Subject to this section 8, the Proponent, and each Member, by submitting an Initial Proposal or Project Proposal, acknowledges and accepts that no legal or other obligation in respect of the undertaking of the Project or otherwise in relation to the Project or the Selection Process will arise between the Proponent and the Project Owner until all necessary approvals and consents in relation to the Project and the Project Alliance Agreement (including Ministerial approvals and consents) have been obtained and the Project Alliance Agreement has been executed.