8 Apr 2008
N W SHANKS & WILSON MCKAY TRUSTEE CO LTD & ANOR V MEDIA 1 LTD CA CA495/07
- Citation
- openlaw-f2281af9_2743_4260_9cdb_39107ee4af08.pdf
- Court
- Court of Appeal
On an objective reading in context (including the tenant's knowledge of the lease), the 3 July 2007 letter unambiguously gave notice of intention to terminate pursuant to clause 10.1, satisfying the 'alpha' standard; consequently the trustees validly terminated the lease and are entitled to indemnity costs under clause 21.2.