{"component": "definition", "props": {"groups": [{"samples": [{"hash": "lxa5SY8MGHT", "uri": "/contracts/lxa5SY8MGHT#default-termination-payment", "label": "Project Agreement", "score": 21.0, "published": true}, {"hash": "lsSFtWHulAH", "uri": "/contracts/lsSFtWHulAH#default-termination-payment", "label": "Project Agreement", "score": 21.0, "published": true}, {"hash": "l5xMPQpqmsB", "uri": "/contracts/l5xMPQpqmsB#default-termination-payment", "label": "Project Agreement", "score": 21.0, "published": true}], "size": 21, "snippet_links": [], "snippet": "has the meaning given in Section 2.1(b) of this Schedule B.", "hash": "0ec400114198a6b2896988cdb364d0b9", "id": 1}, {"samples": [{"hash": "92PPbWdr37H", "uri": "https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1119816/ccus-dpa-standard-terms-and-conditions-november-2022.pdf", "label": "Agreement", "score": 13.4394250513, "published": false}, {"hash": "kncmohYiiEW", "uri": "https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1118587/ccus-dpa-standard-terms-and-conditions-november-2022.pdf", "label": "Agreement", "score": 13.4380561259, "published": false}, {"hash": "jnsJ18sS7b7", "uri": "https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1117545/ccus-dpa-standard-terms-and-conditions-november-2022.pdf", "label": "Agreement", "score": 13.4339493498, "published": false}], "size": 8, "snippet_links": [{"key": "in-accordance-with", "type": "definition", "offset": [54, 72]}, {"key": "set-out", "type": "definition", "offset": [85, 92]}, {"key": "annex-3", "type": "definition", "offset": [113, 120]}, {"key": "calculation-of", "type": "definition", "offset": [122, 136]}], "snippet": "means the amount (expressed in pounds (\u00a3)) calculated in accordance with the formula set out in paragraph 1.1 of Annex 3 (Calculation of Default Termination Payment);", "hash": "1305171e5e85da825ba823b67c1de26c", "id": 2}, {"samples": [{"hash": "bmE81ccliBH", "uri": "https://assets.new.siemens.com/siemens/assets/api/uuid:343d683a-07ed-4082-9db9-c52aab9e4cd8/Siemens-Project-Business-Standard-Terms-and-Conditions-Canada-Enlgish-Restricted.pdf", "label": "Siemens Projects Business Standard Terms and Conditions", "score": 18.3915126626, "published": false}, {"hash": "h8ZscIpnCA5", "uri": "https://assets.new.siemens.com/siemens/assets/api/uuid:f739bca6-999f-4f46-a9bd-955b9c2124f6/version:1667508148/siemens-project-business-standard-terms-and-conditions-canada-en.pdf", "label": "Siemens Projects Business Standard Terms and Conditions", "score": 17.7782340862, "published": false}, {"hash": "1L6UKFGP8Js", "uri": "https://assets.new.siemens.com/siemens/assets/api/uuid:f739bca6-999f-4f46-a9bd-955b9c2124f6/version:1631311185/siemens-project-business-standard-terms-and-conditions-canada-en.pdf", "label": "Siemens Projects Business Standard Terms and Conditions", "score": 17.7782340862, "published": false}], "size": 5, "snippet_links": [{"key": "section-142", "type": "clause", "offset": [29, 41]}], "snippet": "has the meaning set forth in Section 14.2.", "hash": "46fa07a50e05458af0e5c1a833bbd7c8", "id": 3}, {"samples": [{"hash": "7Rg890qeYJX", "uri": "/contracts/7Rg890qeYJX#default-termination-payment", "label": "Reliability Support Services Agreement", "score": 27.2225855775, "published": true}, {"hash": "5dJMmyUhKjy", "uri": "https://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId=%7BCDAC18C3-7326-4511-9793-0E100B449006%7D", "label": "documents.dps.ny.gov", "score": 11.1066913629, "published": false}, {"hash": "5Py5l6vQHoT", "uri": "https://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId=%7B8AFB2AB9-8966-41FE-B950-51657E74106C%7D", "label": "documents.dps.ny.gov", "score": 8.0732375086, "published": false}], "size": 3, "snippet_links": [{"key": "applicable-amount", "type": "clause", "offset": [10, 27]}, {"key": "exhibit-1", "type": "clause", "offset": [41, 50]}, {"key": "early-termination-of-this-agreement", "type": "clause", "offset": [78, 