Common use of EFFECT OF SUSPENSION OR TERMINATION Clause in Contracts

EFFECT OF SUSPENSION OR TERMINATION. 18.1 We may exercise our right to give you a direction under Clause 4.7 if : a) this Contract is terminated; b) you suspend delivery of the Training Services for any Skills First Student under a direction given by us under Clause 16.2(a); or c) you otherwise cease to deliver the Training Services for any Skills First Student before they have completed or withdrawn f rom the relevant program. 18.2 A direction referred to in Clause 18.1 may, for example, require you to: a) assist Skills First Students to transfer to another registered training organisation to continue the training they have commenced under this Contract; and b) issue statements of attainment for subjects the Skills First Student has completed. 18.3 Where this Contract was terminated under Clause 17.4(f), we may require you to refund such amount of the Funds paid at any time f rom the date of the relevant suspension, withdrawal, cancellation or cessation as we reasonably deem appropriate (together with interest calculated daily at the rate prescribed under the Penalty Interest Rates Act 1983 (Vic), for the period between us demanding the refund and you refunding the Funds).

EFFECT OF SUSPENSION OR TERMINATION. 18.1 We may exercise our right to give you a direction under Clause 4.7 if if: a) this Contract is terminated; b) you suspend delivery of the Training Services for any Skills First Student under a direction given by us under Clause 16.2(a); or c) you otherwise cease to deliver the Training Services for any Skills First Student before they have completed or withdrawn f rom from the relevant program. 18.2 A direction referred to in Clause 18.1 may, for example, require you to: a) assist Skills First Students to transfer to another registered training organisation to continue the training they have commenced under this Contract; and b) issue statements of attainment for subjects the Skills First Student has completed. 18.3 Where this Contract was terminated under Clause 17.4(f), we may require you to refund such amount of the Funds paid at any time f rom from the date of the relevant suspension, withdrawal, cancellation or cessation as we reasonably deem appropriate (together with interest calculated daily at the rate prescribed under the Penalty Interest Rates Act 1983 (Vic), for the period between us demanding the refund and you refunding the Funds).