3.3  Restriction of Right of Termination

During or in respect of the Step-in Period, the Contractor confirms to the Authority that it shall continue to observe and perform its duties and obligations under the Construction Contract and shall, without prejudice to Clause 5.1 (Rights of Termination), only be entitled to exercise its rights of termination under the Construction Contract:

3.3.1  by reference to an Event of Sub-hubco Default arising during the Step-in Period provided that no event of default by Sub-hubco under the Design Build Finance and Maintain Agreement (whether resulting in termination of the Design Build Finance and Maintain Agreement or otherwise, and notwithstanding that it has occurred during the Step-in Period) shall entitle the Contractor to exercise such rights of termination during the Step-in Period; or

3.3.2  if the Authority, in breach of the terms of the Construction Contract, fails to pay when due any amount owed to the Contractor or fails to perform or discharge when falling due for performance or discharge any obligation under the Step-in Undertaking or fails to procure such payment or performance or discharge; or

3.3.3  if such rights of termination arise in circumstances where there is no default under the Construction Contract by the Authority or the Contractor.