Atlantis Property Holdings CC v Atlantis Excel Service Station CC (40742/2017) [2018] ZAGPJHC 120 (4 May 2018)
Court
South Gauteng High Court, Johannesburg
Case number
40742/2017
Judge
Fisher
The court found that clause 22 of the lease agreement does not permit termination by either party on 30 days' notice during the initial or renewal periods. The proper interpretation, considering the context and commercial purpose of the lease, is that the clause applies only after the initial and renewal periods have expired and an option to renew has been exercised and accepted. Allowing termination at any time would render the detailed commercial terms meaningless and create uncertainty, which is contrary to public policy and commercial reasonableness. The applicant's purported cancellation…