Maria Rudzińska | In Principle

For many businesses, completion of a project and payout of the funding mark the symbolic end of the cofinancing process. But in practice completion of the project does not mean an end to the relationship with the financing institution. Some obligations continue after completion of the project, over the entire durability period and also after the end of the durability period. The significance of these obligations is most often revealed during an inspection or audit, a reorganisation of the enterprise, or an M&A transaction, when it turns out the project, although formally completed, must still comply with the contract.