THE PROJECT STRUCTURE Sample Clauses

THE PROJECT STRUCTURE. 2.1 Framework of this Agreement (i) The Parties hereby agree that this Agreement establishes a binding framework for the implementation of the Project between the Parties for the development and implementation of a regional solid waste management facility. (ii) The binding principles to be used for the purposes of the implementation of the Project are: (a) State Govt. shall provide land for the purposes of the implementation of the Project; (b) the Participating ULBs: (i) shall have an independent access to, and (ii) can use the Regional MSW Facility only after signing and executing this Agreement; (c) the Participating ULBs shall also sign and execute a MSW Supply Agreement to ensure that the minimum quantity of MSW required for the effective operation of the Regional MSW Facility is provided to the Concessionaire; (d) the Participating ULBs shall pay a Tipping Fee for use of the Regional MSW Facility; (e) the Concessionaire shall design, develop, construct, operate and manage the Regional MSW Facility in accordance with the Concession Agreement; (f) the Regional MSW Facility, and any part of the Project shall vest unconditionally with State Govt.; (g) the Participating ULBs shall be responsible for the collection and transportation of the MSW generated within their respective jurisdictions; (h) any municipal authority/corporation/ULB other than the Participating ULBs shall sign a Participation Deed before using the Regional MSW Facility or any part of the Project; and (i) the termination of the Project, exit of any Participating ULB, exit of the Concessionaire, and the termination of Concession Agreement, MSW Supply Agreement, Lease Agreement and the Participation Deed shall be subject to overall supervision of State Govt. in accordance with the terms and conditions of this Agreement.