Although the Share owner being a professional investor & borrower they needs to state in writing with a 3rd party witness that the stock is not restricted, the Articles of Association have no restriction on the stock being secured and that they are able to meet any top ups with cash or other shares.​
 

Non-recourse financing means that in the event of a default, the share owner has the ability to walk away with no further obligation (Clause 4).​
 

The ABS facility allows the loan proceeds to be used for other business purposes. ​