Bennett Law Chambers Professional Corporation v. Camcentre Holdings Inc.
Majority: The Notice of Termination under clause 15.05 was ineffective because by its terms the landlord had to have obtained all requisite permits and authorizations for commencement of demolition by the end of the six‑month notice period; asbestos abatement was not the 'commencement of demolition' for the clause and a demolition permit could at least conditionally have been obtained, so the landlord failed the clause and the lease continued; appeal dismissed with costs to tenant $15,000.
Source excerpt
- Lease termination
- Demolition clause
- Notice to terminate
- Waiver
- Permit requirements
- Asbestos abatement