What is a materiality test and why is the definition of materiality so important for project sponsors?

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What is a "materiality test" and why is the definition of materiality so important for project sponsors?

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Project Finance in Theory and Practice

ISBN: 978-0123919465

2nd edition

Authors: Stefano Gatti

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Question Posted: Apr 05, 2016 05:23 AM

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What is a materiality test and why is the definition of materiality so important for project sponsors?

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The credit agreement includes a detailed set of events of default However creditors can ...View the full answer

Project Finance in Theory and Practice

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