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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

This document is a property of the Midstream and Downstream Gas Infrastructure Fund. All rights reserved.
4.3
Attachment 3: Format for Declaration of Change of Information
[Date]
We, the undersigned, hereby declare that we shall inform MDGIF immediately and in
writing, setting out all relevant details, about any material change in the information
provided in this Proposal, including but not limited to:
i.
Any change of name due to merger, acquisition or otherwise;
ii.
Any change of address;
iii.
Any litigation, including but not limited to any proceedings of any regulatory body,
against the member;
iv.
Any 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;
v.
Any bankruptcy, insolvency, liquidation, scheme of arrangement with creditors or
debtors or any other adverse financial event whatsoever involving the member;
vi.
Any taxes, charges, pension contributions, or social security contributions due
under the Laws of Nigeria that have gone unpaid except those which are being
contested in good faith by appropriate legal proceedings and for which adequate
reserves have been established.
vii.
The most recent financial statements or financial standing of the firm; and
viii.
Any assignment of major assets by the firm or other financial impropriety committed
or suffered by the firm during the last 2 years.
Yours Sincerely,

______________________________
Name/Signature:
MD/CEO /Director 1
__________________________
Name/Signature:
Company Secretary /Director