(A) The Authority and Project Co have agreed the terms on which Project Co will design, develop and construct and provide certain services in connection with the redevelopment of [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 Project Co as security for its obligations.]
(D) The Service Provider and Project Co have entered into an agreement of even date herewith relating to the provision of certain of the Services (as defined in the Design Build Finance and Maintain Agreement) by the Service Provider to enable Project Co to discharge its obligations to the Authority regarding such Services under the Design Build Finance and Maintain Agreement and the Project Documents (the "Service Contract").
(E) This Service Provider's Collateral Agreement (the "Agreement") is one of the Service Providers' Collateral Agreements contemplated by the Design Build Finance and Maintain Agreement.
NOW IT IS HEREBY AGREED as follows: