Subsequent Lettings Clause Samples

The 'Subsequent Lettings' clause governs the conditions under which a property may be leased to new tenants after the original lease has ended or been terminated. Typically, this clause outlines the landlord's rights and obligations regarding re-letting the premises, such as whether the original tenant remains liable for rent until a new tenant is found, or if the landlord must make reasonable efforts to secure a replacement tenant. Its core practical function is to clarify the responsibilities of both parties in the event of early vacancy, thereby reducing disputes and ensuring a smoother transition between tenants.
Subsequent Lettings. Service Commission is due in respects of renewals where the original tenant remains in occupation. Where there is more than one tenant this commission will be payable in full where any or all of them remain in occupation
View SourceView Similar (5)
Subsequent Lettings. 5.1 The Registered Provider further grants to the Council the right to nominate from its Housing Register a Qualifying Person with a Local Connection in respect of 50% of the Dwellings which become true voids. 5.2 The Registered Provider shall have the right to nominate a Qualifying Person with a Local Connection in respect of 50% of the Dwellings which become true voids and in accordance with its Lettings Policy 5.3 For the purpose of this Agreement the definition of true and non-true voids shall be as follows:- 5.4 True voids comprise:- 5.4.1 Voids within new build/newly rehabilitated schemes; 5.4.2 Voids created through tenant moves to landlords where no reciprocal arrangements exist; 5.4.3 Voids created through tenant transfers to another local authority where no reciprocal arrangements exist; 5.4.4 Voids created by the death of a tenant where there is no statutory right of succession; 5.4.5 Voids created by tenants buying or renting their own property in the private sector; 5.4.6 Voids created by eviction or abandonment of property; 5.4.7 Voids created by permanent decants. 5.5 Non-true voids comprise: 5.5.1 Voids created through tenant transfers where tenants move within the Registered Provider's own Housing Stock; 5.5.2 Voids created through re-housing via H.O.M.E.S. or other mobility schemes where a reciprocal arrangement exists; 5.5.3 Voids created by decants who are returning.
View Source

Related to Subsequent Lettings

  • Agreement Exceptions/Deviations Explanation If the proposing Vendor desires to deviate form the Vendor Agreement language, all such deviations must be listed on this attribute, with complete and detailed conditions and information included. TIPS will consider any deviations in its proposal award decisions, and TIPS reserves the right to accept or reject any proposal based upon any deviations indicated below. In the absence of any deviation entry on this attribute, the proposer assures TIPS of their full compliance with the Vendor Agreement.

  • Lease Agreements 13.1 The Customer shall provide FPL a copy of the lease agreement, as applicable, for any and all leased interconnection equipment. 13.2 The Customer shall not enter into any lease agreement that results in the retail purchase of electricity; or the retail sale of electricity from the Customer-owned renewable generation. Notwithstanding this restriction, in the event it is determined by the Florida Public Service Commission that the Customer has entered such an agreement, the Customer shall be in breach of this Interconnection Agreement and the lessor may become subject to the jurisdiction and regulations of the Florida Public Service Commission as a public utility.

  • Lease Agreement On the terms stated in this Lease, Landlord leases the Premises to Tenant, and Tenant leases the Premises from Landlord, for the Term beginning on the Commencement Date and ending on the Termination Date unless extended or sooner terminated pursuant to this Lease.

  • Overstandard Tenant Use If Tenant uses water, electricity, heat or air conditioning in excess of that supplied by Landlord pursuant to Section 6.1 of this Lease, Tenant shall pay to Landlord, upon billing, the cost of such excess utility consumption, the cost of the installation, operation, and maintenance of equipment which is required to be installed in order to supply such excess consumption; and, to the extent no previously installed, Landlord may install devices to separately sub-meter any increased use and in such event Tenant shall pay the increased cost directly to Landlord, on demand, at the rates charged by the public utility company furnishing the same, including the cost of such additional metering (or sub-metering) devices. Tenant’s use of electricity shall never exceed the capacity of the feeders to the Property or the risers or wiring installation; provided, however, Tenant shall have the right, subject to the terms of Article 8, to increase such capacity. Notwithstanding anything to the contrary in this Lease, Tenant may operate the HVAC within the Premises at its discretion; provided, however, if Tenant desires to use heat, ventilation or air conditioning during hours other than those for which Landlord is obligated to supply such utilities pursuant to the terms of Section 6.1 of this Lease, Tenant shall reimburse Landlord for the actual cost of supplying chilled water and gas to the Premises during non-Building Hours at the actual rates charged by the utilities, which cost shall be equitably prorated among all Building occupants (other than the Bank) operating HVAC during the same non-Building Hours. For purposes of an example, Exhibit K, attached hereto, sets forth the calculation of such actual utilities costs, with the actual calculation being subject to the actual rates charged by the utilities. Landlord shall, at its sole cost, as part of the Core and Shell Work, provide a cloud-based software system (Workspeed) to allow Tenant to control Tenant’s after-hours HVAC.

  • Repurchase Agreements With respect to all agreements pursuant to which the Company or any of its Subsidiaries has purchased securities subject to an agreement to resell, if any, the Company or any of its Subsidiaries, as the case may be, has a valid, perfected first lien or security interest in the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, the value of such collateral equals or exceeds the amount of the debt secured thereby.