Common use of Buy-Back Option Clause in Contracts

Buy-Back Option. 13.3.1 SANParks shall, subject to the provisions of Clause 28.3 and Clause 29.2 at the termination of this PPP Agreement for whatever reason, be entitled but not obliged to purchase the Business from the Private Party. 13.3.2 The terms of the purchase of the Business as contemplated in 13.3.1 shall be in accordance with the Sale of Business Agreement.

Appears in 12 contracts

Samples: Public Private Partnership Agreement, Public Private Partnership Agreement, Public Private Partnership Agreement

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Buy-Back Option. 13.3.1 SANParks shall, subject to the provisions of Clause 28.3 and Clause 29.2 1 at the termination of this PPP Agreement for whatever reason, be entitled but not obliged to purchase the Business from the Private Party. 13.3.2 The terms of the purchase of the Business as contemplated in 13.3.1 shall be in accordance with the Sale of Business Agreement.

Appears in 2 contracts

Samples: Public Private Partnership Agreement, Public Private Partnership Agreement

Buy-Back Option. 13.3.1 SANParks shall, subject to the provisions of Clause 28.3 29.3 and Clause 29.2 30.2 at the termination of this PPP Agreement for whatever reason, be entitled but not obliged to purchase the Business from the Private Party. 13.3.2 The terms of the purchase of the Business as contemplated in 13.3.1 shall be in accordance with the Sale of Business Agreement.

Appears in 1 contract

Samples: Public Private Partnership Agreement

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Buy-Back Option. 13.3.1 SANParks shall, subject to the provisions of Clause 28.3 and Clause 29.2 Error! Reference source not found. at the termination of this PPP Agreement for whatever reason, be entitled but not obliged to purchase the Business from the Private Party. 13.3.2 The terms of the purchase of the Business as contemplated in 13.3.1 shall be in accordance with the Sale of Business Agreement.

Appears in 1 contract

Samples: Public Private Partnership Agreement

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