26.2.4  Method of payment

Government will be entitled to pay the Force Majeure Compensation Amount in a specified number of instalments.128

Interest may be payable on late payments of the Force Majeure Compensation Amount, depending on the type of financing and the reasons for the delay in payment, and will be determined (including the applicable interest rate) on a project-specific basis.




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128  In jurisdictions which recognise the private party's debt commitments upon termination, such instalments will (where possible) reflect debt commitments.  Alternatively, in these jurisdictions government may choose to compensate the financiers for their costs and expenses incurred as a consequence of government exercising such a right.