Solar PV Facility Project Financing & Contracting slide image

Solar PV Facility Project Financing & Contracting

pwc Home Solar industry snapshot How to use this guide Project Alternative Contract R&D Due structure project structure documents tax diligence Key issues Contact How to use this guide These notes provide practical guidance in relation to the completion and signing of the Project and Finance Documents. If you have any questions in relation to the terms, refer them to your Legal Department or contact PwC Legal - [email protected] or [email protected] Refer also to the Process Flow Diagram for each contract, on the Contract Documents page. • • Correct Contract Documents: Make sure you are referring to and using the correct and up to date version of the Contract Documents. Drafting notes and examples: Throughout the Project and Finance Documents there are bold, italicised notes in brackets, indicating "drafting notes" or "examples" which are to be deleted prior to distribution to any potential contracting party. Completing the Project and Finance Documents: these documents require project-specific details to be inserted in the Cover Page and Attachments. Before forwarding the Project or Finance Document to the relevant party, you must complete as many details as possible. The notes in bold, italics and highlighted in yellow in the Project and Finance Documents, including the Attachments, will assist you. Negotiation and Amendment: If you are negotiating the terms of a Project or Finance Document, you should not amend the General Conditions. If you wish to amend the General Conditions, you must refer any proposed amendments to your Legal Department. • . • • Preparing the Project Documents for signing: You must ensure that complete copies of the Project or Finance Document are prepared for each party to the relevant document so that each party can retain one original after it is signed by you. Authorisation: You must ensure that the person who is to sign the Project or Finance Document on your behalf is appropriately authorised to do so (eg. by a board or shareholder resolution authorising that person to sign the document). If you have any doubt as to whether that person has the appropriate authorisation you should refer the matter to your Legal Department. Signing: The person signing on your behalf need only sign the Project or Finance Document on the signing page. If either party is not an Australian company please consult us on any formalities that may be required for that party signing Deeds. Date of Signing: Include the date of signing the Project or Finance Document on the cover page of the Project or Finance Document. Parties need not sign at the same time or on the same copy of the document. If <I> the Project or Finance Document is signed on different dates, the date that should be inserted is the date that the last party signed the Project or Finance Document. Storage of Original: you must retain an original signed by your authorised representative. You should retain a photocopy of the fully executed agreement for your own records.
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