Force Majeure Termination Sum has the meaning given to it in clause 35.2 (Compensation on Termination on Force Majeure);
Force Majeure Termination Sum means the aggregate of:- (a) any Breakage Costs; (b) [ ]109
Force Majeure Termination Sum means the sum specified in Paragraph 2.1 of Part B (Force Majeure) of Schedule 6 (Expiry, Events of Default, Termination and Force Majeure);
Examples of Force Majeure Termination Sum in a sentence
If the Concession Agreement is terminated pursuant to these provisions, then (i) HPTE is required to pay to the Concessionaire the Force Majeure Termination Sum (with interest thereon), subject to certain adjustments related to the Concessionaire’s bad faith.
The Force Majeure Termination Sum shall be an amount equivalent to fifty per cent (50%) of the applicable Contractor Breakage Costs provided that for the purposes of the Force Majeure Termination Sum, no loss of profits shall be compensated.
On termination of this Contract under clause 35 (Termination on Force Majeure) in whole or in part, the Authority shall pay to the Contractor the "Force Majeure Termination Sum" in accordance with clauses 38 (Gross Up of Termination Payments) and 39 (Method of Payment).
Payment The Force Majeure Termination Sum payable pursuant to this clause 52 shall be determined and paid in accordance with clauses 55 (Miscellaneous Compensation Provisions) and 56 (Method of Payment).
The Force Majeure Termination Sum shall be paid in accordance with Section 5 (General) of this Schedule Part 17 (Compensation on Termination).
More Definitions of Force Majeure Termination Sum
Force Majeure Termination Sum means the sum defined in Paragraph 1 of Part 2 (Termination for Force Majeure) of Schedule 11 (Termination Compensation); Forward Purchase Bonds has the meaning given to it in the Subscription and Bond Purchase Agreement; Fossils and Antiquities means all fossils and antiquities and structures or other remains or things of archaeological or geological interest discovered within the Sites; Full Services Commencement Date means the later of the date of issue of the Permit to Use in respect of either Phase 1 or Phase 2 and Full Services Commencement shall be construed accordingly;
Force Majeure Termination Sum means the sum defined in Paragraph 1 of Part 2 (Termination for Force Majeure) of Schedule 11 (Termination Compensation); Forward Purchase Bonds has the meaning given to it in the Subscription and Bond Purchase Agreement; Fossils and Antiquities means all fossils and antiquities and structures or other remains or things of archaeological or geological interest discovered within the Sites; Full Services Commencement Date means the latest of the date of issue of the Permit to Use in respect of Xxxxx 0, Xxxxx 0, Xxxxx 2A or Phase 3 and Full Services Commencement shall be construed accordingly; General Change in Law means a Change in Law which is not a Discriminatory Change in Law or a Specific Change in Law; Good Industry Practice means the exercise of an appropriate degree of skill, diligence, prudence and foresight being that which would reasonably and ordinarily be expected from a person skilled and experienced in the design, construction, maintenance and operation of roads similar in type to the Project Roads seeking in good faith to comply with the same contractual obligations as the obligations of the Company under this Agreement; Guidance means any applicable guidance or directions with which the Company is bound to comply (excluding DMRB and MCHW);
Force Majeure Termination Sum has the meaning given in Clause 57.1.1;
Force Majeure Termination Sum has the meaning given to that term in Schedule 11 (Termination Compensation); Fossils and Antiquities means all fossils and antiquities and structures or other remains or things of archaeological or geological interest discovered within the Sites; Full Services Commencement Date means the later of the date of issue of the Permit to Use in respect of Phase 1A, Phase 1B or Phase 2 and Full Services Commencement shall be construed accordingly; General Change in Law means a Change in Law which is not a Discriminatory Change in Law or a Specific Change in Law; Good Industry Practice means the exercise of an appropriate degree of skill, diligence, prudence and foresight being that which would reasonably and ordinarily be expected from a person skilled and experienced in the design, construction, operation and maintenance of roads similar in type to the Project Roads seeking in good faith to comply with the same contractual obligations as the obligations of the Company under this Agreement; Guidance means any applicable guidance or directions with which the Company is bound to comply (excluding DMRB and MCHW);
Force Majeure Termination Sum means the amount calculated in accordance with clause 54 (Compensation on Termination for Force Majeure) Freedom of Information Act or FOIA means the Freedom of Information Act 2000 and any subordinate legislation (as defined in section 54 of the Freedom of Information Act 2000) made under the Freedom of Information Act 2000 Full Indexation Factor REDACTED – Commercially Sensitive Information GAAP means generally accepted accounting principles in England and Wales General Change in Law means a Change in Law which is not a Discriminatory Change in Law or a Specific Change in Law or a Best Value Change in Law and is not a Change in Law relating to the introduction of an Incineration Tax Good Industry Practice means the exercise of that degree of skill, diligence, prudence and foresight and operating practice which would reasonably and ordinarily be expected from a skilled and experienced person engaged as the case may be in the same type of undertaking as that of the Contractor, the Construction Contractor, or any Sub-Contractor (as the case may be) providing services similar to the Services under the same or similar circumstances to that of the Contractor at the relevant time for such exercise Group means in respect of any company, that company and its Affiliates Guarantee REDACTED – Commercially Sensitive Information Guarantee Criteria REDACTED – Commercially Sensitive Information Guarantor REDACTED – Commercially Sensitive Information Guidance means any applicable guidance, code of practice, interpretation or directions issued by a Relevant Authority with which the Contractor is bound to comply pursuant to Legal Requirements or Good Industry Practice Haulage Services means the haulage of NWTF Waste from the Transfer Stations to the NWTF in accordance with the Specification Hazardous Waste shall mean hazardous waste as defined in the Hazardous Waste (England and Wales) Regulations 2005 including elements of Household Waste which when delivered or collected separately under the control of a WCA, WDA, or Contractor Related Party become waste under these Regulations Heads of Terms means the heads of terms entered into on 22 February 2017 between the Council and the Contractor in relation to the Core Services Contract Deed of Variation and to this Contract Holding Company means, in relation to a person, any other person in respect of which it is a Subsidiary Household Hazardous Waste means Waste which is both:
Force Majeure Termination Sum means the sum calculated in accordance with paragraph 1.2 of Part 5 of this Schedule;
Force Majeure Termination Sum means the sum calculated in accordance with paragraph 1.2 of Part 5 (Compensation on Termination for Force Majeure or Uninsurability) of this Schedule Part 17 (Compensation on Termination) as the same may be adjusted in accordance with paragraph 1.4 to 1.6 (inclusive) of Part 5 (Compensation on Termination for a Force Majeure Event or Uninsurability) of this Schedule Part 17 (Compensation on Termination); Highest Compliant Tender Price means the price offered by the Compliant Tenderer (if any) with the highest tender price86 and if no Compliant Tenders are received, [to include period when Contractor Default no Compliant Tenders derogation applies] zero;87 Instalment Dates has the meaning given to it in paragraph 4.2.1(a) of Part 7 (General);