The Private Partner may have cash standing in certain bank accounts (e.g. its current account, debt service reserve account, maintenance reserve account or any collateral account into which e.g. bond proceeds are drawn). The Contracting Authority should consider how these cash balances should be treated and whether they should be set off against any compensation due to the party which ultimately receives such cash. Consideration also needs to be given to how to treat insurance proceeds (see Section 1.2.1.4) and any net payments the Private Partner might receive as a result of closing hedging arrangements early, as well as any outstanding claims against, or amounts owed to it by, its counterparties under the Project Agreements. See Section 4.7, Sample Drafting 4, Schedule, definition of "Outstanding Senior Debt".