EXHIBIT 10.1
Dated 27th January 1999
(1) ▇▇▇▇▇▇▇ ▇ ▇'▇▇▇▇▇ AND ▇▇▇▇▇▇▇▇▇▇ ▇'▇▇▇▇▇
(2) ▇▇▇▇▇▇▇ SYSTEMS PLC
(3) CLYBAUN CONSTRUCTION LIMITED
(4) ▇'▇▇▇▇▇ CONSTRUCTION LIMITED
AGREEMENT TO LEASE
▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇
▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇
Solicitors
▇ ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇
▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇
▇▇▇▇▇▇ ▇
1:\msr\saville2.agr
THIS AGREEMENT is made on 27th January 1999
BETWEEN
(1) ▇▇▇▇▇▇▇ ▇ ▇'▇▇▇▇▇ AND ▇▇▇▇▇▇▇▇▇▇ ▇'▇▇▇▇▇ both of ▇, ▇▇▇ ▇▇▇▇▇▇, ▇▇. ▇▇▇▇▇▇
▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ (hereinafter called "the Landlord" which expression shall
where the context so admits or requires includes their and each of their
personal representatives and assigns and such other persons or parties in whom
for the time being the reversion immediately expectant on the term granted by
the Lease the draft of which is annexed hereto, shall be vested), of the first
part;
(2) ▇▇▇▇▇▇▇ SYSTEMS PLC having its registered office at ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇,
▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ (hereinafter called "the Tenant") of the second part;
(3) CLYBAUN CONSTRUCTION LIMITED having its registered office at ▇, ▇▇▇ ▇▇▇▇▇▇,
▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ (hereinafter called "Clybaun" which expression
shall where the context so admits or requires includes its successors and
assigns in fee simple of the area shaded green on the map attached to the draft
Lease annexed hereto);
(4) ▇'▇▇▇▇▇ CONSTRUCTION LIMITED having its registered office at ▇, ▇▇▇ ▇▇▇▇▇▇,
▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ (hereinafter called "the Contractor").
RECITALS:
The Landlord has orally agreed terms with the Contractor for the Contractor to
erect an office block on the premises at ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇
which said premises is for purposes of identification (hereinafter called "the
Premises") delineated on the map or plan annexed to the draft lease annexed
hereto. Subject to clause 15 hereunder the Landlord's Works to the Landlord's
Specification (as hereinafter defined) to be constructed on the Premises shall
be completed to a weathertight state and condition as defined in Clause 15, no
later than 30 January 1999 and the date of Practical Completion of the
Landlord's Works as hereafter defined shall be no later than 31 May 1998.
NOW IT IS HEREBY AGREED as follows:
1. The Landlord shall grant and the Tenant shall take a Lease in the form of
the draft annexed hereto (hereinafter called "the Lease") of the Premises for
the term of years commencing at the Date of Practical Completion of the
Landlord's Works as hereinafter defined and expiring on the date which shall
fall 20 years and one day following the Date of Practical Completion of the
Landlord's Works.
2. The "Date of Practical Completion of the Landlord's Works" shall be the date
of the issue of the Certificate of ▇▇. ▇▇▇▇▇ ▇ ▇▇▇▇▇▇ of ▇▇▇▇▇ ▇ ▇▇▇▇▇▇ &
Company, Chartered Architects, ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇, the Architect
appointed by the Landlord and accepted by the Contractor to supervise the
carrying out of the Landlord's Works in accordance with the Landlord's
Specification (as such terms are hereinafter defined) in accordance with an oral
agreement for the construction of the Landlord's Works in accordance with the
Landlord's Specification for an agreed and adequate consideration between the
Landlord and the Contractor, the existence of which the Landlord and the
Contractor hereby acknowledge to the Tenant. A duplicate of the said Certificate
of the Architect signed by him shall be furnished to the Tenant and shall be
deemed to be the Certificate of Practical Completion of the Landlord's Works for
the purposes of this Contract.
3. The "Landlord's Specification" shall mean the outline specification and
matters to be done and provided by the Landlord as contained in the First
Schedule hereto which have been furnished by the Landlord to the Tenant and
agreed by the Tenant prior to the execution of this Agreement.
4. The "Landlord's Works" means the works to be carried out by the Landlord
pursuant to the terms of this Agreement and the Landlord's Specifications for
the construction of the Landlord's Works in accordance with the Third Schedule
hereto.
5. The Landlord warrants that the construction of the Landlord's Works on the
Premises will comply with the Planning Permission /Permissions granted for the
Landlord's Works pursuant to the Local Government (Planning and Development) ▇▇▇
▇▇▇▇ (as amended) and Building Regulations and Building Control Regulations made
pursuant to the Building Control Act, 1990 (which shall include any enactments
amending or extending same) and shall furnish to the Tenant Certificates
respectively of the Architect to this effect in the appropriate RIAI/Law Society
then, currently recommended form, in each case, when furnishing the final
certificate of practical completion of the Landlord's Works and the Tenant's
fitout works referred to at Clause 16.
6. The rent to be reserved by the Lease shall be calculated at the rate of
IR(pound)10.50 per square foot of the nett lettable office space which is agreed
to be 35,165 square feet and shall be payable from the Date of Practical
Completion of the Landlord's Works which the parties are agreed determines the
initial rent to be reserved by the Lease as IR(pound)369,232.
7. The Lease and Counterpart shall be prepared by the Landlord's Solicitor at
the expense of the Landlord but the Tenant shall pay Stamp Duty on the Original
and Counterpart and all Value Added Tax within the meaning of the Value Added
Tax Act, 1972 ("VAT") payable on delivery of the Lease. If required by the
Tenant the Landlord shall co-operate with an application under Section 4A of the
Value Added Tax ▇▇▇ ▇▇▇▇ as amended.
8. Strictly subject to the earlier fulfilment of the obligations of the Landlord
and the Contractor under Clause 15, within 10 days from the posting to the
Tenant's Solicitor of the engrossment of the Lease and counterpart the Tenant
shall execute and deliver to the Landlord's Solicitors the Lease and Counterpart
duly executed by the Tenant, together with the said Stamp Duty, VAT, (if
appropriate) rent and service charge calculated from the Date of Practical
Completion of the Landlord's Works to the next succeeding quarter day.
9. Upon fulfilment of the obligations of the Landlord and the Contractor
pursuant to the respective warranties on their respective parts in Clause 15
and, execution of the Lease and Counterpart and payment of Stamp Duty, VAT, rent
and service charge as aforesaid, whichever last occurs, the Tenant shall be
entitled to possession and the Tenant shall be entitled to delivery of the Lease
and the Landlord agrees to deliver the Lease executed by the Landlord to the
Tenant not later than 7 days following satisfaction of the respective
obligations of the parties under Clause 15 and this Clause 9.
10. This Agreement shall not operate as a demise of the Premises until the Lease
shall have been delivered by the Landlord to the Tenant as aforesaid and the
payments made to the Landlord by the Tenant in respect of Stamp Duty, VAT, rent
and service charge.
11. The Landlord and the Contractor agree to permit the Tenant at any time
following execution of this Agreement by the parties to have access to the
Premises and the Landlord's Works for the purpose of planning and designing of
the works to be executed by the Tenant.
12. Notwithstanding Clause 8 (but subject to Clause 14 hereof) hereof as from
the Date of Practical Completion of the Landlord's Works the Tenant shall pay to
the Landlord by way of a licence fee (but not by way of rent) the same sums as
would have been payable by it by way of rent and other sums reserved and made
payable under the terms of the Lease had the same been delivered and been in
full force and effect such sums to be paid at the same time or times and in the
same manner in all respects as the rent and other sums which would have been
payable under the Lease had it been delivered and shall further observe and
perform the covenants on its part and the conditions contained in the Lease
insofar as the same may be applicable as though the same were herein contained
and set forth in full and shall indemnify the Landlord against all rent and
other outgoings payable in respect of the Premises as and from the Date of
Practical Completion of the Landlord's Works.
13. The Landlord shall not be required to deduce, approve or furnish to the
Tenant or any other person any abstract or information concerning the Landlord's
title to the Premises nor the Landlord's power to grant or cause to be granted
the Lease hereby agreed to be delivered and the Tenant shall not raise any
objection or make any enquiry or requisition in respect thereof PROVIDED
nevertheless that the Landlord has furnished to the Tenant the documents of
title and other documents listed at Schedule 2 to this Agreement as evidence of
the Landlord's title and of the matters to which such other documents refer and
has given reasonable replies (subject to compliance and performance where
necessary) to the Law Society recommended pre-lease enquiries as raised by the
Tenant's solicitors.
14. The Tenant shall not assign underlet mortgage charge share or part with or
otherwise in any way whatever (either directly or indirectly) deal with its
interest under this Agreement or any part thereof nor with the Lease prior to
its delivery.
