EXHIBIT 10.9
THIS LEASE made the Fourteenth day of September one thousand nine
hundred and seventy- seven BETWEEN (1) (" the Landlord ") SLOUGH
TRADING ESTATE LIMITED whose registered office is at ▇▇▇ ▇▇▇▇
▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇ and ("the Tenant ") ▇▇▇▇▇▇▇▇▇ ▇.▇. LIMITED
whose registered office is at ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇ and (3) (" the Sureties ") the several
persons whose respective names and addresses are set out in Part
I of the Surety Schedule (hereinafter so called) annexed hereto
WITNESSETH as follows :-
Description of 1. THE Landlord hereby demises unto the Tenant ALL THAT
Premises stake or parcel of land situate on the Slough Trading Estate in
the County of Berkshire (hereinafter called "the Estate") on the
West of a road called Ipswich Road and which said piece or parcel
of land is more particularly delineated on the plan attached
hereto and thereon edged RED and/or coloured PINK and BLUE and
GREEN/TOGETHER with the building thereon erected and known as
Number ▇▇▇/▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Slough (and any other
building that may hereafter during the term hereof be erected by
the Landlord in place thereof) AND TOGETHER with the fixtures a
short description whereof and of the demised building is set out
in the First Schedule hereto (which expression shall be deemed to
comprise any amended or substituted Schedule describing any other
building erected on the demised premises by the Landlord as
herein mentioned) AND TOGETHER ALSO with the right in common with
the Landlord and all other persons now or at any time hereafter
entitled to a similar right to pass with or without vehicles at
all times and for all purposes over and along the piece or pieces
of land coloured ▇▇▇▇▇ and/or ▇▇▇▇▇ hatched red on the said plan
Exceptions and EXCEPTING AND RESERVING unto the Landlord and all others
reservations authorised by it the free and uninterrupted passage and running
of water soil gas electricity and telephone or any other service
or supply from the other buildings and land of the Landlord and
its tenants adjoining or near the demised premises and from the
land and premises of others so authorised as aforesaid through
the sewers drains watercourses conduits subways pipes wires
cables apparatus and other works which are now or may hereafter
be in through under or over the demised premises and the right at
any time so to lay construct or otherwise instal such works
Habendum hereafter TO HOLD unto the Tenant from the Twenty-fourth day of
June One thousand nine hundred and seventy- seven for the term of
Reddendum TWENTY-FIVE YEARS (hereinafter called "the said term ") YIELDING
AND PAYING therefor yearly during the said term the rent of
44,040 (forty-four thousand and forty pounds) to be paid subject
nevertheless to variation as hereinafter mentioned without any
(1)
deduction whatsoever (except as authorised by Statute) by equal
quarterly payments in advance on the Twenty-fifth day of March
the Twenty-fourth day of June the Twenty-ninth day of September
and the Twenty-fifth day of December in every year the first
payment for the period from the First day of December One
thousand nine hundred and seventy- seven to the twenty-fifth day
of December One thousand nine hundred and seventy- seven to be
made on the date hereof AND ALSO PAYING as additional rent such
amounts (if any) as are referred to in Part I of the Schedule of
Additional Covenants (hereinafter so called) annexed hereto such
amounts to be payable as therein mentioned and to be recoverable
Insurance by distress in the Insurance same way as rent in arrear AND ALSO
Premiums PAYING as additional rent from time to time a sum or sums of
money equal to the expense incurred by the Landlord in effecting
or maintaining the insurance of the demised building described in
the First Schedule hereto as the Landlord shall from time to time
insure the same for the Landlord's benefit in such sums as the
Landlord shall decide but not exceeding the cost from time to
time of replacement by a comparable building (including
Architects' Surveyors' and Engineers' fees) and two years' rent
of the demised premises against loss or damage by fire explosion
aircraft aerial devices and articles dropped therefrom earthquake
riot civil commotion strikers locked out workers or persons
taking part in labour disturbances or malicious persons acting on
behalf of or in connection with any political organisation and
such other insurable risks as the Landlord shall from time to
time consider reasonably necessary and so have notified the
Tenant (hereinafter called "the said perils") such last mentioned
additional rent to be paid without any deduction on demand and to
be recoverable by distress in the same way as rent in arrear
2. THE Tenant for itself and its assigns and to the intent
that the obligations may continue throughout the said term hereby
covenants with the Landlord as follows :-
Payment of (1) During the continuance of the said term to pay the
rent respective rents and other sums of money hereinbefore
reserved and made payable at the times and in the manner in
which the same are respectively hereinbefore reserved and
made payable without any deduction whatsoever (except as
authorised by Statute) and (unless and save to the extent
that the Landlord shall from time to time in writing waive
this requirement) to make payment thereof to the Landlord
through bankers to the Tenant by the "direct debit" system
on the due date
Payment of (2) To bear pay and discharge all existing and future
rates rates taxes assessments duties impositions and outgoings
whatsoever imposed or charged upon the demised premises or
upon the owner or occupier in respect thereof or payable by
either in respect thereof
(2)
Schedule of (3) To observe and perform the several covenants
Additional conditions and agreements (if any) set out m Part I of the
Covenants Schedule of Additional Covenants as if the same were
included in this Clause 2
Exterior painting (4) In the year commencing the First day of June One
thousand nine hundred and eighty and in every third year and
in the last year of the said term however the same may be
determined thoroughly to prepare and paint the outside wood
and metalwork of the demised building and all additions
thereto with two coats at least of best high gloss or
bituminous or metallic paint (or other paint approved by the
Landlord) where usually or previously so painted and
thoroughly to prepare and paint all outside stonework and
cement rendering surrounds or features with two coats of
best stone paint (or other paint approved by the Landlord)
where usually or previously so painted
Interior painting (5) In the year commencing the First day of June One
thousand nine hundred and eighty-two and in every fifth year
and in the last year of the said term however the same may
be determined thoroughly to prepare and paint all the inside
wood and metalwork of the demised building and all additions
thereto with two coats of best high gloss or bituminous or
metallic paint (or other paint approved by the Landlord)
where usually or previously so painted and thoroughly to
wash prepare stop bring forward and paint with two coats of
best washable emulsion paint (or other paint approved by the
Landlord) all surfaces usually or previously so treated
Dilapidations (6) time to time and at all times during the said term
accrued during at its own cost well and substantially to repair
cleanse any preceding paint maintain and amend the demised
premises and the Lease; and other fixtures therein and the
walls fences vaults roads sewers obligations as to and
drains in on or under the demised premises and the repair
appurtenance thereof (damage by any of the said perils
excepted) and to keep the same so repaired cleansed painted
