OR
THE GUARANTOR FOR THE TIME BEING ARE TWO OR MORE PERSONS OBLIGATIONS EXPRESSED
OR IMPLIED TO BE MADE BY OR WITH SUCH PARTY ARE DEEMED TO BE MADE BY OR WITH
SUCH PERSONS JOINTLY AND SEVERALLY AND REFERENCES HEREIN TO THE LANDLORD THE
TENANT OR THE GUARANTOR SHALL INCLUDE REFERENCE TO ANY ONE OF SUCH PERSONS
1.3.11
REFERENCES TO ANY RIGHT OF THE
LANDLORD TO HAVE ACCESS TO THE DEMISED PREMISES SHALL BE CONSTRUED AS EXTENDING
TO ANY SUPERIOR LANDLORD AND ANY MORTGAGEE OF THE DEMISED PREMISES AND TO ALL
PERSONS AUTHORISED BY THE LANDLORD AND ANY SUPERIOR LANDLORD OR MORTGAGEE
(INCLUDING AGENTS PROFESSIONAL ADVISERS CONTRACTORS WORKMEN AND OTHERS) AND THE
EXPRESSIONS "SUPERIOR LANDLORD" AND "SUPERIOR LANDLORDS" MEAN
5
ANY PERSON OR PERSONS NOW OR HEREAFTER HAVING A TITLE TO THE DEMISED PREMISES IN
REVERSION MEDIATELY OR IMMEDIATELY EXPECTANT UPON THE TERMINATION OF THE
LANDLORD'S TITLE
1.3.12
ANY PROVISIONS IN THIS LEASE
REFERRING TO THE CONSENT OR APPROVAL OF THE LANDLORD SHALL BE CONSTRUED AS ALSO
REQUIRING THE CONSENT OR APPROVAL OF ANY MORTGAGEE OF THE DEMISED PREMISES AND
ANY SUPERIOR LANDLORD WHERE SUCH CONSENT SHALL BE REQUIRED BUT NOTHING IN THIS
LEASE SHALL BE CONSTRUED AS IMPLYING THAT ANY OBLIGATION IS IMPOSED UPON ANY
MORTGAGEE OR ANY SUPERIOR LANDLORD NOT UNREASONABLY TO REFUSE ANY SUCH CONSENT
OR APPROVAL
1.3.13
ANY REFERENCES TO A SPECIFIC
STATUTE INCLUDE ANY STATUTORY EXTENSION OR MODIFICATION AMENDMENT OR
RE-ENACTMENT OF SUCH STATUTE (EXCEPT THE TOWN AND COUNTRY PLANNING (USE CLASSES)
ORDER 1987) AND ANY REGULATIONS OR ORDERS MADE UNDER SUCH STATUTE (INCLUDING THE
SAID ORDER) AND ANY GENERAL REFERENCE TO 'STATUTE' OR 'STATUTES' OR 'ACT OF
PARLIAMENT' OR 'ACTS OF PARLIAMENT' INCLUDES ANY REGULATIONS OR ORDERS MADE
UNDER SUCH STATUTE OR STATUTES
2.
DEMISE
IN consideration of the rents and other obligations on the Tenant's part
contained in this lease the Landlord demises the Demised Premises to the Tenant
TOGETHER WITH the rights specified in schedule 1 and EXCEPTING AND RESERVING to
the Landlord (including its successors in title) and all persons authorised by
the Landlord and/or who have or to whom the Landlord may grant the same or
similar rights the rights specified in schedule 2 TO HOLD the Demised Premises
for a term of years commencing on 30 March 2005 and expiring (subject to the
earlier determination as hereinafter provided) on 24 March 2015 ("the
Contractual Term") SUBJECT to the matters contained or referred to in the
documents specified in schedule 3 YIELDING AND PAYING for the Demised Premises
for the period beginning on the commencement of the Term to 29 March 2006
the
rent of a peppercorn if demanded and thereafter during the Term (and by way of
bankers standing order if so required by the Landlord) the principle yearly rent
of ONE HUNDRED AND SIXTY THOUSAND THREE HUNDRED POUNDS (£160,300) or such other
amount as shall become payable under the provisions of clause 3.2 such yearly
rent to be paid by equal quarterly payments in advance on the