Allocation of Costs for Authority Actions. To the extent that any of the circumstances set out in Section 11.1 arise as a result of any breach by Project Co of its obligations under this Agreement, then Project Co will pay the Authority the amount of all direct costs and expenses reasonably incurred by the Authority in exercising its rights under Section 11.1 or Section 11.2 and an additional mark-up of 20% of such costs and expenses in respect of indirect costs and overhead not otherwise directly attributable to the exercise of such rights. In all other cases, any actions of the Authority under Sections 11.1 and 11.2 will constitute a Compensation Event.
Appears in 4 contracts
Samples: Project Agreement, Project Agreement, Project Agreement
Allocation of Costs for Authority Actions. To the extent that any of the circumstances set out in Section 11.1 arise as a result of any breach by Project Co of its obligations under this Agreement, then Project Co will pay the Authority the amount of all direct costs and expenses reasonably incurred by the Authority in exercising its rights under Section 11.1 or Section 11.2 and an additional markxxxx-up of 20% of such costs and expenses in respect of indirect costs and overhead not otherwise directly attributable to the exercise of such rights. In all other cases, any actions of the Authority under Sections 11.1 and 11.2 will constitute a Compensation Event.
Appears in 3 contracts
Samples: Project Agreement, Project Agreement, Project Agreement
Allocation of Costs for Authority Actions. To the extent that any of the circumstances set out in Section 11.1 arise as a result of any breach by Project Co of its obligations under this Agreement, then Project Co will pay the Authority the amount of all direct costs and expenses reasonably incurred by the Authority in exercising its rights under Section 11.1 or Section 11.2 and an additional markxxxx-up of 20% of such costs and expenses in respect of indirect costs and overhead not otherwise directly attributable to the exercise of such rights. In all other cases, any actions of the Authority under Sections 11.1 and 11.2 will constitute a Compensation Event.
Appears in 3 contracts
Samples: Project Agreement, Project Agreement, Project Agreement
Allocation of Costs for Authority Actions. To the extent that any of the circumstances set out in Section 11.1 arise as a result of any breach by Project Co of its obligations under this Agreement, then Project Co will pay the Authority the amount of all direct costs and expenses reasonably incurred by the Authority in exercising its rights under Section 11.1 or Section 11.2 and an additional markxxxx-up of 20% of such costs and expenses in respect of indirect costs and overhead not otherwise directly attributable to the exercise of such rights. In all other cases, any actions of the Authority under Sections 11.1 and 11.2 will constitute a Compensation Event.
Appears in 2 contracts
Samples: Project Agreement, Project Agreement
Allocation of Costs for Authority Actions. To the extent that any of the circumstances set out in Section 11.1 arise as a result of any breach by Project Co of its obligations under this Project Agreement, then Project Co will pay the Authority the amount of all direct costs and expenses reasonably incurred by the Authority in exercising its rights under Section 11.1 or Section 11.2 and an additional markxxxx-up of 205% of such costs and expenses in respect of indirect costs and overhead not otherwise directly attributable to the exercise of such rights. In all other cases, any actions of the Authority under Sections Section 11.1 and Section 11.2 will constitute a Compensation Event.
Appears in 1 contract
Samples: Project Agreement