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A vital problem in non-recourse financing is whether or not circumstances might arise by which the lenders have recourse to some or every one of the shareholders’ property. A deliberate breach within the A part of the shareholders may perhaps provide the lender recourse to property.
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Project finance for BOT projects usually features a Distinctive reason motor vehicle (SPV). The corporation’s sole action is carrying out the project by subcontracting most aspects through construction and functions his explanation contracts.
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