Common use of Obligations in respect of Contributions Clause in Contracts

Obligations in respect of Contributions. The Parties agrees and acknowledges that, in the event that a Party withdraws or is expelled from the Project at any time during the Term, for whatever reason, such Party shall continue to be legally obliged to make: (a) any Contributions which were due by it prior to the date of its withdrawal or expulsion; and (b) a proportion of the Contribution that was due to be paid by it (if any) after the date of withdrawal or expulsion reflecting work carried out by any the Parties prior to the date of withdrawal or expulsion and a proportion of any non- cancellable commitments entered into by the Parties to be funded by the Contributions including a proportionate contribution to any redundancy costs that a Party may incur with respect to personnel employed for the purposes of the Project and funded from the Contributions.