VARIATION OF LEASE Sample Clauses

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VARIATION OF LEASE. The terms of the Lease are varied except where the variation is a relevant variation as defined in the 1995 Act, section 18(4);
VARIATION OF LEASE. The parties hereto agree that the Lease shall from and including the date of this deed be varied as set out in the schedule
VARIATION OF LEASE. With effect from the date of this deed the Lease is varied as follows: A. In clause 2.1.1 of the Lease, line 1, "19 cars" shall be treated as deleted and replaced by "16 cars" B. In the Third Schedule to the Lease, paragraph 1, line 8, "nine" shall be treated as deleted and replaced by "six"
VARIATION OF LEASE. 2.1 The Parties agree to vary the terms of the Lease in accordance with the Variations. 2.2 For the sake of clarity, the Parties agree that: (1) all necessary amendments to the Lease are made in order to give effect to the Variations; and (2) the Variations override any other term of the Lease, to the extent of any inconsistency between the terms. 2.3 The Parties acknowledge and agree that they must continue to perform and observe all of the covenants and provisions of the Lease as if they have been repeated in full in this Deed, but subject always to the modifications required to give effect to the Variations.
VARIATION OF LEASE. Subject to clause 17.3 the parties to the Lease, if there is a subdivision under clause 17.1, must enter into a deed of agreement at the Lessor’s cost: (a) varying the terms of the Lease; and (b) containing any provision which is necessary or reasonably required, to reflect those rights and obligations of the parties to the Lease: (c) intended to continue during the Term; and (d) modified to take into account the effect of the subdivision.
VARIATION OF LEASE. The terms and conditions of the Lease are varied on and from the Assignment Date to the extent set out in this clause 4 and in all other respects the terms and conditions of the Lease shall remain in full force and effect in their entirety: 4.1 Clause 24.2 of the Lease is varied by including the following words after the ‘The Stables of ▇▇▇▇▇▇▇▇ ▇▇▇▇ Pty Ltd ACN 600 362 507’: 4.2 variations are proposed to the Premises leased under the Lease and the Licensed Area and accordingly the Lease is varied on and from the Assignment Date by replacing the plan attached to the Lease at Annexure A with the plan attached to this deed as Annexure A which shows the Premises (as varied) and the Licensed Area (as varied).
VARIATION OF LEASE. The alternative formula (whether agreed between the parties or determined by an independent assessor) shall be embodied in a memorandum of variation of lease in registrable form to be prepared, stamped and registered by the Lessor’s lawyers at the cost of the party which first requested an alternative formula.
VARIATION OF LEASE. 64 4.4 Revised Rent......................................................64 4.5 Surrender of Part.................................................64 4.6 Release of Tenant.................................................64

Related to VARIATION OF LEASE

  • Execution of Lease This Lease may be executed in counterparts and, when all counterpart documents are executed, the counterparts shall constitute a single binding instrument. Landlord's delivery of this Lease to Tenant shall not be deemed to be an offer to lease and shall not be binding upon either party until executed and delivered by both parties.

  • Construction of Lease This Lease has been prepared by Landlord and its professional advisors and reviewed by Tenant and its professional advisors. Landlord, Tenant, and their advisors believe that this Lease is the product of all their efforts, that it expresses their agreement, and agree that it shall not be interpreted in favor of either Landlord or Tenant or against either Landlord or Tenant merely because of their efforts in preparing it.

  • Modification of Lease Should any current or prospective mortgagee or ground lessor for the Building or Project require a modification of this Lease, which modification will not cause an increased cost or expense to Tenant or in any other way materially and adversely change the rights and obligations of Tenant hereunder, then and in such event, Tenant agrees that this Lease may be so modified and agrees to execute whatever documents are reasonably required therefor and to deliver the same to Landlord within ten (10) business days following a request therefor. At the request of Landlord or any mortgagee or ground lessor, Tenant agrees to execute a short form of Lease and deliver the same to Landlord within ten (10) business days following the request therefor.

  • Ratification of Lease Except as modified herein, the Lease is hereby ratified, approved and confirmed upon all the terms, covenants, and conditions.

  • Termination of Lease Should Landlord elect to terminate this Lease pursuant to the provisions of Sections 24.1 (a) or (c) above, Landlord may recover from Tenant, as damages, the following: (a) The worth at the time of award of any unpaid rental which had been earned at the time of the termination, plus (b) the worth at the time of award of the amount by which the unpaid rental which would have been earned after termination until the time of award exceeds the amount of rental loss Tenant proves could have been reasonably avoided, plus (c) the worth at the time of award of the amount by which the unpaid rental for the balance of the Term after the time of award exceeds the amount of rental loss that Tenant proves could be reasonably avoided, plus (d) any other amounts necessary to compensate Landlord for all the detriment proximately caused by Tenant's failure to perform its obligations under this Lease or which, in the ordinary course of things, would be likely to result therefrom including, but not limited to, any costs or expenses incurred by Landlord in (i) retaking possession of the Premises, including reasonable attorneys' fees therefor, (ii) maintaining or preserving the Premises after any default, (iii) preparing the Premises for reletting to a new tenant, including repairs or alterations to the Premises, (iv) leasing commissions, or (v) any other costs necessary or appropriate to relet the Premises, plus (e) at Landlord's election, any other amounts in addition to or in lieu of the foregoing as may be permitted from time to time by the laws of the State of Nevada. As used in subparagraphs (a) and (b) above, the "worth at the time of award" is computed by allowing interest at the maximum lawful rate. As used in subparagraph (c) above, the "worth at the time of award" is computed by discounting such amount at the discount rate of the Federal Reserve Bank situated nearest to the location of the Shopping Center at the time of award plus one percent (1%).