(a) Notwithstanding the other provisions of this Agreement and the terms and conditions of the Senior Financing Agreements, the Agent acknowledges that any proceeds received by the Contractor pursuant to the Compensation Order following a Criminal Damage Event shall (save for that portion that relates to the costs award and any element that is expressly described in such amount as relating to a business interruption payment for the Contractor) belong to the Authority and must be promptly distributed to the Authority in accordance with the terms of Schedule [♦] (Criminal Damage) of the Contract. In this regard, the Agent shall not exercise any rights under the Senior Financing Agreements or take any other steps to prevent such amounts being released from any accounts secured in favour of the Agent or the Senior Lenders.
(b) Where the Contractor has submitted a Reinstatement Plan pursuant to Paragraph 5.1 of Schedule [♦] (Criminal Damage) and the person proposed to effect the Reinstatement Works is not the Construction Sub-Contractor, the identity of that person shall be subject to the prior written approval of the Agent which shall not be unreasonably withheld or delayed.
(c) The Agent acknowledges and confirms its approval that pursuant to the paragraph 5.1(B) of Schedule [♦] (Criminal Damage), the Contractor and the Authority will enter into a new contract following agreement of the Reinstatement Plan, under which Reinstatement Works are to be completed.