There are also benefits for your users. Your Terms and Conditions of Sale make your users understand what you expect from them, what they cannot do with your site or service and how to handle certain situations such as arbitration and termination of their own accounts. Concession instruments are project financing documents prepared by and between the project company and the public body that has the authority to award and approve the project. Concession deeds grant the project company the use of a public asset such as land, road or bridge for a certain period of time, under certain conditions. In the absence of an agreement with the Terms and Conditions, your rules and requirements will not be published and made available to your users. This means that your users can use your „outlaw“ platform. To make your GTC agreement applicable, put an unchecked control box next to a link to your agreement and a statement that says something like „By activating this checkbox, you agree to be bound by our Terms and Conditions“. The project financing documents that define the terms of credit in project financing and govern the relationship between the lenders and the project company are the loan agreement. Since project financing always involves the construction of the project, loan agreements include construction financing conditions that define how the loan can be used on the basis of the progress of the work, the calculation and taxation of interest and royalties on the basis of the outstanding loans and the usual provisions of a business credit agreement or mortgage. Tripartite documents are project financing documents, usually required by project lenders to establish a direct relationship with themselves and with the counterparties to the contract.
Tripartite acts are sometimes referred to as acts of approval, direct agreements or ancillary agreements. An agreement with general conditions of sale is not mandatory by law. One of them, however, has a number of important benefits for you and your users/customers. This practice note examines the first category of records, financial records. It explains what they are and some of the keywords in them. Project financing documents shall contain an interconnection agreement where the project financing concerns a consortium or consortium of lenders. An interconnection agreement is an agreement entered into by and between project lenders that provide financing to the project company. It regulates the conditions and common relations between lenders with regard to the borrower`s obligations.
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