WHEREAS:

(A)  The Authority and Sub-hubco have agreed the terms on which Sub-hubco will design, develop and construct and provide certain services in connection with [description of facilities] (the "Development") at the Site (as that expression is defined in the Design Build Finance and Maintain Agreement) and, accordingly, have entered into the Design Build Finance and Maintain Agreement and the Project Documents.

(B)  [Description of financing arrangements].

(C)  [Description of documents entered into by Sub-hubco as security for its obligations.]

(D)  The Contractor and Sub-hubco have entered into an agreement (the "Construction Contract") of even date herewith relating to the provision of the Works (as defined in the Design Build Finance and Maintain Agreement) by the Contractor to enable Sub-hubco to discharge its obligations to the Authority regarding such Works under the Design Build Finance and Maintain Agreement and the Project Documents.

(E)  This Contractor's Collateral Agreement (the "Agreement") is the Contractor's Collateral Agreement contemplated by the Design Build Finance and Maintain Agreement.

NOW IT IS HEREBY AGREED as follows: