Please read the following terms carefully before proceeding. By checking the box,
you acknowledge that you have read, understood, and agree to be bound by these conditions.
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The Funding Application Number is unique and will be utilized at various
stages. Please ensure its safekeeping.
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Please note that the due diligence process is carried out by
Foxhog. The cost for such due diligence is not borne by the Investee company
and is carried out as an internal and mandatory process for evaluation by Foxhog.
The issuance of sanction is contingent on positive evaluation and result of due diligence.
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For Physical Verification, Foxhog will deploy either our internal employee or a
third-party vendor, KPMG. If an agent is unavailable, an
Online Physical Verification Process (EKYC or VKYC) may be conducted.
In this scenario, it's essential that your registered address is accurately captured
in the real-time application provided by Foxhog.
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The credit line/limit or amount granted by Foxhog will be determined solely based on
the results of the verification process. This assessment will encompass your
Financial Evaluation, upcoming Market Analysis, and future prospects of your
product/service. The decision will be final, and there is no
room for negotiation during the final management meeting post-approval.
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Upon your agreement with the amount offered by Foxhog, we will issue a
Letter of Credit/Sanction Letter.
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Should your application be rejected by Foxhog, you will have the opportunity to
reapply for funding within the next 90 working days. Additionally,
there is a dropdown fees payable to Foxhog, in case of withdrawal of application
after issuance of Sanction. The quantum of the fees payable shall be decided
according to the stage of withdrawal. The same has been highlighted in the
legal & compliances related agreements as well.
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The investment process involves a multitude of documentation, legal papers,
compliance formalities, and documentation across countries. We request your
utmost cooperation throughout the documentation and compliance procedures.
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Foxhog will issue three key documents:
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Investment Agreement (to be executed on Court Stamp Paper)
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Term Sheet: To be signed and reported to the Ministry of
Corporate Affairs, Govt. of India
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Shareholders Agreement: To be signed by both parties
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There are mandate Govt. formalities including reporting to RBI, Approval from
Federal Govt. and other compliance and documentation requirements. The government
has its own charges for all approvals and documentation. Both parties will bear
the charges and fees associated with these approvals and documentation
(50% each - Foxhog & Applicant). You will be invoiced for
documents and compliance step by step, only once the application is approved.
The expenses should not exceed $900-$1500 (depending on the
Ticket Size) for the entire transaction and documentation process for each party.
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Foxhog's BLACKFOX REALTY FUND-I is a SEBI-registered fund, and
Foxhog does not charge any fee/hidden fee/consultancy charges. If you find anyone
using our name and asking for any money, please report to us at
legal.report@foxhogventures.com
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Any fees, charges, or amounts paid by the Parties towards government authorities,
statutory bodies, regulatory agencies, or third-party service providers under or
in connection with this Investment shall be strictly
non-negotiable and non-refundable, irrespective of the outcome,
termination, or completion of the transaction.
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If the Applicant withdraws their funding application at any stage, Foxhog will
not refund any fees or amounts already paid. Foxhog may also claim consultancy
or administrative fees for the work done up to the date of withdrawal.
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Following the committed amount transaction, Foxhog expects an
immediate share transaction.
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A Relationship Executive will be appointed by Foxhog post-transaction
to provide strategic assistance and reporting.