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Why might a project equity sponsor wish to include Liquidated Damages in the DBJV contract? a. Defer lifecycle risk exposure b. Pay senior lien debt
Why might a project equity sponsor wish to include Liquidated Damages in the DBJV contract?
a. Defer lifecycle risk exposure
b. Pay senior lien debt service in the event of project delay
c. Hold DBJV accountable for owner changes leading to contract default
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