22.2.2  Termination

If government elects to terminate the project agreement rather than require the private party to reinstate or repair the facility or the site, and the damage was caused by an event which was:

(a)  a Force Majeure Event, government must pay compensation on the basis of a Force Majeure Termination Event;

(b)  a private party default, government must pay compensation on the basis of a Default Termination Event; or

(c)  not a Force Majeure Termination Event or Default Termination Event, but which was an event which these principles state will be treated as a Voluntary Termination, government must pay compensation on the same basis as for a Voluntary Termination.93




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93  See Chapter 26 (Termination Payments).