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The lender will make recoveries only against the asset and hard cash flows on the SPV. Consequently, they have to be doubly certain of the long run prospective customers and soundness with the functioning options. All these checks are time-consuming and high priced. Of course, the SPV and its sponsors must bear the brunt of the excruciating process.

Room and time: check with the review in the mathematical dimension of time and the a few Proportions of Place into one particular four-dimensional manifold.

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