Originally Posted by Frozen Fireball 
Looks like Dark Souls is getting influential.
Except you have respawns in Dark Souls, but I don't think you have it in this game as changes made previously are permanant (like in M&B). In Mount and Blade (Warband), if you are beaten in a battle, you are taken prisoner and you lose your money. You then escape and continue with your stats and skills and the world around was active and dynamic while you were in prison (i.e. the magic ingredient in these rare games 'time' continues to tick!). This means that you have to look for your companions and make your army again once escaped from prison.