Consequences of Tasmanian Irrigation terminating agreement. If Tasmanian Irrigation terminates this agreement under clause 12.2 or clause 12.3, without prejudice to any other remedy Tasmanian Irrigation might have against the Purchaser: (a) Tasmanian Irrigation may keep the Deposit and any interest earned on it and any other money paid by the Purchaser to Tasmanian Irrigation; and (b) if Tasmanian Irrigation resells the Water Entitlements: (i) the Purchaser must pay to Tasmanian Irrigation any deficiency arising on the resale and all expenses of the resale or any attempted sale; but (ii) Tasmanian Irrigation may keep any profit on resale.
Appears in 6 contracts
Samples: Water Entitlements Purchase Contract, Water Entitlements Purchase Contract, Water Entitlements Purchase Contract