Every quarterly payment run
Read directly from the payment engine on chain| Quarter | Receipts | Escrow interest | Coupon | Running costs | Chelsea share | Principal | To Nicholson | Outstanding before |
|---|
Trustee escrow
| # | Amount | Due to Chelsea | Status |
|---|
Terms enforced on chain
Order of payment each quarter: coupon and running costs, then Chelsea's 50% of cumulative profit (only once it is positive), then principal, then Nicholson.