Page 11 - Management
P. 11

1.     INTERPRETATION                        but any such dates shall be estimates only and time shall
                                                                not be of the essence for performance of the Services.
                   1.1    Definitions:
                                                                2.3    Lake  &  Co  shall  have  the  right  to  make  any
                   Business Day means a day other than a Saturday, Sunday   changes to the Services which are necessary to comply
                   or public holiday in England when banks in London are   with any applicable law or safety requirement, and Lake &
                   open for business.                           Co shall notify the Client in any such event or which do
                                                                not materially affect the nature or quality of the Services.
                   Charges  mean the charges set out Schedule 1 and
                   payable  by  the  Client  for  the  supply  of  the  Services  in   3.   CLIENT'S OBLIGATIONS
                   accordance with clause 4.
                                                                3.1    The Client shall:
                   Commencement Date:
                                                                3.1.1   provide Lake & Co, its employees,  agents,
                   Control means shall be as defined in section 1124 of the   consultants and subcontractors, with access to the
                   Corporation Tax Act 2010, and the expression change   Property and other facilities connected to the Property as
                   of Control shall be construed accordingly.   reasonably required by Lake & Co;

                   Client means the person or firm who purchases Services
                   from Lake & Co.
                                                                3.1.2   provide Lake & Co with such information and
                   Client Default means has the meaning set out in clause   materials as Lake & Co may reasonably require in order
                   3.2.                                         to supply the Services, and ensure that such information
                                                                is accurate in all material respects;
                   Intellectual Property Rights  means copyright and
                   related rights, trade marks, business names and domain   3.1.3   obtain  and  maintain  all  necessary  licences,
                   names, rights in get-up, goodwill and the right to sue for   permissions and consents which may be required before
                   passing off, rights in designs, database rights, rights to use,   the date on which the Services are to start;
                   and protect the confidentiality of, confidential information
                   (including know-how), and all other intellectual property   3.1.4   upon request, provide Lake & Co with relevant
                   rights, in each case whether registered or unregistered   identity documents required by law to confirm the identity
                   and including all applications and rights to apply for and be   of the Client.
                   granted, renewals or extensions of, and rights to claim   3.2
                   priority from, such  rights and  all similar or equivalent   If Lake & Co's performance  of any of its
                   rights or forms of protection which subsist or will subsist   obligations under this Agreement is prevented or delayed
                                                                by  any  act  or  omission  by  the  Client  or  failure  by  the
                   now or in the future in any part of the world.
                                                                Client to perform any relevant obligation (Client
                   Lake & Co means LAKE & CO PROPERTY LONDON    Default):
                   LIMITED a company incorporated in England and Wales   3.2.1
                                                                       Lake & Co shall without limiting its other rights
                   with company no. 07454088 whose registered address is   or remedies have the right to suspend performance of the
                   5A Bear Lane, London SE1 0UH
                                                                Services until the Client remedies the Client Default, and
                   Services means the services, set out in Schedule 2.   to  rely  on  the  Client  Default  to  relieve  it  from  the
                                                                performance of any of its obligations to the extent the
                   1.2    Interpretation:                       Client Default prevents or delays Lake & Co's
                                                                performance of any of its obligations;
                   1.2.1   A reference to a statute or statutory provision
                   is a reference to it as amended or re-enacted. A reference   3.2.2   Lake & Co shall not be liable for any costs or
                   to  a  statute  or  statutory  provision  includes  any   losses sustained or incurred by the Client arising directly
                   subordinate  legislation made under that statute or   or indirectly from Lake & Co's failure or delay to perform
                   statutory provision, as amended or re-enacted.   any of its obligations as set out in this clause 3.2; and
                   1.2.2   A reference to writing or written includes email.   3.2.3   the Client shall reimburse Lake & Co on written
                                                                demand for any costs or losses sustained or incurred by
                   2.     SUPPLY OF SERVICES                    Lake & Co arising directly or indirectly from the Client
                   2.1    Lake & Co shall supply the Services to the Client   Default.
                   in accordance with all reasonable care, skill and attention   3.3   Should the Client decide not to proceed with
                   and in line with good industry practice. During the term   any works or repairs to the Property that  have  been
                   of this Agreement the Client may request additional   advised  by  Lake  &  Co  as  necessary,  and  reoccurring
                   services the fee for which shall be notified to the Client   problems  arise  as  a  result,  Lake  &  Co  may  charge  the
                   by Lake & Co in writing.
                                                                Client  an additional fee of a daily rate of  £650.00 to
                   2.2    Lake & Co shall use all reasonable endeavours   manage the repair.
                   to meet any performance dates notified to it by the Client,
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