A contractual notice clause requiring notices to be 'addressed and delivered to the intended recipient' at an address care of solicitors does not require formal naming of the party in the address block; it is sufficient that the intended recipient is clearly identified on the face of the notice. Where a contract provides for termination upon an insolvency event (failure to comply with a statutory demand), the termination right secures the entitlement to deal with a solvent counterparty, not the underlying debt that gave rise to the demand, and relief against forfeiture on the basis that termination is penal is not available. Mistake alone, without unconscientious conduct by the terminating party, does not ground relief against forfeiture.
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