" 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.
BCS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held