Sulfide Project definition
Examples of Sulfide Project in a sentence
Subject to Section 12.10 of the Master Participation Agreement and the generally applicable procedures of KfW in respect of confidential commercial information, KfW shall be entitled to give information relating to the Sulfide Project and to the KfW Loan Agreement to representatives of the Federal Republic of Germany having any responsibility in connection with the HERMES Guarantee and its representatives and advisors.
The Borrower represents and warrants that except as disclosed in Annex I, as of the date hereof and as of the Closing Date, the construction activities conducted in connection with the Sulfide Project and the operations and properties of the Borrower are in compliance with the JBIC Environmental Guidelines, except for any immaterial issues of non-compliance of which the Borrower is not specifically aware and as to which no remedial action has been requested by any applicable Governmental Authority.
Based on the foregoing, KfW is prepared, on the terms and subject to the conditions set forth herein and in the other Financing Documents, to make Loans to the Borrower that constitute Loans in an aggregate principal amount up to US$22,500,000 for the purchase of equipment and services delivered by the Exporter under the Export Contracts in connection with the development of the Sulfide Project.
For purposes of financing in part the development by the Borrower of the Sulfide Project (referred to in the Master Participation Agreement referred to below), the Borrower is entering into various loan and credit agreements, including this Agreement, setting out the terms upon which financing is to be provided for such development.
This Agreement and the other Financing Documents constitute the entire agreement and understanding, and supersede all prior agreements and understandings (both written and oral), between the Borrower and the Senior Facility Lenders with respect to the financing by the Senior Facility Lenders of the Sulfide Project and there are no warranties, representations or other agreements between such parties in connection with the subject matter hereof except as specifically set forth herein and therein.
Except as set forth in Schedule 6.13 or as would not, in any case or in the aggregate, reasonably be expected to result in a Material Adverse Effect, the Borrower has full and sufficient rights to use the Core Mining Concessions, water rights and surface lands necessary for the Business as currently conducted and, with respect to the Sulfide Project, as described in Schedule D.
The Borrower has obtained, or has no current reason to believe that it will not timely obtain as and when necessary for construction and operation of the Sulfide Project, all water rights, easements, leases, rights of way and other real property, licenses or rights that are materially necessary in order to conduct the Current Operations and construct and operate the Sulfide Project.
The Borrower shall construct and complete the Sulfide Project in all material respects in accordance with the description of the Sulfide Project set forth in Schedule D on or prior to the Target Completion Date.
The Borrower shall operate the Sulfide Project in accordance with applicable good industry mining practice.
Other books and records relating to the Sulfide Project and the Current Operations shall be maintained at the offices of the Operator in Peru.