Common use of Limited Recourse Obligations Clause in Contracts

Limited Recourse Obligations. The Class A-L Loans and all obligations of the Borrower under this Agreement are at all times limited-recourse obligations of the Borrower. The Class A-L Loans are payable solely from the Assets and other assets pledged by the Borrower to secure the Debt. Upon realization of the Assets and such other assets and the application of the proceeds thereof in accordance with the Indenture, any outstanding obligations of the Borrower hereunder shall be extinguished and shall not thereafter revive. None of the Collateral Trustee, the Collateral Manager, the Loan Agent, any of their respective affiliates, security holders (including shareholders), members, partners, officers, directors or employees, or the security holders (including shareholders), members, partners, officers, directors, employees or incorporators of the Borrower or any other person or entity will be obligated to make payments on the Class A-L Loans. Consequently, the Class A-L Lenders must rely solely on amounts received in respect of the Assets and other assets pledged to secure the Debt for the payment of principal thereof and interest thereon. This section shall survive the termination of this Agreement.

Limited Recourse Obligations. The Notwithstanding any other provision of this Agreement, the Class A-L Loans and all obligations of the Borrower under this Agreement are from time to time and at all times any time limited-recourse obligations of the Borrower. The Class A-L Loans are Borrower payable solely from the Assets and other assets available at such time pledged by the Borrower to secure the Debt. Upon Debt and upon realization of the Assets and such other assets and the application of the proceeds thereof in accordance with the Indenture, any outstanding obligations of the Borrower hereunder shall be extinguished and shall not thereafter revive. None of the Collateral TrusteeManager, the Collateral ManagerTrustee, the Loan Agent, any of their respective affiliates, security holders (including shareholders), members, partners, officers, directors or employees, or the security holders (including shareholders), members, partners, officers, directors, employees or incorporators of the Borrower Borrower, or any other person or entity will be obligated to make payments on the Class A-L Loans. Consequently, the Class A-L Lenders must rely solely on amounts received in respect of the Assets and other assets pledged to secure the Debt for the payment of principal thereof and interest thereon. This section shall survive the termination of this Agreement.

Limited Recourse Obligations. The Class A-L L1 Loans and all obligations of the Borrower under this Agreement are at all times limited-recourse obligations of the Borrower. The Class A-L L1 Loans are payable solely from the Assets and other assets pledged by the Borrower to secure under the DebtIndenture. Upon realization of the Assets and such other assets and the application of the proceeds thereof in accordance with the Indenture, any outstanding obligations of the Borrower hereunder shall be extinguished and shall not thereafter revive. None of the Collateral TrusteeManager, the Collateral ManagerTrustee, the Loan Agent, any of their respective affiliates, security holders (including shareholders), members, partners, officers, directors or employees, or the security holders (including shareholders), members, partners, officers, directors, employees or incorporators of the Borrower Borrower, or any other person or entity will be obligated to make payments on the Class A-L L1 Loans. Consequently, the Class A-L L1 Lenders must rely solely on amounts received in respect of the Assets and other assets pledged to secure under the Debt Indenture for the payment of principal thereof and interest thereon. This section shall survive the termination of this Agreement.

Limited Recourse Obligations. The Notwithstanding any other provision of this Agreement, the Class A-L L-A Loans and all obligations of the Borrower under this Agreement are from time to time and at all times any time limited-recourse obligations of the Borrower. The Class A-L Loans are Borrower payable solely from the Assets and other assets available at such time pledged by the Borrower to secure the Debt. Upon Debt and upon realization of the Assets and such other assets and the application of the proceeds thereof in accordance with the Indenture, any outstanding obligations of the Borrower hereunder shall be extinguished and shall not thereafter revive. None of the Collateral TrusteeManager, the Collateral ManagerTrustee, the Loan Agent, any of their respective affiliates, security holders (including shareholders), members, partners, officers, directors or employees, or the security holders (including shareholders), members, partners, officers, directors, employees or incorporators of the Borrower Borrower, or any other person or entity will be obligated to make payments on the Class A-L L-A Loans. Consequently, the Class A-L L-A Lenders must rely solely on amounts received in respect of the Assets and other assets pledged to secure the Debt for the payment of principal thereof and interest thereon. This section shall survive the termination of this Agreement.. Section 7.12

Limited Recourse Obligations. The Notwithstanding any other provision of this Agreement, the Class A-L L-B Loans and all obligations of the Borrower under this Agreement are from time to time and at all times any time limited-recourse obligations of the Borrower. The Class A-L Loans are Borrower payable solely from the Assets and other assets available at such time pledged by the Borrower to secure the Debt. Upon Debt and upon realization of the Assets and such other assets and the application of the proceeds thereof in accordance with the Indenture, any outstanding obligations of the Borrower hereunder shall be extinguished and shall not thereafter revive. None of the Collateral TrusteeManager, the Collateral ManagerTrustee, the Loan Agent, any of their respective affiliates, security holders (including shareholders), members, partners, officers, directors or employees, or the security holders (including shareholders), members, partners, officers, directors, employees or incorporators of the Borrower Borrower, or any other person or entity will be obligated to make payments on the Class A-L L-B Loans. Consequently, the Class A-L L-B Lenders must rely solely on amounts received in respect of the Assets and other assets pledged to secure the Debt for the payment of principal thereof and interest thereon. This section shall survive the termination of this Agreement.. Section 7.12

Limited Recourse Obligations. The Notwithstanding any other provision of this Agreement, the Class A-L Loans and all obligations of the Borrower under this Agreement are from time to time and at all times any time limited-recourse obligations of the Borrower. The Class A-L Loans are Borrower payable solely from the Assets and other assets available at such time pledged by the Borrower to secure the Debt. Upon Debt and upon realization of the Assets and such other assets and the application of the proceeds thereof in accordance with the Indenture, any outstanding obligations of the Borrower hereunder shall be extinguished and shall not thereafter revive. None of the Collateral TrusteeManager, the Collateral ManagerTrustee, the Loan Agent, any of their respective affiliates, security holders (including shareholders), members, partners, officers, directors or employees, or the security holders (including shareholders), members, partners, officers, directors, employees or incorporators of the Borrower Borrower, or any other person or entity will be obligated to make payments on the Class A-L Loans. Consequently, the Class A-L Lenders must rely solely on amounts received in respect of the Assets and other assets pledged to secure the Debt for the payment of principal thereof and interest thereon. This section shall survive the termination of this Agreement.. Section 7.12