Residential Fit Out Works Sample Clauses
Residential Fit Out Works. 10.1 Notwithstanding the issue of the Certificate of Practical Completion, the Statement of Practical Completion and/or the Certificate of Making Good Defects the Tenant is in accordance with Schedule 6 to procure that the Residential Units are fully fitted out to enable all of the Residential Units to be brought into immediate beneficial use and occupation within 3 years of the Date of Practical Completion.
10.2 Following a breach of clause 10.1 by the Tenant and/or the Insolvency of the Tenant:
10.2.1 The Tenant is at the written request of the Landlord and for no consideration to assign to the Landlord or as the Landlord otherwise directs the benefit of all or any of the following so far as they relate to the Residential Units:
10.2.1.1 the Building Contract and any Performance Bond;
10.2.1.2 the Appointments;
10.2.1.3 any other contracts or agreements entered into by the Tenant in relation to the Development;
10.2.1.4 all the Tenant’s rights against the Building Contractor, Principal Sub-Contractors and the members of the Professional Team;
10.2.1.5 all warranties whether as to design, materials or otherwise in relation to the Development and any other guarantees and warranties given by the Building Contractor, Professional Team and suppliers and manufacturers in respect of all plant, machinery and apparatus installed as part of the Development; and
10.2.1.6 all rights of copyright vested in the Tenant;
10.2.2 Following completion of the assignments in clause 10.2.1, the Landlord may but will not be obliged to do so carry out and complete the fit out of the Residential Units at the cost and expense of the Tenant whereupon the Tenant will on completion of the fit out of the Residential Units pay to the Landlord the total costs incurred by or on behalf of the Landlord in exercising its rights under this clause 10 and in carrying out and completing the fit out of the Residential Units.
10.2.3 The Tenant is to permit the Landlord, the Building Contractor, its sub- contractors, including Principal Sub-Contractors, and their respective agents and employees and the Professional Team and their respective agents and employees to enter onto and remain on the Property with or without plant, equipment, machinery, workmen and materials in order to enable the Landlord to carry out the fit out of the Residential Units.
10.3 The Tenant irrevocably appoints the Landlord by way of security to be the attorney of the Tenant with full power and authority to do all acts and...
