YC v LV LCRO 57/2013 (16 April 2015) [pdf, 44 KB]
...purchase, and, if that is not exercised, the lessee may sell or transfer the lessee’s estate provided that satisfactory evidence is supplied to [Company X] showing that a proposed transferee (in this case Mrs TG) “is reputable and has the financial resources 2 to meet the lessee’s commitments under this lease”.1 The lease also contains a provision which says that “all moneys owing by the lessee to [Company X] hereunder have been paid and there is not any subsisting b...