Termination Amount on Private Party Default. 27.5.1 On termination of this PPP Agreement as a result of a Private Party Default, without derogating from any other rights which SANParks may have in law, SANParks shall pay the Private Party an amount equal to the Depreciated Value of the Capital Investments Assets, set out in the annual audited books of account of the Private Party on the date of such termination.
Appears in 13 contracts
Samples: PPP Agreement, Bush Braai PPP Agreement, PPP Agreement
Termination Amount on Private Party Default. 27.5.1 24.4.1 On termination of this PPP Agreement as a result of a Private Party Default, without derogating from any other rights which SANParks may have in law, SANParks shall pay the Private Party an amount equal to the Depreciated Value of the Capital Investments Sale Assets, set out in the annual audited books of account of the Private Party on the date of such termination.
Appears in 10 contracts
Samples: Restaurant Facility PPP Agreement, Restaurant and Retail Facilities PPP Agreement, PPP Agreement
Termination Amount on Private Party Default. 27.5.1 25.5.1 On termination of this PPP Agreement as a result of a Private Party Default, without derogating from any other rights which SANParks may have in law, SANParks shall pay the Private Party an amount equal to the Depreciated Value of the Capital Investments Assets, set out in the annual audited books of account of the Private Party on the date of such termination.
Appears in 1 contract
Samples: Bush Braai PPP Agreement
Termination Amount on Private Party Default. 27.5.1 28.5.1 On termination of this PPP Agreement as a result of a Private Party Default, without derogating from any other rights which SANParks may have in law, SANParks shall pay the Private Party an amount equal to the Depreciated Value of the Capital Investments Assets, set out in the annual audited books of account of the Private Party on the date of such termination.
Appears in 1 contract
Samples: PPP Agreement
Termination Amount on Private Party Default. 27.5.1 27.12.1 On termination of this PPP Agreement as a result of a Private Party Default, without derogating from any other rights which SANParks may have in law, SANParks shall pay the Private Party an amount equal to the Depreciated Value of the Capital Investments Assets, set out in the annual audited books of account of the Private Party on the date of such termination.
Appears in 1 contract
Samples: www.hoerikwaggotrail.co.za
Termination Amount on Private Party Default. 27.5.1 26.6.1 On termination of this PPP Agreement as a result of a Private Party Default, without derogating from any other rights which SANParks may have in law, SANParks shall pay the Private Party an amount equal to the Depreciated Value of the immovable Capital Investments Assets, set out in the annual audited books of account of the Private Party on the date of such termination.
Appears in 1 contract
Samples: staging.sanparks.org
Termination Amount on Private Party Default. 27.5.1 27.8.1 On termination of this PPP Agreement as a result of a Private Party Default, without derogating from any other rights which SANParks may have in law, SANParks shall pay the Private Party an amount equal to the Depreciated Value of the Capital Investments Assets, set out in the annual audited books of account of the Private Party on the date of such termination.
Appears in 1 contract
Samples: Namaqua Flowers Beach
Termination Amount on Private Party Default. 27.5.1 25.6.1 On termination of this PPP Agreement as a result of a Private Party Default, without derogating from any other rights which SANParks may have in law, SANParks shall pay the Private Party an amount equal to the Depreciated Value of the immovable Capital Investments Assets, set out in the annual audited books of account of the Private Party on the date of such termination.
Appears in 1 contract
Samples: PPP Agreement
Termination Amount on Private Party Default. 27.5.1 24.4.1 On termination of this PPP Agreement as a result of a Private Party DefaultDefault and in the event that SANParks exercises it’s rights under Clause 18.7, without derogating the following amounts shall be deducted from any other rights which SANParks may have in law, SANParks shall pay the Private Party an amount equal to the Depreciated Value market value of the Capital Investments Assets, set out Sale Assets and New Project Assets payable in the annual audited books terms of account of the Private Party on the date of such termination.Clause 18.7:
Appears in 1 contract
Samples: Skukuza Airport PPP Agreement
Termination Amount on Private Party Default. 27.5.1 27.9.1 On termination of this PPP Agreement as a result of a Private Party Default, without derogating from any other rights which SANParks may have in law, SANParks shall pay the Private Party an amount equal to the Depreciated Value of the Capital Investments Assets, set out in the annual audited books of account of the Private Party on the date of such termination.
Appears in 1 contract
Samples: Bush Braai PPP Agreement
Termination Amount on Private Party Default. 27.5.1 26.5.1 On termination of this PPP Agreement as a result of a Private Party Default, without derogating from any other rights which SANParks may have in law, SANParks shall pay the Private Party an amount equal to the Depreciated Value of the Capital Investments Assets, set out in the annual audited books of account of the Private Party on the date of such termination.
Appears in 1 contract
Samples: Draft PPP Agreement