Common use of LANDLORD’S WORKS Clause in Contracts

LANDLORD’S WORKS. Following practical completion of the Landlord's Works in accordance with this Agreement, the Landlord will commission a chartered building surveyor to prepare a schedule of condition recording the state of repair and condition of the Premises for the purposes of clause 3.3 of the Lease (the First Schedule of Condition). The First Schedule of Condition shall contain photographs and written statements describing the state of repair and condition of the Premises. The parties shall (acting reasonably) collaborate together in good faith and agree the First Schedule of Condition as soon as possible after it has been prepared. In the event that the parties cannot agree the First Schedule of Condition within 30 days after the date of practical completion of the Landlord's Works then in respect of any matters which are not agreed between the parties either party shall be entitled to request that the same is determined by an Independent Person in accordance with clause 21. Following agreement or determination of the First Schedule of Condition pursuant to this clause, both parties shall ensure that the First Schedule of Condition shall be annexed to their respective counterparts of the Lease.

Appears in 2 contracts

Sources: Lease Agreement, Lease Agreement

LANDLORD’S WORKS. Following practical completion of the Landlord's Works in accordance with this Agreement, the Landlord will commission a chartered building surveyor to prepare a schedule of condition recording the state of repair and condition of the Premises for the purposes of clause 3.3 of the Lease (the First Schedule of Condition). The First Schedule of Condition shall contain photographs and written statements describing the state of repair and condition of the Premises. The parties shall (acting reasonably) collaborate together in good faith and agree the First Schedule of Condition as soon as possible after it has been prepared. In the event that the parties cannot agree the First Schedule of Condition within 30 days after the date of practical completion of the Landlord's Works then in respect of any matters which are not agreed between the parties either party shall be entitled to request that the same is determined by an Independent Person in accordance with clause 21Error: Reference source not found. Following agreement or determination of the First Schedule of Condition pursuant to this clause, both parties shall ensure that the First Schedule of Condition shall be annexed to their respective counterparts of the Lease.

Appears in 1 contract

Sources: Lease Agreement