Financing delivery means that the project has signed construction financing, all financing documents have been submitted to the financing party, and Party B shall complete the financing delivery. Within seven working days after the completion of financing delivery, Party B shall confirm the completion of financing delivery in writing to Party A, and other documents reasonably required by Party A to prove that financing delivery has been realized. It should be noted that delivery and financing are two independent terms.

1. What do you mean by delivery?

Delivery refers to the mutual delivery of goods (vouchers) and payment by buyers and sellers after the futures expire (or after securities trading). At this point, one party has completed all transactions. Delivery is divided into "spot delivery" and "cash delivery".

2. What are the classifications of delivery?

There are three main types of delivery: spot delivery, cash delivery and default delivery.

1. Spot delivery:

After the first notice of the futures contract has passed, the seller can submit a "Notice of Demand for Delivery" through the commission agent, which will specify the number of contracts and the delivery method (time, place, etc.) selected by the seller. ). The brokerage firm that receives the delivery notice will notify the clearing house, and the clearing house will find the buyer as the delivery partner. Once the buyer receives the delivery notice, he must fulfill the delivery obligation. The seller must give the buyer the inventory receipt of the designated warehouse or its agent that stores the delivered goods. After receiving the receipt, the buyer must immediately hand over the payment to the seller, that is, complete the delivery procedures, that is, complete the transfer of ownership of the goods.

2. Cash delivery:

As far as some futures contracts are concerned, there are no physical or actual financial instruments to be exchanged in the delivery procedure, such as stock index, Eurodollar, etc. If the investor has not closed his position on the last trading day, the cash settlement shall be made according to the difference between the spot price and the settlement price on the last trading day. Securities transactions are mostly cash delivery.

3. Default delivery:

After buying the stock, but the deduction is unsuccessful, or after selling the stock, but the stock is not given. If the delivery is in breach of contract, if the circumstances are serious, it may face civil, criminal and administrative responsibilities at the same time.