Force Majeure Termination Sum definition

Force Majeure Termination Sum has the meaning given to it in clause 35.2 (Compensation on Termination on Force Majeure);
Force Majeure Termination Sum means the aggregate of:- (a) any Breakage Costs; (b) [ ]101
Force Majeure Termination Sum means the sum defined in Paragraph 1 of Part 2 (Termination for Force Majeure) of Schedule 11 (Termination Compensation); Forward Purchase Bonds has the meaning given to it in the Subscription and Bond Purchase Agreement; Fossils and Antiquities means all fossils and antiquities and structures or other remains or things of archaeological or geological interest discovered within the Sites; Full Services Commencement Date means the later of the date of issue of the Permit to Use in respect of either Phase 1 or Phase 2 and Full Services Commencement shall be construed accordingly;

Examples of Force Majeure Termination Sum in a sentence

  • The Force Majeure Termination Sum shall be an amount equivalent to fifty per cent (50%) of the applicable Contractor Breakage Costs provided that for the purposes of the Force Majeure Termination Sum, no loss of profits shall be compensated.

  • On termination of this Contract under clause 35 (Termination on Force Majeure) in whole or in part, the Authority shall pay to the Contractor the "Force Majeure Termination Sum" in accordance with clauses 38 (Gross Up of Termination Payments) and 39 (Method of Payment).

  • The Force Majeure Termination Sum shall be paid in accordance with Section 5 (General) of this Schedule Part 17 (Compensation on Termination).

  • Payment The Force Majeure Termination Sum payable pursuant to this clause 52 shall be determined and paid in accordance with clauses 55 (Miscellaneous Compensation Provisions) and 56 (Method of Payment).

  • COMPENSATION ON TERMINATION FOR FORCE MAJEURE Amount On termination of this Agreement under clause 45.5 (Unable to Agree), or clause 67.3.1.1 (Consequences) or clause 67.3.1.2 (Consequences) the Authority shall pay to the Contractor the Force Majeure Termination Sum in accordance with clauses 55 (Miscellaneous Compensation Provisions) and 56 (Method of Payment).


More Definitions of Force Majeure Termination Sum

Force Majeure Termination Sum means the sum defined in Paragraph 1 of Part 2 (Termination for Force Majeure) of Schedule 11 (Termination Compensation); Forward Purchase Bonds has the meaning given to it in the Subscription and Bond Purchase Agreement; Fossils and Antiquities means all fossils and antiquities and structures or other remains or things of archaeological or geological interest discovered within the Sites; Full Services Commencement Date means the latest of the date of issue of the Permit to Use in respect of Xxxxx 0, Xxxxx 0, Xxxxx 2A or Phase 3 and Full Services Commencement shall be construed accordingly; General Change in Law means a Change in Law which is not a Discriminatory Change in Law or a Specific Change in Law; Good Industry Practice means the exercise of an appropriate degree of skill, diligence, prudence and foresight being that which would reasonably and ordinarily be expected from a person skilled and experienced in the design, construction, maintenance and operation of roads similar in type to the Project Roads seeking in good faith to comply with the same contractual obligations as the obligations of the Company under this Agreement; Guidance means any applicable guidance or directions with which the Company is bound to comply (excluding DMRB and MCHW);
Force Majeure Termination Sum means the sum specified in Paragraph 2.1 of Part B (Force Majeure) of Schedule 6 (Expiry, Events of Default, Termination and Force Majeure);
Force Majeure Termination Sum has the meaning given to that term in Schedule 11 (Termination Compensation); Fossils and Antiquities means all fossils and antiquities and structures or other remains or things of archaeological or geological interest discovered within the Sites; Full Services Commencement Date means the later of the date of issue of the Permit to Use in respect of Phase 1A, Phase 1B or Phase 2 and Full Services Commencement shall be construed accordingly; General Change in Law means a Change in Law which is not a Discriminatory Change in Law or a Specific Change in Law; Good Industry Practice means the exercise of an appropriate degree of skill, diligence, prudence and foresight being that which would reasonably and ordinarily be expected from a person skilled and experienced in the design, construction, operation and maintenance of roads similar in type to the Project Roads seeking in good faith to comply with the same contractual obligations as the obligations of the Company under this Agreement; Guidance means any applicable guidance or directions with which the Company is bound to comply (excluding DMRB and MCHW);
Force Majeure Termination Sum has the meaning ascribed to it in Schedule G (Calculation of Termination Payments);
Force Majeure Termination Sum has the meaning given in Clause 57.1.1;
Force Majeure Termination Sum has the meaning given in Section 44.3.2. “Forest Act” means the Forest Act, R.S.B.C. 1996, c. 157.
Force Majeure Termination Sum is as defined in Clause 141.1 (Amount);