Comparing the step in right in project finance model and traditional institution in civil law

The step-in right in project finance model is one of the most important right of the lenders, the basic question of this article is about this right and applying it. Despite the importance of the issue and the need to pay attention to it in research and legislation, it is not as explained as needed. In this article by studying the books, real contract’s and articles in analytical method concluded the step in right is not comparable to any type of the traditional institutions in civil law such as transferring the commitmenis one of the most important right of the lenders, the basic question of this article is about this right and applying it. Despite the importance of the issue and the need to pay attention to it in research and legislation, it is not as explained t, Guaranty. After debating on project finance and direct agreement comparing study has been applied.Keywords. Financing, step in right, direct agreement, transferring the commitment