maintained and amended and free from industrial rubbish and
waste materials and such part of the land (if any) as is
coloured BLUE on the said plan for and suitable for the
parking of vehicles only and the adjacent land (if any)
coloured GREEN on the said plan in a clean and tidy
condition and suitably maintained as a landscaped area. And
the demised premises so painted repaired cleansed maintained
amended and kept as aforesaid at the expiration or sooner
determination of the
(3)
said term quietly to yield up unto the Landlord together
with (subject to any requirement to the contrary pursuant to
sub-clause (7) hereof) all additions and improvements of a
permanent nature and not movable made thereto in the
meantime and all fixtures of every kind in or upon the
demised premises or which during the said term may be
affixed or fastened to or upon the same except Tenant's
trade fixtures or fittings
Reinstatement of (7) Three months before the end or sooner determination
Premises of the said term if required by the Landlord so to do to
carry out such works as shall be necessary or desirable in
order to restore the demised premises or such part or parts
thereof as may be required by the Landlord to their
description in the First Schedule hereto and without
prejudice to the generality of the foregoing to demolish and
remove the whole or such parts as may be required by the
Landlord of the structures erections fixtures and fittings
as are not described in such First Schedule and to rebuild
and reinstate the whole or such parts as may be required by
the Landlord of the structures erections fixtures and
fittings described in such First Schedule as have before the
commencement of or during the said term been demolished or
removed from the demised premises All such works as
aforesaid shall be carried out to the reasonable
satisfaction of the Landlord and the Tenant shall apply for
any planning permission which may be required under the Town
and Country Planning Acts in respect of any such works as
aforesaid and use its best endeavors to obtain such
permission including the exercise of any right of appeal
against the refusal of such permission and pay any
development or other statutory charge which may be payable
in relation to any such works
Performance of (8) To carry out all works executed in pursuance of any
Works of the covenants in that behalf on the part of the Tenant in
a good and workmanlike manner and to the reasonable
satisfaction of the Landlord
Landlord's (9) To permit the Landlord or its agents at all times
Inspections during the said term during reasonable hours in the day with
or without workmen and others to enter the demised premises
to view the state of repair and condition of the same and of
all defects and wants of reparation and other failures to
comply with the covenants on the part of the Tenant herein
contained then and there found to give or leave on the
demised premises notice in writing to the Tenant and the
Tenant shall within the period of three months after such
notice (or immediately in case of emergency) repair or
otherwise make good the same according to such notice and
the relevant covenant on the part of the Tenant in that
behalf
(4)
Default remedies (10) If the Tenant shall at any time make default in
of the Landlord the performance of any of the covenants on the part of the
Tenant herein contained for or relating to the repair or
decoration or condition of the demised premises or otherwise
relating to any other works to be carried out by the Tenant
under any of such covenants it shall be lawful for the
Landlord (but without prejudice to the right of re-entry
under Clause 4 (1) hereof) to enter into and upon the
demised premises and remedy and make good such default at
the expense of the Tenant and the cost of all such works
shall be repaid by the Tenant to the Landlord on demand
Landlord's further (11) To permit the Landlord and others authorised by it
right with workmen and others at all reasonable times to enter
of entry upon the demised premises for the purpose of taking
inventories of the Landlord's fixtures therein and of doing
such repairs extensions and alterations as the Landlord may
deem necessary to the adjoining property of the Landlord and
any sewers drains water-courses conduits subways pipes wires
cables apparatus or other works which are now or may at any
time hereafter be in through under or over the demised
premises or any adjoining premises and of so laying
constructing or otherwise installing such works
Tenant's signboard (12) Not at any time during the said term to set up any
signboard or lettering on the demised premises without first
obtaining the consent in writing of the Landlord but the
Tenant shall within three month from the date hereof erect a
sign thereon of reasonable design and size setting out the
name and business of the Tenant and such sign shall not be
erected unless approval thereof in writing shall have been
first obtained from the Landlord
Restriction as to (13) Not to carry on or permit or suffer to be carried
use of the on upon the demised premises any noxious or offensive trade
premises or business nor to suffer the use of any part of the demised
premises outside the demised building for the storage there
of anything nor to use the demised premises or any part
thereof or (subject to sub-clause (17) hereof) suffer or
permit the same to be used for any other purpose than that
of manufacturers of scientific equipment (or of such other
substituted purpose as shall be the subject of the written
approval of the Landlord) and shall fall within Class III
specified in the Schedule to the Town and Country Planning
(Use Classes) Order 1972)
Acts of (14) Not to do or suffer to be done in or upon or from
Nuisance the demised premises whether in connection with the business
carried on thereon or otherwise any act or thing which shall
or may be or become a nuisance damage annoyance or
inconvenience to the Landlord or any of its tenants or the
occupiers of any premises
(5)
in the neighbourhood or which might in the opinion of the
Landlord so be or become and at all times to take all
necessary precautions to prevent the same
Landlord's Estate (15) (A) To observe such reasonable regulations as may
Regulations from time to time be made by the Landlord with regard to
transport and conduct of employees and to take all necessary
precautions to prevent excessive wear and tear to or any
avoidable obstruction of any of the roads on the Estate
Parking of (B) To use only for the parking of vehicles such part
Vehicles of the land (if any) as is coloured BLUE on the said plan
and to require employees to use the same (so far as the
capacity of such land permits) for the parking of their
vehicles and to enforce such requirement by all reasonable
means available to the Tenant as an employer
Road repairs (16) To pay to the Landlord from time to time upon
demand such proportion of the cost of repairing the road
serving in common the demised premises and certain adjoining
premises which (if any) is shown coloured ▇▇▇▇▇ and hatched
RED on the said plan as shall be certified conclusively by
the Landlord's Architect as proper
Acts prejudicial (17) (A) Not to do or permit or suffer anything to be
to insurance done upon the demised premises whereby any policy of
insurance against damage by any of the said perils to the
demised building for the time being subsisting may be
forfeited or invalidated or (save with the consent in
writing of the Landlord) whereby the rate of premium quoted
by a Tariff Insurance Company in London in respect of the
insurance against damage by any of the said perils of any
building or part of a building (in this sub-clause (17)
called "neighbouring premises") adjoining or near the
demised premises shall at any time be higher than the rate
usually charged in respect of the trade carried on in such
