Common use of Consequence of Target Study Cost being exceeded or Target Date not being met Clause in Contracts

Consequence of Target Study Cost being exceeded or Target Date not being met. (a) The Customer acknowledges and agrees that a failure by Aurizon Network to comply with clause 7.2 will reduce (potentially to zero) the amount of the Project Management Fee payable by the Customer to Aurizon Network under this Agreement.

Consequence of Target Study Cost being exceeded or Target Date not being met. (a) The Customer Study Funder acknowledges and agrees that a failure by Aurizon Network to comply with clause 7.2 will reduce (potentially to zero) the amount of the Project Management Fee payable by the Customer Study Funder to Aurizon Network under this Agreement.