Environmental and Social Protection. The Company shall at all times during the term of this Agreement comply with all laws and regulations in relation to environment protection, including, without limitation, (i) the IF’s Environmental and Social Management Framework, publicly available as of 18th February, 2021 at the following link: xxxx://xxx.xxxxxxxxxxxxxx.xx/cms/files/program-katapult/ESMF_SAIGE.pdf, and (ii) if applicable, Environment and Social Management Plan, adopted in relation to the Company as a result of environmental and social review performed in course of application process. Affiliated transactions If the Company enters into any transactions with any affiliated entity, such transactions shall always be at the arm’s length basis.
Environmental and Social Protection and Impact Mitigation The Companies or their nominated contractors will only be required to place all or part of an insurance policy with a local insurance company to the extent that the local insurance companies rue able to meet the credit ratings or other requirements that may be required by the providers of finance to the Companies or nominated contractors and/or where such insurance can be supplied on a competitive basis in terms of price, quality and other delivery terms. (u) National Social Security and Insurance Trust - NASSIT (i) I n respect of their expatriate employees working in Sierra Leone, the Companies or their nominated contractors are not required to make the required company contributions to the National Social Security and Insurance Trust. (ii) Expatriate employees working Sierra Leone and employed by the Companies or their nominated contractors are not required to make the required employee contributions to the National Social-Security and Insurance Trust (v) Joint Review The Ministry of Finance and Economic Development, for and on behalf of the GOSL and the Companies will conduct a joint review of the fiscal package contained in this Article (Fiscal) of this Agreement every five (5) years from the date of ratification by Parliament of this Agreement or in the event, during intervening periods prior to the expiry of the said five (5) years, the market conditions change so significantly as to necessitate a review without which the normal operations of the Companies, including their cash flow and/or longer-term viability, may be materially adversely affected. Any resulting change from such joint review will require the mutual consent of the GOSL and the Companies. 19 ARTICLE: 20.
Environmental and Social Protection. (a) Implementation of the Resettlement Action Plans relating to the carrying out of activities under Part 2 (d) of the Project.
Environmental and Social Protection. Investor’s obligations with respect to the environment shall be as prescribed by Law, including the EPML, the EIA Procedure Guidelines.
