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A sponsor (the entity necessitating finance to fund projects) can elect to finance a different project utilizing two alternate options:

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That's why, In case the borrower contains a credit card debt default, the credit card debt-issuer has the proper to seize the assets of your said SPV. Nonetheless, they don't have the correct to any further assets that aren't Component of the SPV, even when the liquidating property in the SPV are not ample to go over the value owed on account of default.

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