15. The Landlord and the Contractor jointly and severally warrant to the Tenant
that the Date of Practical Completion of the Landlord's Works under the said
oral Building Agreement, between the Landlord and the Contractor, (save in
circumstances of force majeure as hereafter defined in this Clause) shall be no
later than 31 May 1998. The Landlord and the Tenant further warrant jointly and
severally with the Tenant that the Landlord's Works shall be completed to a
weathertight state and condition by 30 January 1999. For the purposes of this
Contract the term "weathertight state and condition" shall mean that the
Landlord's Works have reached a state or condition of fitness to exclude all of
the elements of the weather including rain, wind and snow. "Weathertight state
and condition" does not mean that the Premises and buildings then constructed
thereon are habitable or in any way serviced with utilities of electricity, heat
and water supply. Completion to a weathertight state and condition shall
hereinafter be called "the Date of Completion of the Shell". The Landlord and
the Contractor shall not be responsible for any delay in carrying out of the
Landlord's Works to weathertight state and condition on or before 30 January
1999, or, for the Date of Practical Completion of the Landlord's Works being
later than 31 May 1998 through force majeure, strike, lockout or other
industrial action or cause outside of the control ("force majeure") of the
Landlord and the Contractor. However, in case of default by the Landlord and the
Contractor other than for reasons of force majeure the Tenant shall be relieved
and discharged and fully acquitted of each of one month's licence fees or rent
as the case may be for each of every period of one week (if any) that the
Landlord's Works have not been completed after 31 May 1998 until the Date of
Practical Completion of the Landlord's Works.
16. It is hereby agreed that Tenant's fitout works shall be carried out by the
Tenant subject to the prior approval of drawings and specifications by the
Landlord which approval shall not be unreasonably withheld or delayed. The
Tenant has also retained ▇▇▇▇▇ ▇ ▇▇▇▇▇▇ of ▇▇▇▇▇ ▇ ▇▇▇▇▇▇ & Company Architects
to prepare drawings and specifications for the Tenant's fitout works to be
carried out following the Date of Completion of the Shell, on which date the
Tenant shall be entitled to share possession with the Contractor for the purpose
of commencing and completing the Tenant's fitout works. The Tenant shall
complete the Tenant's fitout works within 6 months following the Date of
Practical Completion of the Landlord's Works but the Tenant shall not be
responsible for delays due to force majeure (as defined in Clause 15). On the
date when the Tenant's works have been completed to the satisfaction of ▇▇▇▇▇ ▇
▇▇▇▇▇▇ as the Tenant's architect, ▇▇ ▇▇▇▇▇▇ shall issue to both Landlord and
Tenant a final certificate of practical completion of the Landlord's Works and
of the Tenant's fitout works and in addition shall furnish to the Landlord and
to the Tenant (if required by the Tenant) certificates respectively of
compliance as referred to in Clause 5 and in the terms referred to at Clause 5,
but extending to include the fully completed Landlord's Works and fully
completed fitout works of the Tenant.
17. The Landlord and Tenant respectively appoint ▇▇▇▇▇ ▇ ▇▇▇▇▇▇ & Company
Architects as Project Supervisor for all works respecting the construction of
the Landlord's Works and the Tenant's fitout works respectively for the purposes
of the Safety, Health and Welfare at Work (Construction) Regulations 1995.
18. With respect to the Date of Completion of the Shell, the Date of Practical
Completion of the Landlord's Works and the final certificate of the Landlord
with respect to Practical Completion of both the Landlord's Works and the
Tenant's Works, the respective certificates of the Architect will be final,
conclusive and binding on the parties.
18.1 Clybaun agrees with the Tenant that following commencement of the term of
the Lease, Clybaun as the Landlord named in a Lease dated 27 April 1994 made
with the Tenant respecting a site and office buildings currently occupied by the
Tenant at ▇▇▇ Business Park, Galway, shall accept surrender of such lease at any
time following six month's notice in writing from the Tenant upon the expiry of
which neither party shall have any further liabilities to the other under such
lease.
18.2 Clybaun further agrees with the Tenant to grant, if required by the
Landlord and the Tenant, and to procure that Anglo Irish Bank Corporation as
chargee of Clybaun shall confirm and grant, a Deed of Grant of Right of Way in
fee simple in whatever terms are required by the Landlord and the Tenant for
access to the Premises over the area shown shaded green on the Plan attached to
the Lease.
19. The Landlord agrees with the Tenant not to construct or to permit
construction of a link corridor between the Premises with the buildings to be
constructed thereon and the buildings located on the said demise of 27 April
1994.
20. This Agreement is conditional upon the Landlord obtaining prior to the Date
of Practical Completion any consent to sub-division and sub-letting for the
Lease as may be necessary under Section 12 Land Act 1965 and the Tenant
obtaining any consent as may be necessary under Section 45 Land ▇▇▇ ▇▇▇▇.
21. The Contractor warrants with the Tenant to execute the Landlord's Works to
the Landlord's Specification using good and proper materials in a good and
workmanlike manner discharging to the Tenant the duty to exercise due skill and
care in all respects as if the Contractor and the Tenant were parties to an RIAI
standard form Building Contract for the construction by the Contractor for the
Tenant, as employer, of the Landlord's Works and the Tenant shall be deemed to
have all the rights of the employer under such a contract.
22. Clybaun and the Contractor join in this Agreement for other good and
sufficient considerations from the Landlord and for the benefit of the Tenant.
23. Air conditioning plant shall be installed by a sub-contractor to the
Contractor first approved by the Tenant and to a specification first agreed
between the Tenant and the Landlord.
24. This Agreement is conditional on the prior grant of the Head Lease, draft of
which is referred to in the Second Schedule hereto by ▇▇▇ Agency (Ireland) to
the Landlord prior to the Lease by the Landlord to the Tenant.
IN WITNESS whereof the parties have executed this Agreement the day and year
first above Written.
SIGNED by ▇▇▇▇▇▇▇ ▇ ▇'▇▇▇▇▇ /s/▇▇▇▇▇▇▇ ▇. ▇'▇▇▇▇▇
and ▇▇▇▇▇▇▇▇▇▇ ▇'▇▇▇▇▇ /s/▇▇▇▇▇▇▇▇▇▇ ▇'▇▇▇▇▇
in the presence of:
/s/▇▇▇▇▇▇ ▇▇▇▇▇▇
Solicitor
Galway
SIGNED on behalf of ▇▇▇▇▇▇▇ SYSTEMS PLC in the presence of:
Witness Name: /s/▇▇▇▇ ▇▇▇▇▇▇ /s/▇▇▇▇ ▇. ▇▇▇▇▇ III
Director duly authorised
Address: ▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇
▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Occupation: Executive Assistant to CEO
/s/C. ▇▇▇▇ ▇▇▇▇▇▇▇
C. ▇▇▇▇ ▇▇▇▇▇▇▇
Manager, Global Administrative Services
SIGNED on behalf of CLYBAUN
CONSTRUCTION LIMITED by
▇▇▇▇▇▇▇ ▇ ▇'▇▇▇▇▇ /s/▇▇▇▇▇▇▇ ▇. ▇'▇▇▇▇▇
in the presence of:
/s/▇▇▇▇▇▇ ▇▇▇▇▇▇
Solicitor
Galway
SIGNED on behalf of ▇'▇▇▇▇▇
CONSTRUCTION LIMITED by
▇▇▇▇▇▇▇ ▇ ▇'▇▇▇▇▇ /s/▇▇▇▇▇▇▇ ▇. ▇'▇▇▇▇▇
in the presence of:
/s/▇▇▇▇▇▇ ▇▇▇▇▇▇
Solicitor
Galway
APPENDIX 1
(Landlord's Specifications
for the Landlord's Works as agreed
by the parties prior to execution of the within Agreement)
PROPOSED OFFICE DEVELOPMENT PHASE 2
AT
▇.▇.▇. BUSINESS PARK, DANGAN, GALWAY.
for
▇▇▇▇▇▇▇ SYSTEMS p1c.
Construction by:
▇'▇▇▇▇▇ CONSTRUCTION LTD.,
▇ ▇▇▇ ▇▇▇▇▇▇,
▇▇. ▇▇▇▇▇▇ ▇▇▇▇,
▇▇▇▇▇▇▇▇,
▇▇▇▇▇▇.
Architects:
▇▇▇▇▇ ▇. ▇▇▇▇▇▇ & COMPANY
CHARTERED ARCHITECTS
▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇
▇▇▇▇▇▇.
TEL: (091)66176.
Structural Engineers:
▇▇▇ ▇▇▇▇▇▇ C.ENG.M.I. STRUCT.E M.I.E.I.
CONSULTING CIVIL & STRUCTURAL
ENGINEERS,
▇▇,▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇,
▇▇▇▇▇▇.
TEL(091) 587426.
APRIL 1998.
Superstructure Details: to be constructed from drawings prepared and approved by
▇▇▇▇▇ ▇.▇▇▇▇▇▇ & Co., Chartered Architects in compliance with conditions and
terms of the appropriate planning consent from Galway Corporation on Planning
Permission No 848/97 dated 21st April 1998.
Statutory Requirements: Contractor to ensure compliance with all relevant
requirements regarding health and safety aspects. A full time health and safety
officer to be on site throughout the projection of the structural building
works.
Architectural Drawings: The building to be constructed in compliance with
Architects Drawings: No's 971/01, 971/02(b); 971/03 (a); 971/04(C); 971/05(C);
971/06(b) 971/07 & 971/09.
Building:
The building consists of a three storey structure suitable for office use
designed to accommodate the internal layout system requested by ▇▇▇▇▇▇▇ Systems
P.L.C.
Structural Design:
Consists of a prefabricated concrete structural portal frame with supporting
hallowcore floors to upper floors. All structural elements to be designed by ▇▇▇
▇▇▇▇▇▇, C.Eng.M.I.Struct.EM.I.E.I. Foundation design as shown on Structural
Engineers Drawing Ref No's 9820/01; 02 as appended to this specification.
Building Structural Practices:
To be carried out in compliance with the general standard practices outlined in
the appointed structural engineers recommendations detailed hereafter:
1.0 General Requirements
1.1 Unless stated otherwise all concrete and relevant work to comply with
standards BS 5328 part 2, BS 8110, IS 326.
