Common use of Provisos Clause in Contracts

Provisos. 7.1 Forfeiture 7.1.1 the Tenant fails to pay any of the rents payable under this lease within 21 days of the due date (whether or not formally demanded); or 7.1.2 the Tenant or Guarantor breaches any of its obligations in this lease; or 7.1.3 the Tenant or Guarantor being a company incorporated within the United Kingdom (i) has an Administration Order made in respect of it; or (ii) passes a resolution, or the Court makes an Order, for the winding up of the Tenant or the Guarantor, otherwise than a member’s voluntary winding up of a solvent company for the purpose of amalgamation or reconstruction previously consented to by the Landlord (consent not to be unreasonably withheld); or (iii) has a receiver or administrative receiver or receiver and manager appointed over the whole or any part of its assets or undertaking; or (iv) is struck off the Register of Companies; or (v) is deemed unable to pay its debts within the meaning of Section 123 of the Insolvency ▇▇▇ ▇▇▇▇; or 7.1.4 proceedings or events analogous to those described in Clause 7.1.3 shall be instituted or shall occur where the Tenant or Guarantor is a company incorporated outside the United Kingdom; or 7.1.5 the Tenant or Guarantor being an individual: (i) has a bankruptcy order made against him; or (ii) appears to be unable to pay his debts within the meaning of Section 268 of the Insolvency ▇▇▇ ▇▇▇▇; then the Landlord may re-enter the Property or any part of the Property in the name of the whole and forfeit this lease and the Term created by this lease shall immediately end, but without prejudice to the rights of either party against the other in respect of any breach of the obligations contained in this lease;

Provisos. 7.1 Forfeiture 7.1.1 the Tenant fails to pay any of the rents payable under this lease within 21 days of the due date (whether or not formally demanded); or 7.1.2 the Tenant or Guarantor breaches any of its obligations in this lease; or 7.1.3 the Tenant or Guarantor being a company incorporated within the United Kingdom (i) has an Administration Order made in respect of it; or (ii) passes a resolution, or the Court makes an Order, for the winding up of the Tenant or the Guarantor, otherwise than a member’s 's voluntary winding up of a solvent company for the purpose of amalgamation or reconstruction previously consented to by the Landlord (consent not to be unreasonably withheld); or (iii) has a receiver or administrative receiver or receiver and manager appointed over the whole or any part of its assets or undertaking; or (iv) is struck off the Register of Companies; or (v) is deemed unable to pay its debts within the meaning of Section 123 of the Insolvency ▇▇▇ ▇▇▇▇; or 7.1.4 proceedings or events analogous to those described in Clause 7.1.3 shall be instituted or shall occur where the Tenant or Guarantor is a company incorporated outside the United Kingdom; or 7.1.5 the Tenant or Guarantor being an individual: (i) has a bankruptcy order made against him; or (ii) appears to be unable to pay his debts within the meaning of Section 268 of the Insolvency ▇▇▇ ▇▇▇▇; then the Landlord may re-enter the Property or any part of the Property in the name of the whole and forfeit this lease and the Term created by this lease shall immediately end, but without prejudice to the rights of either party against the other in respect of any breach of the obligations contained in this lease;

Provisos. 7.1 Forfeiture 7.1.1 the Tenant fails to pay any of the rents payable under this lease within 21 days of the due date (whether or not formally demanded); or 7.1.2 the Tenant or Guarantor breaches any of its obligations in this lease; or 7.1.3 the Tenant or Guarantor being a company incorporated within the United Kingdom (i) has an Administration Order made in respect of it; or (ii) passes a resolution, or the Court makes an Order, for the winding up of the Tenant or the Guarantor, otherwise than a member’s voluntary winding up of a solvent company for the purpose of amalgamation or reconstruction previously consented to by the Landlord (consent not to be unreasonably withheld); or (iii) has a receiver or administrative receiver or receiver and manager appointed over the whole or any part of its assets or undertaking; or (iv) is struck off the Register of Companies; or (v) is deemed unable to pay its debts within the meaning of Section 123 of the Insolvency ▇▇▇ ▇▇▇▇Act 1986; or 7.1.4 proceedings or events analogous to those described in Clause 7.1.3 shall be instituted or shall occur where the Tenant or Guarantor is a company incorporated outside the United Kingdom; or 7.1.5 the Tenant or Guarantor being an individual: (i) has a bankruptcy order made against him; or (ii) appears to be unable to pay his debts within the meaning of Section 268 of the Insolvency ▇▇▇ ▇▇▇▇Act 1986; then the Landlord may re-enter the Property or any part of the Property in the name of the whole and forfeit this lease and the Term created by this lease shall immediately end, but without prejudice to the rights of either party against the other in respect of any breach of the obligations contained in this lease;

Provisos. 7.1 Forfeiture 7.1.1 the Tenant fails to pay any of the rents payable under this lease within 21 days of the due date (whether or not formally demanded); or 7.1.2 the Tenant or Guarantor breaches any of its obligations in this lease; or 7.1.3 the Tenant or Guarantor being a company incorporated within the United Kingdom (i) has an Administration Order made in respect of it; or (ii) passes a resolution, or the Court makes an Order, for the winding up of the Tenant or the Guarantor, otherwise than a member’s voluntary winding up of a solvent company for the purpose of amalgamation or reconstruction previously consented to by the Landlord (consent not to be unreasonably withheld); or (iii) has a receiver or administrative receiver or receiver and manager appointed over the whole or any part of its assets or undertaking; or (iv) is struck off the Register of Companies; or (v) is deemed unable to pay its debts within the meaning of Section 123 of the Insolvency ▇▇Ac▇ ▇▇▇▇; or 7.1.4 proceedings or events analogous to those described in Clause 7.1.3 shall be instituted or shall occur where the Tenant or Guarantor is a company incorporated outside the United Kingdom; or 7.1.5 the Tenant or Guarantor being an individual: (i) has a bankruptcy order made against him; or (ii) appears to be unable to pay his debts within the meaning of Section 268 of the Insolvency ▇▇Ac▇ ▇▇▇▇; then the Landlord may re-enter the Property or any part of the Property in the name of the whole and forfeit this lease and the Term created by this lease shall immediately end, but without prejudice to the rights of either party against the other in respect of any breach of the obligations contained in this lease;