2.1.10.1  General principle

There are a number of different documents and document sets defined in the PV Standard Project Deeds. Section 5 includes further information on the source and development path for the Project Documents.

Diagram 3 and notes below explain the content and interrelation between the different document sets.

Diagram 3

•  Project Documents: this definition is intended to capture all of the documents relevant to the Project including Subcontracts between Project Co and its Key Subcontractors, Parent Guarantees from Key Subcontractors, agreements entered into with the State in respect of the Project and all Finance Documents and Equity Documents. Project Documents are subject to a range of controls under the Project Deed including the restrictions on amendment, replacement, assignment and a range of other actions in clause 52.1(a).

•  State Project Documents: are those Project Documents to which the State is a party. These include:

-  the Project Deed;

-  the Finance Direct Deed; 

-  each Subcontractor Direct Deed;

-  the State Security; and

-  the Independent Reviewer Deed. 

•  Equity Documents: are the documents listed in the Equity Documents Schedule, which will set out the Equity Documents relating to Project Co and the Project. 

•  Finance Documents: are the documents listed in the Finance Documents Schedule, including the Finance Direct Deed, any document entered into in relation to a Refinancing of the Actual Debt and any other document the parties agree is a Finance Document. The Finance Documents should not include any Equity Documents.