Examples of Limited Recourse Debt in a sentence
The Group Parent shall ensure that the aggregate principal amount of Financial Indebtedness (excluding Limited Recourse Debt and Non-Recourse Debt) incurred by members of the Resources Group which are not Obligors will not exceed at any time US$25,000,000 (or its equivalent in other currencies).
The technical problem effectively solved across the full breadth of claim 1 can indisputably be seen in the provision of a further cleaning composition comprising SBoF.
We would generally agree with the view expressed by Euan Campbell in "Division 974 and Limited Recourse Debt", Taxation Institute of Australia, Financial Services Conference, 2010, because it provides an independent operation of the requirements in paragraphs 974-20(1)(c) and 974-20(1)(d) in a manner consistent with the principles of interpretation summarised by McHugh, Gummow, Kirby and Hayne JJ.
For purposes of clarification the amounts used in the calculation of Asset Coverage Ratio as used herein shall exclude (i) Limited Recourse Debt; and (ii) all Rail Assets financed by Securitization Transactions and Limited Recourse Debt.
Limited Recourse Debt Property Council of AustraliaAugust 2012 SubmissionThe Property Council‟s concerns with Treasury‟s paper „Clarifying the definition of limited recourse debt‟ (the Proposal) are further detailed below.