2.0 Materials
2.1 Cement shall comply to relevant British or Irish standards 2.2 Aggregates
2.2.1 Aggregates shall comply with the relevant British Standard.
3.0 Admixtures
3.1 Admixture only to be used in agreement with Consulting Engineer. Calcium
Chloride must not be used.
4.0 Concrete (Ready Mix)
4.1 The concrete mix to be designed by the ready mix suppliers and to be
approved by ▇▇▇ ▇▇▇▇▇▇ Associates Ltd before any concrete supplied. 4.2 No extra
water to be added to the mix after the ready mix lorry has left the ready mix
depot. 4.3 Concrete to be placed within one hour of initial mixing. This may be
increased to two hours providing the drum is kept rotating. 4.4 Concrete mixes
All structural concrete 35N grade, 20mm aggregate minimum cement
concrete 325kg m3
Lean Mix 18N grade, 20mm aggregate minimum cement
200mgms m3
Watertight concrete
Lift shaft pit & 40N dense watertight mix with a
retaining wall minimum of 360kg cement per m3
20mm aggregate.
4.5 Compacting
4.5.1 All concrete to be vibrated with a mechanical vibrator.
4.6 Concreting in cold weather
4.6.1 The minimum temperature of the concrete at time of placing to be not less
than 10C and to be protected (if necessary in cold weather) so that the
temperature of the concrete does not fall lower than 5C for 10 days.
4.6.2 No concreting should take place (unless special precautions are carried
out) when the falling temperature is 5C or the rising temperature is 2C.
4.6.3. All recently poured concrete to be protected from ice and snow.
4.7 Concreting in hot weather
4.7.1 Special precautions are to be taken in hot weather to prevent rapid drying
out of the concrete.
4.8 Test cubes and testing
4.8.1 Test cubes to be taken at 7 days, 14 days if 7 day cube low, 28 days if 14
day cube is low. Plus one spare cube. In the event of a cube being low the
contractor may only proceed with the work at his own risk. In the event of all
cubes failing the Consulting Engineer will require core test to be taken at the
Contractors expense. In the event of concrete fails all tests the Contractor is
fully responsible for removing concrete (or any remedial work required) and for
all loss of time to be contract for his own work and to that of other trades.
The Consulting Engineer reserves the right to have cores or any other tests to
be carried out to any concrete, whether the cubes fail or not, at any time at
the Contractors expense.
4.8.2 The Contractor to supply and maintain on site a maximum and minimum
thermometer, a thermometer for measuring the concrete temperature and a cone for
testing the slump on the concrete.
4.9 The concrete to be handled in such a manner that segregation does not occur.
4.9.1 Special care to avoid segregation must be taken with columns and walls.
5.0 Steel Reinforcement
5.1 Unless shown otherwise on the drawing concrete cover to be 50mm to main
reinforcement except for foundation and water retaining structure where it is to
be 50mm to all reinforcement.
5.2 All reinforcement to be firmly fixed.
5.3 Contractor to supply all chairs and spacers to maintain the reinforcement in
its correct position during concreting.
5.4 Before any concreting the contractor to give reasonable notice to the
Consulting Engineer so that the Engineer has the opportunity of inspecting the
reinforcement before concreting commences.
6.0 Shuttering
6.1 All framework shall comply to BS 5975.
6.2 All releasing agents to be of an approved type.
6.3 All framework used to of a type that will give a finish to the concrete that
is required by the Architect.
6.4 The framework with its props and clamps to be sufficiently firm and rigid to
ensure the concrete once cured is in the correct position.
6.5 Unless shown on the drawings the Contractor shall obtain approval for the
position and type of construction joints before work commences.
6.6 Kickers for walls and columns will be generally 75mm.
6.7 Kickers for watertight concrete will generally be 100 to 150 high and cast
with the base slab.
6.8 Unless stated otherwise all watertight joints horizontal and vertical will
be bridged with a water bar. Joints in waterbars to be welded.
6.9 Accuracy
6.9.1 General tolerance unless modified by the following clauses -+15mm
6.9.2 Cross Section, beams, cols, wall beams, opening etc. -+5mm
6.9.3 Vertical and raking elements -+10 mm
6.9.4 Rotation of elements -+2 degrees
6.9.5 Level and foundation surfaces -+25mm
6.9.6 Slabs and similar tolerance to datum -+15 Difference in slope over 600mm
4mm
6.9.7 Element thickness _+ 10 mm
Superstructure:- The superstructure frame includes columns, beams and floor
slabs. The structural details on the Engineering drawings consists of a
reinforced ground floor slab supported by specified ground beams/pads bases as
detailed thereon.
External Finish: The ground floor walls finished in selected Hallmark Stone
▇▇▇▇▇▇▇ -Random Bond, Pewter Blend Colour as supplied by Roadstone. The
remainder of the external facade to be of cladding panel - Europanel 900/800
Metallic Silver Satinline 1500 U Value 0.45 70mm E.P.S with long life
durability. Metal cladding rails to support system incorporating 70mm insulation
with plaster board fixed to inside leaf.
Windows:- To be manufactured in aluminum with opening sections. All windows to
be fitted with double glazing.
Roof:- FS 1000 RW insulation roof panel by Kingspan W/. 5mm 2275 Galvatte Hot
Dip Zinc coated steel W/colour coat HP200 Plastisol, 200 microns thick.
Insulation core of 40mm thick, CFC free, rigid polyurethane insulation.
Internal Walls:- Lower level walls to be finished blockwork plaster skim and
finish in selected emulsion paint. Upper ground floor and upper levels in gypsum
plaster board painted finish.
Floors:- 75mm sand & cement floor screed, finished with selected ▇▇▇▇▇▇▇ carpet
as currently installed in existing building No 1.
Ceilings:- Mineral fibre acoustic modular system in concealed metal suspension
grip with integrated light fittings.
Toilet Areas:- Suspended grid system with inlay tiles of the moisture resistant
type.
Internal Doors & Screens:- Generally solid core mahogany doors with hardwood
veneer fire rated as necessary with top quality selected ironmongery as supplied
by specialist suppliers ▇.▇.▇▇▇▇▇▇▇. All internal doors to be fitted with
overhead door closers as required by client. An alternative door specification
will be considered if desired by tenant.
Toilet Walls:- To be finished in white glazed tiling throughout.
Toilet Floors:- To be finished with selected tarquet P.V.C. sheet flooring or
other approved selected non slip tile if so required by tenant.
Disabled Toilet:- To be supplied with appropriate fittings to comply with
statutory requirements.
Stairs:- Main stairway and fire escape stairs to be cast insitu concrete. Steel
balustrades and handrails to be selected in compliance with tenants
requirements.
Mechanical Installation:
Heating System:- Supply and fit appropriately designed E.S.B. Gold Shield
Heating System as approved by E.S.B. Consultants, alternatively an oil fired
radiator heating system thermostat controlled will be considered if deemed more
economic for clients requirements.
Water Services:- Supply and fit hot and cold water installation to all sanitary
fittings.
Ventilation:- Mechanical extract ventilation to all internal toilets in
compliance with CISBE regulations. Passive supply ventilation to all toilet
lobbies.
Soils, Wastes Installation:- Supply and install soils and wastes installation to
all sanitary fittings in accordance with part H of the building requirements.
Electrical Installation.
Distribution:- Supply and install main distribution panel and sub-distribution
panel installation in accordance with E.S.B. National Code of Practice and ETC
Regulation 1.
Lighting:- Supply and install in staircase and toilet areas recessed and surface
mounted fluorescent luminarie to provide approx 350 lux. Supply and fit in
office areas 1200mm x 600mm recessed fluorescent luminaries to provide
approximately 500 lux. Supply and fit emergency lighting IS.3217.
Power:- Supply and install proprietary busbar trunking to external perimeter of
building internally: also provide floor laid ducting in mid floor area to
service appropriate power requirements to all work stations as detailed by
▇▇▇▇▇▇▇ Systems in conjunction with Architects internal work station plan.
Fire Alarm:- Supply and install zoned/addressable fire alarm system to IS3218 to
open plan layout.
Computer Cabling :- To be supplied and fitted by selected sub-contractor
nominated by Savilles, the costs of installation to be borne by the latter.
Sub-Contractor to work in close liaison with Main Contractor to pre-determined
programme. Strict adherence to programme will be insisted upon to ensure
compliance with rigid building deadlines.
Telecommunications Network:- To be carried out and funded by tenant to work in
strict pre-determined fitting sequence to ensure effective control of main
contractors programme. The busbar system fitted by builder to have sufficient
space to accommodate such network as required by tenant.
Intruder Alarm:- To be the responsibility of the tenant. Installation programme
to be agreed with main contractor prior to placing of order with appropriate
source.
External Lighting:- Security and car parking lighting will be provided to all
car parking areas, paths and selected areas. The installation to be provided
with both time switch and photo electric control.
Landscaping Areas:- All areas to be professionally landscaped at the earliest
possible planting opportunity after construction completed.
Air Conditioning:- To be installed as additional item. Cost of same to be
capitalised and appropriate rental adjusted to be agreed upon prior to
installation. Full design drawings and specification not yet available. A
provisional estimate of (pound)140,000.00 approximately including design fees is
suggested. Full installation details to be agreed with tenant prior to
authorisation.
