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Funding agreement

Funding agreement - 1993 - Estates Gazette Case Summaries (1993) EGCS 69 (17/4/93) (1) .

"P&O Property Holdings Ltd and others v Norwich Union Life Insurance Society" CA 1 April 1993. An appeal against the interpretation of a funding agreement, which allowed the defendant landlord to insist on the developer paying negative premiums to tenants in an attempt to let the new shopping centre in a depressed market. Appeal allowed.

Subjects--Topical Terms:
DEVELOPMENT AGREEMENT
FINANCE
FUNDING AGREEMENT
FUNDING
NEGATIVE PREMIUMS
REVERSE PREMIUMS
SHOPPING CENTRES
SUTTON

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