1 Sinking Fund 1.1 Definitions In this clause, the following additional definitions apply: Fund Account • an interest-bearing [trust] account [opened with [name of bank]] in the name of the Landlord; Sinking Fund • a fund which the Landlord may, but is not obliged to, establish and maintain from time to time in order to receive and hold a Sinking Fund Contribution; Sinking Fund Contribution • the amount (if any) in each Service Charge Period that the Landlord [(acting reasonably)] estimates as a fair annual contribution by the Tenant towards anticipated future expenditure on the [ [major] repair,] renewal and/or replacement [of the [Property OR Building OR Centre] AND Plant] (including any applicable VAT to the extent that the Landlord cannot obtain a credit for that VAT from HM Revenue & Customs). 1.2 Payment of Sinking Fund Contribution 1.2.1 The Tenant must pay the Sinking Fund Contribution to the Landlord, without any deduction or set-off, [on the first day of each Service Charge Period OR by equal instalments in advance on the Rent Days OR on [other]], but the first payment of the Sinking Fund Contribution is: (a) the amount (apportioned on

1 Definitions Original Lease • a lease of the Property dated [date] made between (1) [the Landlord OR [name of original landlord]] and (2) [the Undertenant OR [name of original tenant under the Original Lease]]; Term • a term of years starting

1 Additional definitions in this Precedent The following definitions are those referred to in these sample clauses. The terms ‘Landlord’, ‘Market Rent ’, ‘Tenant’, ‘Property’, ‘Building’, ‘Common Parts’, ‘Service Media‘, ‘Term’, ‘Permitted Part’ and ‘Permitted Use’ are as defined in the Precedent: Lease of part—offices. Environmental Performance all or any of the following: (a) the consumption of energy and associated generation of greenhouse gas emissions; (b) the consumption of water; (c) waste generation and management; and (d) any other environmental impact arising from the use or operation of the Property, Common Parts and/or the Building; EPC an Energy Performance Certificate and recommendation report (as defined in the EPC Regulations); EPC Regulations the Energy Performance of Buildings (England and Wales) Regulations 2012; MEES Regulations the Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015; Acknowledgment of Current EPCs 1 Additional EPC related definitions for this clause 1.1 Current Building EPC the EPC for the Building reference no. [number] and [dated] [a copy of which is attached at schedule [number]]; Current Common Parts EPC the

Introduction This playbook provides guidance for negotiating the terms of an alterations clause in relation to a lease of part of a larger building such as an office block or a shopping centre (or some other equivalent retail environment) to make them more favourable for a tenant (‘tenant-friendly’ or ‘pro-tenant’). It includes preferred provisions, fallback language, and drafting notes that favour the prospective tenant. This playbook can be used by lawyers acting for prospective tenants and in-house counsel, who should modify the playbook as necessary to address client-specific issues and ensure that the client’s interests are fully protected. The level of risk noted in the playbook may vary depending on the client. The playbook includes preferred provisions, fallback language, and guidance that favour the prospective tenant. Note that this playbook does not include drafting for scenarios where the tenant enjoys a substantial negotiating advantage (eg where the tenant is an anchor tenant). This is one of a collection of playbooks which provide guidance for negotiating pro-tenant clauses in relation to a lease of part of a larger building

Introduction This playbook provides guidance for negotiating the terms of an assignment clause in relation to a lease of part of a larger building such as an office block or a shopping centre (or some other equivalent retail environment) to make them more favourable for a tenant (‘tenant-friendly’ or ‘pro-tenant’). It includes preferred provisions, fallback language, and drafting notes that favour the prospective tenant. This playbook can be used by lawyers acting for prospective tenants and in-house counsel, who should modify the playbook as necessary to address client-specific issues and ensure that the client’s interests are fully protected. The level of risk noted in the playbook may vary depending on the client. Note that this playbook does not include drafting for scenarios where the tenant enjoys a substantial negotiating advantage (eg where the tenant is an anchor tenant). This is one of a collection of pro-tenant playbooks. For a list of the other playbooks in the collection, together with a list of other content related to commercial tenancies, see the Commercial tenancies subtopic. For examples of precedent

Introduction This playbook provides guidance for negotiating the terms of a charging clause in relation to a lease of part of a larger building such as an office block or a shopping centre (or some other equivalent retail environment) to make them more favourable for a tenant (‘tenant-friendly’ or ‘pro-tenant’). It includes preferred provisions, fallback language, and drafting notes that favour the prospective tenant. This playbook can be used by lawyers acting for prospective tenants and in-house counsel, who should modify the playbook as necessary to address client-specific issues and ensure that the client’s interests are fully protected. The level of risk noted in the playbook may vary depending on the client. Note that this playbook does not include drafting for scenarios where the tenant enjoys a substantial negotiating advantage (eg where the tenant is an anchor tenant). This is one of a collection of pro-tenant playbooks. For a list of the other playbooks in the collection,

