THE OCCUPATION UNDER THIS LEASE IS ONLY OF CORRIDOR AREAS
AND DUCTS COMMON TO THE SUB-DEMISES)
(D)
TO INCLUDE A PROVISION EXCLUDING SECTIONS 24 TO
28 INCLUSIVE OF THE LANDLORD AND TENANT ACT 1954 AND COMPLYING WITH PARAGRAPH 5
OF SCHEDULE 2 TO THE REGULATORY REFORM (BUSINESS TENANCIES) (ENGLAND AND WALES)
ORDER 2003
4.15.11
TO ENFORCE THE OBSERVANCE AND PERFORMANCE BY EVERY
SUCH UNDERLESSEE AND ITS SUCCESSORS IN TITLE OF THE PROVISIONS OF THE UNDERLEASE
AND NOT EXPRESSLY OR IMPLIEDLY TO WAIVE ANY BREACH OF THEM NOR (WITHOUT THE
LANDLORD'S CONSENT WHICH SHALL NOT BE UNREASONABLY WITHHELD OR DELAYED) VARY THE
TERMS OF ANY UNDERLEASE
19
4.15.12
NOT TO AGREE ANY REVIEWED RENT PAYABLE UNDER AN
UNDERLEASE WITHOUT THE LANDLORD'S CONSENT (PROVIDED ALWAYS THAT THE LANDLORD
SHALL NOT UNREASONABLY WITHHOLD OR DELAY ANY CONSENT REQUIRED UNDER THIS
SUB-PARAGRAPH) AND TO PROCURE THAT ANY REPRESENTATIONS WHICH THE LANDLORD MAY
WISH TO MAKE IN RELATION TO THE RENT REVIEW ARE DULY SUBMITTED TO THE
UNDERLESSEE (OR, IN THE CASE OF THE TENANT AND UNDERLESSEE NOT BEING ABLE TO
AGREE THE REVIEWED RENT PAYABLE UNDER THE UNDERLEASE TO THE INDEPENDENT PERSON
AGREED OR SELECTED TO DECIDE THE REVIEWED RENT) AND TO PROVIDE TO THE LANDLORD
PROMPTLY ON THE SAME BECOMING AVAILABLE COPIES OF ANY REPRESENTATIONS MADE BY OR
ON BEHALF OF THE TENANT OR THE UNDERLESSEE IN RELATION TO SUCH RENT REVIEW AND
PROVIDED THAT THE LANDLORD SHALL BE RESPONSIBLE FOR ITS OWN COSTS
(Sharing occupation)
4.15.13
NOT TO PART WITH OR SHARE THE OCCUPATION OF THE
PREMISES OR ANY PART OF THEM EXCEPT THAT THE TENANT MAY SHARE OCCUPATION WITH A
COMPANY WHICH IS (BUT ONLY FOR SO LONG AS IT REMAINS) EITHER THE HOLDING COMPANY
OF THE TENANT OR A MAJORITY-OWNED SUBSIDIARY OF THE TENANT OR OF THE TENANT'S
HOLDING COMPANY (AS THOSE EXPRESSIONS ARE DEFINED IN SECTION 42 OF THE LANDLORD
AND TENANT ACT 1954) SO LONG AS THE TENANT DOES NOT GRANT THE PERSON SHARING
OCCUPATION EXCLUSIVE POSSESSION (SO THAT SUCH COMPANY OCCUPIES AS LICENSEE ONLY
WITHOUT CREATING ANY RELATIONSHIP OF LANDLORD AND TENANT) NOR OTHERWISE TRANSFER
OR CREATE A LEGAL ESTATE AND THE TENANT SHALL NOTIFY THE LANDLORD OF THE
IDENTITY OF EACH COMPANY IN OCCUPATION
4.16
REGISTRATION
4.16.1
WITHIN TWENTY-EIGHT DAYS AFTER ANY DISPOSITION
OR DEVOLUTION OF THIS LEASE OR OF ANY ESTATE OR INTEREST IN OR DERIVED OUT OF IT
TO GIVE NOTICE IN DUPLICATE OF THE RELEVANT TRANSACTION TO THE LANDLORD FOR
REGISTRATION WITH A CERTIFIED COPY OF THE RELEVANT INSTRUMENT AND TO PAY TO THE
LANDLORD A FAIR AND REASONABLE FEE FOR EACH SUCH REGISTRATION OF NOT LESS THAN
TWENTY FIVE POUNDS
4.16.2
TO NOTIFY THE LANDLORD
OF THE DETERMINATION OR
AGREEMENT OF EVERY RENT REVIEW UNDER ANY UNDERLEASE OF THE PREMISES WITHIN 28
DAYS AFTER THE DATE OF DETERMINATION OR AGREEMENT
4.17
PAYMENT OF COST OF NOTICES CONSENTS ETC.
To pay on demand all reasonable and proper expenses (including counsels'
solicitors' surveyors' and bailiffs' fees) properly incurred by the Landlord in
and