Similarly, in Q4, we continue to expect to generate positive cash from operating cash flows net of capital expenditures, as well as the normal inflow of cash received from nonrecourse financing
activities on leased vehicles and solar products." 2.
Indovina Bank of Vietnam and RCBC of the Philippines will provide nonrecourse financing
for the Dak Lak and Khanh Hoa projects, respectively.
In the past, nonrecourse financing
vehicles have carried stiff prepayment penalties, making them unsuitable for short-term borrowers, said Franta.
An exchange (or modification) of an outstanding debt instrument for a nonrecourse debt instrument is not a potentially abusive situation solely by reason of the receipt of the nonrecourse financing
The contract has been signed to facilitate nonrecourse financing
and to develop, construct and own up to one GW of utility-scale solar photovoltaic projects in China over the next three years.
The venture will focus on facilitating nonrecourse financing
and developing up to 1GW of utility-scale PV projects in China over the next three years.
A regional bank provided nonrecourse financing
for the construction of a 59,582 square foot office building in Queens County, New York.
ABC, through the use of $800,000 in nonrecourse financing
and $200,000 in cash, purchased several horses as a part of this breeding program.
Of this amount, 75 percent is expected to be funded by nonrecourse financing
while the remaining 25 percent will be funded by equity.
Congress enacted the at-risk rules of section 465 as part of the 1976 Tax Reform Act, effective for years beginning in 1976, to limit a taxpayer's ability to use nonrecourse financing
to generate tax losses in excess of the taxpayer's economic risk.
Treasury Secretary Timothy Geithner's new public-private investment program to buy toxic assets has few takers, despite subsidized nonrecourse financing
, So the toxic assets remain on bank (and other) balance sheets.