Read the full judgment text of CACV 000052/1976 on BabelCite. This Court of Appeal judgment.
2. The ship-owners entered into a ship repair agreement with the defendant deck company. In the events which have happened it was an agreement for two years from 10th August 1969. The principal terms governing the number of ships to be repaired and various discounts or credits which were to be allowed in specified circumstances were contained in what has been described as "the Master Agreement". Clause 6 of that Agreement reads: