Performance Deviations

What happens if asset performance falls short?

Infrastructure cashflow reflects real-world operations and can vary over time.

If revenue is lower than projected, Token Holder distributions adjust in line with actual asset cashflow.

If a payment is late, the Recipient has 5 business days from the payment date to rectify before any penalty applies. After that, a penalty accrues at the lesser of 10% per 30 business days or the maximum permitted under applicable law.

If a payment remains unpaid beyond 30 business days, this constitutes a First Payment Default. The Recipient then has a further 60 business days following written notice from the Collateral Agent to cure the default before formal enforcement is triggered.

If a second payment is missed within any rolling 12-month period and remains unpaid beyond 30 business days, this constitutes an automatic Event of Default with no further notice or cure period required.

Where an Event of Default is triggered, investor protections such as collateral or guarantees may be exercised where available and legally enforceable.

Outcomes depend on asset performance, counterparty conduct, contractual terms, and jurisdiction.