2.1.4.70.8 Definition of 'Close Out Amount' - Optional

Refer to 2.1.3.20 "Termination and damages" for an optional amendment regarding the "Close Out Amount".  This has been included in the Guide given the decision in the Enron case.[1]

 

[1] Enron Australia Pty Limited (in liquidation) v Integral Energy Australia [2002] NSWSC 753.


Last Update Date 29 Jun 2011