@Corgi I read it as the JV has to contribute 7.6M. It makes more sense as according to the CR presentation, our 12 months working budget is around 25M. 7.6M is 30% of that.
Let's hope that the JV partner refuses to contribute so we can immediately go up to 85% ownership.
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firstmac mortgage funding trust no. 4 series 1-2020
Ann: General Security Agreement, page-293
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