23.6.1  Introduction

23.6.1.1  The Contract must deal comprehensively with termination as a result of a breach of the refinancing provisions100 by the Contractor.

23.6.1.2  A balance must be struck between the Authority's proper desire to incentivise the Contractor to be open and transparent in relation to refinancing, and the Senior Lenders' fear of losing their funding for reasons beyond their control due to the actions of the Contractor.




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100  See Section 28 (Refinancing).