Common use of Leasehold Properties Clause in Contracts

Leasehold Properties. 5.1 Each of the Properties is held under the leases details of which are set out in schedule 8 and no licence or supplementary agreements or concessions have been entered into or granted in respect of those leases. 5.2 The Company is not engaged in any negotiation for review of the rent payable under any lease under which it holds any of the Properties and no negotiations for such review have been concluded changing the rent from that set out in schedule 8 or in the Disclosure Letter. 5.3 So far as the Sellers are aware, the landlord of each of the Properties has complied with the obligations and covenants of the landlord in each of the leases details of which are set out in schedule 8.

Appears in 2 contracts

Sources: Share Purchase Agreement, Share Purchase Agreement (Sally Beauty Holdings, Inc.)

Leasehold Properties. 5.1 4.1 Each of the Properties is held under the leases lease details of which are set out in schedule 8 6 and no licence or supplementary agreements or concessions have been entered into or granted in respect of those leases. Each lease is a head lease and contains no unusual or onerous covenants or provisions or any rights of determination on the part of the landlord. 5.2 4.2 The Company is not engaged in any negotiation for review of the rent payable under any lease under which it holds any of the Properties and no negotiations for such review have been concluded changing the rent from that set out in schedule 8 or in the Disclosure LetterProperties. 5.3 So far as the Sellers are aware, the landlord of each of the Properties has complied with the obligations and covenants of the landlord in each of the leases details of which are set out in schedule 8.

Appears in 1 contract

Sources: Share Purchase Agreement (Lipman Electronic Engineering LTD)