- project finance waterfall provision
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USAA discussion of how funds are applied in a typical project finance.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
project finance waterfall provision
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waterfall provision — USA waterfall provision; waterfall Priority based formula for the determination of distributions or allocations between or among equity or debt holders. For an example of a waterfall provision in project finance transactions, see Project Finance… … Law dictionary
waterfall — USA waterfall provision; waterfall Priority based formula for the determination of distributions or allocations between or among equity or debt holders. For an example of a waterfall provision in project finance transactions, see Project Finance… … Law dictionary
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