Common use of Project Finance Clause in Contracts

Project Finance. 3.1 The parties acknowledge that the Recipient will seek to arrange: (a) concessional debt financing and related working capital and hedging facilities; and (b) an equity raising, in addition to the ARENA Funding in relation to the funding of the Project. 3.2 In the event that the finance described in clause 3.1 is arranged, the parties agree to negotiate in good faith any amendments to this Agreement reasonably required as a result of such finance being obtained, including (if required) entering into a longform funding agreement.