Internal Fit out:- All individual office layouts as detailed on Architects
fitout drawings not included in landlords rental estimate. Builder will be happy
to quote for same with costs paid on invoice or capitalised on rental as deemed
appropriate by ▇▇▇▇▇▇▇ Systems.
Passenger Lift:- Supply and fit Hydraulic Passenger Lift. Load capacity 630kgs
or 8 persons. Fully automatic- VVVF Door Motor Control - two panel telescopic
side opening 808mm x 2000 mm. Stainless steel finish. Internal car size 1,100mm
wide x 1,400mm x 2050 mm (Supplied by ▇▇▇▇▇ Lift Manufacturers.
Siteworks:- Precast concrete paving to footpaths and tarmac surface dressing to
car parking complete with line marking and kerbing. Car spaces as detailed on
Architects site layout drawing No. 971/01.
Drainage:- Foul sewer connected to mains network. Surface water discharged to
existing stream.
Hydrants:- Underground fire hydrants as appropriate to proposed building
regulations and fire officers requirements.
APPENDIX 2
(Documents of Title and other documents furnished
by the Landlord to the Tenant prior to the execution)
of the within Agreement
1. Land Registry certified copy Folio 3231L County Galway and File Plan
2. Solicitor's certified copy Lease 8 July 1985 University College Galway to
Industrial development Authority
3. Draft Lease ▇▇▇ to ▇▇▇▇▇▇▇ ▇ ▇'▇▇▇▇▇ and ▇▇▇▇▇▇▇▇▇▇ ▇'▇▇▇▇▇
4. Copy Planning Permission references 491/82 and 484/97
5. Copy Galway Corporation receipt for payment of (pound)36,308 to comply with
Condition 1 of Planning Permission 848/97
6. Copy Commencement Notice for the Landlord's Works
7. Copy Fire Safety Certificate of the Landlord's Works FSC 98/42
8. Draft Lease ▇▇▇▇▇▇▇ ▇ ▇'▇▇▇▇▇ and ▇▇▇▇▇▇▇▇▇▇ ▇'▇▇▇▇▇ to ▇▇▇▇▇▇▇ Systems Plc
THIS LEASE is made the ____ day of ____ 199_ BETWEEN
▇▇▇▇▇▇▇ ▇.▇'▇▇▇▇▇ AND ▇▇▇▇▇▇▇▇▇▇ ▇'▇▇▇▇▇ of ▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇. ▇▇▇▇▇▇ ▇▇▇▇,
▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ in the County of Galway (hereinafter called "the Landlord") of
the One Part and ▇▇▇▇▇▇▇ SYSTEMS PLC. having its registered office at ▇▇▇
▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ in the County of Galway (hereinafter called
"the Tenant") of the Other Part.
WITNESSETH as follows:
DEFINITIONS:
1.1 The terms defined in this clause shall for all purposes of this Lease have
the meanings specified in this clause.
1.2 "the Premises" shall mean ALL THAT part of the lands of Dangan Lower in the
Barony and County Borough of Galway more particularly delineated and edged red
on the map attached hereto TOGETHER WITH the Office Building erected thereon or
on some part thereof TOGETHER ALSO WITH the Landlord's fixtures and fittings
therein.
1.3 "the Rights" shall mean the rights set out in Schedule I hereof.
1.4 "the Exceptions" shall mean the exceptions and reservations set out in
Schedule II hereof.
1.5 "Pipes" shall mean and include pipes, sewers, drains, conduits, ditches,
water courses, culverts, wires, cables, channels and all other conducting media.
1.6 "the Term" shall mean the term of 20 years and 1 day from ("the Date of
Practical Completion of the Landlords Works" as defined in the Agreement for
Lease) and in relation to Clauses 4 to 6 hereof shall include the period of any
holding-over or any extension or continuance thereof whether by statute or by
common law where the context so admits.
1.7 "the Rent" shall mean;
(a) until the 22nd day of September 2002 the yearly rent of IR(pound)369,232.00
or the equivalant sum in any other currency that the parties hereto may agree)
exclusive;
(b) during the remainder of the Term such other rent as may become payable under
the provisions of Schedule III hereof.
1.8 "the Tenant's Covenants" shall mean the covenants set out in Schedule IV
hereof.
1.9 "the Landlord's Covenants" shall mean the covenants set out in Schedule V
hereof.
1.10 "the Insured Risks" shall mean fire, lightning, explosion, ▇▇▇▇▇, ▇▇▇▇▇▇▇,
flood, bursting and overflowing of water tanks, apparatus or pipes, impact from
aircraft and other aerial devices and any articles dropped therefrom,
earthquake, riot, civil commotion, strikes, locked out workers and malicious
persons and such other risks as the Landlord shall from time to time consider
necessary subject to the availability of insurance cover against such risks and
to the extent that and subject to such conditions as insurance cover against any
such buildings is generally available.
1.11 "interest" shall mean interest at the rate of interest charged in respect
of Income Tax under the Taxes Consolidation ▇▇▇ ▇▇▇▇.
1.12 "the Planning Acts" shall mean the Local Government (Planning and
Development) Acts 1963 to 1998 and all statutes regulations and orders included
by virtue of Clause 2.5 hereof.
1.13 "development" shall have the meaning given to it by the Planning Acts.
1.14 "the Surveyor" shall mean any person or firm appointed by or acting for the
Landlord to perform the function of the Surveyor for any purposes of this Lease.
1.15 "the Superior Lease" shall mean the Lease under which the Landlord holds
the property from Industrial Development Agency (Ireland).
INTERPRETATION:
2.1 The expression "the Landlord" means the above named their personal
representatives and assigns and where the context so admits includes such other
person or parties in whom for the time being the reversion immediately expectant
upon the term granted by this Lease shall be vested and "the Tenant" means the
above named its successors in title and permitted assigns and where the context
so admits includes such other parties or party in whom for the time being the
Term shall be vested.
2.2 Where the Landlord or the Tenant for the time being are two or more
individuals the terms the Landlord and the Tenant shall include the plural
number and the obligations expressed or implied to be made by or with such party
shall be deemed to be made by or with such individuals jointly and severally.
2.3 Words importing the neuter gender include the masculine or feminine gender
(as the case may be) and words importing the masculine gender include the
feminine gender and vice versa and words importing the singular number include
the plural number and vice versa.
2.4 References to any right exercised by the Landlord or any right exercisable
by the Tenant in common with the Landlord shall be construed as including (where
appropriate) the exercise of such right by and in common with all persons
authorised by the Landlord and all other persons having a like right.
2.5 Any reference to a statute shall include any statutory extension or
modification or re-enactment of such statute and any regulations or orders made
thereunder.
2.6 Any covenant by the Tenant not to do an act or thing shall be deemed to
include an obligation not to permit such act or thing to be done.
2.7 The paragraph headings do not form part of this Lease and shall not be taken
into account in the construction or interpretation thereof.
THE DEMISE
3. The Landlord HEREBY DEMISES unto the Tenant the Premises (having an agreed
net lettable area of 35,165 square feet) TOGETHER WITH the Rights EXCEPT and
RESERVING unto the Landlord the Exceptions TO HOLD the same unto the Tenant for
the Term PAYING therefor unto the Landlord the Rent without any deduction by
equal quarterly payments in advance on (commencement date and quarterly
thereafter) in every year and so in proportion for any period less than a year
the first such payment to be paid on the execution hereof.
COVENANTS:
4.1 The Tenant hereby covenants with the Landlord to observe and perform the
Tenant's Covenants at all times during the term.
4.2 The Landlord hereby covenants with the Tenant to observe and perform the
Landlord's Covenants at all times during the Term.
PROVISOES:
5.1 If and whenever during the Term
(a) the rents (that is the rent as defined and the proportion of the insurance
premium) shall be in arrear and unpaid for twenty one days next after becoming
payable (whether formally demanded or not); or
(b) there shall be any breach or non performance or non-observance of any of the
covenants on the part of the Tenant herein contained; or
(c) the Tenant (being an individual) shall become bankrupt or (being a company)
shall enter into liquidation whether compulsory or voluntary (save for the
purpose of amalgamation or reconstruction of a solvent company) or have a
receiver appointed of its undertaking or (in either case) shall enter into an
arrangement or composition for the benefit of its creditors or suffer any
distress or execution to be levied on its goods; then, and in any of the said
cases, it shall be lawful for the Landlord at any time thereafter and
notwithstanding the waiver of any previous right of re-entry to re-enter into
and upon the Premises or any part thereof in the name of the whole and thereupon
the Term shall absolutely cease and determine but without prejudice to any
rights or remedies which may then have accrued to either party against the other
in respect of any antecedent breach of any of the covenants herein contained.
5.2 Nothing herein contained or implied shall give the Tenant the benefit of or
the right to enforce or to prevent the release or modification of any covenant
agreement or condition entered into by any Tenant of the Landlord in respect of
any property not comprised in this Lease.
5.3 The Landlord shall not be responsible to the Tenant or (save as is otherwise
provided by statute) to the Tenant's Licensees, servants, agents or other
persons in the Premises or calling upon the Tenant for any accident happening or
injury suffered or damage to or loss of any chattel or property sustained in the
Premises or the building of which the same forms part.
5.4 Each of the Tenant's Covenants shall remain in full force both at law and in
equity notwithstanding that the Landlord shall have waived or released
temporarily any such covenant or waived or released temporarily or permanently
revocably or irrevocably a similar covenant or similar covenants affecting other
adjoining or neighbouring premises belonging to the Landlord.
