Example sentences of "prevailing [prep] the time of " in BNC.
Next page| No | Sentence |
|---|---|
| 1 | Example 4:3 Index-linked rent : upwards only YIELDING AND PAYING the annual sum of £ … ( " the basic rent " ) payable quarterly in advance on the 25th of March the 24th of June the 29th of September and the 25th of December in each year and in addition such sum payable on each of the above dates in advance ( " the index-linked rent " ) as bears the same proportion to one quarter of the basic rent as is borne by the figure shown in the General Index of Retail Prices ( " the index " ) for the month immediately preceding the months in which payment of any particular instalment of rent is due to the figure ( which is the figure shown in that index for the month of … ) minus one quarter of the basic rent PROVIDED THAT ( 1 ) if after the date of this lease the index is calculated by reference to a different base date or base figure then the index-linked rent shall be calculated as if that change had not taken place ( 2 ) if the index ceases to be published or if for any reason it becomes impossible or impracticable to calculate the index-linked rent then either the landlord or the tenant may by notice require the rent to be thenceforth reviewed at such times and in such manner as may be agreed between them or in default of agreement be determined by a single arbitrator to be appointed by the President for the time being of the Royal Institution of Chartered Surveyors who shall have regard to market practice prevailing at the time of such notice in relation to new lettings of property of the same type as the demised property ( 3 ) in no circumstances shall the total rent payable under this lease be less than the basic rent |
| 2 | Secondly , he may provide for the premium to be decapitalised , either at a fixed number of years ' purchase or at the rate prevailing at the time of the subletting , with the amount thus calculated being added to the rent reserved by the sublease for the purposes of the rent review under the headlease . |
| 3 | In addition , the investors will be keen to obtain warranties in respect of the business plan and future financial forecasts along the following lines : ( a ) The Business Plan has been carefully prepared in good faith having regard to the information available and the market conditions prevailing at the time of its preparation and the figures contained therein have been carefully considered and are honestly believed to be reasonable and the Managers have made all reasonable enquiries so as to ascertain all such information and conditions which are relevant to the preparation of the forecasts contained therein . |
| 4 | It is surely reasonable to maintain that the parties assumed to contract in the light of the scientific knowledge prevailing at the time of delivery . |
| 5 | Interest rates , defined simply as the cost of borrowing , reflect the market rates prevailing at the time of obtaining a loan . |