neighbouring premises PROVIDED that the consent of the
Landlord shall be deemed to be granted under the provisions
of this sub-clause to the carrying on by the Tenant in the
demised premises of any business permitted under sub-clause
(13) hereof in a proper and usual manner upon condition that
the Tenant agrees (as it does hereby) to repay to the
Landlord such sums in respect of increased premiums for such
insurance of any neighbouring premises as the Landlord may
be called upon to pay by reason of the nature of such
business
Safeguarding the (B) To comply with all reasonable requirements of the
premises Landlord in regard to the safeguarding of the demised
building or any neighbouring premises as aforesaid against
any of the said perils PROVIDED that such a requirement
shall be deemed reasonable if in compliance with any
recommendation issued by the fire brigade or local authority
or by any of the underwriters insurance brokers or insurance
company concerned
(6)
[Diagram of the Slough trading Estate]
Alteration or (18) Not at any time during the said term to erect any
Development new building on the demised premises or make any alteration
whether structural or otherwise or any addition to the
demised building or to any buildings which may be erected on
the demised premises or make any excavation or sink any well
upon the demised premises or interfere with or by building
or otherwise cause access to any sewers drains watercourses
conduits subways pipes wires cables apparatus and other
works which now are or at any time hereafter may be in
through under or over the demised premises or any adjoining
or neighbouring premises to be or become more difficult than
the same now is nor to carry out development of any kind
whatsoever within the meaning of Section 22 of the Town and
Country Planning Act 1971 nor (without the licence in
writing of the Landlord first obtained) to make any
application to a local planning authority for permission to
carry out any such development
Compliance with (19) (A) Not to do or permit or suffer to be done or
Statutory omit or permit or suffer to be omitted any act matter or
Obligations thing in or respecting the demised premises which by virtue
of any Acts of Parliament (including the Town and Country
Planning Acts and the Offices Shops and Railway Premises Act
1963) or any Regulations made thereunder or which by virtue
of any Bye-laws or Regulations of any local or other
authority (including any Bye-laws and Regulations as to
permitting or suffering any form of industrial or other
effluent or polluting or offensive matter to enter the
drains sewers and watercourses of the Estate) ought in any
case to be done or not to be done or which shall contravene
any provision of the said Acts Regulations or Bye-laws and
to indemnify and keep indemnified the Landlord against all
actions proceedings costs expenses claims and demands in
respect of any such act matter or thing contravening
provisions of the said Acts Regulations or Bye-laws as
aforesaid
(B) To comply with such provisions of the Town and
Country Planning Acts and any other Acts of Parliament as
shall from time to time be relevant to the occupation and
use of the demised premises
(20) Not at any time during the said term without the
licence in writing of the Landlord first obtained to enter
into any agreement with a local planning authority under
Section 52 of the Town and Country Planning ▇▇▇ ▇▇▇▇
(7)
Consent of (21)(A) - Not to assign underlet or part with the
Landlord to possession of the demised premises or any part thereof
dealings with the without the previous consent in writing of the Landlord (but
whole; and such consent shall not be unreasonably withheld to an
surrender assignment or underletting of the whole of the said premises
provisions to a respectable and responsible assignee or undertenant)
nor without such consent to permit or suffer any such
dealing with or under a permitted underlease or other
derivative interest in respect of the whole of the demised
premises PROVIDED ALWAYS that should the Tenant desire to
assign underlet or part with the possession of the demised
premises as a whole it shall before doing so offer in
writing to the Landlord to surrender this Lease without any
consideration at the expiration of four months from the
receipt of such offer and the Landlord may by notice in
writing to the Tenant accept such offer at any time within
twenty-one days from the receipt thereof but otherwise shall
be deemed to have rejected it PROVIDED ALSO that any such
acceptance shall be without prejudice to the rights and
remedies of the Landlord in respect of any rent in arrear or
any breach of any of the covenants conditions or agreements
herein contained and on the part of the Tenant to be
observed and performed
Registration with (B) Within one month after the execution of any
the Landlord of assignment mortgage charge or underlease of the whole or any
dealings part of the demised premises or any assignment mortgage or
charge of such underlease to produce or to procure the
production of such assignment mortgage charge or underlease
to the Landlord (together with a copy thereof for retention
by the Landlord) in order that the Landlord may place on
such assignment mortgage charge or underlease a memorandum
of the registration thereof and to pay to the Landlord the
sum of four pounds on the occasion of each such registration
on account of the expenses thereof
Re-letting at end (22) To permit the Landlord or its agents at any time
of term within three months next before the expiration or sooner
determination of the said term to enter upon the demised
premises and to affix upon any suitable part thereof a
notice board for reletting the same and not to remove or
obscure the same and to permit all persons by order in
writing of the Landlord and its agents to view the demised
premises at reasonable times during business hours in the
daytime
Development of (23) To permit the Landlord at any time during the said
Adjacent term to erect rebuild or alter any building or erections
premises facing adjoining or near to the demised premises to any
extent and in any manner it may think fit notwithstanding
that the building so erected rebuilt or altered may obstruct
or interfere with any
(8)
right of light or air for the time being appertaining to or
enjoyed with the demised premises or any part thereof or any
building for the time being thereon
Section 146 (24) To pay all costs charges and expenses (including
Notices solicitors' costs and surveyors' fees) incurred by the
Landlord for the purpose of or incidental to the preparation
and service of a notice under Section 146 of the Law of
Property ▇▇▇ ▇▇▇▇ requiring the Tenant to remedy a breach of
any of the covenants herein contained notwithstanding
forfeiture for such breach shall be avoided otherwise than
by relief granted by the court
Landlord's (25) To pay the Landlord's solicitors' proper costs of
Solicitors' costs and incidental to the negotiation preparation and completion
(if employed in of this Lease and a counterpart thereof and the stamp duties
the matter) thereon
3. THE Landlord HEREBY COVENANTS with the Tenant:-
Quiet enjoyment (1) That the Tenant paying the several rents hereby
reserved and performing and observing the several covenants
conditions and agreements herein contained and on its part
to be performed and observed shall and may peaceably and
quietly hold and enjoy the demised premises during the said
term without any lawful interruption or disturbance by the
Landlord or any person rightfully claiming through or under
it
Schedule of (2) To observe and perform the several covenants
Additional conditions and agreements (if any) set out in Part II of the
Covenants Schedule of Additional Covenants as if the same were
included in this Clause 3
Reinstatement (3) That if the rents hereby reserved or a proportion
