SEVENTH SCHEDULE Sample Clauses

SEVENTH SCHEDULE. Seventh Schedule Amendments to principal agreement 2

SEVENTH SCHEDULE. Surety's Covenant

SEVENTH SCHEDULE. (Payment Plan)

SEVENTH SCHEDULE. Council Covenants with the Owner

SEVENTH SCHEDULE. The Rent and Rent Review

SEVENTH SCHEDULE. [Section 2.] Extract from the sixth supplementary agreement, in which the agreement referred to in section three of this Act as from time to time amended in accordance with this Act is referred to as “the principal agreement”. Amendments to principal agreement

SEVENTH SCHEDULE. The covenants and restrictions set out on the title registers to title number MS366959 “the Rent” means the sum of £50.00 per annum from and including the Effective Date to the tenth anniversary of the Effective Date (being the first Review Date) and thereafter such annual sum as is calculated or determined from time to time as follows:- with effect from and including the first Review Date and every tenth anniversary thereof the Rent shall be the greater of an annual sum calculated in accordance with the following formula: Revised Rent = £50.00 x Latest Index Figure Initial Index Figure or the annual sum payable immediately prior to such Review Date. The “Latest Index Figure” means the most recent Retail Price Index figure at the date three months prior to the Rent Review Date. The “Initial Index Figure” means the Retail Price Index figure at the date three months before the commencement date of the Term at the date of this Lease. Should the Retail Price Index figure no longer be available the Retail Price Index figure shall be replaced by an equivalent. if the reference base used to compile the Index changes between the month falling three months before the month of the commencement date of the Term and the month falling three months before the month of the relevant Review Date then the Latest Index Figure in the formula shall be adjusted to the figure which would have applied if the reference base current at the month falling three months before the month of the commencement date of the Term had been retained and not changed.