5.5 Nothing in this Lease or in any consent granted by the Landlord under this
Lease shall imply or warrant that the Premises may be used for the purpose
herein authorised under the Planning Acts.
5.6 The Tenant acknowledges that this Lease has not been entered into in
reliance wholly or partly on any statement or representation made by or on
behalf of the Landlord save in so far as such statement or representation is
expressly set out in this Lease.
5.7 Except where any statutory provision prohibits the Tenant's right to
compensation being reduced or excluded by agreement the Tenant shall not be
entitled to claim from the Landlord on quitting the Premises or any part thereof
any compensation under the Landlord and Tenant (Amendment) Act, 1980.
5.8 Any notice or document under or in connection with this Lease shall be
effectively given or served if sent by post or delivered in the case of the
Landlord to their last known address and in the case of the Tenant to its
registered office (as noted in the Companies Registration Office). Where sent
by post, the notice or document shall be deemed to be given or served on the
second day after posting.
5.9 If the Premises or any part thereof or access thereto shall at any time
during the Term be destroyed or so damaged by fire or any other risk insured
against by the Landlord so that the Premises or any part thereof shall be unfit
for occupation or use then (i) the Tenant shall not be entitled to surrender
this Lease under the provisions of Section 40 of the Landlord and Tenant Law
▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇; (ii) unless the insurance of the Premises shall
have been vitiated by the act, neglect, default or omission of the Tenant the
Rents hereby reserved or a fair proportion thereof according to the nature and
extent of the damage sustained, the amount of such proportion to be determined
by the Surveyor, shall be suspended and cease to be payable until the Premises
or the damaged portion thereof shall have been reinstated or made fit for
occupation; and (iii) should the Premises or the damaged portion thereof not
have been reinstated or made fit for occupation within three years of the
catastrophe the Tenant shall be entitled to give three months notice of its
intention to surrender the Lease and should the Premises or the damaged portion
thereof not have been reinstated or made fit for occupation on the expiry of the
Notice period this Lease shall cease and be void but without prejudice to any
claim by either party against the other in respect of any antecedent breach of
any covenant or condition herein contained.
5.10 The agreed net lettable space for the purposes of this Lease and the review
of rent 35,165 square feet.
OPTION TO SURRENDER
6. If the Tenant is desirous of determining this Lease on 22nd September 2007 ,
22nd September 2012 or 22nd September 2017 and of such its desire gives to the
Landlord not less than four months notice in writing and pays all rent and
performs and observes all the covenants and conditions hereinbefore contained
and on its part to be performed and observed up to such determination then and
in either such case on 22nd September 2007, 22nd September 2012 or 22nd
September 2017 as the case may be this Lease shall cease and be void but without
prejudice to any claim by either party against the other in respect of any
antecedent breach of any covenant or condition herein contained.
SCHEDULE I THE RIGHTS
Right of Way
1. Full right and liberty for the Tenant its servants and licensees (in common
with the Landlord) with or without vehicles at all times for all purposes
connected with the Premises but not for any other purpose to pass and ▇▇▇▇▇▇ to
and from the Premises over and along the roadway leading thereto.
Services
2. The free right of passage and running of water, soil, gas, electricity and
other services to and from the Premises through all pipes laid, made (or to be
laid and made within twenty one years) in, upon, through or under the adjoining
property to and from the Premises and the free and uninterrupted use of all
electric, telephone and other pipes serving the Premises now (or at any time
within twenty one years) to be in, upon, through or under the adjoining
property.
SCHEDULE II THE EXCEPTIONS
Services
1. The free passage and running of water, soil, gas, electricity and other
services from and to adjoining and neighbouring land and the buildings now or
hereafter erected therein and through the pipes laid, made (or to be laid and
made within 21 years) in, upon, through, or under the Premises and the free and
uninterrupted use of all gas, electric, telephone and other Pipes serving such
adjoining and neighbouring land and buildings now or at any time (within twenty
one years) during the term upon through, or under the Premises.
Construction of Services
2. The right to construct and maintain in, over or under the Premises (but
excluding the building thereon) any services for the benefit of any adjoining
property of the Landlord.
Access
3. The right at any time during the Term (but except in cases of emergency only
at reasonable times during normal office hours after giving reasonable prior
notice to the Tenant) to enter (or in case of emergency to break and enter) upon
the Premises in order;
(a) to inspect, cleanse, repair, amend, remove or replace with others the Pipes
referred to in Paragraph 1 of this Schedule;
(b) to inspect and execute works in connection with any of the services referred
to in this Schedule;
(c) to view the state and condition of and to repair and maintain any adjoining
property where such work would not otherwise be reasonably practicable;
(d) to carry out work or to do anything whatsoever comprised within the
Landlord's obligations herein contained whether or not the Tenant is liable
hereunder to make a contribution;
(e) to exercise any of the rights possessed by the Landlord under the terms of
this Lease.
Light
4. Full right and liberty at any time hereafter and from time to time to execute
works and erections upon or to alter or rebuild any of the buildings erected on
the Landlord's adjoining and neighbouring lands and to use such adjoining and
neighbouring lands and buildings now or hereafter erected thereon in such manner
as it shall think fit notwithstanding that the access of light and air to the
premises may thereby be interfered with.
SCHEDULE III RENT REVIEW
Definitions and interpretation
1. For the purpose of this Lease;
(1) "Review Date" shall mean the 22nd day of September 2002 and every fifth
anniversary of that date.
(2) "the Open Market Rent" shall mean the rent at which the Premises might
reasonably be expected to be let as a whole at the relevant Review Date in the
open market by a willing Landlord to a willing Tenant without a premium with
vacant possession of the whole and subject to the provisions of this Lease other
than the amount of the Rent but including the provisions for rent review for a
term equal to that granted by this Lease.
(a) on the assumptions that;
(i) at the relevant Review Date the Premises are fit for immediate occupation
and use and that no alterations nor additions had been carried out thereto by
the Tenant or its predecessors in title during the Term which have diminished
the rental value of the Premises and that if the Premises have been destroyed or
damaged they have been fully restored;
(ii) the Tenant's covenants herein contained have been fully performed and
observed until the relevant Review Date;
(b) but there shall be disregarded
(i) all trade fixtures and fittings affixed to the Premises either by the Tenant
its sub-tenants or their respective predecessors in title during the Term or
during any period of occupation prior thereto arising out of an agreement to
grant the Term or by any tenant or sub-tenant of the Premises before the
commencement of the Term so long as the Landlord or its predecessors in title
have not since the affixing to the Premises of the said fixture and fitting had
vacant possession of the relevant part of the Premises;
(ii) any effect on rent of the fact that the Tenant its sub-tenants or their
respective predecessors in title have been in occupation of the Premises;
(iii) any goodwill attached to the Premises by reason of the carrying on thereat
of the business of the Tenant its sub-tenants or their respective predecessors
in title in their respective businesses; and
(iv) any increase in the rental value of the Premises attributable to the
existence at the relevant Review Date of any improvement to the Premises or any
part thereof carried out with consent (where required) of and otherwise than in
pursuance of an obligation to the Landlord or its predecessors in title either
by the Tenant its sub-tenants or their respective predecessors in title during
the Term or during any period of occupation prior thereto arising out of an
agreement to grant the Term or by any tenant or sub-tenant of the Premises
before the commencement of the Term so long as the Landlord or its predecessors
in title have not since the improvement was carried out had vacant possession of
the relevant part of the Premises.
(3) Any reference to the President for the time being of the Society of
Chartered Surveyors in the Republic of Ireland or to the President of the
Incorporated Law Society of Ireland shall include the duly appointed deputy of
the said President or any person authorised by either of the said Presidents to
make appointments on his behalf.
The Rent Review
2. At each Review Date the Rent shall be reviewed in accordance with the
provisions of this Schedule and from and after each Review Date the Rent payable
in respect of the Premises shall be the greater of the Rent being paid
immediately before the Review Date and the Open Market Rent on the Review Date.
Fixing the Reviewed Rent
3. The Open Market Rent at any Review Date may be agreed at any time between the
Landlord and the Tenant or (in the absence of agreement) will be determined by
an arbitrator to be appointed either by agreement between the parties or subject
to paragraph 4 of this Schedule on the application of either party made not more
than three months before or at any time after the relevant Review Date by the
Chairman for the time being of the Society of Chartered Surveyors in the
Republic of Ireland or the President for the time being of the Incorporated Law
Society of Ireland.
The Appointer
4. If the parties cannot agree which Chairman or President shall nominate the
arbitrator within 14 days, time being of the essence, of either party giving
notice to the other of its intention to make application for the appointment of
an arbitrator such notice specifying the Chairman or President who in the
opinion of the party giving the notice should make the appointment either party
may apply to the President for the time being of the Incorporated Law Society of
Ireland who will decide having regard to the issues which of the Chairman or
President would be the more appropriate to nominate the Arbitrator and whose
decision as to who shall make the said nomination shall be final and binding.
Arbitration
5. The arbitration shall be conducted in accordance with the Arbitration Acts,
1954 to 1998 and the decision of the arbitrator shall be final and binding.
Memoranda of Revised Rent
6. When the amount of any Rent to be ascertained as hereinbefore provided shall
have been so ascertained, memoranda thereof shall thereupon be signed by or on
behalf of the Landlord and the Tenant and annexed to this Lease and counterpart
thereof and the parties shall bear their own costs in respect thereof.
