Limited recourse: Difference between revisions

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	Of a {{tag\|contract}}, that the [[obligor]]'s obligations under it are limited to a defined pool of assets. Usually the limitation of a claim in this way goes hand-in-hand with a security interest over the defined pool of assets.		Of a {{tag\|contract}}, that the [[obligor]]’s obligations under it are limited to a defined pool of assets. Usually the limitation of a claim in this way goes hand-in-hand with a security interest over the defined pool of assets.

	Security and limited recourse are fundamental structural aspects of contracts with [[Special purpose vehicle\|special purpose vehicles]] and [[investment fund]]s, so if you feel the urge to challenge these contracts, do yourself and everyone else on the deal a favour: save your breath.		Security and limited recourse are fundamental structural aspects of contracts with [[Special purpose vehicle\|special purpose vehicles]] and [[investment fund]]s, so if you feel the urge to challenge these contracts, do yourself and everyone else on the deal a favour: save your breath.