Authority Break Point Date definition

Authority Break Point Date means [ ];]

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Authority Break Point Date means the tenth (10th) and each subsequent five (5) Year anniversary of the Contractual Full Opening Date;

Examples of Authority Break Point Date in a sentence

• If the Authority wishes to terminate this Agreement under this Clause it must give notice to Project Co stating: that the Authority is terminating this Agreement under this Clause 42.2; and that this Agreement will terminate on the specified Authority Break Point Date, which must be a minimum of [30] days after the date of receipt of the notice.

• The compensation payable under Part 2 (Compensation following Authority Default or Authority Voluntary Termination or Authority Break Point Date Termination), Part 4 (Compensation following Corrupt Gifts and Fraud), Part 5 (Compensation on Termination for Force Majeure and Uninsurability) and Part 6 (Compensation Following Breach of the Refinancing Provisions) shall be the sole remedy of the Contractor against the Authority in respect of termination of the Contract.