Confined recourse lending was used to finance maritime voyages in ancient Greece and Rome. Its use in infrastructure projects dates to the event in the Panama Canal, and was common while in the US oil and fuel marketplace during the early 20th century.
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If a project enterprise has an off-acquire agreement, the supply deal will likely be structured to match the final terms with the off-acquire contract such as the duration with the deal, force majeure provisions, and many others.