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This can be the agreement amongst the leading creditors in connection with the project financing. The principle creditors often enter in the Intercreditor Agreement to manipulate the common phrases and interactions Among the many lenders in regard in the borrower’s obligations.

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Simply because there is limited or no recourse into the project’s sponsors, company shareholders are generally liable up towards the extent in their shareholdings. The project stays off-balance-sheet for the sponsors and for the government.

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