(a) The Appointed Representative will, on the earlier of:
(i) the date specified in a written notice from the Agent or the Appointed Representative to the Authority (which date shall be at least [30] days after such notice is received by the Authority)
(ii) the expiry of the Step-In Period,
be released from all of its obligations and liabilities to the Authority under the Contract arising prior to the Step-Out Date and rights of the Appointed Representative against the Authority will be cancelled.35
(b) The Contractor shall continue to be bound by the terms of the Contract, notwithstanding the occurrence of the Step-Out Date.36
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35 Any undischarged liabilities are reflected in the payments under Clause 23.2.8 (Retendering Procedure) and Clause 23.2.9 (No Retendering Procedure) of the Contract.
36 See Section 26.4.4 (Performance Point Accrual when Stepped-In).