Variation to Lease Clause Samples
Variation to Lease. The parties to this Agreement acknowledge that the provisions in the Lease and the Sub-underlease may need to be adjusted to reflect the circumstances which affect the Demised Premises as and when fully constructed Provided that no adjustment shall materially prejudice the Tenant. In the event that the Developer reasonably requests the Tenant to agree to any such variation then the parties to this Agreement shall use all reasonable endeavours to agree in good faith the terms and document such proposed variation and any related provisions and in the event of a dispute as to the content of any such variations or provisions such dispute may be referred for settlement by either party to the Independent Person and the parties shall execute any deed or do any other thing necessary to give any variation agreed or settled as aforesaid
Variation to Lease. Upon the satisfaction of the Conditions, the Lease is varied as follows:
4.1 by amending the definition of “Required Use” in the Reference Schedule to read:
4.2 by inserting or varying the following definitions into clause 1.1: “Additional Rent means fifty percent (50%) of the Sublease Rent”;