113]}, {"key": "unpaid-balance", "type": "definition", "offset": [123, 137]}, {"key": "deferred-collection-amount", "type": "definition", "offset": [145, 171]}], "snippet": "means the applicable amount set forth in Exhibit 1 for the applicable date of early termination of this Agreement plus any unpaid balance of any Deferred Collection Amount.", "hash": "4f76107f069a030cf325bf713c537b1e", "id": 4}, {"samples": [{"hash": "jorBL6ez0Bu", "uri": "/contracts/jorBL6ez0Bu#default-termination-payment", "label": "Industrial Carbon Capture Contract", "score": 32.7580312606, "published": true}, {"hash": "dmpopjHGuV3", "uri": "/contracts/dmpopjHGuV3#default-termination-payment", "label": "Dispatchable Power Agreement", "score": 31.9695998279, "published": true}], "size": 2, "snippet_links": [{"key": "in-clause", "type": "clause", "offset": [35, 44]}, {"key": "default-termination", "type": "clause", "offset": [69, 88]}], "snippet": "has the meaning given to that term in clause 5.3(a) (Consequences of Default termination);", "hash": "87c30a49d41561357fff2ef1d4d08d69", "id": 5}, {"samples": [{"hash": "lCuIg6vbXPU", "uri": "/contracts/lCuIg6vbXPU#default-termination-payment", "label": "West Gate Tunnel Agreement", "score": 27.1683778234, "published": true}, {"hash": "5iTRRrVLDpy", "uri": "/contracts/5iTRRrVLDpy#default-termination-payment", "label": "Project Agreement", "score": 23.5585215606, "published": true}], "size": 2, "snippet_links": [{"key": "payment-for", "type": "clause", "offset": [22, 33]}, {"key": "a-termination-for", "type": "definition", "offset": [34, 51]}, {"key": "default-termination-event", "type": "definition", "offset": [54, 79]}, {"key": "in-accordance-with", "type": "definition", "offset": [80, 98]}, {"key": "payments-schedule", "type": "definition", "offset": [115, 132]}], "snippet": "means the Termination Payment for a Termination for a Default Termination Event in accordance with the Termination Payments Schedule. Defect means:", "hash": "62149269177a99871f7c0d78a4c52dbd", "id": 6}, {"samples": [{"hash": "3KC7dXHkWe2", "uri": "/contracts/3KC7dXHkWe2#default-termination-payment", "label": "Dispatchable Power Agreement", "score": 30.7552936514, "published": true}], "size": 1, "snippet_links": [{"key": "schedule-5", "type": "definition", "offset": [38, 48]}, {"key": "calculation-of", "type": "definition", "offset": [50, 64]}, {"key": "termination-amounts", "type": "clause", "offset": [65, 84]}], "snippet": "has the meaning given to that term in schedule 5 (Calculation of Termination Amounts);", "hash": "cbf19552c43e33b56320ee32d6d412e4", "id": 7}, {"samples": [{"hash": "b4zQkfo3i27", "uri": "/contracts/b4zQkfo3i27#default-termination-payment", "label": "Restructure Deed \u2013 Services Agreement", "score": 33.5422082712, "published": true}], "size": 1, "snippet_links": [{"key": "the-payment", "type": "clause", "offset": [6, 17]}, {"key": "in-accordance-with", "type": "definition", "offset": [29, 47]}, {"key": "section-45", "type": "clause", "offset": [48, 59]}, {"key": "termination-payment-schedule", "type": "clause", "offset": [67, 95]}], "snippet": "means the payment calculated in accordance with section 4.5 of the Termination Payment Schedule. Defect means:", "hash": "5372a77064315b06f7459372e9c087e5", "id": 8}, {"samples": [{"hash": "lBKPL8ZON7J", "uri": "/contracts/lBKPL8ZON7J#default-termination-payment", "label": "Dispatchable Power Agreement", "score": 33.2727017791, "published": true}], "size": 1, "snippet_links": [{"key": "in-accordance-with", "type": "definition", "offset": [50, 68]}, {"key": "set-out", "type": "definition", "offset": [81, 88]}, {"key": "annex-3", "type": "definition", "offset": [109, 116]}, {"key": "calculation-of", "type": "definition", "offset": [118, 132]}], "snippet": "means the amount (expressed in pounds) calculated in accordance with the formula set out in paragraph 1.1 of