Common Contracts

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DRAFT TERMINAL OPERATOR AGREEMENT IN RESPECT OF THE LNG TERMINAL AND REGASIFICATION FACILITY AT SOUTHDUNES IN THE PORT OF RICHARDS BAY between TRANSNET NATIONAL PORTS AUTHORITY, a division of TRANSNET SOC LTD (registration number 1990/000900/06) and...
November 27th, 2022
  • Filed
    November 27th, 2022

Note to Bidders: All Bidders and to note the provisions of clause 19.4 and 19.5 of the RFP and are reminded to submit “marked up” versions of the negotiable clauses of this Terminal Operator Agreement. As the Terminal Operator Agreement has been drafted in B general terms, TNPA reserves the right to amend or vary any of the terms of this Terminal Operator Agreement to ensure alignment with the preferred Bidders Business Case and the commercial risk allocation between the TNPA and the Preferred Bidder. Schedule 25 (Financiers Direct Agreement, will be negotiated and agreed between the TNPA, the Preferred Bidder and the Lenders of the Preferred Bidder should third party finance be provided to undertake the project. This Financiers Direct Finance Agreement and the negotiable clauses of the Terminal Operator Agreement will be revised to ensure consistency between Terminal Operator Agreement and the Financiers Direct Finance Agreement.

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