TRANSITIONAL
PROVISIONS OF SCHEDULE 12 OF THE LAND REGISTRATION ACT 2002; AND
5.4
ALL MATTERS CONTAINED OR REFERRED TO IN THE
LEASES.
6.
TITLE
6.1
THE LANDLORD'S TITLE TO GRANT THE LEASES HAVING
BEEN DEDUCED TO THE TENANT PRIOR TO THE DATE HEREOF THE TENANT SHALL NOT RAISE
ANY OBJECTION TO THAT TITLE AND THE LANDLORD SHALL NOT BE REQUIRED TO REPLY TO
ANY REQUISITIONS ON THAT TITLE SAVE WHERE THE SUBJECT MATTER OF THE ENQUIRY OR
REQUISITION IS REGISTERED AT THE LAND REGISTRY OR CENTRAL LAND CHARGES REGISTER
AFTER THE DATE HEREOF OR OTHERWISE REVEALED BY THE TENANT'S SOLICITORS
PRE-COMPLETION SEARCHES.
7.
DETERMINATION
7.1
THE LANDLORD MAY DETERMINE THIS AGREEMENT BY
WRITTEN NOTICE TO THE TENANT TO THAT EFFECT IN THE EVENT THAT A DEFAULT EVENT
OCCURS IN RELATION TO THE TENANT AND WITHIN FOURTEEN WORKING DAYS THEREOF THE
TENANT OR THE GUARANTOR SHALL NOT HAVE SET ASIDE OR RECTIFIED THE DEFAULT EVENT
AND IN SUCH EVENT THE LANDLORD SHALL RE-ENTER UPON AND TAKE POSSESSION OF THE
RELEVANT PREMISES AND SUBJECT TO CLAUSE 7.2 THIS AGREEMENT SHALL CEASE.
7.2
THE DETERMINATION OF THIS AGREEMENT SHALL BE
WITHOUT PREJUDICE TO ANY OTHER RIGHTS OR REMEDIES OF THE LANDLORD AGAINST THE
TENANT FOR THE BREACH NON-OBSERVANCE OR NON-PERFORMANCE OF ANY OF THEIR
OBLIGATIONS UNDER THIS AGREEMENT.
6
8.
REPRESENTATIONS
The Tenant acknowledges that it has not relied on any representation by or on
behalf of the Landlord in entering into this agreement apart from the Landlord's
solicitors' written replies to the Tenant's written enquiries before contract.
9.
ALIENATION
The Tenant is not permitted to assign charge or otherwise deal with the benefit
of this agreement in whole or in part nor prior to the grant of the Leases make
any disposition of the Premises.
10.
NOTICES
10.1
ANY NOTICE SERVED UNDER THIS AGREEMENT SHALL BE
VALIDLY SERVED IF:
10.1.1
IT IS SENT BY FACSIMILE TRANSMISSION OR BY
RECORDED DELIVERY POST OR PERSONALLY DELIVERED TO THE REGISTERED OFFICE OF THE
PARTY BEING SERVED OR TO SUCH ALTERNATIVE ADDRESS AS IT SHALL NOMINATE IN
WRITING FOR THAT PURPOSE; OR
10.1.2
IT IS SERVED IN ACCORDANCE WITH SECTION 196 OF
THE LAW OF PROPERTY ACT 1925 (AS AMENDED BY THE RECORDED DELIVERY ACT 1962.
10.2
ANY NOTICE OR OTHER COMMUNICATION GIVEN BY OR TO ANY
PARTY IN ACCORDANCE WITH THIS AGREEMENT MAY BE GIVEN BY OR TO THAT PARTY'S
SOLICITORS.
11.
VALUE ADDED TAX
11.1
ALL SUMS PAYABLE UNDER THIS AGREEMENT BY ANY PARTY TO
ANY OTHER SHALL BE DEEMED TO BE EXCLUSIVE OF ANY APPLICABLE VAT.
11.2
WHERE PURSUANT TO THE TERMS OF THIS AGREEMENT ANY
PARTY MAKES A SUPPLY TO ANY OTHER AND VAT IS PAYABLE IN RESPECT OF SUCH SUPPLY
THE PARTY RECEIVING SUCH SUPPLY SHALL PAY TO THE PARTY MAKING THE SUPPLY ON
DELIVERY OF A VALID VAT INVOICE IN RESPECT THEREOF A SUM EQUAL TO THE AMOUNT OF
VAT SO PAYABLE AND SHALL MAKE SUCH PAYMENT:-
11.2.1
AT THE SAME TIME AS THE PAYMENT TO WHICH SUCH
VAT