Enforceability of Take-or-Pay Provisions in English Law Contracts

被引:0
|
作者
Holland, Ben [1 ]
Ashley, Phillip [1 ]
机构
[1] London Off CMS Cameron McKenna LLP, London, England
关键词
D O I
10.1080/02646811.2008.11435201
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
In a recent case the Commercial Court considered, for the first time, whether a claim based on a 'take-or-pay' provision in a sale and purchase agreement should fail because the take-or-pay provision was a 'penalty clause'. This article considers the impact of this judgment on the interpretation and drafting of contracts containing take-or-pay provisions.
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页码:610 / 617
页数:8
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