BETWEEN:
(1) [BOARD] (the "Board ");
(2) ([SENIOR FUNDER41] (the "Senior Funder");
(3) [SERVICE PROVIDER] (the "Service Provider"); and
(4) [PROJECT CO] ("Project Co").
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40 Equivalent format to be used for Contractor collateral agreement.
41 The standard form is drafted on the basis that the project is bank financed. This template will need to be adapted if different funding arrangements are used.