Scope of this Beneficiary Agreement Sample Clauses

Scope of this Beneficiary Agreement. 2.1 The Beneficiary shall perform all required activates customarily performed by a geothermal project developer including those activities and requirements identified in this Beneficiary Agreement which includes the Annexes listed below (“Annexes”) to execute the Drilling Program, set forth in Annex III “Drilling Program” and to perform well testing as set forth in Annex IV “Well Testing Protocol” hereof. In addition, the Beneficiary shall perform all activities, reporting and communications as set forth in this Beneficiary Agreement to comply with; (i) geothermal permitting and licensing requirements of all government authorities having jurisdiction, (ii) social and environmental requirements of all government authorities having jurisdiction, (iv) Drilling Program accounting, (v) verification of payments made on behalf of the Drilling Program; and, (vi) any other reasonable requirement set forth by the RSM Unit to complete the Drilling Program and well testing in conformance with the laws, rules, regulations and requirements of the Government of Turkey and the World Bank Group: Annex I: Beneficiaries Manual Annex II: Application Form (including all changes agreed upon before the Effective Date) Annex III: Drilling Program Annex IV: Well Testing Protocol Annex V: Acceptable Well Costs, Partial Coverage and Success Fee Annex VI: Beneficiary’s Business Plan Annex VII: Environmental and Social Impact Assessment Annex VIII: List of required Permits, Licenses and Rights Annex IX: Standard Request for Payment Annex X: Template for Notification of Sub-Contractor Selection Annex XI: Success Fee Guarantee Annex XII: Statement by the Beneficiary’s bank confirming the bank account into which the partial coverage of unsuccessful xxxxx will be paid Annex XIII: Signed letter by authorised representative of the Beneficiary setting forth the name, title and authenticated specimen signature of each person authorised to sign payment requests Annex XIV: Specimen signature for the person authorised to represent the Beneficiary in signing this Beneficiary Agreement Annex XV: Specimen signatures for the persons authorised to represent the Beneficiary during the implementation of this Beneficiary Agreement Annex XVI: Information provided by the Beneficiary, which the RSM may use for reporting purposes Annex XVII: Escrow Agreement
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Related to Scope of this Beneficiary Agreement

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  • SCOPE OF THIS CONTRACT 5.1 What is covered by this contract?

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