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Given the current bankability status of PPAs, it is important to secure a loan for the projects which is guaranteed by a charge on specific assets or on the revenues generated from a specific project or assets.
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The Non-Recourse Loan Agreement Sample provides an overview of the basics of a Non-Recourse Loan. Tax Implications and Non-Recourse Debt F. A loan agreement not only details the terms of the loan, but it also serves as proof that the money, goods, or services were not a gift to the borrower.
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