BOOT AGREEMENT

Arati Gawde (Querist) 17 February 2010 This query is : Resolved
What is 'BOOT AGREEMENT ' ? Please provide format for the same .

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Guest (Expert) 17 February 2010
DATED 123

BUILD,OWN, OPERATE AND TRANSFER ("BOoT")

PROJECT AGREEMENT

for
ABC

BETWEEN

DEF

TABLE OF CONTENTS

Clause Heading Page - ------ ------- ---- 1. Definition of Terms .................................................... 1

2. The Project ............................................................ 5

3. Construction of the Power Station ...................................... 6

4. Specifications and Operating Parameters ................................ 8

5. Construction Timetable ................................................. 8

6. Testing ................................................................ 9

7. Conditions Precedent ................................................... 10

8. Operation of the Power Station ......................................... 13

9. Supply of Fuel ......................................................... 14

10. Supply of Electricity .................................................. 15

11. Fees ................................................................... 15

12. Foreign Exchange ....................................................... 16

13. Insurance .............................................................. 17

14. Transfer of Ownership .................................................. 17

15. Liability .............................................................. 18

16. Force Majeure .......................................................... 19

17. Buyout ................................................................. 20

18. Change in Circumstances ................................................ 21

19. Benefit of Agreement ................................................... 22

20. Warranty ............................................................... 22

21. Notices ................................................................ 23

22. Dispute Resolution ..................................................... 23

23. Law .................................................................... 23

24. Jurisdiction

25 Terms and conditions