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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. You see this a lot in [[repackaging]]s, [[securitisation]]s and other structured transactions involving [[ | Of a {{tag|contract}}, that the [[obligor]]’s obligations under it are limited to a defined pool of assets. You see this a lot in [[repackaging]]s, [[securitisation]]s and other structured transactions involving [[espievie]]s. | ||
Usually the limitation of a claim in this way goes hand-in-hand with a security interest over the 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. | ||