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Limited recourse: Difference between revisions
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===In a nutshell=== | ===In a nutshell=== | ||
[[Security]] and [[limited recourse]] are fundamental structural aspects of contracts with [[Special purpose vehicle]]s and [[investment fund]]s. They look significant but, in fact, aren’t. They are boilerplate. So, if you are feeling especially ornery, and have the urge to challenge these provisions, do yourself and everyone else on the deal a favour: don’t. In the immortal words of the East Enders: ''“Leave it Phil! Leave it! | [[Security]] and [[limited recourse]] are fundamental structural aspects of contracts with [[Special purpose vehicle]]s and [[investment fund]]s. They look significant but, in fact, aren’t. They are boilerplate. So, if you are feeling especially ornery, and have the urge to challenge these provisions, do yourself and everyone else on the deal a favour: don’t. In the immortal words of the East Enders: ''“Leave it Phil! Leave it! He’s not worth it.”'' | ||
===Limited recourse and [[investment fund]]s=== | ===Limited recourse and [[investment fund]]s=== | ||