in case of damage thereof shall fall to be suspended under the provisions of
by Insured Perils Clause 4 (2) (A) hereof (destruction or damage by the said
perils) the Landlord will with all convenient speed (save to
the extent delayed or prevented either by labour disputes
affecting any trade upon which the Landlord may be reliant
for fulfilment of this covenant or by exceptionally
inclement weather or by further destruction or damage by any
of the said perils or by force majeure) either repair and
reinstate the demised building described in the First
Schedule hereto or (at its option) replace the same with a
comparable building PROVIDED ALWAYS-
(A) The Tenant shall have foreborn (as it hereby agrees
with the Landlord so to do in consideration of this covenant
on the part of the Landlord) from requesting any insurance
office concerned to cause insurance moneys to be expended
towards rebuilding reinstating or repairing the demised
building
(9)
(B) All necessary licences certificates approvals
permissions and like consents shall have been obtained so as
to enable the said works and the Landlord and the Tenant
hereby agree to use their respective best endeavours to
obtain the same with all convenient speed so far as within
the province of each
Re-possession on 4. PROVIDED ALWAYS and it is hereby agreed and declared
Tenant's Default as follows :-
(1) If and whenever the said yearly or other rents
hereby reserved or any of them or any part thereof shall be
in arrear for twenty-one days after the same shall have
become due (whether any legal demand therefor shall have
been made or not) or if and whenever the Tenant shall at any
time fail or neglect to perform or observe any of the
covenants conditions or agreements herein contained and on
its part to be observed and performed or if the Tenant
either shall enter into liquidation whether compulsory or
voluntary (not being a voluntary liquidation for the purpose
of reconstruction only) or (being an individual) shall
become bankrupt or if the Tenant shall make any arrangement
or composition with creditors or suffer any distress or
execution to be levied on property of the Tenant or have an
incumbrancer take possession or a receiver appointed in
respect of the same then and in any such case it shall be
lawful for the Landlord (or any person or persons duly
authorised by it in that behalf) to re-enter into or upon
the demised premises (or any part thereof in the name of the
whole) and peaceably to hold and enjoy the same thenceforth
as if this Lease had not been made but without prejudice to
the rights and remedies of the Landlord in respect of any
rent in arrear or any breach of any of the covenants
conditions or agreements herein contained and on the part of
the Tenant to be observed and performed
Benefit of (2)(A) The benefit of any insurance effected by the
Insurance and Landlord shall belong to the Landlord but if the demised
abatement of rent building described in the First Schedule hereto or any part
thereof shall at any time be destroyed or so damaged by any
of the said perils as to be unfit for occupation or use then
and in every such case (unless any policy of insurance
against damage by any of the said perils to the demised
building shall have been forfeited or invalidated by the act
or default of the Tenant or unless the Tenant shall have
failed to pay within twenty-eight days after demand therefor
the whole of any additional rent as last mentioned in Clause
1 hereof) the rents hereby reserved or a fair and just
proportion thereof according to the nature and extent of the
damage sustained shall until the demised building shall have
been repaired or replaced by a comparable building and made
fit for occupation or use be suspended and cease to be
payable
(10)
Right to (B) If all necessary licences and other like consents
terminate Lease shall not be obtained (as and in manner referred to in
Clause 3 (3) (B) hereof) within two years after the event
giving rise to an abatement of rent pursuant to this
sub-clause (2) then until the same shall have there-after
been so obtained either party may give to the other not less
than two months nor more than six months' notice in writing
determining this Lease and upon the expiration of such
notice the term created hereby shall so determine but
without prejudice to any rights and remedies of the Landlord
in respect of any rent in arrear or any breach of any of the
covenants conditions or agreements herein contained and on
the part of the Tenant to be observed and performed
Definitions (3) (A) The provisions of this paragraph shall apply
except where the context forbids The expression "the
Landlord" herein shall be deemed to include the party hereto
of the first part and its assigns or other the person or
persons for the time being entitled to the reversion of the
demised premises expectant on the determination of the said
term The expression "the Tenant" herein shall be deemed to
include not only the party hereto of the second part but
also its permitted assigns or other the person or persons in
whom the said term shall for the time being be vested and
further shall be deemed to include two or more joint lessees
and in such case the covenants on the part of the Tenant
herein shall be joint and several covenants on the part of
such lessees A neuter gender in the singular is ascribed to
the Tenant herein but shall be deemed to include the plural
or the other genders if the case so requires The expression
"the Sureties" herein shall be deemed to include not only
the party hereto of the third part but also such other
person or persons (individual or corporate as shall enter
into a Deed supplemental hereto under-taking to the
satisfaction of the Landlord (evidenced by its execution of
such Deed or otherwise expressly in writing) the obligations
set out in the Surety Schedule Any expression of the plural
in relation to the Sureties shall include the singular in
the case of one only
(B) In this Lease the expression "Town and Country
Planning Acts" shall be deemed to include the Town and
Country Planning Acts 1962 to 1971 and any enactment
substituted for or amending those Acts and any statutory
instruments regulations or orders having force from time to
time under such Acts or enactments
(C) In this Lease the expression "comparable building"
shall mean a building generally similar in concept and
function to that which it shall replace and (having regard
to then prevailing
( 11 )
requirements and principles of good estate planning) of the
like order of size and being in or about the same position
as its predecessor
(D) The marginal annotations hereto shall not be prayed
in aid of nor affect the construction of the provisions of
this Lease
Rental (4) (A) The yearly rent whether as firstly hereby
Adjustments reserved or as substituted pursuant to the provisions of
sub-clause (5) hereof shall be increased or decreased from
time to time according to any increase or decrease in the
index figure first published for all manufactured products
in the new series of the index numbers of wholesale prices
for home market sales for the month of June in the base year
(which expression shall mean in this sub-clause as the case
may require the later of the year One thousand nine hundred
and seventy- seven or of the calendar year of the latest
increase of rent pursuant to the provisions of sub-clause
(5) hereof) as shown in the Monthly Digest of Statistics
issued by the Central Statistical Office such increase or
decrease to be computed in manner following that is to say:
If the index figure first published for the month of June in
any year during the said term subsequent to the base year
and not itself being a base year shall be more or less than
the said index figure for the month of June in the base year
by not less than two per centum of the index figure of 100
