BCS 0.00% 40.0¢ brisconnections unit trusts

yttrium- please respond, page-5

  1. 3,816 Posts.
    Blackrivered

    Here is the link and excerpt:

    http://www.asx.com.au/PDF/08-006UBS.pdf

    "
    1.2 Limited recourse Loan
    The Loan is a limited recourse facility whereby the
    recourse of UBS against the Holder is limited to the
    total amount received by UBS on disposal of the
    Underlying Parcel relating to the UBS SFI held by the Holder (whether by exercising a power of sale or
    otherwise). UBS will not take any action against the
    Holder in relation to the Loan to recover any amount
    beyond enforcing the Security Interest or otherwise in
    accordance with the Instalment Deed. This clause 1.2
    does not apply to a Holder’s liability to pay any TFN
    Amount to UBS."

    Look forward to seeing the link that says otherwise. I just want the truth.
 
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