Nonrecourse provisions definition

Nonrecourse provisions means 1 or more of the provisions described in subdivision (b)(i) to (v), whether or not the loan is subject to a nonrecourse carveout or carveouts.
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Nonrecourse provisions means one or more of the provisions described in divisions (B)(1) to (5) of this section, whether or not the loan is subject to a nonrecourse carveout or carveouts.
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Nonrecourse provisions means one or more of the provisions described in
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Examples of Nonrecourse provisions in a sentence

  • Nonrecourse provisions, prepaid designations, collect designations, and related terms on bills of lading shall not be given effect; Company shall be entitled, at all times, to seek payment form the Shipper, Consignee, and customer.

  • Nonrecourse provisions" means 1 or more of the provisions described in subdivision (b)( i) to (v), whether or not the loan is subject to a nonrecourse carveout or carveouts.

  • The IAA remitted the decision of the Department in 28 per cent of cases in 2015–16 and in only 16 per cent of cases in 2016–17.110 This is a relative low rate of remittal.

  • Non-recourse provisions at CCPs today generally limit clearing members’ recoveries to assets at the CCP.

  • Nonrecourse provisions on bills of lading shall not be given effect.

Related to Nonrecourse provisions

  • Nonrecourse Indebtedness means, with respect to a Person, an Extension of Credit or other Indebtedness in respect of which recourse for payment (except for customary exceptions for fraud, misapplication of funds, environmental indemnities, and other similar customary exceptions to recourse liability) is contractually limited to specific assets of such Person encumbered by a Lien securing such Extension of Credit or other Indebtedness.