Common use of Termination for Extended Force Majeure Clause in Contracts

Termination for Extended Force Majeure. If either Party terminates the Section P3 Agreement in accordance with Section 40, the Section Developer will be entitled to the No Fault Termination Sum. The "No Fault Termination Sum" will be equal to: a) return of outstanding equity investment or Section Equity Member Debt (principal only less distributions or any payments made to the Section Equity Members); plus b) Lenders' Liabilities; plus c) subcontractor/employee breakage costs; minus d) account balances; minus e) insurance proceeds; minus f) any liquidated damages not yet paid by the Section Developer; plus g) any amounts payable as compensation relating to Compensation Events agreed between the Parties which remains unpaid; minus h) the principal amount outstanding under the MDTA Notes.