Describe the following and explain their importance in project finance: I. Contractor’s bond

Please answer the following questions in the form of a short essay: a. Describe the following and explain their importance in project finance: I. Contractor’s bond II. Representations and warranties III. Events of default IV. Reserve accounts b. What are the advantages and disadvantages of loan covenants? c. “Project finance covenants are not particularly important for the successes of projects”. Discuss d. Of what special significance in project finance are Security agreements?