Clean Development Mechanism. The Mine Developer and Operator shall endeavour to earn revenues or other benefits in relation to, or arising out of this Project, under the Clean Development Mechanism (CDM) of Kyoto Protocol of United Nations Framework Convention on Climate Change (UNFCCC) or any other such mechanism. The Mine Developer and Operator expressly agrees and undertakes to transfer, free of cost, forthwith to the TANGEDCO, one-half of all such revenues, credits or other benefits accruing to, or earned by it, from such mechanism.
Appears in 2 contracts
Sources: Coal Mining Agreement, Coal Mining Agreement