Common use of Compensation on Termination for Contractor Default Clause in Contracts

Compensation on Termination for Contractor Default. The provisions of Part 3 (Compensation on Termination for Contractor Default) of Schedule 17 (Compensation on Termination) shall apply in respect of Compensation on Termination for Contractor Default.

Compensation on Termination for Contractor Default. The following provisions of this Part 3 (Compensation on Termination for Contractor Default) of Schedule 17 (Compensation on Termination) shall apply in respect on termination of Compensation on the Contract pursuant to Clause 67 (Termination for Contractor Default) and any compensation payable by the Authority to the Contractor shall be determined accordingly.