for the year 1970 the said yearly rent shall as from the
quarter day next following be increased or decreased by such
an annual sum as shall bear the same ratio to the said
yearly rent as the difference between the said index figure
first published for the month of June in the base year and
the index figure first published for the month of June in
that subsequent year bears to the said index figure for the
month of June in the base year
(B) The expression "Monthly Digest of Statistics issued
by the Central Statistical Office" in paragraph (A) of this
sub-clause shall be deemed to include any similar Government
publication hereafter issued in lieu thereof and if the
index figure for the said products in the new series of the
said index numbers of wholesale prices for home market sales
shall cease to be published shall include any letter written
by a Government Department which gives the relevant figure
or figures and if by reason of the non-publication of the
relevant statistics or the refusal of any Government
Department to disclose them or for any other reason it shall
become impracticable to give effect to the provisions of
paragraph (A) of this sub-clause by reference to official
Government statistics or otherwise as aforesaid then the
statistics relating to
( 12 )
wholesale prices for home market sales obtainable from one
or more publications issued by responsible organisations
(such publication or publications to be chosen by agreement
between the parties hereto or failing such agreement by the
President for the time being of the London Chamber of
Commerce) shall be utilised for the purpose of giving effect
to variations of rent in accordance with the provisions of
paragraph (A) of this sub-clause
(C) If any dispute or question shall arise between the
parties hereto with respect to their respective rights or
liabilities or otherwise under paragraphs (A) and (B) of
this sub-clause (4) the same shall be referred to the
decision of two referees or their umpire pursuant to the
Arbitration ▇▇▇ ▇▇▇▇ or any statutory re-enactment or
modification thereof for the time being in force
Quinquennial (5) (A) The Landlord shall be entitled to give to the
Rent Review Tenant not more than fifteen nor less than six months'
notice in writing expiring at or after the end of the fifth
year and/or the tenth year and/or the fifteenth year and/or
the twentieth year of the said term requiring the current
yearly rent to be increased or (as the case may be) further
increased PROVIDED that and notwithstanding the following
provisions of this sub-clause (but without prejudice to the
operation of sub-clause (4) hereof) the current yearly rent
shall continue to be payable hereunder unless or until
either agreed or determined to be increased under such
provisions to a sum in excess of the current yearly rent In
this sub-clause the expression "current yearly rent" shall
mean the yearly rent payable hereunder as it may for the
time being have been increased under the provisions of this
sub-clause or the provisions of sub-clause (4) hereof or
decreased under the latter provisions
(B) Upon the expiration of such a notice there shall be
substituted for the current yearly rent such an increased
yearly rent as the Landlord and the Tenant may agree within
two months after the giving of the notice or as in default
of such agreement may be fixed by a single arbitrator
(C) The arbitrator referred to in sub-paragraph (B)
hereof shall in default of agreement between the Landlord
and the Tenant as to his appointment be appointed at the
request of either party by the President for the time being
of the Royal Institution of Chartered Surveyors
(D) The arbitrator shall determine the rent for the
demised premises as the fair rack rent at which (having
regard to the terms of this Lease other than those relating
to rent) the demised premises might reasonably be expected
to be let with vacant
( 13 )
possession in the open market by a willing lessor to a
willing lessee for a term of so much of the said term as
shall remain at the expiration of such notice and
disregarding-
(i) any effect on rent of the fact that the Tenant
has previously been in occupation of the demised
premises
(ii) any goodwill attaching to the demised premises
by reason of the carrying on thereat of the business of
the Tenant
(iii) any effect on rent of any improvement carried
out by the Tenant or a predecessor in title of the
Tenant otherwise than in pursuance of an obligation to
the Landlord
(iv) any destruction or damage by the said perils
affecting the demised premises at the expiration of
such notice and the provisions of the Arbitration ▇▇▇
▇▇▇▇ or any statutory re-enactment or modification
thereof for the time being in force shall apply to all
of such arbitrations
(E) Within one month after an increased yearly rent
pursuant to paragraph (A) shall have been come to under the
provisions of this sub-clause (5) (and so often as the same
shall happen) the parties hereto shall for the purpose of
record (each party bearing their own costs and the Stamp
Duty on their respective parts) enter into a Deed in the
terms of the pro-forma Deed annexed hereto
5. THE Sureties in consideration of the demise herein
contained having been made at their request hereby covenant
and agree with the Landlord (to the intent that if the
expression "the Sureties" comprises one or more individuals
or bodies corporate such covenants and agreements shall be
joint and several and to the intent that no forbearance
release or other like act on the part of the Landlord
hereunder in relation to any one or more of the Tenant and
the Sureties shall discharge the remainder of them from
liability hereunder) in the terms set out in Part II of the
Surety Schedule
IN WITNESS whereof the parties hereto have respectively
duly executed these presents the date first above written.
( 14)
The Pro-Forma Deed referred to in Clause 4 (5) (E) of this
Lease
THIS MEMORANDUM and DEED of RECORDATION is made pursuant and
supplemental to the within-written Lease (" the Lease ") on
the of 19
BETWEEN
(1) (" the Landlord ") and
(2) (" the Tenant ") and
(3) (" the Sureties ")
and Witnesseth that the parties hereto (either being the
original parties to the Lease or falling within the
definitions expressed in Clause 4 (3) (A) of the Lease)
CONFIRM AND DECLARE THAT the increased yearly rent payable
pursuant to the provisions of Clause 4 (5) of the Lease as
from the end of the [ ] year of the term granted by the
Lease is _______________ pounds
IN WITNESS whereof the parties hereto have respectively
duly executed these presents the date first above written
THE SURETY SCHEDULE
PART I
(Names and addresses of the Sureties)
ELECTRO MECHANISMS HOLDINGS LIMITED
whose registered office is at ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇
▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇
(15)
PART II
(the covenants and agreements of the Sureties as referred to
in Clause 5 of this Lease)
1. THAT the Tenant shall and will at all times during the continuance of
the Lease pay the respective rents and other sums of money thereby reserved and
made payable and observe and perform the covenants therein contained and on the
part of the Tenant to be observed and performed and that if the Tenant shall
make default in payment of the said rents and other sums of money or any part
thereof at the time thereby fixed for payment thereof or in observing and
performing the said covenants or any of them then and in every such case the
Sureties will pay the said rents and other sums of money or observe and perform
any covenants in respect whereof the Tenant shall be in default as aforesaid and
will pay and make good to the Landlord all losses and costs and expenses
sustained by the Landlord by reason of the default of the Tenant PROVIDED that
notwithstanding the forbearance by the Landlord to enforce against the Tenant
