Common use of Termination by reason of Expiry Clause in Contracts

Termination by reason of Expiry. For the avoidance of doubt, the Parties agree that notwithstanding anything to the contrary in this Concession Agreement: 31.4.1. if this Concession Agreement terminates on the Expiry Date; or 31.4.2. if this Concession Agreement terminates as a result of a iSimangaliso Default, a Concessionaire Default, an event of Force Majeure or a Corrupt Act, other than the Concessionaire's right to receive the Termination Amount where clause 31.

Termination by reason of Expiry. 31.5.1 For the avoidance of doubt, the Parties agree that notwithstanding anything to the contrary in this Concession Agreement:Agreement - 31.4.1. 31.5.1.1 if this Concession Agreement terminates on the Expiry Date; or 31.4.2. 31.5.1.2 if this Concession Agreement terminates as a result of a iSimangaliso SANParks Default, a Concessionaire Operator Default, an event of Force Majeure or a Corrupt Act, . 31.5.2 SANParks shall not be liable for payment of any compensation to the Operator or any Subcontractor or any third party by virtue of any transfer or other than the Concessionaire's right to receive the Termination Amount where clause 31effect of termination provided for in this Clause 31 (Effects of Termination).