4.1 The Landlord’s Allowance in respect of the Tenant Installation Project shall be limited to the amount recorded above.
4.2 Any amounts in excess of the Landlord’s Allowance, save for costs which are expressly agreed by the Landlord in writing,
will be for the Offeror’s account and payable upon signature of the Lease Agreement, and prior to the Landlord
commencing with the Tenant Installation Project. Failure to comply herewith shall not exonerate the Offeror from any
obligations in terms of this Offer or the Lease Agreement.
4.3 Any Tenant Installation Project Overrun is payable upon signature of the lease.
5. ADDITIONAL CHARGES
5.1. In addition to the costs set out above, the Offeror shall be responsible for, and make payment on demand, to the
5.1.1. its percentage share or (in the event that there are dedicated sub-meters) its metered consumption of
electricity, water, gas and sanitary fees, consumed in the premises; and
5.1.2. its percentage share of refuse, city improvement district levies / owners’ association fees / body corporate
levies, if applicable; and
5.1.3. the designated percentage of the diesel consumed in the operation of the generator, if applicable. It is recorded
that this designated percentage payable by the Offeror in respect of diesel consumed by the generator shall be
calculated as the percentage which the total rentable area of the premises bears to the total rentable area of
the area served by the generator;
5.1.4. its percentage share of the electricity, water, gas, refuse and sanitary fees consumed in the common areas of the
5.1.5. its percentage share of the rates and taxes (quoted indicatively above) and any increases thereon as levied by
the local authority.
5.2. The percentage share shall be the percentage which the total rentable area of the Leased Premises, bears to the total
rentable area of the property / building (referred to as the “Tenant’s Percentage Share”). The total rentable area of the
Leased Premises is the usable area of the premises, plus a portion of the common areas.
5.3. The percentage share as referred to in Clause 5.1.1 shall be the percentage which the total rentable area of the Lease
Premises bears to the total rentable area of the area served by the relevant meter.
6. LEASE AGREEMENT
6.1. The Offeror hereto agrees and undertakes to enter into and sign a written Lease Agreement with the Landlord
incorporating the terms and conditions set out herein. An electronic copy of the Lease Agreement is available
, and hard copies may be obtained on request.
6.2. The Parties hereto agree and undertake that should the Offeror fail to enter into and sign such written Lease Agreement as
stated in Clause 6.1 above, the provisions of this Offer shall, provided that this Offer is accepted by the Landlord within the
period stated in Clause 12 below, constitute a lawful and binding contract between the Landlord and the Offeror.
If the Offeror fails to pay any rent or other amount due by it in terms hereof, or the Offeror commits any other breach in
terms hereof, then the Landlord shall have the right, without prejudice to and in addition to any other rights which it may
have to cancel this Offer, to retake possession of the Leased Premises, and to institute legal action for the recovery of any
damages it may have suffered.
LANDLORD’S ALLOWANCE IN RESPECT OF TENANT INSTALLATION PROJECT R______________/ m
Total contribution value R
4. TENANT INSTALLATION ALLOWANCE