Business Hours
Charge within 14 days of written demand (either quarterly or by monthly
instalments)
5.
LANDLORD'S COVENANTS
The Landlord covenants with the Tenant:
5.1
QUIET ENJOYMENT
The Tenant may peaceably hold and enjoy the Premises without any lawful
interruption by the Landlord or any person rightfully claiming through under or
in trust for it or by title paramount
5.2
INSURANCE
(A)
TO KEEP THE BUILDING (INCLUDING THE PREMISES AND
ALL MEANS OF ACCESS THERETO WITHIN THE BUILDING) (EXCEPT ALL TENANTS' PLANT AND
EQUIPMENT AND TRADE FIXTURES) INSURED AGAINST THE INSURED RISKS IN SUCH SUM AS
IN THE LANDLORD'S REASONABLE OPINION (HAVING TAKEN APPROPRIATE PROFESSIONAL
ADVICE) REPRESENTS ITS THEN FULL CURRENT REINSTATEMENT COST (TOGETHER WITH
ARCHITECTS AND OTHER PROFESSIONAL FEES COSTS OF DEMOLITION AND SITE CLEARANCE)
WITH A REPUTABLE INSURANCE COMPANY AND TO USE REASONABLE ENDEAVOURS TO PROCURE
(WHETHER BY SPECIFIC NOTICE OR GENERAL CLAUSE) THAT THE TENANT'S INTEREST IS
NOTED ON THE POLICY OF INSURANCE AND THE INSURER WAIVES ANY RIGHTS OF
SUBROGATION IT MAY HAVE AGAINST THE TENANT AND THAT THE POLICY CONTAINS A
NON-INVALIDATION CLAUSE
(B)
TO INSURE AND KEEP INSURED:
(1)
ALL AIR CONDITIONING HEATING AND HOT WATER
SYSTEMS AND BOILERS (IF ANY) AGAINST EXPLOSION THIRD PARTY AND ALL OTHER USUAL
AND NECESSARY RISKS SUCH INSURANCE TO PROVIDE FOR PERIODICAL INSPECTION OF THE
SAID BOILERS TO BE ARRANGED BY THE INSURERS; AND
(2)
ALL LIFTS AGAINST MECHANICAL AND ELECTRICAL
BREAKDOWN THIRD PARTY AND ALL OTHER USUAL AND NECESSARY RISKS SUCH INSURANCE TO
PROVIDE FOR PERIODICAL INSPECTION OF THE SAID LIFTS TO BE ARRANGED BY THE
INSURERS
and cause all monies received by virtue of any such insurances to be laid out in
making good the said central heating and hot water systems and boilers or the
said lifts (as the case may be)
25
5.2.2
ON REQUEST TO SUPPLY THE TENANT (BUT NOT
MORE FREQUENTLY THAN ONCE IN ANY PERIOD OF TWELVE MONTHS UNLESS THERE IS A
CHANGE IN THE INSURANCE POLICY) WITH FULL PARTICULARS OF SUCH INSURANCE POLICY
OR POLICIES
5.2.3
IF AND WHENEVER DURING THE TERM THE
PREMISES THE BUILDING OR ANY MEANS OF ACCESS TO THE PREMISES WITHIN THE BUILDING
(EXCEPT AS AFORESAID) IS DAMAGED OR DESTROYED BY AN INSURED RISK AND TO THE
EXTENT THAT PAYMENT OF THE INSURANCE MONIES IS NOT REFUSED BECAUSE OF ANY ACT
NEGLECT DEFAULT OR OMISSION OF THE TENANT OR OF ANY PERSON DERIVING TITLE UNDER
OR THROUGH THE TENANT OR THEIR RESPECTIVE SERVANTS AGENTS AND INVITEES THE
LANDLORD WILL WITH ALL REASONABLE SPEED TAKE ALL THE NECESSARY STEPS TO OBTAIN
ANY REQUISITE PLANNING PERMISSIONS AND CONSENTS AND IMMEDIATELY
AFTER THEY ARE
OBTAINED TO LAY OUT THE MONEY RECEIVED FROM THE INSURANCE OF THE BUILDING
(EXCEPT SUMS IN RESPECT OF PUBLIC LIABILITY AND EMPLOYER'S LIABILITY AND LOSS OF
RENT) TOWARDS REPLACING AND REINSTATING (BUT NOT NECESSARILY IN FACSIMILE
REINSTATEMENT) THE DAMAGED OR DESTROYED PARTS OF THE BUILDING AND IN THE CASE OF
THE PREMISES TO THE REINSTATEMENT SPECIFICATION AS SOON AS REASONABLY
PRACTICABLE (THE LANDLORD AGREEING