Solar PV Facility Project Financing & Contracting

Tripartite agreement Download PDF: Tripartite agreement Simplified sequence of events Owner enters EPC Contract with EPC Contractor The Tripartite Agreement is designed to regulate the relationship of the developer, the contractor, the Financier and the guarantor under the EPC Contract. The Tripartite Agreement includes consents by the parties, and detailed warranties from both the contractor and guarantor to the Financier. Rights of cure, step-in and novation are set out in clause 4. These provide substantial protection for the Financier in respect of any right to suspend or terminate works arising out of the EPC Contract. Guarantor must enter Parent Guarantee for obligations of Contractor under EPC Contract Employer must grant or will grant security over its rights under and interest in the EPC Contract to the Security Trustee Identification of Security Trustee Owner, EPC Contractor, Security Trustee and Guarantor enter into Tripartite Agreement Sign contract EPC Contractor delivers in accordance with the General Conditions and Schedules to the EPC Contract

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