Talk:Leasehold Interest

Case Study

Bingemans License to Occupy

19. In the event of any default of any of the terms and conditions of this license agreement. and except where otherwise stated, the Owner shall have the following rights:

a) On fourteen days prior written notice of default delivered, or deemed received under the terms of this license. to

terminate this license agreement and re-enter upon the above Site and repossess 11.

b) To sue for any overdue payments or damages arising out of a breach of this license together with interest. (at the

Courts of Justice Act Rate), Legal Costs together with any other costs of any nature or kind which may be incurred in repossessing the Site and collecting overdue payments or damages.

c) To seize any goods or property on the Site subject to any applicable provisions of the law and to sell the same to

recover any monies or damages owing.