24.3  Consequences

(a)  Upon termination by government for an Event of Default:

(i)  government will be entitled to recover damages from the private party; and

(ii)  the private party will not be entitled to any compensation.

(b)  Upon termination by the private party or termination by government for native title or a Force Majeure Event, government may be required to pay a Termination Payment to the private party in accordance with the principles set out in section 25 (Termination Payments).

(c)  The rights and obligations of the parties to the project agreement (or other agreements that may be relevant to include here, such as any lease between the private party and government) will cease except for:

(i)  any accrued rights and obligations; and

(ii)  any rights or obligations which are expressed to continue after termination.