If a participant fails to carry out the terms and conditions of a BCAP contract, CCC may terminate the BCAP contract.
If the BCAP contract is terminated by CCC in accordance with this paragraph:
The participant will forfeit all rights to further payments under the contract and must refund all payments previously received, plus interest; and
The participant must pay liquidated damages to CCC in an amount as specified in the contract.
CCC may reduce a demand for a refund under this section to the extent CCC determines that such relief would be appropriate and would not deter the accomplishment of the purposes of BCAP.
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