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Project funding is a financial loan structure that relies primarily on the project's hard cash stream for repayment, With all the project's assets, legal rights, and pursuits held as secondary collateral.
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In case the Qualities market for less than the quantity owed, the financial establishment can pursue only the debtor With all the recourse financial loan. The debtor Along with the non-recourse financial loan cannot be pursued for almost any supplemental payment outside of the seizure of the asset.
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