Common use of Payment by State Clause in Contracts

Payment by State. If Project Co defaults in the payment of any of the costs or charges referred to in clauses 7.2 or 7.4, the State may (without limiting any other rights and remedies of the State) pay the costs or charges, and any amount paid by the State will be a debt due and payable from Project Co to the State.

Payment by State. ‌ If Project Co defaults in the payment of any of the costs or charges referred to in clauses 7.2 7.3 or 7.47.5, the State may (without limiting any other rights and remedies of the State) pay the costs or charges, and any amount paid by the State will be a debt due and payable from Project Co to the State.