Provisions to be used with a real estate finance facility agreement, providing for the borrower to pay an exit fee or profit share to the lender if certain events occur. The fee is calculated by reference to the sale proceeds or latest valuation of the property after deducting the acquisition and development costs. This type of arrangement may also be referred to as a profit participation.

These standard clauses include integrated drafting notes that highlight some legal, negotiating and practical issues. For important general information about this document and drafting assumptions, see Drafting note, About this document.