Assessment of Noncompliance Points. 11.3.1 Each Noncompliance Event shall accrue Noncompliance Points in accordance with the following principles: 11.3.1.1 In respect of a Noncompliance Event that has a Cure Period, for each full or part Cure Period arising between the Noncompliance Start Date and the Noncompliance Rectification Date, the Noncompliance Event shall, subject to Section 11.3.1.3, accrue the number of Noncompliance Points set out against that Noncompliance Event in Exhibit 7 (Non-Compliance Points Tables). 11.3.1.2 All Noncompliance Points in respect of a Cure Period shall be deemed to accrue in the month that the relevant Cure Period commenced. 11.3.1.3 To the extent that any Noncompliance Event benefits from a Grace Period and the Noncompliance Rectification Date occurs within the relevant Grace Period, such Noncompliance Event shall not accrue any Noncompliance Points. 11.3.1.4 In respect of a Noncompliance Event that has no Cure Period, that Noncompliance Event shall accrue the number of Noncompliance Points set out against that Noncompliance Event in Exhibit 7 (Non-Compliance Points Tables), but shall not attract any further Noncompliance Points during the period that such Noncompliance Events continue to subsist. Notwithstanding the foregoing, any subsequent recurrence of the same Noncompliance Event shall be treated as a separate Noncompliance Event and shall accrue Noncompliance Points. 11.3.1.5 To the extent that any breach or failure to perform obligations under the Project Documents would cause simultaneous occurrence of more than one Noncompliance Event (including, without limitation, with respect to a Noncompliance Event that appears in both Tables 7.1 and
Appears in 4 contracts
Samples: Project Agreement, Project Agreement, Project Agreement
