QUEEN'S BENCH DIVISION
COMMERCIAL COURT
Strand, London, WC2A 2LL |
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B e f o r e :
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CELESTIAL AVIATION TRADING 71 LIMITED |
Claimant |
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- and - |
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PARAMOUNT AIRWAYS PRIVATE LIMITED |
Defendant |
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John Kimbell (instructed by Andrew Jackson) for the Defendant
Hearing dates: 24 November 2009
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Crown Copyright ©
Mr. Justice Teare:
"Lessee's obligation to pay Rent and to perform all of its other obligations is absolute and unconditional no matter what happens and no matter how fundamental or unforeseen the event. Lessee shall not regard its obligations as ended, suspended or altered in nay way because of any defence, set-off, counterclaim, recoupment or other right of any kind or of any other circumstance. "
"(a) Amount: If, under the Lease, Lessee is required to pay Supplemental Rent, Lessee will pay that Supplemental Rent, at the rates referred to in the ASLA to Lessor in relation to each calendar month (or part of a month) of the Term, on the fifteenth day following the end of that calendar month …….."
Conclusion