Before-and-after example: lease (extract)


Before

In consideration of the rents and the covenants on the part of the Lessee and the conditions hereinafter reserved and contained the Lessor HEREBY DEMISES unto the Lessee (a) ALL THAT the premises more particularly described in the First Schedule hereto all of which premises are hereinafter referred to as "the Demised Premises" (being part of the land buildings and appurtenances at 36-40 High Street North Surbiton Surrey such land buildings and appurtenances being edged blue on the plan annexed hereto and being hereinafter as "the Development") TOGETHER WITH the appurtenances thereunto belonging AND TOGETHER ALSO with the several easements and other rights specified in the second Schedule hereto EXCEPTED AND RESERVED unto the Lessor the several easements and other rights specified in the Third Schedule hereto TO HOLD the same unto the Lessee from the twenty third day of May One thousand nine hundred and ninety-three for the term of twenty years thence next ensuing YIELDING AND PAYING therefor unto the Lessor during the said term hereby granted (a) during the first five years of the said term the yearly rent of Five thousand seven hundred and fifty pounds and (b) during the remainder of the said term the greater of the yearly rent of Five thousand seven hundred and fifty pounds or the yearly rent of an amount equal to and calculated and ascertained from time to time in accordance with the Fifth Schedule hereto All such rents to be paid by equal quarterly payments to be made in advance on the four usual quarter days in every year without any deduction whatsoever the first payment for the proportion of a quarter for the period from the day of to the day of One thousand nine hundred and ninety to be made on or before the signing hereof

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