Start learning 50% faster. Sign in now
Full recourse is not a key characteristic of project financing. In fact, project financing is typically structured as a limited or non-recourse loan, which means that the lender's recourse to the project sponsors is limited to the assets and cash flows of the project itself. Limited or non-recourse financing is a key feature of project financing because it helps to reduce the risk for the lender. In limited or non-recourse financing, the lender does not have access to the project sponsors' other assets in case of default, but instead can only recover its investment from the project assets and cash flows.
Statement:
I) No A is B
II) No B is C
III) Some D are C
IV) All D are E
Conclusion:
I) Some E are not D
II) Some A are C
III) No C is A
Statements: Some ractangle are envelope.
All envelope are square.
...
In the questions given below there are three statements followed by three conclusions I, II and III. You have to take the three given statements to be ...
Which of the following means K is grandmother in law of M?
How many children does Mr. Raman has?
I. Mr. Raman has eight sons and each has one sister.
II. Number of sons of Mr. Raman is eight times ...
In this question, after two statements I and II two conclusions have been given. Assuming the given in the statement together as truth, consider both th...
Statements:
All Pearl are Flower.
Some Bud are Pearl.
No Flower is a Stem.
Conclusions:
I. Some Bud are Flower is a p...