The order provides for compensation to bepayable where planning permission granted by a local planning authority is subsequently revoked or modified or withdrawn.
In other words, in the eyes of the law, it would not be fair or reasonable to increase the amount of monetary damages payableby a breaching party by having it be responsible for losses of the aggrieved party that are reasonably avoidable.
In the event that the GRB exercises its pre-emption rights in full, Anglo American will acquire an incremental 30 percent interest in De Beers, taking its total interest to 75 percent, and the consideration payableby Anglo American would be reduced proportionately.
That same agreement also gives Mr. Scott and his related family interests the right to put their shares to the Corporation at fair market value to be determined by independent appraisal if the sellers do not agree with the price offered by the Corporation, and payable in Berkshire shares.
The financial structure of the agreement consists of a one-time payment payableby Apple and on-going royalties to be paid by Apple to Nokia for the term of the agreement.