Payment on Account pending Determination
7. If and so often as the Rent in respect of any period has not been ascertained
pursuant to the foregoing provisions before the first day hereby appointed for
payment the Tenant shall continue to pay at the rate equal to the Rent payable
immediately before the commencement of the relevant period (such payments being
on account of the Rent for that period) until the first day for payment of the
Rent after Rent for that period has been ascertained (hereinafter called "the
Payment Date").
Payment on Determination
8. On the payment date there shall be payable by the Tenant to the Landlord by
way of rent (in addition to the amount of the Rent otherwise due on that day)
the aggregate of the amounts by which the instalments of the Rent payable on
account in respect of that period in accordance with paragraph 7 hereof fall
short of the amounts which would have been payable if the Rent for that period
had been ascertained before the first day for payment (hereinafter called "the
Ascertained Rent") and the arbitrator may direct that interest at the rate
prescribed under Section 22 Courts Act 1981 be paid on each instalment due prior
to the Payment Date on the difference between the Rent paid on account in
accordance with paragraph 7 hereof and the Ascertained Rent for the period from
the date the said instalment was due up to the date upon which payment is
actually made and the arbitrator shall so direct if in his view it is reasonable
in all the circumstances including the parties' conduct on the review and the
result of his substantive determination.
Statutory Rent Restriction
9. If at any of the Review Dates there shall be in force a statute which shall
prevent, restrict or modify the Landlord's right to review and increase the Rent
in accordance with this Lease, the Landlord shall when such restriction or
modification is removed, relaxed or modified be entitled on giving not less than
one month's notice in writing to the Tenant to proceed with any review of the
Rent which may have been prevented (or further to review the Rent in respect of
any review where the Landlord's right was restricted or modified) and the date
specified in the said notice shall be deemed for the purposes hereof to be a
Review Date (providing that nothing herein shall be construed as varying any
subsequent Review Dates) and the Landlord shall be entitled to recover any
resulting increase in Rent with effect from such date as shall then be permitted
by law.
SCHEDULE IV THE TENANT'S COVENANTS
Rent
1. To pay the rent on the days and in the manner aforesaid provided that if and
so long as the amount of rent which the Tenant is liable to pay shall be
restricted by law the Tenant will in lieu of the Rent pay the maximum amount of
rent which such restriction may from time to time allow and in such
circumstances the term "the Rent" shall be construed as meaning such maximum
amount.
Outgoings
2. To pay and indemnify the Landlord against all rates, taxes, assessments,
duties, charges, impositions and outgoings which now are or during the Term
shall be charged, assessed or imposed upon the Premises or any part thereof or
upon the owner or occupier thereof and to pay the Value Added Tax and Stamp Duty
due or payable or arising under or in connection with this Lease and the
Counterpart thereof.
Superior Lease
3. Not to do or permit to be done anything which would constitute a breach of
the covenants on the lessee's part and conditions contained in the Superior
Lease and to reimburse the Landlord and indemnify it in respect of any payments
falling due to be paid to Industrial Development Agency (Ireland) under the
terms of the superior Lease.
Insurance
4.1 To repay to the Landlord on demand the sums which the Landlord shall from
time to time pay by way of Premiums (and all of any increased premiums payable
by reason of any act use or omission by or on the part of the Tenant) for
keeping the Premises insured under the covenant on the part of the Landlord
contained in Paragraph 2 of Schedule V hereof.
4.2 Not to do or omit anything whereby any policy of insurance on the Premises
may become void or voidable wholly or in part nor (unless the Tenant shall have
previously notified the Landlord and has agreed to pay the increased premiums)
anything whereby additional insurance premiums may become payable.
4.3 In the event of the Premises or any part thereof being destroyed by any of
the Insured Risks at any time during the Term and the insurance money under any
policy of insurance effected thereon being by reason of any act or default of
the Tenant wholly or partially irrecoverable forthwith in every such case to
rebuild and reinstate at its own expense the Premises or the part destroyed or
damaged to the reasonable satisfaction and under the supervision of the Surveyor
the Tenant being allowed towards the expenses of so doing upon such rebuilding
and reinstatement being completed the amount (if any) actually received in
respect of such destruction or damage under any such insurance as aforesaid.
4.4 If at any time the Tenant shall be entitled to the benefit of any insurance
on the Premises (which is not effected or maintained in pursuance of an
obligation herein contained) then to apply all moneys received by virtue of such
insurance in making good the loss or damage in respect of which the same shall
have been received.
Repair
5. To keep the Premises (but not the foundations structure and roof) and the
Pipes therein or used exclusively by the Tenant together with the fences or
walls and any other means of demarcation on the boundaries in good and
substantial repair and condition and well cleansed and maintained.
Decoration
6. In the year 2001 and every fifth year thereafter and also in the last year of
the Term (whether determined by affluxion of time or otherwise) to prepare and
paint, grain and varnish in a good and workmanlike manner all necessary external
parts of the Premises previously or usually painted, grained and varnished
respectively in colours approved by the Landlord and in the year 2001 and every
fifth year thereafter and also in the last year of the Term whether determined
by affluxion of time or otherwise) in like manner to paint, grain, varnish,
whitewash, colour and paper with paper of a suitable quality all internal parts
of the Premises previously or usually so treated such painting (both external
and internal) to be with two coats of good quality paint previously approved by
the Landlord.
Keep Tidy
7. Not at any time during the Term to allow or permit any weeds or undergrowth
to accumulate upon the Premises or any part thereof for the time being remaining
unbuilt upon nor to cause or allow any roads or pavements abutting on the
Premises to be untidy or in a dirty condition but at all times to keep the
Premises and the said land, roads and footpaths in a clean neat and tidy state
and condition and free from weeds, deposits of materials and refuse and not to
bring or keep or suffer to be brought or kept upon any land as aforesaid any
materials, equipment or plant or anything which is or might become untidy,
uncleanly, unsightly or in any way detrimental to the amenity of the area and
within one month of the service thereof to comply with the requirements of any
written notice to restore the amenity as aforesaid and in the event of the
Tenant failing to comply with such notice the Landlord shall be entitled to
enter upon the Premises and carry out any necessary works and to recover the
cost thereof from the Tenant.
Amenity Land
8. To maintain any amenity land comprising part of the Premises in good order
and condition and properly tended, manured, planted, cultivated and restored and
keep cut and properly trimmed any grass, ▇▇▇▇▇▇, trees and bushes and not to cut
down any trees at any time growing on the Premises.
Residence
9. Not to permit or suffer the Premises or any part thereof to be used as a
residence or sleeping place of any person.
Smoke Abatement
10. To ensure that every furnace employed in the working of engines by steam or
other motive power and every other furnace employed in any building or erection
on the Premises is constructed so as substantially to consume or burn the smoke
arising therefrom and not to use or suffer to be used negligently any such
furnace so that the smoke arising therefrom is not substantially consumed or
burned and not to cause or permit any grit or noxious or offensive effluvia to
be emitted from any engine, furnace, chimney or other apparatus on the Premises
without using the best practicable means for preventing or counteracting such
emission.
Pollution
11. Not to permit any oil or grease or any deleterious objectionable, dangerous,
poisonous or explosive matter or substance to be discharged into any Pipes and
to take all reasonable measures for ensuring that any effluent so discharged
will not be corrosive or otherwise harmful to the Pipes or cause obstruction or
deposit therein nor to discharge or allow to be discharged therein any fluid of
a poisonous or noxious nature or of a kind calculated to or that does in fact
destroy sicken or injure the fish or contaminate or pollute the water of any
stream or river and not to do or omit or allow or suffer to be done or omitted
any act or thing whereby the waters of any stream or river may be polluted or
the composition thereof so changed as to render the Landlord liable to any
action or proceedings by any person whomsoever.
Drains
12. To bear and pay and indemnify the Landlord against all the costs and
expenses which the Landlord as the Owner of the Premises or any part thereof
during the continuance of the Term ought or would be liable to bear or
contribute to in or about any works, drainage or sewerage by any Act or Acts of
the Oireachtas already made or hereafter to be made or by any direction or
requirement of any local or public Authority in pursuance of any such Act or
Acts.
Roof and Floor Weighting
13.1 Not without the consent in writing of the Landlord to
(a) suspend any weight from the roof or roof trusses or use the roof or roof
trusses of any building forming part of the Premises for the storage of goods or
to place or permit or suffer to be placed any weight thereon;
(b) bring or permit to remain upon the said Buildings any safes, machinery,
goods or other articles which shall or may strain or damage the said Buildings
or any part thereof.
13.2 On any application by the Tenant for the Landlord's consent under Paragraph
13.1 hereof the Landlord shall be entitled to consult and obtain the advice of
an Engineer in relation to the roof or floor loading proposed by the Tenant and
the Tenant shall repay to the Landlord on demand the fees of such Engineer.
Refuse
14. Not to deposit or permit to be deposited any rubbish or refuse or to store,
stack or lay out any material used for the purpose of manufacture or otherwise
on any part of the land surrounding the buildings on the Premises.
Machinery
15. To keep all plant apparatus and machinery (including any boilers or lifts)
upon the Premises properly maintained and in good working order and to ensure by
directions to the Tenant's staff and otherwise that such plant apparatus and
machinery is properly operated and to avoid damage to the Premises by vibration
or otherwise.
Unloading
16. Not to unload any goods or materials from carts, wagons or lorries and
convey the same from an estate road or the public highway into the Premises
except through the approved entrance or entrances provided for the purpose and
not to cause thereby congestion of the adjoining estate roads and public
highways nor inconvenience any other use thereof and not to permit any vehicles
or animals belonging to the Tenant or its licensees, servants, agents or other
persons calling on the Tenant or the Premises to stand on the estate road or any
footpath or public highway in the neighbourhood of the Premises and to use its
best endeavours to ensure that such licensees, servants, agents, and other
persons calling on the Tenant or the Premises shall not permit any vehicle or
animals to stand on any such estate, road, footpath or public highway.