the payment of the said rents and other sums of money or the observance or
performance of the Tenant's covenants or the giving of any time by the Landlord
to the Tenant in relation thereto the Sureties and their respective estates
effects and other assets shall not thereby be discharged from liability under
the foregoing covenant
2. THAT if the Tenant shall become bankrupt or (being a Company) shall be
wound up and its Receiver or Liquidator shall disclaim the Lease and if the
Landlord shall within three months after such disclaimer by notice in writing
require the Sureties to accept a Lease of the demised premises for a term
commensurate with the residue which if there had been no disclaimer would have
remained of the term granted by the Lease at the same rent and under the like
covenants and conditions as are reserved by and contained in the Lease (the said
new Lease and the rights and liabilities thereunder to take effect as from the
date of the said disclaimer) then and in such case the Sureties shall accept
such Lease accordingly and execute a Counterpart thereof
(16)
THE SCHEDULE OF ADDITIONAL COVENANTS
(IF ANY)
PART I
FURTHER COVENANTS ON THE PART OF THE TENANT AS REFERRED TO IN CLAUSE 2 (3) OF
THIS LEASE
(26) To take from the Landlord all electricity and water required by the
Tenant on the demised premises during the said term so long as the Landlord
shall be willing and able to maintain or procure a supply thereof to the Tenant
upon the terms and conditions of the regulations prescribed by the Landlord in
reference thereto from time to time in force and at the prices from time to time
in force on the Estate (PROVIDED ALWAYS that such supply shall not exceed the
quantities which shall be agreed in the appropriate application therefor
accepted by the Landlord) and as additional rent paying to the Landlord
therefore the Landlord's charges as calculated from time to time in respect of
electricity and water supplied at such prices as aforesaid during each calendar
month and rendered at or about the end of such month and payable during the
succeeding month thereto
(27) Not to carry on or permit or suffer to be carried on the business of a
licensed victualler retailer of beer wines or spirits restaurant keeper or
caterer (excepting therefrom the keeping of a canteen for the benefit of the
Tenant's employees only) nor to use the demised premises or any part thereof as
a dwelling-house place of amusement theatre cinematograph theatre or for the
carrying on of a motor transport business or any retail business
PART II
FURTHER COVENANTS ON THE PART OF THE LANDLORD AS REFERRED TO IN CLAUSE 3 (2) OF
THIS LEASE
(4) That subject to the terms and conditions of the regulations prescribed
by the Landlord in reference thereto from time to time in force during the said
term and at the prices from time to time in force on the Estate and except when
prevented by the breaking down of or other accident to the machinery conductors
or other apparatus or any part thereof used for the production or supply of
electricity and water and also except when prevented by labour disputes strikes
(whether in the works of the Landlord or those of others on whom the Landlord
may be depending for supplies to fulfill this covenant) force majeure or any
other cause whatsoever it will supply or procure the supply to the Tenant upon
the demised premises at all reasonable times during the said term when so
required to do a supply (not exceeding however the quantities which shall be
agreed in the appropriate application therefor accepted by the Landlord) of
electricity and water
THE FIRST SCHEDULE
------------------
A single storey double span building approximately 81'-3" x 226'-5" x 13'-6"
high to ▇▇▇▇▇ with a two storey office block approximately 82'-0" x 16'-3" at
East, a two storey factory/first floor office block with own toilets, and boiler
house at west approximately 96'-0" x 40'-0" x 20'-0" high, a single storey
annexe at North approximately 14'-9" x 88'-0" housing canteen and toilet
accommodation and a boiler house at North approximately 15'-0" x 22'-0" x 10'-6"
high to ▇▇▇▇▇.
FACTORY:
--------
Brick walls, facing bricks externally, fairfaced internally and painted.
Steel roof trusses and purlins on steel stanchions. Corrugated
asbestos-cement roof sheeting on insulation board. One stretch of patent
glazing in each of four slopes with 12 opening lights.
Galvanised steel gutters and cast iron rainwater downpipes.
One large sliding door with wicket door at North-East.
One large sliding door with wicket door at South-East.
One large sliding door with wicket door at South-West.
Two large sliding doors one with wicket door at West.
One small sliding door at North-West.
Thirty-two large windows with opening lights and five small windows to
toilets at North-East.
External brick porch with timber and felted roof and two small windows at
the South-West personnel entrance.
OFFICE BLOCK AT EAST:
------------------------
Brick walls, facing bricks externally plastered and painted internally,
parapets to roof at North, East and South.
Steel beams and stanchions.
Concrete ground floor, reinforced concrete
first floor and roof with felted finish.
Brick spine wall to factory with four fixed glazed windows to factory at
first floor.
One pair of double panelled timber doors in glazed artificial stone entrance
feature and canopy.
Thirty-four steel windows with opening lights. Reinforced concrete main
staircase.
Steel fire escape stairs and sliding door access to factory from first
floor.
Ground floor partition walls forming entrance hall, female toilet entered
off of factory area, large general office and office at south-east corner
of factory.
- 18 -
First floor walls forming one central general office with individual
offices at North and South.
Sliding glass hatch to ground floor General Office.
Mat in matwell to entrance hall.
Carpet tiles over PVC tiles to hall, ground floor offices, main stairs and
whole of first floor. Five flush doors on ground floor.
Two flush doors on first floor.
TOILETS:
--------
Brick partitions at North-east of factory area approximately 11'-0" x
22'-9" x 10'-0" high forming a cleaners' room female works and male office
toilets.
Timber and wallboard ceiling.
Female office toilet in office area, entered from factory area.
Accommodation:-
-------------
Female: One low level W.C. suite and brick
cubicle with flush door.
One low level W.C. suite and timber
cubicle and flush door.
Two lavatory basins on legs.
White glazed tile splashback.
Timber screens to lavatory basins.
Walls plastered and painted.
Floor PVC tiled.
Flush timber entrance door and closer.
Male Office: One low level W.C. suite in brick
cubicle with flush door.
Two lavatory basins on legs.
One wall urinal bowl, division, cistern
and sparge.
Walls plastered and half tiled.
PVC floor tiles.
One mirror.
Flush entrance door and closer.
Female Works: Two high level W.C. suites in brick
cubicles with flush doors.
Flush timber door from cloakroom. Two
lavatory basins on legs (in cloakroom).
White glazed tiled splashback.
PVC tiled floor.
Painted brickwork.
Flush timber entrance door with closer.
Cleaners' Room: Painted brickwork.
Concrete floor.
Flush timber entrance door.
- 19 -
THE FIRST SCHEDULE (Cont'd.)
------------------
ANNEXE AT NORTH:
------------------
Brick walls, facing bricks externally, brick partitions, plastered and
painted forming male and female toilets, cloakroom, canteen.
Concrete floors with quarry tiles in toilets and cloakroom and PVC tiles in
canteen. Reinforced concrete roof with 3-ply built up roofing, cast iron
gutters and downpipes.
Thirteen galvanised steel windows, One single internal door. Six doors from
factory.
Accommodation :-
-------------
Female Toilet: One high level W. C. suite and full
height brick cubicle with
flush door.
One lavatory basin on legs.
Tiled splashback.
