Library / MDGIF Proposal Template and Format
MDGIF Proposal Template and Format

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Applicable to:  
• 
Project Promoters  
• 
MDGIF Equity Partners 
MDGIF PROPOSAL TEMPLATE AND FORMAT 
Code: MDGIF Guide – 2001 - 2024 
Effective Date: 17th May 2024 
 
 
 
15 
 
This document is a property of the Midstream and Downstream Gas Infrastructure Fund. All rights reserved. 
4.2 
Attachment 2: Format for Declaration of Good Standing  
Project Promoters shall provide a schedule, which outlines the items below.  If the 
Project Promoters is a Consortium, each member of such Consortium shall each 
provide this schedule, detailing:  
i. 
Any and all past or pending litigation prior to submission of the Proposal, 
including but not limited to any proceedings of any regulatory body, against 
the member (if any) including the outcome of such litigation;  
ii. 
Any pending litigation that could materially adversely affect the financial or 
other standing of the firm, or the ability of the firm to implement the project, 
including but not limited to any proceedings of any regulatory body, against 
any shareholder owning more than 10% of the member’s shares or director of 
the member, including the outcome of such litigation prior to the submission of 
the Proposal;  
iii. 
Any and all bankruptcies, insolvencies, liquidations, schemes of arrangement 
with creditors or debtors or any other adverse financial event whatsoever 
involving the member prior the submission of the Proposal, including the 
outcome of any such events;  
iv. 
Any and all taxes, charges, pension contributions, or social security 
contributions due under the Laws of Nigeria but unpaid except those which 
are being contested in good faith by appropriate legal proceedings and for 
which adequate reserves have been established; and  
v. 
Any and all public procurements under which the member has had an 
obligation to perform during 5 years prior to the submission of the Proposal.  
 
 
 
______________________________  
Name/Signature:  
MD/CEO  
                    __________________________  
                Name/Signature:  
                Company Secretary