User
17.1 Not to do (or permit or suffer to remain upon the Premises or any part
thereof) anything which may be or become a nuisance, annoyance, disturbance,
inconvenience, injury or damage to the Landlord or its Tenants or the occupiers
of adjacent or neighbouring Premises.
17.2 Not to store or bring upon the Premises any article, substance or liquid of
especially combustible, inflammable or dangerous nature and to comply with all
recommendations of the insurers and fire authority as to fire precautions
relating to the Premises.
17.3 Not to use the Premises or any part thereof nor permit the same to be used
for any dangerous, noxious, noisy or offensive trade or business or as a betting
office or for residential purposes nor for any illegal or immoral act or purpose
and no sale by auction shall take place therein.
17.4 To use and occupy the Premises for such trade or business as is permitted
by the Planning Acts and any regulatory laws or instruments and as may from time
to time be approved in writing by the Landlord (such approval not to be
unreasonably withheld).
17.5 Not to use the Premises for any purpose other than the business of a
service industry as defined in the Industrial Development Act 1986 (as amended)
as may from time to time be approved by Industrial Development Agency (Ireland)
and in particular not to use the Premises for any purpose other than such as
will allow the Landlord to claim an Industrial Buildings Allowance in respect of
the Premises.
Alterations
18.1 Not to excavate or dig remove sell or dispose of any minerals, earth, clay,
gravel, chalk or sand from the Premises nor to sink any well thereon except so
far as shall be approved by the Landlord in writing.
18.2 Not to commit or permit waste and not to cut, remove, divide, alter, maim
or injure the Premises or any part thereof or any of the ceilings, walls,
floors, principal girders or structure of any buildings now or at any time
hereafter forming part of the Premises nor the Pipes in on or under or serving
the Premises nor to
(a) build, erect, construct, or place any new or additional building erections
or work on the Premises or any part thereof;
(b) make any alterations or additions or improvement to the Premises or any
buildings now or at any time hereafter forming part of the Premises.
18.3 Not to change the design or appearance or decorative scheme of the exterior
of the Premises.
PROVIDED (with reference to 18.1, 18.2 and 18.3) the Tenant shall be entitled to
apply for consent to carry out alterations or additions and the Landlords
consent shall not be unreasonably withheld.
18.4 To remove any additional buildings, additions or alterations made to the
Premises at the expiration or sooner determination of the Term if so requested
by the Landlord.
Planning Acts
19.1 To comply in all respects with the provisions and requirements of the
Planning Acts whether as to the permitted user hereunder or otherwise and to
indemnify (both after the expiration of the Term by affluxion of time or
otherwise and during its continuance) and to keep the Landlord indemnified
against all liability whatsoever including costs and expenses in respect of any
contravention thereof.
19.2 Forthwith to produce to the Landlord any notice, order or proposal,
permission or consent relating to the Premises given or issued to the Tenant by
a Planning Authority under or by virtue of the Planning Acts and at the cost of
the Landlord join with the Landlord in making any objection or representation
against the same that the Landlord shall deem appropriate.
19.3 To obtain at the expense in all respects of the Tenant all planning
permissions and serve all such notices as may be required for the carrying out
of any operations on the Premises or any use thereof at the commencement which
may constitute development provided that no application for planning permission
shall be made without the previous consent in writing of the Landlord.
19.4 Subject only to any statutory direction to the contrary to pay and satisfy
any charge or levy that may hereafter be imposed under the Planning Acts in
respect of the carrying out or maintenance of any such operations or the
commencement or continuance of any such use as aforesaid.
19.5 Notwithstanding any consent which may be granted by the Landlord under this
Lease not to carry out or make any alteration or addition to the Premises or any
change of use thereof before all necessary notices under the Planning Acts in
respect thereof have been served or before all such notices and all such
necessary planning permissions have been produced to the Landlord and in the
case of a planning permission acknowledged by it in writing as is satisfactory
to the Landlord it being understood that the Landlord may refuse so to express
its satisfaction with any such planning permission on the grounds that any
condition contained therein or anything omitted therefrom or the period thereof
would in the reasonable opinion of the Surveyor be or be likely to be
prejudicial to its interest in the Premises or the building of which the
Premises forms part whether during the Term or following the determination or
expiration thereof.
19.6 Unless the Landlord shall otherwise direct to carry out and complete before
the expiration or sooner determination of the Term;
(a) any works stipulated to be carried out to the Premises by a date subsequent
to such expiration or sooner determination as a condition of any planning
permission granted for any development begun before such expiration or sooner
determination; and
(b) any development begun upon the Premises in respect of which the Landlord
shall or may be or become liable for any charge or levy under the Planning Acts.
Statutory Obligations
20.1 At its own expense to do and execute all such works as shall be required at
any time during the Term to be done or executed in or upon the Premises by the
occupier under or by virtue of any Act being in force or by the direction of any
Local or Public Authority.
20.2 Without prejudice to the generality of the foregoing provisions to comply
in all respects with the provisions of any statutes and any other obligations
imposed by law or by any bye laws applicable to the Premises or in regard to
carrying on the trade or business for the time being carried on by the Tenant on
the Premises.
Access of Landlord and Notice to Repair
21.1 To permit the Landlord at reasonable times to enter upon the Premises for
the purpose of
(a) taking schedules or inventories of fixtures and fittings to be yielded up at
the expiration of the Term; and
(b) ascertaining that the covenants and conditions herein contained have been
duly observed and performed and in particular to view the state of repair and
condition of the Premises and of defects and wants of repair, cleansing,
maintenance amendments and painting then and there found and to give to the
Tenant or leave upon the Premises a notice in writing specifying any repairs,
cleaning, maintenance, amendments and painting necessary to be done and to
require the Tenant forthwith to execute the same.
21.2 To forthwith repair, cleanse, maintain, amend and paint the Premises as
required by such notice and in accordance with the covenants in that behalf
hereinbefore contained.
21.3 If the Tenant shall not within one month after service of such notice
proceed diligently with the execution of the same or shall have failed to
complete the same within two months to permit the Landlord and its contractors,
agents and work-men to enter upon the Premises to execute such works as may be
necessary to comply with the same and to pay to the Landlord the cost of
executing such works and all expenses incurred by the Landlord in connection
with the same (including legal costs and surveyor's fees) within fourteen days
of a written demand in that behalf.
Dealing
22.1 In the case of an underlease not to underlet the Premises at a rent below
the Rent payable by the Tenant hereunder at the date of the said underletting.
22.2 Not to assign, charge, underlet nor part with possession of the whole or
any part of the Premises except with the previous written consent of the
Landlord which shall not be unreasonably withheld and upon any assignment or
underletting to:
(a) obtain a direct covenant by the assignee or under-tenant with the Landlord
to observe and perform the covenants and restrictions of this Lease for the
remainder of the Term and in the case of an assignment to pay the rent reserved
by this Lease; and
(b) if the Landlord shall require, provide two acceptable Guarantors for any
private limited company.
22.3 To include in or to ensure that there is included in every underlease and
sub-lease similar restrictions on assignment, underletting and parting with
possession and the same provisions for direct covenants with and registration
with the Landlord as those contained in this Lease.
Signs and Advertisements
23. Not to erect any hoardings or advertising station on the Premises and not to
permit any signs, placards or bills to affixed to any buildings forming part of
the Premises other than such reasonable notices relating to the Tenant's
business which are normally and reasonably displayed subject to the approval of
the Landlord and compliance with the Planning Acts.
24. Not to erect or to bring upon the Premises or any part thereof any hut,
shed, garage, cycle shelter, store, caravan, house on wheels or any building or
erection of a temporary or moveable character, design or nature without the
approval of the Landlord such approval not to be unreasonably refused.
Notices Specifying Breach
25.1 To pay all costs, charges and expenses including Solicitors' costs and
Surveyors' fees incurred by the Landlord for the purposes of and incidental to
the preparation and service of a notice under Section 14 of the Conveyancing
Act, 1881 and Section 2 and 4 of the Conveyancing Act, 1892 or incurred in or in
contemplation of proceedings under the said Sections notwithstanding in any such
case forfeiture is avoided otherwise than by relief granted by the Court.
25.2 To pay all costs, charges and expenses including Solicitors' costs and
Surveyors' fees incurred by the Landlord for the purposes of and incidental to
the service of all notices and schedules relating to wants of repair to the
Premises and whether served during or after the expiration or sooner
determination of the Term (but relating in all cases to such wants of repair
that accrued not later than such expiration or sooner determination).
Indemnities
26. To he responsible for and to indemnify the Landlord against all damage
occasioned to the Premises or any adjacent or neighbouring Premises or to any
person and to indemnify the Landlord against all actions, claims, proceedings,
costs, expenses and demands made against the Landlord as a result of
(a) any act, omission or negligence of the Tenant or the servants, agents,
licensees or invitees of the Tenant and
(b) any breach or non-observance by the Tenant of the Tenant's Covenants and
other terms hereof.
Re-Letting Boards
27. To permit the Landlord at any time during the last six months of the Term
(or sooner if the Rent or any part thereof shall be in arrear and unpaid for
upwards of one calendar month) to enter upon the Premises and affix and retain
without interference upon any part of the Premises a notice for re-letting the
same and during such period to permit persons with written authority of the
Landlord or its agent at reasonable times of the day to view the Premises
without interruption.
