Primary Security Package
| Security Item | Description |
|---|---|
| Project Assets | Fixed and movable project assets |
| Project Revenues | Assignment of receivables and cashflows |
| Project Accounts | Controlled account structure |
| Insurance Proceeds | Assignment in favor of lenders |
| Sponsor Support | Completion and support undertakings |
Reserve Accounts
- Debt Service Reserve Account (DSRA)
- Maintenance Reserve Account
- Operating Reserve Account
- Distribution Account
Lender Protections
- Minimum DSCR 1.30x
- Cash Sweep Mechanism
- Dividend Lock-Up Events
- Quarterly Reporting Requirements
- Insurance Coverage Requirements
- Step-In Rights under Financing Documents