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The Court ruled in favour of the Tenant. Key clauses in the Lease Both clause 3.27 and clause 13 of the third schedule of the Lease related to the tenant’s obligations to yield up and reinstate.
In the Restaurant Group example, it has total lease obligations (net of lease receivables) of £1.1 billion. That's a long way north of the £0.5 billion estimate via the six-times multiplier.
A lease guarantee, if enforceable and signed by a party with sufficient assets to cover the tenant’s obligations, can provide a landlord with greater assurance that a tenant’s monetary ...
In 2006, the tenant signed an estoppel certificate. The estoppel certificate stated that the original lease had been "modified and amended" by various documents, including the 1998 letter.
Lease obligations are 'suffocating' retailers — and a potential court fight over a Victoria's Secret flagship NYC store highlights a wider battle between tenants and landlords By Daniel Geiger ...
Importance of Negotiating Maintenance, Repair and Replacement Obligations in Health Care Leases by: Zlata Fayer of Epstein Becker & Green, P.C. - Health Law Advisor Thursday, May 9, 2024 ...
Averaged throughout the 12-month lease term, you have an average monthly rental obligation of $1,833. In the first month, under ASC 840 or 842 standards, you would record a deferred rent liability ...