Annex 3 (Calculation of Default Termination Payment);", "hash": "3724ae509552d4cad816f53bf9b5227f", "id": 9}, {"samples": [{"hash": "kkyZh6hPlsV", "uri": "/contracts/kkyZh6hPlsV#default-termination-payment", "label": "Low Carbon Hydrogen Agreement", "score": 33.951628846, "published": true}], "size": 1, "snippet_links": [{"key": "consequences-of", "type": "definition", "offset": [48, 63]}, {"key": "default-termination", "type": "clause", "offset": [73, 92]}], "snippet": "has the meaning given to that term in item 3.5 (Consequences of Producer Default Termination).", "hash": "f06cdc109ebaaa55a24be8f1561e5c60", "id": 10}], "next_curs": "CmgSYmoVc35sYXdpbnNpZGVyY29udHJhY3RzckQLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIkZGVmYXVsdC10ZXJtaW5hdGlvbi1wYXltZW50IzAwMDAwMDBhDKIBAmVuGAAgAA==", "definition": {"title": "Default Termination Payment", "size": 46, "snippet": "has the meaning given in Section 2.1(b) of this Schedule B.", "id": "default-termination-payment", "examples": ["Siemens shall submit an invoice to Buyer for the <strong>Default Termination Payment</strong>, including supporting documentation for the damages and other amounts due and owing to Siemens prior to the termination and the costs incurred by Siemens in effectuating the termination, and Buyer shall pay such invoice by wire transfer within thirty (30) days after the date of such invoice.", "Hospital shall be entitled to set off against the Non-Default Termination Sum or the <strong>Default Termination Payment</strong> such amounts not already taken into account in calculating the relevant Compensation Payment that Hospital is entitled to set off or withhold pursuant to the Project Agreement or the Construction Contract provided that the Non-Default Termination Sum shall never be less than the Debt Amount.", "All payments of the Contract Price made by Buyer and received by Siemens prior to the effective date of termination shall be credited toward the <strong>Default Termination Payment</strong>.", "If the Grantor so elects to exercise the Buy-Out Option, then the Grantor shall pay the Concessionaire <strong>Default Termination Payment</strong> to the Concessionaire.", "All payments of the Contract Price made by \u2587\u2587\u2587\u2587\u2587 and received by Siemens prior to the effective date of termination shall be credited toward the <strong>Default Termination Payment</strong>.", "If the Concessionaire so elects to exercise the Buy-Out Option, then the Grantor shall pay the Grantor <strong>Default Termination Payment</strong> to the Concessionaire.", "Rate Breach If a Default Termination Event occurs after the Start Date and the GGR Counterparty terminates the GGR Agreement, the Developer will be obliged to pay the GGR Counterparty a &quot;<strong>Default Termination Payment</strong>&quot;.", "Hospital shall pay the <strong>Default Termination Payment</strong> or Non-Default Termination Sum, as applicable, as directed by Project Co and shall not accept any re-direction without the written consent of the Lender.", "Payment of the balance(s) of the Director&#x27;s Retirement Income Trust Fund (and Accrued Benefit Account, if applicable) shall be made in a lump sum within thirty (30) days of the date of termination of the Agreement.", "The parties agree that the amounts of <strong>Default Termination Payment</strong> are as unmitigable liquidated damages, not as a penalty."], "related": [["swap-termination-payment", "Swap Termination Payment", "Swap Termination Payment"], ["early-termination-payment", "Early Termination Payment", "Early Termination Payment"], ["termination-payment", "Termination Payment", "Termination Payment"], ["termination-payment-date", "Termination Payment Date", "Termination Payment Date"], ["termination-payments", "Termination Payments", "Termination Payments"]], "related_snippets": [], "updated": "2025-07-06T21:58:29+00:00"}, "json": true, "cursor": ""}}