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2 pts In which of the following circumstances would it be appropriate to include a standby equity facility clause in the main loan agreement? o

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2 pts In which of the following circumstances would it be appropriate to include a standby equity facility clause in the main loan agreement? o When the cost of the main operational equipment is difficult to forecast accurately O All of the other answers are correct o When the sponsors provide a loan repayment guarantee o When lenders have indicated that they are unwilling to contribute to the funding of cost overruns o When it is not possible to enter into a turnkey EPC contract

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