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Key definition

Plans definition

What does Plans mean? Describes the set of design and technical documents for a project. In practice, parties use Plans to mean the drawings and related information that describe the works and are relied upon for design, planning, procurement and construction. The term is not generally defined by statute or case law; its scope is fixed by the contract or licence. Plans means all plans, drawings, models, specifications, reports, design documents and any other materials provided by the Licensor for the purposes of the Project, in hard copy or electronic form, including (without limitation) CAD/BIM models, federated models, schedules, surveys, calculations, method statements, datasheets and...

Supplemental Leases to Replace Garage Plan: Surrender & Drafting

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Lease Variations—surrender and re-grant issues

Granting a lease establishes a legal arrangement over a defined parcel of land for a set period. As a rule, you cannot enlarge either the land covered by the lease or the duration of its term without first surrendering the existing lease and granting a replacement. Should the parties try to implement such a change, the law will treat their bargain as a surrender and re-grant, regardless of what they intended. In that event, the extra period becomes a fresh term commencing on the date of the surrender and re-grant. If the effect is not avoided (and there are methods), the fallout from a surrender and re-grant can be substantial for landlord or tenant; see Practice Note: Lease variations—surrender and re-grant issues...

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Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

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