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Should the project will not be profitable, then all of the remaining assets and cash flows can function a supply of repayment for the many creditors (old and new) with the blended entity (existing company additionally new project).
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Hence, if the borrower incorporates a debt default, the credit card debt-issuer has the proper to seize the assets in the stated SPV. Even so, they don't have the best to any even further property that are not Element of the SPV, even if the liquidating belongings with the SPV will not be enough to address the worth owed due to default.
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