Exclusion of statutory compensation Sample Clauses

Exclusion of statutory compensation. Any statutory right of the Tenant, or any undertenant, to claim compensation from the Landlord or any superior landlord on leaving the Premises is excluded to the extent that the law allows.
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Exclusion of statutory compensation. The Tenant will not be entitled on quitting the Premises to any compensation under section 37 of the 1954 Act.
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Exclusion of statutory compensation. Except where any statute prohibits or modifies the right of the Tenant to compensation being reduced or excluded by agreement, neither the Tenant nor any undertenant (whether immediate or not) shall be entitled, on quitting the Premises or any part of them, to claim any compensation from the Landlord under the Landlord and Tenant Act ▇▇▇▇.
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Exclusion of statutory compensation. 17 10. INSURANCE..........................................................................................17
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Exclusion of statutory compensation. Subject to the provisions of sub-section (2) of Section 38 of the Landlord and Tenant Act 1954 as amended by the Law of Property Act 1969 the Tenant shall not be entitled on quitting the Demised Premises to any compensation under Sections 37 and 59 of the Landlord and Tenant Act 1954
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Exclusion of statutory compensation. Except where any statutory provision prohibits or modifies the right of the Tenant to compensation being reduced or excluded by agreement neither the Tenant nor any undertenant (whether immediate or not) shall he entitled on quitting the Demised Premises or any part thereof to claim any compensation from the Landlord under the Landlord and ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇ or any other act which may replace it or any other act which is the future provides for the Tenant to be compensated upon quitting the Demised premises.
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Exclusion of statutory compensation. The Tenant will not be entitled on quitting the Premises to any compensation under section 37 of the Landlord and Tenant Act 1954.
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Exclusion of statutory compensation. Any statutory right of the Tenant, or any undertenant, to claim compensation from the Landlord or any superior landlord on leaving the Premises is excluded to the extent that the law allows. 10. INSURANCE 10.1 Landlord’s obligations relating to insurance 10.1.1 The Landlord shall use reasonable endeavours to procure the insurance of the Building by the Superior Landlord in terms of the Headlease or (at the Landlord’s sole option) shall insure the Building, other than any part installed by or on behalf of the Tenant or any undertenant, against the Insured Risks. 10.1.2 Any insurance taken out by the Landlord in terms of this clause 10 shall be through an agency chosen by the Landlord. 10.1.3 The Landlord shall, at the request of the Tenant, at reasonable intervals of time, and on payment by the Tenant of a reasonable fee, produce details of the terms of the current insurance policy and the fact that the policy is subsisting and in effect. 10.1.4 If the whole of the Premises or any part or the means of access over the Building to the Premises or any Service Media over which the Tenant exercises rights granted by this Lease are destroyed or damaged by an Insured Risk then except to the extent that payment of the insurance monies is validly refused in whole or in part pursuant to the terms of the policy because of the act or default of the Tenant or any permitted occupier or their respective servants agents licensees or visitors and subject to obtaining all necessary planning and other consents and to the necessary labour and materials being and remaining available: (a) where the Superior Landlord insures to use reasonable endeavours to procure that the Superior Landlord shall submit and diligently pursue the appropriate claim for and shall make available to the Landlord the proceeds of such insurance (other than in respect of Loss of Rent); and (b) the Landlord in all circumstances shall comply with the terms of clause 4.3.2.2 of the Headlease.
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Related to Exclusion of statutory compensation

  • Compensation and Limitation of Liability 15 Section 1.

  • Compensation and Limitation of Liability of Trustees Compensation ------------ Section 1. The Trustees as such shall be entitled to reasonable ---------- compensation from the Trust; they may fix the amount of their compensation. Nothing herein shall in any way prevent the employment of any Trustee for advisory, management, legal, accounting, investment banking, underwriting, brokerage or other services and payment for the same by the Trust. Limitation of Liability ----------------------- Section 2. The Trustees shall not be responsible or liable in any event ---------- for any neglect or wrongdoing of any officer, agent, employee, adviser, sub- adviser, manager or principal underwriter of the Trust, nor shall any Trustee be responsible for the act or omission of any other Trustee, but nothing herein contained shall protect any Trustee against any liability to which he or she would otherwise be subject by reason of willful misfeasance, bad faith, gross negligence or reckless disregard of the duties involved in the conduct of his or her office. Every note, bond, contract, instrument, certificate, Share or undertaking and every other act or thing whatsoever executed or done by or on behalf of the Trust or the Trustees or any of them in connection with the Trust shall be conclusively deemed to have been executed or done only in or with respect to their or his or her capacity as Trustees or Trustee, and such Trustees or Trustee shall not be personally liable thereon.

  • Compensation of OFI The Fund agrees to pay OFI and OFI agrees to accept as full compensation for the performance of all functions and duties on its part to be performed pursuant to the provisions hereof, a fee computed on the aggregate net assets of the Fund as of the close of each business day and payable monthly at the following annual rates:

  • COMPENSATION OF ULTIMUS The Trust, on behalf of each Fund, shall pay for the services to be provided by Ultimus under this Agreement in accordance with, and in the manner set forth in, Schedule B attached hereto, as such Schedule may be amended from time to time. If this Agreement becomes effective subsequent to the first day of a month or terminates before the last day of a month, Ultimus’ compensation for that part of the month in which the Agreement is in effect shall be prorated in a manner consistent with the calculation of the fees as set forth above. Payment of Ultimus’ compensation for the preceding month shall be made promptly.

  • Survival of Compensation Rates All rights of compensation under this Agreement for services performed as of the termination date shall survive the termination of this Agreement.