Male Toilets: Five high level W.C. suites and
brick cubicles all with flush
timber doors.
One l0'-0" run of glazed wall
urinal, cistern and sparge.
Brick dividing wall.
Six lavatory basins on legs and
glazed drainage channel.
Tiled splashback.
BOILER HOUSE AT NORTH:
-------------------------
Brick walls, facing brick externally.
Brick flue lined with Fosalsil bricks and fitted with damper door. Three
steel windows, with opening lights at North. One pair of double timber
doors and one small louvre ventilator at east. Corrugated asbestos-cement
roof on steel purlins. Concrete floor.
TWO STOREY SECTION AT WEST:
-------------------------------
Brick external cavity walls, facing bricks externally, open to factory at
ground floor level. Encased steel stanchions and beams supporting first
floor of reinforced concrete beams with surface screed and roof of
reinforced concrete beams with insulating screed, asphalte finish and six
large doomed rooflights. Twenty-four first floor windows all with opening
lights.
Ground Floor:
-------------
Brick partition walls forming boiler house, office and
THE FIRST SCHEDULE (Cont'd.)
------------------
Two reinforced concrete staircases with steel balustrades and plastic
covered steel handrails, ▇▇▇▇ covered treads and risers with non-slop
nosings. PVC tiles to lobby and landing floors. Brick built office on
ground floor at north-west approximately 11'-8" x 7'- 0" painted
fairfaced brickwork, PVC tiled floor and false ceiling. All walls
fairfaced and painted except stair lobbies which are plastered
internally.
Brick flue to boiler house lined with Fosalsil blocks. One half hour
self-closing fire check door to each stair lobby and one external
single flush door from each lobby. Pair of louvred doors externally to
boiler house.
First Floor:
------------
Plastered brick partitions forming office at south-west, two polished
hardwood doors, false tiled ceiling with flush lighting system and
range of polished hardwood cupboards and radiator covers. Plastered
brick partitions forming two stairwells, corridor to toilets, male and
female toilets, private toilet and one office, all plastered and
painted. Office at north-west with tiled false ceiling and inner
sliding double glazing to all windows. One 1-hour fire check self
closing polished hardwood door to each stair lobby. Four polished
hardwood doors to office and toilets with closers to toilet doors.
Office floor at South and South stair area carpet tiled.
Toilet Accommodation:
---------------------
Male Toilet: One low level W. C. suite in cubicle
with polished hardwood door.
One lavatory basin on legs.
Tiled splasbback.
PVC floor tiles.
Female Toilet: One low level W.C. suite in cubicle
with polished hardwood door.
One lavatory basin on legs.
Tiled splasbback.
PC floor tiles.
PRivate Toilet: One low level W.C. suite in melamine
cubicle with matching screen.
One lavatory basin with pedestal.
Wall tiling three-quarter height to
W.C. and lavatory basin areas.
Sheet floor covering.
All sanitary fittings connected to soil drainage and cold water
supplies.
- 21 -
THE FIRST SCHEDULE (Cont'd.)
------------------
FIRE FIGHTING EQUIPMENT:
--------------------------
Ground Floor Office/Entrance:
One 2-gallon water extinguisher.
First Floor Front Offices:
Two 2-gallon water extinguishers.
Factory
Six 2-gallon water extinguishers.
Twelve fire buckets.
Boiler House (North-West):
One 2-gallon foam extinguisher.
Annexe:
One 2-gallon water extinguisher.
First Floor (West) Offices:
Two 2-gallon water extinguishers.
LAND:
-----
North: Shingle surfaced parking for 3 cars adjoining offices.
Shingle surfaced parking for 4 cars adjoining annexe.
Concrete apron to loading doors and between boiler house and
annexe.
South: Shingle surfaced parking for 20 cars. Concrete aprons to
loading doors at east and west.
West: Hoggin surfaced parking for 14 cars and access to loading
doors.
East: Grassed area with ▇▇▇▇▇▇. Shingle surfaced paths. Concrete
path and step to office entrance.
Soil and surface water drainage.
ELECTRICAL INSTALLATION:
-------------------------
Entrance Hall 1 - 4ft. 40w. and 1 - 5ft. 65w. single fluorescent
fittings with diffusers controlled by 2 - 20A
switches.
1 - l3A single switched socket outlet.
Enquiries: 1 - 4ft. 40w. single fluorescent fitting with
diffuser controlled by 1 - 20A switch.
2 - 13A single switched socket outlets
THE FIRST SCHEDULE (Cont'd.)
------------------
Landing:- 1 - 6ft. 85w. single fluorescent fitting with diffuser
controlled by 1 - 20A switch.
Office First 2 - 5ft. 65w. twin fluorescent fittings
Floor (Private 1) with diffusers controlled by 1 - 20A
(Front):- switch.
2 - l3A twin switched socket outlets.
Main Office 10 - 6t. 85w. twin fluorescent fittings
First Floor with diffusers controlled by 2 - 20A
(Front):- switches.
9 - 13A twin switched socket outlets.
Office First 2 - 5ft. 65w. twin fluorescent fittings
Floor (Private 2) with diffusers controlled by 1 - 20A
(Front):- switch.
2 - 13A twin switched socket outlets.
Main Office 10 - 6ft. 85w. single fluorescent fittings
Ground Floor with diffusers, controlled by 2 - 20A
(Front):- switches.
7 - 13A twin switched socket outlets.
Private Office 2 - 5ft. 65w. twin fluorescent fittings
Ground Floor with diffusers controlled by 1 - 20A
(Front):- switch.
2 - 13A twin switched socket outlets.
Toilet (1):- 2 - 5ft. 65w. single fluorescent fitting
and 1 fitting with coolicon shade all
controlled by 3 - 20A switches.
Toilet (2):- 1 - 5ft. 65w. single fluorescent fittings
with diffuser and 1 fitting with coolicon
shade controlled by 2 - 20A switches.
Toilet (3):- 4 - lighting points complete with coolicon
(Male Works): shades controlled by 4 - 20A metal
clad switches.
Utility Room: - 1 - lighting point complete with
coolicon shade controlled by 1 - 20A
switch.
Toilet (4):- 2 - spherical ▇▇▇▇▇▇ fittings controlled
by 1 20A switch.
Washroom:- 2 - spherical ▇▇▇▇▇▇ fittings controlled by 1 - 20A
switch.
Toilet (5) 6 - spherical ▇▇▇▇▇▇ fittings controlled
(works Male):- by 2 - 20A switches.
THE FIRST SCHEDULE (Cont'd.)
