Recourse Percentage
Recourse Percentage. With respect to each Purchased Asset, twenty-five percent (25%); provided, that notwithstanding the foregoing, if the Confirmation for any Purchased Asset expressly specifies a "Recourse Percentage" for such Purchased Asset, the Recourse Percentage for such Purchased Asset shall be the percentage so specified in such Confirmation.
All Definitions
Found in
RMR Mortgage Trust contract