Perpetuity Period definition

Perpetuity Period means the period of 80 years commencing on the date of this Lease being the perpetuity period for the purposes of Section 1 of the Perpetuities and Accumulations ▇▇▇ ▇▇▇▇ applicable to this Lease
Perpetuity Period means the period of 80 years from 2 December 1974 plus such further period as may be lawful, including any period during which the trusts of the scheme are exempt from the application of the rule against perpetuities. The entire such period shall be the perpetuity period for the purposes of the scheme under the rule against perpetuities for the purposes of section 1 of the Perpetuities and Accumulations Act 1964.
Perpetuity Period means a period of eighty years from the date hereof

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.


More Definitions of Perpetuity Period

Perpetuity Period means the period beginning on the date hereof and expiring on the sooner of eighty years from the date hereof and the Termination of the Term
Perpetuity Period means the period that commences on the date of this Deed and ends eighty (80) years less one (1) day after the date of this Deed, that period being the period spe- cified for the purposes of section 6 of the Perpetuities Act 1964, or (if another period is specified in legislation) that other period;
Perpetuity Period means the period commencing today and expiring EIGHTY (80) years after today
Perpetuity Period means the period commencing on the date of this Lease and ending on the expiration of twenty one years from the day of the death of the last survivor of the issue living of His Late Britannic Majesty King ▇▇▇▇▇▇ ▇. INTERPRETATION:-
Perpetuity Period means the period commencing on the date of this Lease and ending at the expiration of twenty years from the date of the death of the last survivor of the issue now living of the late President of Ireland ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇.
Perpetuity Period means, for the purposes of clause 23, the period that commences on the date of this Deed and ends:
Perpetuity Period eighty years from the date hereof;