Excesses. within 14 days of written demand, a sum equal to the normal commercial excess (if any) payable in terms of any policy of insurance effected by the Landlord in terms of this Lease in the event of any relative claim or claims being made in respect of the Property, or where any such claim affects both the Property and any other part of the Building, a fair and equitable proportion of any such excess as determined by the Landlord (exercising its power of determination in a proper and reasonable manner) save, in either case, where and to the extent that such excess forms part of the Service Expenditure.
Appears in 2 contracts
Sources: Lease Agreement, Lease Agreement