Further Lease definition

Further Lease means a lease of the Property in the form of the draft annexed to this Lease at Schedule 1.

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Further Lease as defined in clause 8.6, it must first serve written notice to that effect (the “Option Notice”) on the Lessor not less than 6 months prior to the expiry of the Term.

Further Lease means a lease entered into subsequent to this Lease for the Further Term.

Examples of Further Lease in a sentence

• The Agreement will continue after the end of the Lease Term for a Further Lease Term period under clause 1.6 at the same Rental Payment rate and payment frequency, unless terminated by either one of us in accordance with the terms of this Agreement.

• You may terminate the Agreement by giving us written notice at least three months before the end of the Lease Term or the Further Lease Term.

• The break clause to be included at clause 6.8. of the second Further Lease shall provide that where the Tenant exercises such break clause it shall be deemed to have also exercised the break clauses in the Primary Lease and in the first Further Lease respectively.

• For any other party at least 3 months before the end of the Lease Term payment methods the Lessor may charge an amount of or before the end of the Further Lease Term, see 1.6 of the $ 12.00 exc.

• On completion with Citywest the credit under this heading may be dealt with by way of a rent abatement in respect of the Further Lease or alternatively shall be by means of a refund of the proportion of the Option Price paid.

More Definitions of Further Lease

Further Lease means the Indenture of Lease substantially in the form of the Primary Lease (mutatis mutandis) and varied according to this Agreement to be entered into between Irish Life, the Tenant and the Surety in respect of the Additional Accommodation and where the context so requires shall include any further Lease so entered into pursuant to the provisions of this Agreement.

Further Lease means a lease to be granted by the Lessor to the Tenant pursuant to this clause 8.6 on the same terms as this Lease but subject to the following:

Further Lease means a lease of the Property for a further term of 25 years to be granted pursuant to the New Lease.