Common use of Termination Amount for SANParks Default Clause in Contracts

Termination Amount for SANParks Default. 28.3.1 On termination of this PPP Agreement as a result of SANParks Default, without derogating from any other rights which the Private Party may have in law, SANParks shall pay the Private Party an amount equal to the Depreciated Value of the Capital Investment Assets, set out in the annual audited books of account of the Private Party on the date of such termination.

Appears in 16 contracts

Samples: Private Partnership Agreement, PPP Agreement, PPP Agreement

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Termination Amount for SANParks Default. 28.3.1 25.3.1 On termination of this PPP Agreement as a result of SANParks Default, without derogating from any other rights which the Private Party may have in law, SANParks shall pay the Private Party an amount equal to the Depreciated Value of the Sale Assets and the Capital Investment Assets, set out in the annual audited books of account of the Private Party on the date of such termination.

Appears in 9 contracts

Samples: Public Private Partnership Agreement, Restaurant and Retail Facilities PPP Agreement, Restaurant and Retail Facilities PPP Agreement

Termination Amount for SANParks Default. 28.3.1 24.3.1 On termination of this PPP Agreement as a result of SANParks Default, without derogating from any other rights which the Private Party may have in law, SANParks shall pay the Private Party an amount equal to the Depreciated Value of the Capital Investment Assets, set out in the annual audited books of account of the Private Party on the date of such termination.termination.β€Œ

Appears in 2 contracts

Samples: Phabeni Gate Bush Braai PPP Agreement, Crocodile Bridge Bush Braai PPP Agreement

Termination Amount for SANParks Default. 28.3.1 On termination of this PPP Agreement as a result of SANParks Default, without derogating from any other rights which the Private Party may have in law, SANParks shall pay the Private Party an amount equal to the Depreciated Value book value of the Capital Investment Sale Assets and New Project Assets, set out in the annual audited books of account of the Private Party on the date of such termination.

Appears in 1 contract

Samples: Skukuza Airport PPP Agreement

Termination Amount for SANParks Default. 28.3.1 27.3.1 On termination of this PPP Agreement as a result of SANParks Default, without derogating from any other rights which the Private Party may have in law, SANParks shall pay the Private Party an amount equal to the Depreciated Value of the Capital Investment Assets, set out in the annual audited books of account of the Private Party on the date of such termination.

Appears in 1 contract

Samples: Draft PPP Agreement

Termination Amount for SANParks Default. 28.3.1 26.3.1 On termination of this PPP Agreement as a result of SANParks Default, without derogating from any other rights which the Private Party may have in law, SANParks shall pay the Private Party an amount equal to the Depreciated Value of the Capital Investment Assets, set out in the annual audited books of account of the Private Party on the date of such termination.

Appears in 1 contract

Samples: Bush Braai PPP Agreement

Termination Amount for SANParks Default. 28.3.1 23.3.1 On termination of this PPP Agreement as a result of SANParks Default, without derogating from any other rights which the Private Party may have in law, SANParks shall pay the Private Party an amount equal to the Depreciated Value of the Capital Investment Assets, set out in the annual audited books of account of the Private Party on the date of such termination.

Appears in 1 contract

Samples: Public Private Partnership Agreement

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Termination Amount for SANParks Default. 28.3.1 25.3.1 On termination of this PPP Agreement as a result of SANParks Default, without derogating from any other rights which the Private Party may have in law, SANParks shall pay the Private Party an amount equal to the Depreciated Value of the Sale Assets and the Capital Investment Assets, set out in the annual audited books of account of the Private Party on the date of such termination.termination.β€Œ

Appears in 1 contract

Samples: PPP Agreement

Termination Amount for SANParks Default. 28.3.1 27.3.1 On termination of this PPP Agreement as a result of SANParks Default, without derogating from any other rights which the Private Party may have in law, SANParks shall pay the Private Party an amount equal to the Depreciated Value of the immovable Capital Investment Assets, set out in the annual audited books of account of the Private Party on the date of such termination.

Appears in 1 contract

Samples: staging.sanparks.org

Termination Amount for SANParks Default. 28.3.1 29.3.1 On termination of this PPP Agreement as a result of SANParks Default, without derogating from any other rights which the Private Party may have in law, SANParks shall pay the Private Party an amount equal to the Depreciated Value of the Capital Investment Assets, set out in the annual audited books of account of the Private Party on the date of such termination.

Appears in 1 contract

Samples: PPP Agreement

Termination Amount for SANParks Default. 28.3.1 26.3.1 On termination of this PPP Agreement as a result of SANParks Default, without derogating from any other rights which the Private Party may have in law, SANParks shall pay the Private Party an amount equal to the Depreciated Value of the immovable Capital Investment Assets, set out in the annual audited books of account of the Private Party on the date of such termination.

Appears in 1 contract

Samples: PPP Agreement

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