Glossary / finance terms
Limited recourse
An arrangement restricting a creditor's claims to specified entities, assets or undertakings, subject to the documents and applicable law.
Why the distinction matters
Identify the actual borrower, guarantors, security and exceptions. A sponsor's brand or ownership percentage does not establish an obligation to fund the borrower.
Read the structure
How a strong customer contract supports a project without guaranteeing its bonds.
Hyperscaler lease-backed project bonds ↗For in-house counsel
Take it to the documents
The filed wording behind GPU and data centre financings, for either side of the table. Previews are open; the full text is free with InfraCompute Weekly.
- Financing clause libraryCash traps, coverage ratios, cures and step-in, from the filed deals.
- Contract libraryGPU contracts, leases, power, equity and JVs, quoted from filed contracts.
- Issues list builderBuild an issues list from the lender’s or the borrower’s side.
- The legal desk for in-house counselContract library, issues lists, checklists and English law notes.
Related terms
Explanatory definition, not a statement that a particular transaction contains this term or a substitute for its contractual definition.
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