Development rights conferred on a tenant under a commercial lease that permit the tenant to 'cause the Development of the Premises' do not extend to the mere subdivision and excision of surplus land without any proposed use or further development of that land. Where a lease defines 'Valuer' as a person appointed by agreement between the parties, valuations required under the lease must be prepared by such a jointly appointed valuer, notwithstanding inconsistent capitalisation of the term 'valuations' in the lease.
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