WITNESSETH as follows. 1. The Landlord hereby demises unto the Tenant ALL THOSE PREMISES more particularly described in the First Schedule hereto together with the Landlord's fixtures and fittings therein set out in the Second Schedule hereto (all which premises are hereinafter referred to as the "Demised Premises") TO HOLD the same unto the Tenant for the term of twelve years subject to the provisions for earlier determination in Clause 4.17 from and including 25/th/ December 1998 (the "Term") PAYING THEREFOR: FIRSTLY, yearly and proportionately for any part of a year, the rent specified in the Fourth Schedule, by equal quarterly payments in advance on the usual quarter days in every year, the first such payment or a proportionate part of it (being a proportionate part of the rent specified in paragraph 2 of the Fourth Schedule from the date hereof to the first anniversary of the date from which the Term is calculated, after deduction of the quarterly instalments of such yearly rent payable on the intervening usual quarter days) to be made on the date hereof; SECONDLY on demand by way of additional rent (and the Landlord's remedies for recovering rent in arrears shall apply hereto) a sum representing interest at the rate of four pounds per centum per annum above the Midland Bank Plc base lending rate in force at the date the rent falls due upon any payment of rent outstanding and unpaid upon the date when the payment of rent fell due and upon any other sum or sums of money payable under the terms of this Lease by the Tenant to the Landlord which shall remain unpaid the interest to be charged from the date upon which the payment of rent fell due or the said sum or sums was or were (as the case may be) demanded in writing throughout the entire period during which the payment of rent or other sum or sums remain outstanding or unpaid Provided always that this Clause shall not prejudice in any way the Landlord's right of re-entry contained in Clause 4.1 hereof THIRDLY as additional rent a proportionate part (hereinafter called "the service rent") of the Maintenance Charge (which expression in this Lease shall mean the aggregate in any one year of the costs expenses provisions liabilities and payments properly incurred or otherwise provided for by the Landlord in relation to the matters set forth in the Third Schedule hereto) being subject to the following terms and provisions:
Appears in 1 contract
WITNESSETH as follows. 1. The Landlord hereby demises unto the Tenant ALL THOSE PREMISES more particularly described in the First Schedule hereto together with the Landlord's fixtures and fittings therein set out in the Second Schedule hereto (all which premises are hereinafter referred to as the "Demised Premises") TO HOLD the same unto the Tenant for the term of twelve years subject to the provisions for earlier determination in Clause 4.17 from and including 25/th/ December 1998 (the "Term") PAYING THEREFOR: FIRSTLY, yearly and proportionately for any part of a year, the rent specified in the Fourth Schedule, by equal quarterly payments in advance on the usual quarter days in every year, the first such payment or a proportionate part of it (being a proportionate part of the rent specified in paragraph 2 of the Fourth Schedule from the date hereof to the first anniversary of the date from which the Term is calculated, after deduction of the quarterly instalments installments of such yearly rent payable on the intervening usual quarter days) to be made on the date hereof; : SECONDLY on demand by way of additional rent (and the Landlord's remedies for recovering rent in arrears shall apply hereto) a sum representing interest at the rate of four pounds per centum per annum above the Midland Bank Plc base lending rate in force at the date the rent falls due upon any payment of rent outstanding and unpaid upon the date when the payment of rent fell due and upon any other sum or sums of money payable under the terms of this Lease by the Tenant to the Landlord which shall remain unpaid the interest to be charged from the date upon which the payment of rent fell due or the said sum or sums was or were (as the case may be) demanded in writing throughout the entire period during which the payment of rent or other sum or sums remain outstanding or unpaid Provided always that this Clause shall not prejudice in any way the Landlord's right of re-entry contained in Clause 4.1 hereof THIRDLY as additional rent a proportionate part (hereinafter called "the service rent") of the Maintenance Charge (which expression in this Lease shall mean the aggregate in any one year of the costs expenses provisions liabilities and payments properly incurred or otherwise provided for by the Landlord in relation to the matters set forth in the Third Schedule hereto) being subject to the following terms and provisions:
Appears in 1 contract
