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2018-06-27 SM - Attachment 2 to Item 1 - Draft Funding Deed
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This deed may be signed in any number of counterparts and by the parties on separate counterparts.
Each counterpart constitutes the deed of each party who has executed and delivered that
counterpart.
16.11 Expenses
Except as otherwise provided in this deed, each party must pay its own costs and expenses in
connection with negotiating, preparing, executing and performing this deed.
16.12 Continuing obligation
Each indemnity in this deed is a continuing obligation, separate and independent from the other
obligations of the parties, and survives termination, completion or expiration of this deed.
16.13 Governing law
This deed is governed by and will be construed according to the law applying in Queensland.
16.14 Jurisdiction
Each party irrevocably:
(a) submits to the non-exclusive jurisdiction of the courts of Queensland, and the courts competent
to determine appeals from those courts, with respect to any proceedings that may be brought
at any time relating to this deed; and
(b) waives any objection it may now or in the future have to the venue of any proceedings, and
any claim it may now or in the future have that any proceedings have been brought in an
inconvenient forum, if that venue falls within clause 16.14(a).
16.15 Unavoidable delay
A party will not be entitled to exercise its rights and remedies upon the default of a party (whether at
common law or pursuant to this deed) if that default:
(a) is caused by Force Majeure; and
(b) continues for less than 7 days.
16.16 No fettering
Nothing contained in this deed will fetter, act as an estoppel or as an agreement about the exercise of
discretion or the making of a decision or subordinate legislation under any law by the State of
Queensland and its Representatives.
17. Definitions and interpretation
17.1 Definitions
In this deed:
Acquisition Costs has the meaning set out in the Background.
HQP/DAF Agreement means the agreement between HQP and DAF as contemplated in the
Background.
Bank Account means the account referred to in clause 4.2(a).
Business Day means a day that is not a Saturday, Sunday or a public holiday in Brisbane.
Commencement Date means the commencement date specified in Schedule 1.
Conflict of Interest means having an interest (whether personal, financial or otherwise) which
conflicts or which may reasonably be perceived as conflicting with a Contributor’s ability to perform its
obligations under this deed fairly, objectively and independently.
Conservation Park has the meaning set out in the Nature Conservation Act 1992 (Qld)..
Contact means the contact person for each party specified in Item 1 of Schedule 1.
Contact Officer means the contact person for each party specified in Item 1 of Schedule 1.
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