Jv agreement6 Jun 2023 19:49
(c) Final Phase. During the Final Phase, the Partnership will be wound up and this Agreement terminated. The Partners will replace their obligations hereunder, as necessary, with a shareholders' agreement governing certain aspects of their voting in the JVCo.
4. Key issues relating to the Bolivian Pilot Plant Phase. In addition to the terms set forth in this Agreement governing the rights, duties and obligations of the Partners, during the Bolivian Pilot Plant Phase, the Partners will have the following additional rights duties and obligations:
(a) Commencing with the conclusion of the Initial Phase, NCX shall commence the definition and implement with the Partnership a Bolivian Pilot Plant program designed to set up the Bolivian Pilot Plant in Bolivia. The Partnership will be responsible for the cost of any adaptations required as well as the cost of deployment of the Pilot Plant in Bolivia. NCX shall own and manage the iTDE System funded by the Partnership under separate agreement (as per Article 3 below) and the functional IP of the Plant will remain under the control of NCX exclusively. NCX shall continue to own the key extraction units of the plant (anticipated to be EX42 units).
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Does anybody know what the EX42 stands for ? Is it the model /size of unit or the number of units ..I.e 42