Common use of RIGHTS EXCEPTED AND RESERVED Clause in Contracts

RIGHTS EXCEPTED AND RESERVED. 5.1 The following rights are excepted and reserved from this lease to the Landlord, the Management Company and any superior landlord from time to time for the benefit of the Building, Estate and the Landlord’s Neighbouring Property: 5.1.1 rights of light, air, support and protection as those rights are capable of being enjoyed at any time during the term; 5.1.2 the right to use and connect into and re-route any Service Media at, but not forming part of, the Property and the right to install and construct Service Media at the Property to serve any part of the Building or Estate; 5.1.3 the right to attach any scaffolding or other structure to any boundary of the Property; 5.1.4 at any time during the term, the full and free right for the Landlord and/or the Superior Landlord to develop the Estate and any neighbouring or adjoining property in which the Landlord acquires an interest during the term as the Landlord may think fit; 5.1.5 the right to re-route the Common Roads and any means of access to or egress from the Property or to change the areas over which any of the Rights are exercised; 5.1.6 the right to re-route and replace any Service Media over which the Rights mentioned in clause 4.2.10 may be exercised; 5.1.7 the rights reserved to the Superior Landlord under the Superior Leases; and 5.1.8 the right to enter the Property: 5.1.8.1 to repair, maintain, install, construct, re-route or replace any Service Media or structure relating to any of the Reservations; 5.1.8.2 inspect and record the condition of the Property or other parts of the Building and to carry out works to any other Lettable Unit or any part of the Estate; 5.1.8.3 for any other purpose mentioned in or properly connected with this lease, the Superior Leases, the Reservations, any Third Party Right and/or the interests ​ of the Landlord and any superior reversionary interest in any Landlord’s Neighbouring Property; notwithstanding that the exercise of any of the Reservations or the works carried out pursuant to them result in a reduction in the flow of light or air to the Property or loss of amenity for the Property Provided That they do not materially adversely affect the use and enjoyment of the Property for the Permitted Use 5.2 The Reservations may be exercised by the Landlord, the Management Company, the Superior Landlord and by anyone else who is or becomes entitled to exercise them and by anyone authorised by the Landlord. 5.3 The Tenant shall allow all those entitled to exercise any right to enter the Property, to do so with their workers, contractors, agents and professional advisors, and to enter the Property at any reasonable time (during usual business hours other than in the case of an emergency) and, except in the case of an emergency, after having given reasonable notice (which need not be in writing) to the Tenant. 5.4 No party exercising any of the Reservations, nor its workers, contractors, agents and professional advisors, shall be liable to the Tenant or to any undertenant or other occupier of or person at the Property for any loss, damage, injury, nuisance or inconvenience arising by reason of its exercising any of those Reservations except for: 5.4.1 physical damage to the Property; or 5.4.2 any loss, damage or injury arising by reason of the negligence of the Landlord or the party exercising the Reservations; 5.4.3 any loss, damage, injury, nuisance or inconvenience in relation, to which the law prevents the Landlord from excluding liability.

Appears in 1 contract

Sources: Lease Agreement (Vaccitech PLC)

RIGHTS EXCEPTED AND RESERVED. 5.1 The following rights are excepted and reserved from this lease to the Landlord, the Management Company and any superior landlord from time to time for the benefit of the Building, Estate and the Landlord’s 's Neighbouring Property: 5.1.1 rights of light, air, support and protection as those rights are capable of being enjoyed at any time during the term;; ​ 5.1.2 the right to use and connect into and re-route any Service Media at, but not forming part of, the Property and the right to install and construct Service Media at the Property to serve any part of the Building or Estate; 5.1.3 the right to attach any scaffolding or other structure to any boundary of the Property; 5.1.4 at any time during the term, the full and free right for the Landlord and/or the Superior Landlord to develop the Estate and any neighbouring or adjoining property in which the Landlord acquires an interest during the term as the Landlord may think fit; 5.1.5 the right to re-route the Common Roads and any means of access to or egress from the Property or to change the areas over which any of the Rights are exercised; 5.1.6 the right to re-route and replace any Service Media over which the Rights mentioned in clause 4.2.10 may be exercised; 5.1.7 the rights reserved to the Superior Landlord under the Superior Leases; and 5.1.8 the right to enter the Property: 5.1.8.1 to repair, maintain, install, construct, re-route or replace any Service Media or structure relating to any of the Reservations; 5.1.8.2 inspect and record the condition of the Property or other parts of the Building and to carry out works to any other Lettable Unit or any part of the Estate; 5.1.8.3 for any other purpose mentioned in or properly connected with this lease, the Superior Leases, the Reservations, any Third Party Right and/or the interests of the Landlord and any superior reversionary interest in any Landlord’s Neighbouring Property; notwithstanding that the exercise of any of the Reservations or the works carried out pursuant to them result in a reduction in the flow of light or air to the Property or loss of amenity for the Property Provided That they do not materially adversely affect the use and enjoyment of the Property for the Permitted Use. 5.2 The Reservations may be exercised by the Landlord, the Management Company, the Superior Landlord and by anyone else who is or becomes entitled to exercise them and by anyone authorised by the Landlord. 5.3 The Tenant shall allow all those entitled to exercise any right to enter the Property, to do so with their workers, contractors, agents and professional advisors, and to enter the Property at any reasonable time (during usual business hours other than in the case of an emergency) and, except in the case of an emergency, after having given reasonable notice (which need not be in writing) to the Tenant. 5.4 No party exercising any of the Reservations, nor its workers, contractors, agents and professional advisors, shall be liable to the Tenant or to any undertenant or other occupier of or person at the Property for any loss, damage, injury, nuisance or inconvenience arising by reason of its exercising any of those Reservations except for: 5.4.1 physical damage to the Property; or 5.4.2 any loss, damage or injury arising by reason of the negligence of the Landlord or the party exercising the Reservations; 5.4.3 any loss, damage, injury, nuisance or inconvenience in relation, to which the law prevents the Landlord from excluding liability.

