Participation: Difference between revisions
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imported>Doug Williamson (Create the page. Source: Practical Law: http://uk.practicallaw.com/1-107-7333?service=finance) |
imported>Doug Williamson (Expand to incorporate Novation and Assignment. Source: ACT CFF 5.3.1 Documentation page 16.) |
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''Bank lending'' | |||
'''1.''' | |||
The same as [[sub-participation]]. | |||
'''2.''' | |||
A lender's interest in part of a loan investment acquired by way of [[novation]], [[assignment]] or sub-participation, rather than by advancing money directly to the borrower. | |||
[[Category:Bank_Lending]] | [[Category:Bank_Lending]] | ||
Revision as of 17:21, 8 November 2013
Bank lending
1.
The same as sub-participation.
2.
A lender's interest in part of a loan investment acquired by way of novation, assignment or sub-participation, rather than by advancing money directly to the borrower.
