Question one
The project financing through arrangement is where a company with adequate asset and liability structure makes an obligation to secure the parent company if it goes bankrupt. That is it is a legal entity usually a limited partnership created to meet specific objectives. Moreover, such projects are used to isolate companies from financial risks.
Question two
Take or pay are written contracts where one party is obligated to either deliver the goods or pay some specific amounts. Therefore, it is used in certain contracts as a means of ensuring that transactions occur. In this case, Matt Ryan entered into a contract ...