Appears in 1 contract

Sources: Lease Agreement (Vaccitech PLC)

RIGHTS EXCEPTED AND RESERVED. 5.1 4.1 The following rights are excepted and reserved from this lease to the Landlord for the benefit of the Landlord, 's Premises and to the Management Company and any superior landlord from time to time Superior Landlord for the benefit of the Building, Estate and the Landlord’s Neighbouring Property: 5.1.1 (a) rights of light, air, support and protection as to the extent those rights are capable of being enjoyed at any time during the term; 5.1.2 (b) the right to to: (i) use and connect into and re-route any into, service, maintain, replace or otherwise undertake works to or with Service Media at, at (but not forming part of, ) the Property or required for the use and enjoyment of the right to install Landlord's Premises which are in existence at the date of this lease or which are installed or constructed during the Term; (ii) install, replace and construct Service Media at the Property to serve any part of the Building Landlord's Premises (whether or Estatenot such Service Media also serve the Property); and (iii) re-route any Service Media mentioned in this clause 4.1(b); 5.1.3 (iv) the right to attach inspect the Property at reasonable times upon reasonable prior written notice (save in cases of emergency when no notice shall be required) for any scaffolding or other structure to any boundary of the Propertypurpose set out in this lease; 5.1.4 at any time during the term, the full and free right for the Landlord and/or the Superior Landlord to develop the Estate and any neighbouring or adjoining property in which the Landlord acquires an interest during the term as the Landlord may think fit; 5.1.5 the right to re-route the Common Roads and any means of access to or egress from the Property or to change the areas over which any of the Rights are exercised; 5.1.6 the right to re-route and replace any Service Media over which the Rights mentioned in clause 4.2.10 may be exercised; 5.1.7 the rights reserved to the Superior Landlord under the Superior Leases; and 5.1.8 the (v) The right to enter the Property: 5.1.8.1 to repair, maintain, install, construct, re-route or replace any Service Media or structure relating to any Property upon reasonable notice for the purpose of the Reservations; 5.1.8.2 inspect and record the condition of the Property or other parts of the Building and to carry out works to any other Lettable Unit or any part of the Estate; 5.1.8.3 for any other purpose mentioned in or properly connected with this lease, the Superior Leases, the Reservations, any Third Party Right and/or the interests ​ of the Landlord and any superior reversionary interest in any Landlord’s Neighbouring Property; taking meter readings. notwithstanding that the exercise of any of the Reservations or the works carried out pursuant to them result in a reduction in the flow of light or air to the Property or the Common Parts or loss of amenity for the Property Provided That they do not materially adversely affect or the use and enjoyment Common Parts. 4.2 The Landlord reserves for itself for the benefit of the Property Landlord's Premises and for the Permitted UseSuperior Landlord for the benefit of the Building the right to enter the Property: 5.2 (a) to repair, maintain, install, construct re-route or replace any Service Media or structure relating to any of the Reservations; (b) to carry out any works to any other part of the Building; and (c) for any other purpose mentioned in or connected with: (i) this lease; (ii) the Superior Lease; (iii) the Reservations; and (iv) the interests of the Landlord and the Superior Landlord in the Property the Landlord's Premises and the Building. 4.3 The Reservations may be exercised by the Landlord, the Management Company, Landlord and the Superior Landlord and by anyone else who is or becomes entitled to exercise them and by anyone authorised by the Landlord or the Superior Landlord, the person exercising the Reservations causing as little damage and disturbance as reasonably practicable and making good as soon as reasonably practicable any damage to the Property so caused. 5.3 4.4 The Tenant shall allow all those entitled to exercise any right to enter the Property, Property to do so with their workers, contractors, agents and professional advisors, advisors and to enter the Property at any reasonable time (whether or not during usual business hours other than in the case of an emergencyhours) and, except in the case of an emergency, after having given reasonable notice (which need not be in writing) to the Tenant. 5.4 4.5 No party exercising any of the Reservations, nor its workers, contractors, agents and professional advisors, shall be liable to the Tenant or to any undertenant or other occupier of or person at the Property for any loss, damage, injury, nuisance or inconvenience arising by reason of its exercising any of those the Reservations except for: 5.4.1 (a) physical damage to the Property; or 5.4.2 any loss, damage or injury arising by reason of the negligence of the Landlord or the party exercising the Reservations; 5.4.3 (b) any loss, damage, injury, nuisance or inconvenience in relation, relation to which the law prevents the Landlord from excluding liability.

Appears in 1 contract

Sources: Underlease (Intercept Pharmaceuticals Inc)