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limited recourse


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11:00 Jul 1, 2009
This question was closed without grading. Reason: Answer found elsewhere

English to Finnish translations [PRO]
Bus/Financial - Finance (general) / Ohjelmaesite kultatodistusten liikkeellelaskemisesta
English term or phrase: limited recourse
All payments to be made by the Issuer under the Transaction Documents or the Conditions in respect of any Secured Obligations may only be satisfied by recourse to the sums received or recovered by or on behalf of the Issuer or the Trustee in respect of the Mortgaged Property (net as aforesaid).

The Secured Creditors (including the Certificateholders) will have no further recourse to the Issuer in respect thereof.
Eija Teppo



  

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