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,