Authority Step-In On PPP Co Sample Clauses

Authority Step-In On PPP Co. Breach If the Required Action is taken as a result of a breach of the obligations of PPP Co. under this Project Agreement then:
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Authority Step-In On PPP Co. Breach If the Required Action is taken as a result of a breach of the obligations of PPP Co. under this Project Agreement then: PPP Co. will be relieved from its obligations to provide that part of the Services it is prevented from providing as a result of the Required Action; and In respect of the period in which the Authority is taking the Required Action, that part of the Unitary Charge attributable to the Services affected by the Required Action will be paid in full to PPP Co. as if it were satisfying all its obligations in respect of those Services and the provisions of Schedule 15 (Payment Mechanism) will apply to all other Services less an amount equal to the Authority’s reasonable and proper costs in taking the Required Action.

Related to Authority Step-In On PPP Co

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