Common use of Force Majeure Termination Buy-Out Provisions Clause in Contracts

Force Majeure Termination Buy-Out Provisions. Except for termination of this Agreement as a result of an Event of Loss caused by a Non-Political Force Majeure Event, in case of termination of this Agreement in accordance with the provisions of this Section 20.2 (Termination due to Prolonged Force Majeure Event), the Agency shall purchase from the Company, and the Company shall transfer to the Agency, the Facilities and the Project for the buyout price and following the procedures set forth in Schedule 23 (Termination Buy-Out and Transfer Provisions).

Appears in 1 contract

Samples: Urban Mass Rail System Concession Agreement

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Force Majeure Termination Buy-Out Provisions. Except for termination of this Agreement as a result of an Event of Loss caused by a Non-Political Non-­‐Political Force Majeure Event, in case of termination of this Agreement in accordance with the provisions of this Section 20.2 (Termination due to Prolonged Force Majeure Event), the Agency shall purchase from the Company, and the Company shall transfer to the Agency, the Facilities and the Project for the buyout price and following the procedures set forth in Schedule 23 (Termination Buy-Out Buy-­‐Out and Transfer Provisions).

Appears in 1 contract

Samples: Urban Mass Rail System Concession Agreement

Force Majeure Termination Buy-Out Provisions. Except for termination of this Agreement as a result of an Event of Loss caused by a Non-Political Force Majeure Event, in case of termination of this Agreement in accordance with the provisions of this Section 20.2 16.2 (Termination due to Prolonged Force Majeure Event), the Agency LGU shall purchase from the Company, and the Company shall transfer to the AgencyLGU, the Facilities and the Project (including all sums deposited in the escrow account described in Section 16.3) for the buyout price and following the procedures set forth in Schedule 23 I (Termination Buy-Out and Transfer at Termination Provisions).

Appears in 1 contract

Samples: Waste Management Agreement

Force Majeure Termination Buy-Out Provisions. Except for termination of this Agreement as a result of an Event of Loss caused by a Non-Political Force Majeure Event, in case of termination of this Agreement in accordance with the provisions of this Section 20.2 21.2 (Termination due to Prolonged Force Majeure Event), the Agency shall purchase from the Company, and the Company shall transfer to the Agency, the New ICT Services and Facilities and the Project (including all sums deposited in the escrow account described in Section 6.5) for the buyout price and following the procedures set forth in Schedule 23 H (Termination Buy-Out and Transfer at Termination Provisions).

Appears in 1 contract

Samples: Project Agreement

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Force Majeure Termination Buy-Out Provisions. Except for termination of this Agreement as a result of an Event event of Loss loss caused by a Non-Political Force Majeure Event, in case of termination of this Agreement in accordance with the provisions of this Section 20.2 (Termination due to Prolonged Force Majeure Event), the Agency shall purchase from the Company, and the Company shall transfer to the Agency, the Facilities and the Project for the buyout price and following the procedures set forth in Schedule 23 O (Termination Buy-Out and Transfer Provisions).

Appears in 1 contract

Samples: Bulk Water Supply Agreement

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