Model Project Development Agreement Page 74
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88(D)
made all investigations and inspections that it deems necessary to
perform its obligations hereunder;
26.2.10 it, its employees, representatives, agents, advisers, consultants, experts, Contractors or
sub-contractors have not committed and will not commit any Prohibited Act in relation
to the Project; and
26.2.11 the Plans are fully compliant with the Laws of Nepal and Key Guidelines.
No untrue statements or omissions
26.3
Each Party to this Agreement represents and warrants to the other Party that no written
information supplied by it or on its behalf to the other Party relating to the Project or to any
transactions contemplated by this Agreement contains any untrue statement or omission in
relation to a material fact or the Laws of Nepal.
27.
ETHICAL STANDARDS / ANTI-CORRUPTION
The Company shall not, and shall procure that its employees, representatives, agents,
advisers, consultants, experts, Contractors or sub-contractors shall not, commit a Prohibited
Act.
28.
EXPENSES OF THE PARTIES
Unless otherwise specified herein or as otherwise agreed between the Parties, all expenses
incurred by or on behalf of either the Company or the GON, including all fees and
expenses of agents, representatives, legal counsel, consultants, professional advisers and
accountants employed by such Party, in connection with the preparation of this Agreement
and the consummation of the transactions contemplated by this Agreement, shall be borne
solely by the Party who shall have incurred such expenses, and the other Party shall have
no liability in respect thereof.
29.
NOTICES
29.1.1
Any communication or document given, made or sent by either Party to the other Party
pursuant to this Agreement must be in writing and shall be deemed to have been duly
given, made or sent to the Party to which it is addressed at the time of its delivery by
mail, facsimile or delivery, at the following addresses;
GON
Address:
Ministry of Energy
Singha Durbar
Kathmandu
NEPAL
Facsimile No.
977-1-4211510
Address:
Department of Electricity Development
P.O.Box 2507
Bhakti Thapa Marg, Anamnagar
Kathmandu
NEPAL
Facsimile No.
977 1 227 537]
The Company
[Insert name]
68
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