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Overage - recent developments, part I

By: Series: EMIS Property Service ; 2(11) November 2004, 5-7(3)Publication details: 2004Subject(s): Summary: Overage agreements are increasingly becoming almost a standard element in developmental deals. The drafting of these clauses calls for both lawyers and the parties themselves to be able to anticipate future possible events that are unclear at the time of drafting. Discusses recent case law that has highlighted problem areas and clarified the law in some areas. [Taken from journal abstract]. (See also Abs68673).

Overage agreements are increasingly becoming almost a standard element in developmental deals. The drafting of these clauses calls for both lawyers and the parties themselves to be able to anticipate future possible events that are unclear at the time of drafting. Discusses recent case law that has highlighted problem areas and clarified the law in some areas. [Taken from journal abstract]. (See also Abs68673).