If this Agreement is terminated pursuant to Section 2.3.1 (Termination Due to Non-Occurrence of Effective Date):
(a) If the Company is at fault, the Agency shall be paid liquidated damages by the Company equal to [●] percent ([●]%) of the Total Project Cost unless the Company's failure to fulfill any of its conditions precedent was actually due to (i) a Political Force Majeure Event, or (ii) an Agency Event of Default. For this purpose, the Agency shall draw down the amount claimed as liquidated damages from the Performance Security posted by the Company.
(b) If the Agency is at fault, the provisions of Section 20.1.2 (Default Termination Buy-out Provisions) will apply.
(c) This Agreement shall have no further effect. The Parties shall have no further rights and shall be released from all their obligations under this Agreement except in respect of any rights or obligations arising before the termination occurred.