Allegheny's Development Responsibilities Sample Clauses
Allegheny's Development Responsibilities. Allegheny shall have responsibility for undertaking the following tasks:
(i) selection of the Project Lender, development of the optimum financial structure for the Project Debt designed to minimize the Total Capital Costs of the Project, and negotiation of the terms of the Project Debt;
(ii) selection of the plant operator for the Project, which may be an Affiliate of Allegheny (in which case, however, such selection shall require approval by SEF which consent shall not be unreasonably withheld or delayed), and negotiation of the operation and maintenance agreement, provided, however, that if the supplier is, an Affiliate of Allegheny, SEF shall negotiate the operation and maintenance agreement;
(iii) risk management and insurance requirements for the Project; (iv) flagging and/or registering the barge and otherwise assuring compliance by the Project with applicable maritime laws;
