___________________________________________________________________________
180 This procedure is provided as a framework only, and should be considered by Boards on a project specific basis. The use of a financial model is not a universal manner of valuing Variations and Boards should consider (after taking appropriate financial advice) the method best suited to each particular project. To the extent that a financial model is employed, Boards should note that this will be a different model to that used by the Funders to monitor Project Co's cover ratios under the Funding Agreements.