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Negotiate, on behalf of the SPE, any other Operative Agreements as may be required in order to take the Project(s) to Financial Close.2.5Common responsibility of the Parties2.5.1By their mutual consent, the Parties shall jointly:
2.6Key Commercial Terms for Development PhaseThe Parties agree on the following key commercial terms:2.6.1Evolution Energy LTD shall be responsible for (i) providing or securing the Site(s) for the Bio-Energy project(s), (ii) securing a Feedstock source necessary to produceof at least ___tons per day of RDF for the Project(s), (iii) processing with SOLENA all required permits on behalf of the SPE, (iv) assist SOLENA inthe negotiations on behalf of the SPE for all Operative Agreements, and (v) fulfilling all other roles and responsibilities as lead developer as are outlined in Article 2.3 above3.2.1 below.2.6.2SOLENA shall be responsible for (i) carrying out and/or supervising the execution of the conceptual and front end engineering studies (FEED) of the Bio-Energy project(s), (ii) providing all data and technical support to Evolution Energy LTD as may be necessary to successfully process and obtain the required permits for the Bio-Energy project(s), and (iii) provide project development services, with assistance from Evolution Energy LTD, in negotiating and securing all Operative Agreements, and (iv) fulfilling all other roles and responsibilities as are outlined in Article 3.2.2 below2.4 above.2.6.3Evolution Energy LTD confirms that it shall attempt to secure funding from various investors and/or funders for the development of the Bio-Energy project(s). |
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