Document background
The Development Funding Agreement is essential for projects requiring structured financial support for development activities in the Netherlands. It is commonly used when a funding institution provides financial backing for various development projects, from real estate to technology initiatives. The agreement addresses key aspects such as funding mechanics, security arrangements, and project monitoring under Dutch law. It includes specific provisions required by Dutch financial regulations and civil code requirements, particularly regarding security interests and financial supervision. The document is crucial for protecting both the funder's interests and ensuring project deliverables, incorporating necessary compliance elements for Dutch and EU regulations. This type of agreement is particularly relevant in the current Dutch market where development projects often require sophisticated funding structures and clear risk allocation mechanisms.
