Breach of contract and Special Purpose Entity: Difference between pages

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''Law.''
(SPE).  


Failing to perform any term of a contract, written or oral, without a legitimate legal excuse.
A legal entity established to facilitate restricted transactions or purposes for a particular sponsor or sponsors, often characterised by severely limited independence of decision making and a relatively small capital base.
 
 
An SPE used for a securitisation is known as a securitisation special purpose entity (SSPE).




== See also ==
== See also ==
* [[Breach]]
* [[Conduit]]
* [[Breach of covenant]]
* [[Entity]]
* [[Contract]]
* [[Securitisation]]
* [[Foreseeable loss]]
* [[SPAC]]
* [[Damages]]
* [[Special purpose vehicle]]
* [[Force majeure]]
* [[Sponsor]]
* [[Liquidated damages]]
* [[SSPE]]
* [[Rescission]]
* [[Repudiatory breach]]
* [[Injunction]]
* [[Specific performance]]
* [[Tort]]


[[Category:Compliance_and_audit]]
[[Category:Compliance_and_audit]]

Latest revision as of 15:17, 19 August 2021

(SPE).

A legal entity established to facilitate restricted transactions or purposes for a particular sponsor or sponsors, often characterised by severely limited independence of decision making and a relatively small capital base.


An SPE used for a securitisation is known as a securitisation special purpose entity (SSPE).


See also