Jurisdiction(s):
United Kingdom

Key definition

Agreement definition

What does Agreement mean? In competition law practice, an agreement is any form of coordination between undertakings that shows a meeting of minds about market conduct (for example pricing, output, customers or territories). It is not limited to a legally enforceable contract: it includes informal or “gentlemen’s” understandings, oral arrangements, email exchanges and tacit understandings, and extends to decisions of associations of undertakings. Mere parallel conduct is insufficient without evidence of contact or communication. The term is used in legislation and developed by case law: Article 101 TFEU, section 4 of Ireland’s Competition Act 2002, and the UK Chapter I prohibition in the Competition...

Agreements for lease: tenant inspections, site meetings and information/documentation rights during landlord’s construction works

Published by a LexisNexis Construction expert

Practice notes

agreement for lease—construction obligations, defects liability and collateral warranties

Under an agreement for lease that includes construction duties, the landlord is bound to deliver a specified building (or part) to an agreed standard by a set date. However, it will typically accept responsibility for defects in the works only for a limited period following completion—usually up to the end of the defects liability period (see, for instance, the Defects Liability clauses in Precedent: Agreement for lease—developer landlord to carry out major works incorporating the Standard Commercial Property Conditions (Third Edition)). As a result, the tenant will wish to keep track of the construction phase and obtain extra contractual protection, such as collateral warranties or third party rights, to safeguard its position if defects emerge after the landlord’s liability to the tenant has expired. For further detail on collateral warranties and third party rights in this context, see Practice Note: Agreements for lease for construction lawyers—collateral warranties and third party rights...

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Web page updated on 21/05/2026

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