Introduction This playbook provides guidance for negotiating the terms of a forfeiture (or right of re-entry) clause in relation to a lease of part of a larger building such as an office block or a shopping centre (or some other equivalent retail environment) to make them more favourable for a tenant (‘tenant-friendly’ or ‘pro-tenant’). It includes preferred provisions, fallback language, and drafting notes that favour the prospective tenant. This playbook can be used by lawyers acting for prospective tenants and in-house counsel, who should modify the playbook as necessary to address client-specific issues and ensure that the client’s interests are fully protected. The level of risk noted in the playbook may vary depending on the client. Note that this playbook does not include drafting for scenarios where the tenant enjoys a substantial negotiating advantage (eg where the tenant is an anchor tenant). This is one of a collection of pro-tenant playbooks. For a list of the other playbooks in the collection, together with a list of other content related to commercial tenancies, see the Commercial tenancies

Introduction This playbook provides guidance for negotiating the terms of a guarantee clause in relation to a lease of part of a larger building such as an office block or a shopping centre (or some other equivalent retail environment) to make them more favourable for a tenant (‘tenant-friendly’ or ‘pro-tenant’). It includes preferred provisions, fallback language, and drafting notes that favour the prospective tenant. This playbook can be used by lawyers acting for prospective tenants and in-house counsel, who should modify the playbook as necessary to address client-specific issues and ensure that the client’s interests are fully protected. The level of risk noted in the playbook may vary depending on the client. Note that this playbook does not include drafting for scenarios where the tenant enjoys a substantial negotiating advantage (eg where the tenant is an anchor tenant). This is one of a collection of pro-tenant playbooks. For a list of the other playbooks in the collection, together with a list of other content related to commercial tenancies, see the Commercial tenancies subtopic. For examples of precedent

Introduction This playbook provides guidance for negotiating the terms of clause dealing with parting with or sharing possession or occupation in relation to a lease of part of a larger building such as an office block or a shopping centre (or some other equivalent retail environment) to make them more favourable for a tenant (‘tenant-friendly’ or ‘pro-tenant’). It includes preferred provisions, fallback language, and drafting notes that favour the prospective tenant. This playbook can be used by lawyers acting for prospective tenants and in-house counsel, who should modify the playbook as necessary to address client-specific issues and ensure that the client’s interests are fully protected. The level of risk noted in the playbook may vary depending on the client. Note that this playbook does not include drafting for scenarios where the tenant enjoys a substantial negotiating advantage (eg where the tenant is an anchor tenant). This is one of a collection of pro-tenant playbooks. For a list of the other playbooks in the collection, together with a list of other content related

Introduction This playbook provides guidance for negotiating the terms of a repair and/or decoration clause in relation to a lease of part of a larger building such as an office block or a shopping centre (or some other equivalent retail environment) to make them more favourable for a tenant (‘tenant-friendly’ or ‘pro-tenant’). It includes preferred provisions, fallback language, and drafting notes that favour the prospective tenant. This playbook can be used by lawyers acting for prospective tenants and in-house counsel, who should modify the playbook as necessary to address client-specific issues and ensure that the client’s interests are fully protected. The level of risk noted in the playbook may vary depending on the client. Note that this playbook does not include drafting for scenarios where the tenant enjoys a substantial negotiating advantage (eg where the tenant is an anchor tenant). This is one of a collection of pro-tenant playbooks. For a list of the other playbooks in the collection, together with a list of other content related to commercial tenancies, see the Commercial tenancies

Introduction This playbook provides guidance for negotiating the terms of a clause dealing with signage (ie advertisements, signs, etc) in relation to a lease of part of a larger building such as an office block or a shopping centre (or some other equivalent retail environment) to make them more favourable for a tenant (‘tenant-friendly’ or ‘pro-tenant’). It includes preferred provisions, fallback language, and drafting notes that favour the prospective tenant. This playbook can be used by lawyers acting for prospective tenants and in-house counsel, who should modify the playbook as necessary to address client-specific issues and ensure that the client’s interests are fully protected. The level of risk noted in the playbook may vary depending on the client. Note that this playbook does not include drafting for scenarios where the tenant enjoys a substantial negotiating advantage (eg where the tenant is an anchor tenant). This is one of a collection of pro-tenant playbooks. For a list of the other playbooks in the

Introduction This playbook provides guidance for negotiating the terms of a tenant’s break right ((also known as a tenant’s break clause or tenant’s option to break/determine) in relation to a lease of part of a larger building such as an office block or a shopping centre (or some other equivalent retail environment) to make them more favourable for a tenant (‘tenant-friendly’ or ‘pro-tenant’). It includes preferred provisions, fallback language, and drafting notes that favour the prospective tenant. This playbook can be used by lawyers acting for prospective tenants and in-house counsel, who should modify the playbook as necessary to address client-specific issues and ensure that the client’s interests are fully protected. The level of risk noted in the playbook may vary depending on the client. Note that this playbook does not include drafting for scenarios where the tenant enjoys a substantial negotiating advantage (eg where the tenant is an anchor tenant). This is one of a collection of pro-tenant playbooks. For a list of the other playbooks in the collection, together with a list of