Section 2 Policies to be taken out by Project Co and maintained during the Operating Term.

Common to all policies in Part 2 (unless stated otherwise):

Insureds:-

1.  Board.

2.  Project Co.

3.  Service Provider.

4.  Service Provider's sub-contractors.134

5.  Senior Funders.

6.  Junior Funders.

each for their respective rights and interests in the Project.

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134  To the extent that their activities are required to be insured under contract.