Landlord's Rights
28. To permit the Landlord at all times during the Term to exercise without
interruption or interference any of the rights excepted and reserved to it by
virtue of the provisions of this Lease, creating as little disturbance,
interference or inconvenience to the Tenant as is reasonably possible.
Plans
29. If and when called upon so to do to produce to the Landlord or the Surveyor
all such Plans documents and other evidence as the Landlord may reasonably
require in order to satisfy itself that the provisions of this Lease have been
complied with in all respects.
Encroachment
30.1 Not to stock up darken or obstruct any windows or lights belonging to the
Premises or any other premises belonging to the Landlord.
30.2 Not to permit any new window light opening doorway path passage drain or
other encroachment or easement to be made or acquired in against out of or upon
the Premises and that in case any such window, light, opening, path, passage,
drain or other encroachment or easement shall be made or acquired or attempted
to be made or acquired the Tenant will give immediate notice thereof to the
Landlord and will at the request and cost of the Landlord adopt such means as
may be reasonably required or deemed proper for preventing any such encroachment
or the acquisition of any such easement.
Yield Up
31. To yield up the Premises at the expiration or sooner determination of the
Term in good and substantial repair and condition in accordance with the
Tenant's covenants and to dismantle and remove from the Premises all the
Tenant's fixtures if so required by the Landlord and to make good any part or
parts of the Premises which may be damaged in such dismantling and/or removal.
Licence Fees
32. To pay all legal costs and surveyors' fees incurred by the Landlord
attendant upon or incidental to every application made by the Tenant for a
consent or licence hereinbefore required or made necessary whether the same be
granted, refused, withdrawn or offered subject to qualifications or conditions.
Interest on Arrears
33. If and whenever the Tenant shall fail to pay the Rent or any other sum due
under this Lease within fourteen days of the due date the Tenant shall pay to
the Landlord Interest on such Rent or other money as the case may be from the
date when it was due to the date on which it is actually paid.
Sale of reversion
34. To permit upon reasonable notice at any time during the Term prospective
purchasers of or dealers in or agents instructed in connection with the sale of
the Landlord's reversion or of any interest superior to the Term upon reasonable
notice to view the Premises without interruption providing the same are
authorised in writing by the Landlord or its agents.
Notices
35. To give full particulars to the Landlord of any notice direction or order or
proposal for the same made, given or issued to the Tenant by any Local or Public
Authority within seven days of the receipt of the same and if so required by the
Landlord to produce the same to the Landlord and without delay to take all
necessary steps to comply with any such notice, direction or order and at the
request of the Landlord to make or join with the Landlord in making, such
objection or representation against or in respect of any proposal for such a
notice, direction or order as the Landlord shall deem expedient.
SCHEDULE V THE LANDLORD'S COVENANTS
Quiet Enjoyment
1. That the Tenant may peaceably and quietly hold and enjoy the Premises without
any lawful interruption or disturbance from or by the Landlord or any person
claiming under or in trust for the Landlord.
Insurance
2.1 To insure and keep insured (unless such insurance shall be vitiated by any
act of the Tenant or the Tenants servants or visitors) in such sum as the
Landlord shall from time to time be advised by the Surveyor as being the full
cost of reinstatement thereof the Premises (together with an appropriate
addition for professional fees and three years loss of rent under this Lease)
against loss or damage by any or all of the Insured Risks and to produce to the
Tenant on demand either a policy of such insurance and the receipt for the last
premium or reasonable evidence from the insurers of the terms of the policy and
the fact that the same is subsisting and in effect and (subject as hereinafter
provided) in case of destruction of or damage to the Premises by the Insured
Risks or any of them the Landlord will with all convenient speed take such steps
as may be requisite and proper to obtain any necessary permits and consents
under any regulations or enactment for the time being in force to enable the
Landlord to rebuild and reinstate the same and will as soon as such permits and
consents have been obtained, spend and lay out all monies received in respect of
such Insurance (except sums in respect of loss of rent) in rebuilding or
reinstating the part of the Premises so destroyed or damaged provided always
that if the rebuilding or reinstatement of the Premises shall be prevented or
frustrated, all such insurance monies relating to the Premises shall be the
absolute property of the Landlord.
2.2 To procure that the Insurers shall waive the subrogation rights against the
Tenant or alternatively to procure that the Tenants interest be noted on the
Insurance Policy.
2.3 To procure from the Insurers confirmation that the Policy includes a
"non-invalidation" Clause.
MAINTAIN STRUCTURE
3. To maintain and repair and keep in good order and condition the roof
foundations and the structure of the building of which the Premises forms part
provided that;
a. This covenant shall not be construed as requiring the Landlord to carry out
any works required as a result of
(i) Negligence on the part of the tenant or
(ii) On or arising out of any alterations or additions to the Premises or the
installations therein carried out by the Tenant.
b. The Landlord shall not be liable to the Tenant for any breach of this
covenant unless the Landlord shall have failed to carry out any such work within
a reasonable time after written notice of any want of repair shall have been
given by the Tenant to the Landlord.
IT IS HEREBY CERTIFIED that the consideration (other than rent) for the Lease is
wholly attributable to property which is not residential property and that the
transaction hereby effected does not form part of a larger transaction or of a
series of transactions in respect of which the amount or value or the aggregate
amount or value of the consideration (other than rent) which is attributable to
property which is not residential property exceeds five thousand pounds.
IT IS HEREBY FURTHER CERTIFIED that for the purposes of stamping this Instrument
this is an Instrument to which the provisions of Section 112 of the Finance ▇▇▇
▇▇▇▇ do not apply for the reason that there is no arrangement to erect a
dwelling house or apartment.
IT IS HEREBY FURTHER CERTIFIED that the property hereby demised is situate in
the County Borough of Galway.
IT IS HEREBY FURTHER CERTIFIED that for the purposes of Section 29 Companies Act
1990 the Landlord is not a Director or a person connected with a Director of the
Tenant or any associated or holding company.
IN WITNESS WHEREOF the seals of the parties were affixed hereto the day and year
first herein written.
SIGNED SEALED AND DELIVERED
by the said ▇▇▇▇▇▇▇ ▇. ▇'▇▇▇▇▇ /s/▇▇▇▇▇▇▇ ▇. ▇'▇▇▇▇▇
and ▇▇▇▇▇▇▇▇▇▇ ▇'▇▇▇▇▇ /s/▇▇▇▇▇▇▇▇▇▇ ▇'▇▇▇▇▇
in the presence of:
PRESENT when the Common Seal
of ▇▇▇▇▇▇▇ SYSTEMS PLC., /s/▇▇▇▇ ▇. ▇▇▇▇▇ III
was affixed hereto;
1. Definitions
1.2 The Premises
1.3 The Rights
1.4 The Exceptions
1.5 The Pipes
1.6 The Term
1.7 The Rent
1.8 The Tenant's Covenants
1.9 The Landlord's Covenants
1.10 The Insured Risks
1.11 Interest
1.12 The Planning Acts
1.13 Development
1.14 The Surveyor
1.15 Superior Lease
2. Interpretation
3. The Demise
4. The Covenants
5. Provisoes
5.1 Re-entry
5.2 Covenants relating to Adjoining Land
5.3 Accidents
5.4 Effect of Waiver
5.5 Exclusion of Use Warranty
5.6 Representations
5.7 Compensation
5.8 Service of Notices
5.9 Suspension of Rent
5.10 Net lettable space
6. Option to Surrender
Schedules
I. The Rights
1. Right of Way
2. Services
II. The Exceptions
1. Services
2. Construction of services
3. Access
4. Light
III. Rent Review
1. Definitions and Interpretation
2. The Rent Review
3. Fixing the Reviewed Rent
4. The Appointer
5. Arbitration
6. Memoranda of Revised Rent
7. Payment on Account pending Determination
8. Payment on Determination
9. Statutory Rent Restriction
IV. The Tenant's Covenants
1. Rent
2. Outgoings
3. Superior Lease
4. Insurance
5. Repair
6. Decoration
7. Keep Tidy
8. Amenity Land
9. Residence
10. Smoke Abatement
11. Pollution
12. Drains
13. Roof and Floor Weighting
14. Refuse
15. Machinery
16. Unloading
17. User
18. Alterations
19. Planning Acts
20. Statutory Obligations
21. Access of Landlord and Notice to Repair
22. Dealing
23. Signs and Advertisements
24. Temporary Buildings
25. Notices Specifying Breach
26. Indemnities
27. Reletting Boards
28. Landlord's Rights
29. Plans
30. Encroachment
31. Yield Up
32. Licence Fees
33. Interest on Arrears
34. Registration of Documents
35. Sale of Reversion
36. Notices
V. The Landlord's Covenants
1. Quiet Enjoyment
2. Insurance
3. Maintain Structure
Dated the day of 199
BETWEEN
▇▇▇▇▇▇▇ ▇. ▇'▇▇▇▇▇ AND ▇▇▇▇▇▇▇▇▇▇ ▇'▇▇▇▇▇
Landlord
▇▇▇▇▇▇▇ SYSTEMS PLC.,
Tenant
L E A S E
▇▇▇▇▇▇ ▇▇▇▇▇▇ & Co.,
Solicitors,
▇ ▇▇▇ ▇▇▇▇▇▇▇▇,
▇▇▇▇▇▇.
Ref: bl26-98/KM/MG
21.12.1998
Map of Premises