Property.
Unless disclosed in schedule 6 the London Property and the title deeds thereto are not and will not at Completion be subject to any Encumbrance or any lease or agreement for lease.
The existing use of the London Property is only that specified in the Lease and is the lawful permitted use whether under the current Town and Country Planning legislation and in the case of leasehold property under the terms of the lease or tenancy agreement under which such property is held or otherwise and are not temporary uses and all necessary consents to such existing uses have been obtained.
The Company and the London Property comply and have since the commencement of the Lease at all times complied with all Environmental Laws in all material respects and so far as the Seller is aware there are no facts or circumstances which interfere or prevent compliance with any Environmental Laws.
Please provide two cheques both payable to London Property Investment Network • Buyer’s Fee cheque of £1,000+VAT enclosed.