Common use of No Recourse Against Other Parties Clause in Contracts

No Recourse Against Other Parties. The obligations of the Purchaser under this Agreement are solely the corporate obligations of the Purchaser. No recourse shall be had for the payment of any amount owing by the Purchaser under this Agreement or for the payment by the Purchaser of any fee in respect hereof or any other obligation or claim of or against the Purchaser arising out of or based upon this Agreement, against Wachovia or against any employee, officer, director, incorporator or stockholder of the Purchaser. For purposes of this Section 14.14, the term "

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Cadmus Communications Corp/New), Receivables Purchase Agreement (Cadmus Communications Corp/New), Receivables Purchase Agreement (Cadmus Communications Corp/New)

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No Recourse Against Other Parties. The obligations of the Purchaser under this Agreement are solely the corporate obligations of the Purchaser. No recourse shall be had for the payment of any amount owing by the Purchaser under this Agreement or for the payment by the Purchaser of any fee in respect hereof or any other obligation or claim of or against the Purchaser arising out of or based upon this Agreement, against Wachovia or against any employee, officer, director, incorporator or stockholder of the Purchaser. For purposes of this Section 14.1414.15, the term "

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Lifestyle Furnishings International LTD), Receivables Purchase Agreement (Lennox International Inc), Receivables Purchase Agreement (Mascotech Inc)

No Recourse Against Other Parties. The obligations of the Purchaser under this Agreement are solely the corporate obligations of the Purchaser. No recourse shall be had for the payment of any amount owing by the Purchaser under this Agreement or for the payment by the Purchaser of any fee in respect hereof or any other obligation or claim of or against the Purchaser arising out of or based upon this Agreement, against Wachovia or against any employee, officer, director, incorporator or stockholder of the Purchaser. For purposes of this Section 14.14SECTION 14.15, the term "

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Lennox International Inc), Receivables Transfer Agreement (Georgia Gulf Corp /De/)

No Recourse Against Other Parties. The obligations of the Purchaser under this Agreement are solely the corporate obligations of the Purchaser. No recourse shall be had for the payment of any amount owing by the Purchaser under this Agreement in respect of any Purchase or for the payment by the Purchaser of any fee in respect hereof or any other obligation or claim of or against the Purchaser arising out of or based upon on this Agreement, against Wachovia or Agreement against any stockholder, employee, agent, affiliate, officer, director, director or incorporator or stockholder of the Purchaser. For purposes of this Section 14.14, the term ".

Appears in 1 contract

Samples: Receivables Purchase Agreement (Arvinmeritor Inc)

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No Recourse Against Other Parties. The obligations of the each Purchaser under this Agreement are solely the corporate obligations of the such Purchaser. No recourse shall be had for the payment of any amount owing by the any Purchaser under this Agreement or for the payment by the such Purchaser of any fee in respect hereof or any other obligation or claim of or against the such Purchaser arising out of or based upon this Agreement, against Scotiabank, Wachovia or against any employee, officer, director, incorporator or stockholder of the such Purchaser. For purposes of this Section 14.1414.15, the term "Wachovia" and "

Appears in 1 contract

Samples: Receivables Purchase Agreement (Lennox International Inc)

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