Common use of SCOPE OF THIS SCHEDULE Clause in Contracts

SCOPE OF THIS SCHEDULE. 1.1 The provisions of this Schedule apply in the circumstances set out in Commercial Condition 5.1. 1.2 Commercial Condition 5 applies, save for Commercial Conditions 5.7 and 5.8 and is reproduced in paragraph 1.3 for ease of reference; copyright in SLSS Limited (Oyez) and The Law Society is acknowledged. 1.3 5.1 Subject to condition 5.2, this condition applies if: (a) the rent reserved by a lease of all or part of the Properties is to be reviewed; (b) the seller is either the landlord or the tenant; (c) the rent review process starts before actual completion; and (d) no reviewed rent has been agreed or determined at the date of the contract.

Appears in 2 contracts

Sources: Nominee Agreement (Hines Global REIT, Inc.), Nominee Agreement (Hines Global REIT, Inc.)