Common use of Ministerial Resolution No Clause in Contracts

Ministerial Resolution No. MEM/DM, which authorized The Contract has been negotiated, drafted, and executed in accordance with the internal laws of Peru; and its contents, performance, and other consequences originating therefrom shall be governed by said law. The execution of the Contract does not eliminate or affect the Concessionaire’s obligation to request, execute, and perform the Definitive Electrical Transmission Concession Contract, which the Concessionaire shall process with the Ministry of Energy and Mines. For such effects, the Concessionaire attach to its request a copy of the schedule and a copy of the Performance Bond in force, in accordance with the provisions established in Section 25, Paragraph 2 of the Electrical Concessions Act and Section 37-D of the Regulations on the Electrical Concessions Act. In the Contract: a) The terms beginning with a capital letter, whether used in the singular or the plural, have the meanings established in Annex 3. b) The terms beginning with a capital letter, whether used in the singular or the plural, which are not defined in Annex 3 or other sections of the Contract, shall have the meanings attributed to them in the Bidding Terms and Conditions or the Applicable Laws and Provision, or correspond to terms that are commonly capitalized. c) All reference made in the Contract to “clause,” “annex,” “point,” or “item” shall be understood as made to the clauses, annexes, points, or items of the Contract, unless expressly indicated otherwise. d) The titles have been included solely for effects of systematizing the presentation and shall not be considered a part of the Contract that limits or expands on its content, or for purposes of determining the Parties’ rights and obligations. e) Terms in the singular shall include the same terms in the plural and vice versa. Masculine terms shall include the feminine and vice versa.