Examples of Nonrecourse provisions in a sentence
Nonrecourse provisions, prepaid designations, collect designations, and related terms on bills of lading shall not be given effect; Company shall be entitled, at all times, to seek payment form the Shipper, Consignee, and customer.
Nonrecourse provisions" means 1 or more of the provisions described in subdivision (b)( i) to (v), whether or not the loan is subject to a nonrecourse carveout or carveouts.
The IAA remitted the decision of the Department in 28 per cent of cases in 2015–16 and in only 16 per cent of cases in 2016–17.110 This is a relative low rate of remittal.
Non-recourse provisions at CCPs today generally limit clearing members’ recoveries to assets at the CCP.
Nonrecourse provisions on bills of lading shall not be given effect.