Full Recourse. The purchase by Purchaser of Purchased Accounts from Seller shall be with full recourse against Seller. Seller shall be liable for any deficiency in the event the Obligations exceed the amount of Purchased Accounts and the other Collateral.
Appears in 8 contracts
Samples: Factoring Agreement (Primix), Export Import Bank Factoring Agreement, Domestic Factoring Agreement (Southwall Technologies Inc /De/)