Common use of CALCULATION AND PAYMENT OF TERMINATION COMPENSATION Clause in Contracts

CALCULATION AND PAYMENT OF TERMINATION COMPENSATION. 17.2.1 The final amount of the Termination Compensation payable pursuant to this Agreement shall be calculated by the Independent Auditor. The Independent Auditor shall submit a written report to the Parties setting out his findings within 30 (Thirty) Days of the date on which either Party first sends him a written request to calculate the Termination Compensation. The Parties shall provide all reasonable assistance to the Independent Auditor in order to enable him to achieve his mission within the prescribed deadline, including, as regards to the Operator, by giving full access to its accounts. The findings of the Independent Auditor as set out in his written report shall be final and binding on the Parties, save to the extent of any manifest error. 17.2.2 The Termination Compensation shall become due and payable to the Operator by the Authority within 60 (Sixty) Days of a demand being made by the Operator, by way of written notice, for the amount set out in the Independent Auditor's written report.

CALCULATION AND PAYMENT OF TERMINATION COMPENSATION. 17.2.1 The final amount of the Termination Compensation payable pursuant to this Agreement shall be calculated by the Independent Auditor. The Independent Auditor shall submit a written report to the Parties setting out his findings within 30 (Thirty) Days of the date on which either Party first sends him a written request to calculate the Termination Compensation. The Parties shall provide all reasonable assistance to the Independent Auditor in order to enable him to achieve his mission within the prescribed deadline, including, as regards to the Operator, by giving full access to its accounts. The findings of the Independent Auditor as set out in his written report shall be final and binding on the Parties, Parties save to the extent of any manifest error. 17.2.2 The Termination Compensation shall become due and payable to the Operator by the Authority within 60 (Sixty) Days of a demand being made by the Operator, by way of written notice, for the amount set out in the Independent Auditor's written report.

CALCULATION AND PAYMENT OF TERMINATION COMPENSATION. 17.2.1 16.2.1 The final amount of the Termination Compensation payable pursuant to this Agreement shall be calculated by the Independent Auditor. The Independent Auditor shall submit a written report to the Parties setting out his findings within 30 thirty (Thirty30) Days of the date on which either Party first sends him a written request to calculate the Termination Compensation. The Parties shall provide all reasonable assistance to the Independent Auditor in order to enable him it to achieve his mission the task within the prescribed deadline, including, as regards to the Operator, by giving full access to its accounts. The findings of the Independent Auditor Auditor, as set out in his written report report, shall be final and binding on the Parties, Parties save to the extent of any manifest error. 17.2.2 16.2.2 The Termination Compensation shall become due and payable to the Operator by the Authority within 60 sixty (Sixty60) Days of a demand being made by the Operator, by way of written notice, for the amount set out in the Independent Auditor's written report.