Common use of Inventory List Clause in Contracts

Inventory List. 14.1 The Landlord warrants that he shall, when handing over possession of the Flat at the commencement of the Term, prepare two (2) copies of the Inventory List (annexed herein as Annexure B) for the Tenant’s endorsement. Each party shall keep one (1) copy of the Inventory List. The Inventory List shall serve as conclusive evidence of the condition of furniture and fixtures in the Flat for the purposes of this Agreement and any extension, renewal or continuation of the tenancy created under the Agreement. For the avoidance of doubt, a breach of this Clause by either party shall not be a ground for termination under Clause 8.1 of the Operative Part.

Appears in 2 contracts

Sources: Tenancy Agreement, Tenancy Agreement

Inventory List. 14.1 15.1 The Landlord warrants that he shall, when handing over possession of the Flat Premises at the commencement of the Term, prepare two (2) copies of the Inventory List (annexed herein as Annexure B) for the Tenant’s endorsement. Each party shall keep one (1) copy of the Inventory List. The Inventory List shall serve as conclusive evidence of the condition of furniture and fixtures in the Flat Premises for the purposes of this Agreement and any extension, renewal or continuation of the tenancy created under the Agreement. For the avoidance of doubt, a breach of this Clause by either party shall not be a ground for termination under Clause 8.1 7.1 of the Operative Part.

Appears in 1 contract

Sources: Tenancy Agreement