------------------
Spare Room: 2 - spherical ▇▇▇▇▇▇ fittings controlled
by 1 - 20A switch.
Canteen: 8 - totally enclosed lighting points, complete
with 60w. lamp controlled by 4 - 20A switches.
Kitchen:- 2 - totally enclosed lighting points,
complete with 60w. lamp controlled
by 1 - 20A switch.
Private Dining Room:- 2 - totally enclosed lighting points,
complete with 60w. lamp controlled by 1 - 20A switch.
First Aid Room:- 1 - 5ft. 65w. single fluorescent
fitting open reflector controlled by
1 - 20A switch.
Side Entrance (West):-1 - 5ft. 65w. single fluorescent
fitting open reflector controlled by
1 - 20A switch.
Landing: - 1 - 5ft. 65w. single fluorescent
fittings open reflector controlled by
1 - 20A switch.
1 - 13A single switched socket outlet.
Toilet Male:- 1 - 5ft. 65w. single fluorescent
fitting and 1 spherical ▇▇▇▇▇▇ fitting
controlled by 1 - 20A switch.
1 - 13A single switched socket outlet.
Toilet Female:- 1 - 5ft. 65w. single fluorescent fitting
and 1 spherical ▇▇▇▇▇▇ fitting
controlled by 1 - 20A switch.
Executive Toilet:- 2 - spherical ▇▇▇▇▇▇ fittings
controlled by 1-20A switch.
1 - 13A single switched socket outlet.
Private Office (1) 2 - 5ft. 65w. twin fluorescent
(Rear):- fitting open reflector controlled by 2 - 20A
switches.
3 - 13A single switched socket outlets.
Private Office (2)2 - 4 tube 6ft. 85w. fluorescent fittings
(Rear):- with decorative diffusers controlled by
2 - 20A switches.
2 - 13A single switc hed socket outlets.
Main Office:- 23 - 5ft. 65w. twin fluorescent fittings
open reflector controlled by 6 - 20A switches.
THE FIRST SCHEDULE (Cont'd.)
------------------
Side Entrance (East):-1 - 6ft. 65w. single fluorescent fitting open
reflector, controlled by 1 - 20A switch.
Landing:- 1 - 5ft. 65w. single fluorescent fitting
open reflector controlled by 1 - 20A switch.
Factory: - 114 - 6ft. 85w. twin fluorescent fittings
open reflectors controlled by 27 - 20A metal
clad switches and 2 contactors.
Factory Extension:- 25 - 6ft. 85w. twin fluorescent fittings open
reflectors controlled by 6 - 20A
metal clad switches.
Boiler House:- 1 - 6ft. 85w. twin fluorescent fittings, open
reflector, controlled by 1 - 20A
metal clad switch.
Control and Protection :-
---------------------------
The installation is balanced over 3-phases and neutral,
comprising a 300A T.P. & N. mainswitch (fuseswitch) 300A T.P. &
N. busbar chamber, 2 - 100A T.P. & N. switchfuse, each
controlling 30A T.P. & N. 6 watt distribution fuseboard. Also 2 -
30A isolators, 1 controlling a 30A T.P. & N. 3 - way distribution
fuseboard and the other controlling a 30A 6-way distribution
fuseboard.
System:-
-------
The installations wired in P.V.C. cable and V.I.R. cable of
reputable manufacture encased in welded steel screwed conduit and
plastic trunking, fully complying with present day good practice
and the regulations of the Institute of Electrical Engineers.
THE COMMON SEAL of )
SLOUGH TRADING ESTATE )
----------------------- )
LIMITED was hereunto affixed)
in the presence of:- )
/S/ Director
/S/ Director
THIS MEMORANDUM and DEED of RECORDATION is made pursuant and supplemental
to the within-written Lease ("the Lease") on the Eighth day of October 1984
BETWEEN
-------
(1) ("the Landlord") SLOUGH TRADING ESTATE LIMITED
and
(2) ("the Tenant") ▇▇▇▇▇▇▇▇▇ ▇. ▇. LIMITED
and WITNESSITH that the parties hereto (either being the original parties
to the Lease or falling within the definitions expressed in Clause 4 (3)
(A) of the Lease) CONFIRM AND DECLARE THAT the increased yearly rent
---------------------------
payable pursuant to the provisions of Clause 4 (5) of the Lease as from the
end of the fifth year of the term granted by the Lease being the
Twenty-fourth day of June One thousand nine hundred and eighty-two is
88,500 (Eighty eight thousand five hundred pounds) per annum
IN WITNESS whereof the parties hereto have respectively duly executed these
presents the date first above written
( THE COMMON SEAL of SLOUGH
( TRADING ESTATE LIMITED was
( hereunto affixed in the presence
( of:-
/S/ Director
/S/ Secretary
Dated [Illegible] 1984.
---------------
SLOUGH TRADING ESTATE LIMITED
- and -
▇▇▇▇▇▇▇▇▇ ▇.▇. LIMITED DATED 14 September 1977
--------------------------
Deed of Endorsement of Rent Review
effective at 24th June 1982.
▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇
▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ LIMITED
TO
SCHAEVITZ E .M. LIMITED
==============================
LEASE
OF
Premises known as Numbers ▇▇▇/▇▇▇
▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇
==============================
▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇
▇▇▇▇▇▇▇ ▇▇▇▇▇,
▇▇▇/▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇,
▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇
▇▇▇▇
▇▇▇▇▇▇
▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇ ▇▇▇/▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇,
▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇.
Lease dated 14th September 1977
BY THIS MEMORANDUM dated the 14th day of July 1992 SLOUGH
TRADING ESTATE LIMITED (as Landlord) and ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ LIMITED (as Tenant)
desire to record the fact that the rent payable under the above mentioned Lease
has been reviewed under the provisions of the Lease and fixed in accordance with
those provisions at 190,000 exclusive per annum from the 24th June 1992.
Signed /S/
---------------------------
Director
for and on behalf of
SLOUGH TRADING ESTATE LIMITED
Slough
Estates
MEMORANDUM OF RENT REVIEW
Premises: Building ▇▇▇/▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇
▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇
Date of Lease 14th September 1977
BY THIS MEMORANDUM dated the 26th day of November 1998 SLOUGH
TRADING ESTATE LIMITED (as Landlord) and ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ LIMITED (as Tenant)
desire to record the fact that the rent payable under the above mentioned Lease
has been reviewed under the provisions of the Lease and fixed in accordance with
those provisions at 205,000 exclusive per annum from the 24th June 1998
Signed /S/
---------------------------
Director
For and on behalf of
SLOUGH TRADING ESTATE LIMITED
