Common use of Outstanding Claims Clause in Contracts

Outstanding Claims. ‌ Clauses 17.9 ("Return of Financial Security on provision of further Financial Security for the next Security Period") and 17.10 (“Return of Financial Security on expiry and termination”) do not apply if the Customer has an actual or contingent liability to Powerlink for any amount or amounts of the kind referred to in clause 17.6 ("Right to draw or call on Financial Security") at the applicable date (including any amount under clause 17 ("Termination costs")). In that case, the date for return of the Financial Security is the next Business Day after all claims have been finalised.

Outstanding Claims. ‌ Clauses 17.9 ("Return of Financial Security on provision of further Financial Security for the next Security Period") and 17.10 (“Return of Financial Security on expiry and termination”) do not apply if the Customer Generator has an actual or contingent liability to Powerlink for any amount or amounts of the kind referred to in clause 17.6 ("Right to draw or call on Financial Security") at the applicable date (including any amount under clause 17 ("Termination costs")). In that case, the date for return of the Financial Security is the next Business Day after all claims have been finalised.