From 'Ingenius' To 'Repugnant' In Two Decades: Landlord Termination Rights On A Transfer
Mondaq Business Briefing › Canada Law Articles in English (2010)
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From 'Ingenius' To 'Repugnant' In Two Decades: Landlord Termination Rights On A Transfer
Sophisticated landlords often include in commercial leases so-called "shot gun" termination clauses in respect of a tenant's request to assign a lease or sublease its premises to another party (a "transfer"). Generally speaking, these provisions provide that where a tenant wishes to assign or sublease, the tenant must notify t...
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