Common use of No Recourse to Affiliates Clause in Contracts

No Recourse to Affiliates. Any obligations created herein shall be the sole obligations of SEI, unless and to the extent that such obligations are assigned or delegated by SEI pursuant to Section 10. The Lenders and the Agent shall not have recourse to any shareholder, subsidiary, partner, joint venturer, Affiliate, director or officer of SEI for the performance of such obligations unless the obligations are assumed in writing by the Person against whom recourse is sought.

Appears in 4 contracts

Samples: Credit Agreement (Mirant Corp), Credit Agreement (Mirant Americas Generating LLC), Credit Agreement (Mirant Americas Generating LLC)

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