Offsets to be secured Sample Clauses

Offsets to be secured. (a) The parties agree that the Company will purchase the Offsets from the Landowner located on the Offset Land (as referred to and described in the Offset Proposal and Offset Management Plan) for the purposes of satisfying the requirements of the Framework, the EES process, and the EPBC Act as applicable to the Project. (b) The parties agree that the recognition of Offsets are subject any requirements of the EES process, the EPBC Act, the Framework and any other requirements published by DELWP from time to time.