EXHIBIT 10.13
DATED 7 March 2006
EALING STUDIOS OPERATIONS LIMITED (1)
- and -
COVALENT GROUP LIMITED (2)
LEASE
of
Unit 2A Walpole Court
Ealing, London W5
Term: 3 years
Initial rent: £26,500 p.a. exclusive
HUNTER PEDDELL PROPERTY LAW
Albany House
Claremont Lane
Esher
Surrey KT10 9DA
Tel: 01372 477900
Fax: 01372 479829
Ref: IH
CONTENTS
2
Page
1 DEFINITIONS
4
2 INTERPRETATION
6
3 DEMISE
7
4 INTRODUCTION
7
5 RENT
7
6 OUTGOINGS
7
7 REPAIR AND DECORATION
7
8 ALTERATIONS
8
9 SIGNS
9
10 USER
9
11 ALIENATION
9
12 LEGAL OBLIGATIONS
12
13 PLANNING
13
14 DEFECTIVE PREMISES
13
15 ENCROACHMENTS
14
16 LANDLORD’S RIGHTS
14
17 COSTS
15
18 INTEREST
15
19 INDEMNITY
15
20 YIELDING UP
15
21 QUIET ENJOYMENT
16
22 REPAIR
16
23 INSURANCE
16
24 RECOVERY OF MONEY
16
25 USER
16
26 EASEMENTS
16
27 EXERCISE OF RIGHTS OF ENTRY
17
28 LIABILITY
17
29 COMPENSATION
17
30 NOTICES
17
3
31 RIGHT OF RE- ENTRY
18
32 INSOLVENCY
18
33 GUARANTOR’S OBLIGATIONS
19
34 CERTIFICATION
20
35 CONTRACTS (RIGHTS OF THIRD PARTIES) ACT 1999
20
36 BREAK CLAUSE
20
37 EXCLUSION OF LANDLORD AND TENANT ACT 1954
21
38 LAND REGISTRATION ACT 2002
21
39 DELIVERY
21
SCHEDULE 1 - RIGHTS
22
SCHEDULE 2 - EXCEPTIONS AND RESERVATIONS
23
SCHEDULE 3 - INCUMBRANCES
24
SCHEDULE 4 - REGULATIONS
25
SCHEDULE 5 - SERVICES
25
THIS LEASE is made the 7 th day of March 2006
BETWEEN:
PART ONE: DEFINITIONS AND INTERPRETATION
Where in this deed the following words in bold type commence with capital letters they have the following meanings
unless the context otherwise requires:-
Authority means any statutory, public, local or other competent authority or a court of c