With a nonrecourse loan
in place, the owners were looking to give the property back to the bank.
The nonrecourse loan
represented 80 percent of the total project cost.
The borrower received a nonrecourse loan
with a 10 year fixed rate and a 30 year amortization.
8 November 2017 - US-based nonrecourse loan
writer The Loan Companies has completed the purchase of Chicago, US pawnshop T.N.
The underlying theory, he said, would be that a nonrecourse loan
is similar to an option, so a call or put option exists at the inception of the transaction.
(46) This is why a funding advance is often referred to as a nonrecourse loan
. This configuration does not allow a plaintiff to roll over his debt.
Given that US sugar prices are currently near CCC loan rates and that some sugar nonrecourse loan
forfeitures have already occurred in 2014, it is possible that low US sugar prices will cause relatively large nonrecourse loan
forfeitures in the coming year.
Under permanent law, nonrecourse loan
rates for wheat, corn and other feed grains, and cotton function as farm price supports.
More than 84% of the financing for the Nettuno solar park has been secured via an 18-year nonrecourse loan
This example takes into account the income tax considerations if the employee loan is either a nonrecourse loan
(i.e., if Executive has no personal liability for the loan) or a recourse loan (i.e., if Executive has personal liability for the loan).
(6j) An obligation will be considered recourse to a partner to the extent that the partner or a related party makes (or acquires an interest in) a nonrecourse loan
to the partnership and the economic risk of loss for the liability is not borne by another partner.
Here an individual purchases a life insurance policy on his life using funds from a nonrecourse loan
obtained from outside investors.