Common use of Termination Amount on Private Party Default Clause in Contracts

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

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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

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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

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