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Model Answer - Deed of variation (Clean)

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DATED
------------
DEED OF VARIATION OF CONTRACT
between
GLOBAL REAL PROPERTY LTD
and
RETROFITTING RETAIL CONTRACTORS LIMITED
CONTENTS
____________________________________________________________
CLAUSE
1.
Terms defined in the Agreement ........................................................................................................... 2
2.
Variation ............................................................................................................................................... 2
5.
Governing law ....................................................................................................................................... 3
6.
Jurisdiction ............................................................................................................................................ 3
1
This deed is dated ____________ 2021
Parties
(1)
GLOBAL REAL PROPERTY LTD, incorporated and registered in England and Wales with
company number whose registered office is at Blair Drive, London, SW1 8DS (the “Developer”)
(2)
RETROFITTING RETAIL CONTRACTORS LIMITED, incorporated and registered in
England and Wales with company number 2345678 whose registered office is at Greta
Boulevard, London, N3 8BF (the “Contractor”)
BACKGROUND
(A)
The Developer and the Contractor are party to a building contract dated 17 June 2021]
(Agreement).
(B)
Pursuant to the Agreement the parties agreed that the Deposit (as defined below) would be
£45,000. They now wish to increase this amount to £157,500. Consequently, the parties wish to
amend the Agreement as set out in this deed with effect from the date of this deed (Variation
Date).
Agreed terms
1.
Terms defined in the Agreement
In this deed, expressions defined in the Agreement and used in this deed have the meaning set out
in the Agreement. The rules of interpretation set out in the Agreement apply to this deed.
2.
Variation
2.1
With effect from the Variation Date the Parties agree the following amendments to the
Agreement:
a)
2.2
Clause 8 (Payment)
amended:
This clause is amended to read as follows
“A deposit of £157,500 (the “Deposit”) is payable by the Developer
before the Services will commence.”
Except as set out in Ошибка! Закладка не определена.Ошибка! Источник ссылки не
найден., the Agreement shall continue in full force and effect.
2
3.
Governing law
This deed and any dispute or claim (including non-contractual disputes or claims) arising out of
or in connection with it or its subject matter or formation shall be governed by and construed in
accordance with the law of England and Wales.
4.
Jurisdiction
4.1
Each party irrevocably agrees that the courts of England and Wales shall have exclusive
jurisdiction to settle any dispute or claim (including non-contractual disputes or claims) arising
out of or in connection with this deed or its subject matter or formation.
This document has been executed as a deed and is delivered and takes effect on the date stated at the
beginning of it.
Executed as deed by GLOBAL REAL PROPERTY LTD acting
by _________, a director, and ________, a director/its secretary
………………
Director
………………
Director/ Secretary
Executed as deed by RETROFITTING RETAIL
CONTRACTORS LIMITED acting by _______________, a
director, in the presence of:
……………………
Name of Witness: _________________
Address: ________________________
Occupation: ______________________
3
……………….
Director
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