Page 26 - TERM SHEET - PROJECT FINANCE CONCEPTION - english
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Procedure for implementing the project financing concept:
„Paymaster contract“
The "Paymaster contract" is used for payment transactions. This refers to the loan funds to be paid out, their associated interest
payments, possible repayment instalments and other payment services, such as commissions, fees, etc. In addition, the
interested party can also use this "paymaster contract" for other areas that are related to the project.
The interested party has a maximum period of 8 calendar days to review the "main contract package" and the "supplementary
contracts". During this period, the interested party must make a decision to sign the contracts.
6 step: „Letter of Intent“ (LOI)
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If the interested party decides to sign the individual contracts, they announce this decision to our group of companies as part of a
"Letter of Intent" (LOI).
A corresponding form for the “LOI” is enclosed with the draft contracts.
