Perpetuity Period definition
Examples of Perpetuity Period in a sentence
The right for the Landlord, in common with the Tenant and all others having the like right, to the free and uninterrupted use of and the passage of the Utilities through Service Media which now are or may at any time during the Perpetuity Period be in under or over the Premises.
The rights hereby granted and reserved shall only take effect insofar as they are ascertained within the Perpetuity Period.
The right to the free passage and running of water sewage surface water drainage gas electricity telecommunications and other services or supplies to and from the Car Park or any Adjoining Property in and through any of the Pipes which may at any time during the Perpetuity Period be in under or passing through or over the Premises.
If any term of provisions of this Indenture would but for this provision be void in whole or in part under the rule against perpetuities then such term or provision or part shall to that extent be read and construed as if there had been included therein a restriction limiting the vesting of future interest in property thereby purported to be vested to the Perpetuity Period.
Perpetuity Period The perpetuity period under the rule against perpetuities, if applicable to this Deed, shall be the period of eighty years from the date of this Deed.