The loan remains current and has full recourse
to the borrower.
I applaud my colleagues for joining together and with the American people to stand against President Obama's attempt to deprive terror victims from receiving full recourse
under the law," Cruz said in a statement.
Fitch's analytical assumption under these criteria is that the structure of the Sukuk and the underlying transaction(s) provides for full recourse
to the originator - as with a conventional bond issue - and the Sukuk rating is driven solely by the originator's rating.
To the extent that a breach of certain SPE provision triggers full recourse
liability, such liability should only be triggered to the extent such breach results in the substantive consolidation of the liabilities and assets of a borrower with another person and such breach is cited by the court as a factor in such decision.
iii) a Full Recourse
Direct Risk Sharing Facility ( RSF ) of up to USD 10 million for the provision of long-term financing to private local MSMEs and
Nor do we think it materially undermines the full recourse
recovery framework for Spain's mortgage market.
We understand that there remains full recourse
The proceeds of this $61MM, 75% LTV, CMBS loan were used by the borrower for the refinance of full recourse
lines of credit that had been used to acquire, renovate and re-tenant 20 industrial properties, which comprised 2MM square feet.
MEDIATION is frequently favoured by parties involved in a dispute as a way of resolving their differences without full recourse
to the courts.
In non-recourse loans, some "bad boy" provisions have the effect of converting the non-recourse loan to a full recourse
loan such that the borrower becomes liable for the full amount of the loan.
That has left IROs, investors and developers with financing options limited to a handful of smaller banks requiring full recourse
provisions or a few Fannie Mae shops that have an interest in pursuing loans under $2 million.
Since the liquidity provider takes the first loss position and the reverse repos provide full recourse
to UniCredit, the probability of the liquidity provider sustaining a loss is directly linked to the credit quality of UniCredit, Fitch noted.