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okay module 6 of take agreements we only have a single revenue stream of course in our project and so we need to have a look at where that revenue comes from now the first type of type of off-take agreement that we may have is a concession agreement these are usually fairly straightforward when youre dealing with a government agency on infrastructure it is usually type 1 project finance cost plus project finance so from a commercial analysis point of view its fairly straightforward and simple once we know what our financial costs are and our operational costs is cost passed through revenue covers the cost by definition the the key ingredient i think in a concession agreement is the termination rights if there is fault on the part of the special purpose vehicle what are the rights of the government agency in many countries in the world the government agency has the right to terminate the concession and then there is compensation the bankers typically would receive their loan repaid th
