Hamden Holding Corp. v. United Men's Shops, Inc.

This case concerns the interpretation of the rental clause in the lease of a chain store. It reads as follows: “In consideration of the demise and leasing of the premises aforesaid by said Lessor, the Lessee covenants, stipulates and agrees to pay to the Lessor as rental for said demised premises, during said term, twelve percent of the total gross receipts of the Lessee upon the within demised premises, providing, however, the Lessee guarantees to the Lessor that the minimum rental said Lessor shall receive, shall be, and the Lessee shall pay, Three Hundred ($300) Dollars per month, in…