Common use of No Recourse to Affiliates Clause in Contracts

No Recourse to Affiliates. Any obligations created herein shall be the sole obligations of the Guarantor, unless and to the extent that such obligations are assigned or delegated by the Guarantor pursuant to Section 6. The Guaranteed Party shall not have recourse to any subsidiary, partner, joint venturer, affiliate, director or officer of the Guarantor (or of any Person to whom the Guarantor's obligations hereunder are assigned or delegated pursuant to Section 6) for the performance of such obligations unless the obligations are assumed in writing by the Person against whom recourse is sought.

Appears in 2 contracts

Samples: Trust Indenture (Mobile Energy Services Co LLC), Intercreditor and Collateral Agency Agreement (Mobile Energy Services Co LLC)

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No Recourse to Affiliates. Any obligations created herein shall be the sole obligations solely of the Guarantor, unless and to the extent that such obligations are assigned or delegated by the Guarantor pursuant to Section 64.1. The Guaranteed Party Beneficiary shall not have recourse to any subsidiary, partner, joint venturer, affiliate, director or officer of the Guarantor (or of any Person to whom the Guarantor's obligations hereunder are assigned or delegated pursuant to Section 6) for the performance of such said obligations unless the obligations are assumed in writing by the Person against whom recourse is sought.

Appears in 2 contracts

Samples: Participation Agreement (Mirant Mid Atlantic LLC), Participation Agreement (Mirant Mid Atlantic LLC)

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