Stephanie Harvey
Partner
Vidéos
Publié12 janvier 2023
Designing a solid security package: Limited recourse and limited amount guarantees
In this video, we're going to address a topic we often receive questions about from our lender clients: namely, the strategic use of limited recourse guarantees and limited amount guarantees to secure the repayment of loans.
9
minutes de lecture
My name is Stephanie Harvey and I am a corporate/commercial lending lawyer with Gowling WLG. You are watching video one of our 'Types of Security' video series. As the name suggests, each video in this series will discuss different security that a lender should consider when putting its security package together.
Now we're going to address a topic we often receive questions about from our lender clients: namely, the strategic use of limited recourse guarantees and limited amount guarantees to secure the repayment of loans.
In this video we discuss:
- The nature of guarantees
- Unlimited and unconditional guarantees
- The need for special guarantees
- Uses for limited recourse and limited amount guarantees
Watch more videos | Go to our lending resource hub
How we can help
If you have any specific questions about the points discussed or it's specific application, please reach out to our Banking & Finance Group or Stephanie Harvey.
About the series
Bankers often require security to be executed on loan transactions, but may not understand what it is, or how to identify complicating factors. This series will survey common security documents, and work through associated issues a financial professional may encounter in this space, including: guarantees, security agreements, mortgages, assignment of rents, assignment of insurance, share pledge agreements, and security agreements over intellectual property, among others.
Would you like to discuss these or other issues related to protecting and maximizing your intangible assets? We're all about being connected. Get in touch with your trusted Gowling WLG IP adviser here.
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