Sunflower Services Ltd v Unisys New Zealand Ltd
Sunflower Services Ltd v Unisys New Zealand Ltd
- 1997
- New Property Cases [1997] NPC 21 (2) .
PC 11 February 1997. An agreement between landlord and tenant to remove a `ratchet clause` from a rent review provision does not by implication generate a new obligation on the landlord to hold such a review. HEADNOTE FROM JOURNAL - NOT TO BE PHOTOCOPIED.
RATCHET CLAUSE
RENT REVIEWS
SUNFLOWER SERVICES LTD V UNISYS NEW ZEALAND LTD
PC 11 February 1997. An agreement between landlord and tenant to remove a `ratchet clause` from a rent review provision does not by implication generate a new obligation on the landlord to hold such a review. HEADNOTE FROM JOURNAL - NOT TO BE PHOTOCOPIED.
RATCHET CLAUSE
RENT REVIEWS
SUNFLOWER SERVICES LTD V UNISYS NEW ZEALAND LTD