Common use of Termination Amount Clause in Contracts

Termination Amount. ‌ (a) Where this Agreement is terminated as a consequence of your breach, you are liable to pay to Sunwater the Termination Amount (without limiting any other rights of Sunwater under this Agreement or otherwise against you in relation to any such breach). (b) You acknowledge that the Termination Amount is intended to represent a reasonable assessment of the loss of future revenue, increased average operating costs, proportionate share of ongoing fixed costs and decommissioning costs likely to be incurred by Sunwater for the Sunwater Works having regard to the quantities of water supplied and the persons supplied from the Sunwater Works. (c) Sunwater has the right to undertake a formal assessment of the Termination Amount, at your cost.

Termination Amount. ‌ (a) Where this Agreement is terminated as a consequence of your breach, you are liable to pay to Sunwater the Termination Amount (without limiting any other rights of Sunwater under this Agreement or otherwise against you in relation to any such breach). (b) You acknowledge that the Termination Amount is intended to represent a reasonable assessment of the loss of future revenue, increased average operating costs, proportionate share of ongoing fixed costs and decommissioning costs likely to be incurred by Sunwater for the Sunwater Works Distribution Network having regard to the quantities of water supplied and the persons supplied from the Sunwater WorksDistribution Network. (c) Sunwater has the right to undertake a formal assessment of the Termination Amount, at your cost.

Termination Amount. ‌ (a) Where this Agreement is terminated as a consequence of your breach, you are liable to pay to Sunwater SunWater the Termination Amount (without limiting any other rights of Sunwater SunWater under this Agreement or otherwise against you in relation to any such breach). (b) You acknowledge that the Termination Amount is intended to represent a reasonable assessment of the loss of future revenueprofit, increased average operating costs, proportionate share of ongoing fixed costs and decommissioning costs likely to be incurred by Sunwater SunWater for the Sunwater SunWater Works having regard to the quantities of water supplied and the persons supplied from the Sunwater SunWater Works. (c) Sunwater SunWater has the right to undertake a formal assessment of the Termination Amount, at your cost.

Termination Amount. ‌ (a) Where this Agreement is terminated as a consequence of your breach, you are liable to pay to Sunwater the Termination Amount (without limiting any other rights of Sunwater under this Agreement or otherwise against you in relation to any such breach). (b) You acknowledge that the Termination Amount is intended to represent a reasonable assessment of the loss of future revenue, increased average operating costs, proportionate share of ongoing fixed costs and decommissioning costs likely to be incurred by Sunwater for the Sunwater Works Distribution Network having regard to the quantities of water supplied and the persons supplied from the Sunwater WorksDistribution Network. (c) Sunwater has the right to undertake a formal assessment of the Termination Amount, at your cost.