WITNESSETH as follows. 1. The Landlord hereby demises unto the Tenant ALL THOSE PREMISES more particularly described in the First Schedule hereto together with the Landlord's fixtures and fittings therein set out in the Second Schedule hereto (all which premises are hereinafter referred to as the "Demised Premises") TO HOLD the same unto the Tenant for the term of twelve years subject to the provisions for earlier determination in Clause 4.17 from and including 25/th/ December 1998 (the "Term") PAYING THEREFOR: FIRSTLY, yearly and proportionately for any part of a year, the rent specified in the Fourth Schedule, by equal quarterly payments in advance on the usual quarter days in every year, the first such payment or a proportionate part of it (being a proportionate part of the rent specified in paragraph 2 of the Fourth Schedule from the date hereof to the first anniversary of the date from which the Term is calculated, after deduction of the quarterly instalments of such yearly rent payable on the intervening usual quarter days) to be made on the date hereof; SECONDLY on demand by way of additional rent (and the Landlord's remedies for recovering rent in arrears shall apply hereto) a sum representing interest at the rate of four pounds per centum per annum above the Midland Bank Plc base lending rate in force at the date the rent falls due upon any payment of rent outstanding and unpaid upon the date when the payment of rent fell due and upon any other sum or sums of money payable under the terms of this Lease by the Tenant to the Landlord which shall remain unpaid the interest to be charged from the date upon which the payment of rent fell due or the said sum or sums was or were (as the case may be) demanded in writing throughout the entire period during which the payment of rent or other sum or sums remain outstanding or unpaid Provided always that this Clause shall not prejudice in any way the Landlord's right of re-entry contained in Clause 4.1 hereof THIRDLY as additional rent a proportionate part (hereinafter called "the service rent") of the Maintenance Charge (which expression in this Lease shall mean the aggregate in any one year of the costs expenses provisions liabilities and payments properly incurred or otherwise provided for by the Landlord in relation to the matters set forth in the Third Schedule hereto) being subject to the following terms and provisions:
Appears in 1 contract
WITNESSETH as follows. 1. The Landlord hereby demises unto the Tenant ALL THOSE PREMISES more particularly described in the First Schedule hereto together with the Landlord's fixtures and fittings therein set out in the Second Schedule hereto (all which premises are hereinafter referred to as the "Demised Premises") TO HOLD the same unto the Tenant for the term of twelve years subject to the provisions for earlier determination in Clause 4.17 from and including 25/th/ December 1998 (the "Term") PAYING THEREFOR: FIRSTLY, FIRSTLY yearly and proportionately for any part of a year, the rent specified in the Fourth Schedule, by equal quarterly payments in advance on the usual quarter days in every year, the first such payment or a proportionate part of it (being a proportionate part of the rent specified in paragraph 2 of the Fourth Schedule from the date hereof to the first anniversary of the date from which the Term is calculated, after deduction of the quarterly instalments of such yearly rent payable on the intervening usual quarter days) to be made on the date hereof; SECONDLY on demand by way of additional rent (and the Landlord's remedies for recovering rent in arrears shall apply hereto) a sum representing interest at the rate of four pounds per centum per annum above the Midland Bank Plc base lending rate in force at the date the rent falls due upon any payment of rent outstanding and unpaid upon the date when the payment of rent fell due and upon any other sum or sums of money payable under the terms of this Lease by the Tenant to the Landlord which shall remain unpaid the interest to be charged from the date upon which the payment of rent fell due or the said sum or sums was or were (as the case may be) demanded in writing throughout the entire period during which the payment of rent or other sum or sums remain outstanding or unpaid Provided always that this Clause shall not prejudice in any way the Landlord's right of re-entry contained in Clause 4.1 hereof hereof. THIRDLY as additional rent a proportionate part (hereinafter called "the service rent") of the Maintenance Charge (which expression in this Lease shall mean the aggregate in any one year of the costs expenses provisions liabilities and payments properly incurred or otherwise provided for by the Landlord in relation to the matters set forth in the Third Schedule hereto) being subject to the following terms and provisions:
Appears in 1 contract
