cashflow waterfall
cashflow waterfalls
Cash flow of a SPV from its underlying asset(s) used first for payment to the senior creditors and then to more junior creditors only when the priority claims of the more senior creditors are satisfied.
Cash flow of a SPV from its underlying asset(s) used first for payment to the senior creditors and then to more junior creditors only when the priority claims of the more senior creditors are satisfied.
