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Project finance — Checklist for accounts agreement

Introductory note:
In the finance documents for a project finance transaction, the parties must address:
  the types of project accounts that are required;
  the cash flow waterfall; and
  the relationship between the project company, the lenders and the account bank.
Key provisions in the accounts agreement (or other relevant document) typically includes provisions that address the matters referred to here as well as other related matters/issues.