Debt arising as a result of cessation of participation in the LGPS

26.8 Where an Admission Agreement is terminated or otherwise ceases to have effect and [Sub-hubco/Project Co] (and/or any relevant Service Provider) is required to pay an additional contribution to the LGPS pursuant to a rates and adjustments certificate issued under Regulation 34 of the LGPS (Administration) Regulations or otherwise (the "Exit Contribution"), [Sub-hubco/Project Co] (and/or any relevant Service Provider) shall pass the account or invoice in relation to the Exit Contribution to the Authority within 20 Business Days of receipt of such account or invoice. The Authority shall be responsible for paying an amount equal to the Exit Contribution to the Administering Authority for immediate credit to the LGPS.

26.9 [Sub-hubco/Project Co] (and/or any relevant Service Provider) shall be responsible for any part of any Exit Contribution arising on termination of the Admission Agreement which relates to any unpaid contributions due under the Admission Agreement up to the date of termination of the Admission Agreement in so far as those unpaid contributions related to any amount payable under Clause 26.2.3(a).