Common use of Leasehold Properties Clause in Contracts

Leasehold Properties. Each of the Properties which is leasehold 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, each such lease being a head lease and containing no rights of determination on the part of the landlord, and there are no rent reviews which are or will at the date of Completion be in the course of being determined.

Appears in 2 contracts

Sources: Share Purchase Agreement, Share Purchase Agreement (Willbros Group, Inc.\NEW\)

Leasehold Properties. Each of the Properties which is leasehold 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, each such lease being a head lease and containing no unusual or onerous covenants or provisions nor any rights of determination on the part of the landlord, and there are no rent reviews which are or will at the date of Completion be in the course of being determined.

Appears in 1 contract

Sources: Agreement for the Sale and Purchase of the Subscription Business (Rowecom Inc)