Funding agreement
Funding agreement
- 1994
- Estates Gazette Case Summaries 1994 EGCS 26 (26/2/94) .
"P&O Property Holdings Ltd and others v Norwich Union Life Insurance Society" HL 17 February 1994. An appeal against a CA decision (WB2915-21) over the interpretation of a funding agreement between developers and the landlord insurance company concerning who should bear the cost of payingg reverse premiums to attract tenants to unlet units in a shopping centre, was dismissed. CA ruling upheld.
DEVELOPMENT AGREEMENT
FINANCE
FUNDING AGREEMENT
FUNDING
NEGATIVE PREMIUMS
REVERSE PREMIUMS
SHOPPING CENTRES
SUTTON
"P&O Property Holdings Ltd and others v Norwich Union Life Insurance Society" HL 17 February 1994. An appeal against a CA decision (WB2915-21) over the interpretation of a funding agreement between developers and the landlord insurance company concerning who should bear the cost of payingg reverse premiums to attract tenants to unlet units in a shopping centre, was dismissed. CA ruling upheld.
DEVELOPMENT AGREEMENT
FINANCE
FUNDING AGREEMENT
FUNDING
NEGATIVE PREMIUMS
REVERSE PREMIUMS
SHOPPING CENTRES
SUTTON