If there is an inconsistency, ambiguity or discrepancy between the Project Deed and any other State Project Document, then the following order of precedence applies:
• the Finance Direct Deed;
• the Project Deed; and
• the remaining State Project Documents.
The Finance Direct Deed takes precedence over the Project Deed as it places limitations on certain of the State's rights under the Project Deed in favour of the Financiers. For example the State's rights to terminate the Project Deed under the Project Deed are subject to the restrictions agreed with the Financiers in accordance with the Finance Direct Deed.
As the remaining State Project Documents are given equal priority, the parties need to apply the inconsistency regime set out in clause 2.6 to resolve inconsistencies, ambiguities or discrepancies within and between the State Project Documents other than the Finance Direct Deed or the Project Deed.