2. In this Memorandum of Understating, unless the context otherwise requires: "Facilities" means the buildings and other facilities together with all supporting infrastructure, plant and equipment which accede to the Project Site, as required to enable the Private Party to exercise its rights and perform its obligations included in the Project Deliverables; "GoB" means the Government of the Republic of Botswana; "Lease Agreement" means the Lease Agreement in respect of Plot 54385 in the Central Business District of Gaborone entered into between the GoB and SADC; "Member States" means the members of SADC, or where the context indicates any one or more of them; "MoU" means this memorandum of understanding and includes all annexures or schedules hereto; "Party" means each of the signatories to this MoU all being Member States, and "Parties" has a corresponding meaning; "PPP Agreement" means the proposed public private partnership agreement for the Project; "Private Party" means the preferred bidder in the Project procurement process, once the PPP Agreement has been signed by the parties thereto; "Project" means the provision by the private party of the project deliverables to SADC including, inter alia: (a) carrying out the Works in respect of the facilities; (b) undertaking relocation; and (c) providing the services at the facilities; each pursuant to and in accordance with the provisions of the PPP Agreement where: "Works" means the design, construction, fitting out, installation and commissioning works to be undertaken by the private party in respect of the facilities and the facilities assets, to enable it to meet the design and construction specifications and performance standards, as may be subsequently amended in accordance with the PPP Agreement; 3