Project Deed definition
Examples of Project Deed in a sentence
If the Project Deed is rescinded, Council will not be entitled to recovery of any costs paid to the Department.
Unless otherwise expressly provided in this Deed or (as between the State and Project Co) the Project Deed, or (as between the Security Trustee and Project Co) the Finance Documents, each party must pay its own costs and expenses in connection with negotiating, preparing, executing and performing this Deed.
If there is an inconsistency, ambiguity or discrepancy between this Deed and any other State Project Document, or between any of the State Project Documents, then the following order of precedence applies: this Deed; the Project Deed; and the remaining State Project Documents.
The primary contract is the Gold Coast Rapid Transit Project Deed (Project Deed), dated 5 May 2011, between the State of Queensland (the State) and the GoldLinQ Pty Ltd (GoldLinQ “Operator Franchisee”).
Under the Finance Documents, the Financiers have agreed to provide finance to Project Co in respect of the Project, and under the Project Deed the State has granted Project Co the right to earn the Service Payment.