{"investor_group_id":"1","date_received":"2025-12-20","question_original":"Are there step-in rights or protective clauses allowing investors to replace the developer in a severe underperformance scenario?","internal_owner_id":"5","draft_answer":"The documentation is intended to include protective clauses allowing bondholders (acting through the security agent and majority decisions) to trigger enhanced controls, appointment of an independent project manager or, in extreme underperformance scenarios, replacement of the current developer. These mechanisms will be designed with legal counsel to ensure they are enforceable in practice while still allowing the developer to operate efficiently in normal conditions.","final_answer":"No. Leur rappeler qu'en cas de prob ils deviennent proprio des terrains","status":"Draft ready","priority":"Medium","version":"V1 2025\u201112\u201122","update_date":"2025-12-23","linked_faq_id":"9","notes":"no","updated_at":"2026-01-05 15:40:40"}