F Ltd v KI Ltd [2024] NZDT 135 (15 April 2024) [pdf, 152 KB]
...rather it could be a potential or prospective effect. There are also no terms which define when the effect needs to happen to trigger the clause. A slow leak which causes unseen gradual damage would not reasonably affect the provision of [specialised] services in the near future, although it is possible that the damage could cause issues in future, if repair work was disruptive. A leak which damages stock, or is significantly visible to customers would affect a retail business in the...