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Break clause

Language: English Series: Estates Gazette Case Summaries ; 1994 EGCS 121 (9/7/94)Publication details: 1994Subject(s): Summary: "Trane (UK) Ltd v Provident Mutual Life Assurance Association" ChD 23 June 1994. 25-year lease on industrial premises granted on 6 January 1982 expressed to run from 28 August 1981 with a ten-year break clause. The tenants`s notice of termination was ineffective as the break clause option was held to run from the 1981 term date rather than the 1982 execution date.

"Trane (UK) Ltd v Provident Mutual Life Assurance Association" ChD 23 June 1994. 25-year lease on industrial premises granted on 6 January 1982 expressed to run from 28 August 1981 with a ten-year break clause. The tenants`s notice of termination was ineffective as the break clause option was held to run from the 1981 term date rather than the 1982 execution date.