Common use of Assuming Clause in Contracts

Assuming. (i) The property is let on the relevant review date for a term of 5 years but otherwise on the same terms as are in this lease except for the amount of the rent payable but including the provisions for review; (ii) The property is vacant and fully fitted out and equipped and ready for immediate occupation and use for the business without any restrictions on any planning or other consents or the licences available for the business and/or the property; (iii) The obligations in this lease imposed on us and you have been fully complied with; (iv) That you are able to recover all VAT payable on any outgoings associated with the property; (v) That no reduction in rent is to be made to take account of any rental concessions which on a new letting with vacant possession might be granted to an incoming tenant; (vi) That no work has been carried out to the property that has reduced the rental value of the property; (vii) If the property has been damaged or destroyed by an insured risk then it has been restored; and (viii) That you have rights under Part II of the Landlord and ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇.

Assuming. (i) The property is let on the relevant review date for a term of 5 years but otherwise on the same terms as are in this lease except for the amount of the rent payable and the provisions regarding the extension of the term contained at clause 1.4 of Chapter 2 but including the provisions for review; (ii) The property is vacant and fully fitted out and equipped and ready for immediate occupation and use for the business without any restrictions on any planning or other consents or the licences available for the business and/or the property; (iii) The obligations in this lease imposed on us and you have been fully complied with; (iv) That you are able to recover all VAT payable on any outgoings associated with the property; (v) That no reduction in rent is to be made to take account of any rental concessions which on a new letting with vacant possession might be granted to an incoming tenant; (vi) That no work has been carried out to the property that has reduced the rental value of the property;; and (vii) If the property has been damaged or destroyed by an insured risk then it has been restored; and (viii) That you have rights under Part II of the Landlord and ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇.

Assuming. (i) The property is let on the relevant review date for a term of 5 10 years but otherwise on the same terms as are in this lease except for the amount of the rent payable but including the provisions for review; (ii) The property is vacant and fully fitted out and equipped and ready for immediate occupation and use for the business without any restrictions on any planning or other consents or the licences available for the business and/or the property; (iii) The obligations in this lease imposed on us and you have been fully complied with; (iv) That you are able to recover all VAT payable on any outgoings associated with the property; (v) That no reduction in rent is to be made to take account of any rental concessions which on a new letting with vacant possession might be granted to an incoming tenant; (vi) That no work has been carried out to the property that has reduced the rental value of the property;; and (vii) If the property has been damaged or destroyed by an insured risk then it has been restored; and (viii) That you have rights under Part II of the Landlord and ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇.

Assuming. (i) The property is let on the relevant review date for a term of 5 years but otherwise on the same terms as are in this lease except for the amount of the rent payable but including the provisions for review; (ii) The property is vacant and fully fitted out and equipped and ready for immediate occupation and use for the business without any restrictions on any planning or other consents or the licences available for the business and/or the property; (iii) The obligations in this lease imposed on us and you have been fully complied with; (iv) That you are able to recover all VAT payable on any outgoings associated with the property; (v) That no reduction in rent is to be made to take account of any rental concessions which on a new letting with vacant possession might be granted to an incoming tenant; (vi) That no work has been carried out to the property that has reduced the rental value of the property;; and (vii) If the property has been damaged or destroyed by an insured risk then it has been restored; and (viii) That you have rights under Part II of the Landlord and ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇.