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Common use of No Recourse Clause in Contracts

No Recourse. Without limiting the obligations of Seller hereunder, no recourse may be taken, directly or indirectly, under this Agreement or any certificate or other writing delivered in connection herewith or therewith, against any stockholder, officer or director, as such, of Seller, or of any predecessor or successor of Seller.

Appears in 257 contracts

Samples: Purchase Agreement (GM Financial Consumer Automobile Receivables Trust 2024-4), Purchase Agreement (GM Financial Consumer Automobile Receivables Trust 2024-4), Purchase Agreement (GM Financial Consumer Automobile Receivables Trust 2024-3)

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No Recourse. Without limiting the obligations of Seller hereunder, no recourse may be taken, directly or indirectly, under this Agreement or any certificate or other writing delivered in connection herewith or therewith, against any stockholder, officer officer, director or directormanager, as such, of Seller, or of any predecessor or successor of Seller.

Appears in 50 contracts

Samples: Purchase Agreement (Exeter Automobile Receivables Trust 2024-5), Purchase Agreement (Exeter Automobile Receivables Trust 2024-5), Purchase Agreement (Exeter Automobile Receivables Trust 2024-4)

No Recourse. Without limiting the obligations of Seller Sellers ----------- hereunder, no recourse may be taken, directly or indirectly, under this Agreement or any certificate or other writing delivered in connection herewith or therewith, against any stockholder, officer or director, as such, of SellerSellers, or of any predecessor or successor of SellerSellers.

Appears in 9 contracts

Samples: Purchase Agreement (Americredit Financial Services Inc), Purchase Agreement (Americredit Financial Services Inc), Purchase Agreement (Americredit Financial Services Inc)

No Recourse. Without limiting the obligations of Seller ----------- hereunder, no recourse may be taken, directly or indirectly, under this Agreement or any certificate or other writing delivered in connection herewith or therewith, against any stockholder, officer or director, as such, of Seller, or of any predecessor or successor of Seller.

Appears in 5 contracts

Samples: Purchase Agreement (Chevy Chase Bank FSB), Purchase Agreement (TFC Enterprises Inc), Transfer Agreement (Conseco Finance Corp)

No Recourse. Without limiting the obligations of Seller hereunderSellers hereunder and except to the extent otherwise provided in the Transaction Documents, no recourse may be taken, directly or indirectly, under this Agreement or any certificate or other writing delivered in connection herewith or therewith, against any stockholder, officer or director, as such, of SellerSellers, or of any predecessor or successor of SellerSellers.

Appears in 4 contracts

Samples: Master Receivables Purchase Agreement, Master Receivables Purchase Agreement (Americredit Corp), Master Receivables Purchase Agreement (Americredit Corp)

No Recourse. Without limiting the obligations of Seller hereunder, no recourse may be taken, directly or indirectly, under this Agreement or any certificate or other writing delivered in connection herewith or therewith, against any stockholder, officer or director, as such, of the Seller, or of any predecessor or successor of any of the Seller.

Appears in 3 contracts

Samples: Purchase Agreement (Prudential Securities Secured Financing Corp), Purchase Agreement (Prudential Securities Secured Financing Corp), Purchase Agreement (Prudential Securities Secured Financing Corp)

No Recourse. Without limiting the obligations of the Seller hereunder, no recourse may be taken, directly or indirectly, under this Agreement or any certificate or other writing delivered in connection herewith or therewith, against any stockholder, officer or director, as such, of SellerTriad, the Company or of any predecessor or successor of SellerTriad or the Company.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Asset Backed Securities Corp), Receivables Purchase Agreement (Triad Financial Corp)

No Recourse. Without limiting the obligations of the Seller hereunder, no recourse may be taken, directly or indirectly, under this Agreement or any certificate or other writing delivered in connection herewith or therewith, against any affiliate, employee, incorporator, stockholder, officer or director, as such, of the Seller, or any affiliate, employee, incorporator, stockholder, officer or director, as such, of any predecessor or successor of the Seller.

Appears in 2 contracts

Samples: Purchase Agreement (Asta Funding Inc), Purchase Agreement (Asta Funding Inc)

No Recourse. Without limiting the obligations of Seller Sellers hereunder, no recourse may be taken, directly or indirectly, under this Agreement or any certificate or other writing delivered in connection herewith or therewith, against any stockholder, officer or director, as such, of SellerSellers, or of any predecessor or successor of SellerSellers.

Appears in 2 contracts

Samples: Purchase Agreement (Americredit Financial Services Inc), Purchase Agreement (Americredit Financial Services Inc)

No Recourse. Without limiting the obligations of Seller hereunder, no recourse may be taken, directly or indirectly, under this Agreement or any certificate or other writing delivered in connection herewith or therewith, against any stockholder, officer or director, as such, of the Seller, or of any predecessor or successor of the Seller.

Appears in 2 contracts

Samples: Purchase Agreement (Prudential Securities Secured Financing Corp), Purchase Agreement (Prudential Securities Secured Financing Corp)

No Recourse. Without limiting the obligations of Seller Sellers hereunder, -------------- no recourse may be taken, directly or indirectly, under this Agreement or any certificate or other writing delivered in connection herewith or therewith, against any stockholder, officer or director, as such, of SellerSellers, or of any predecessor or successor of SellerSellers.

Appears in 1 contract

Samples: Master Receivables Purchase Agreement (Americredit Financial Services of Canada LTD)

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No Recourse. Without limiting the obligations of the Originator or the Seller hereunder, no recourse may be taken, directly or indirectly, under this Agreement or any certificate or other writing delivered in connection herewith or therewith, against any stockholder, officer or director, as such, of the Originator or the Seller, or of any predecessor or successor of the Originator or the Seller.

Appears in 1 contract

Samples: Purchase Agreement (Triad Automobile Receivables Trust 2002 A)

No Recourse. Without limiting the obligations of Seller ----------- Sellers hereunder, no recourse may be taken, directly or indirectly, under this Agreement or any certificate or other writing delivered in connection herewith or therewith, against any stockholder, officer or director, as such, of SellerSellers, or of any predecessor or successor of SellerSellers.

Appears in 1 contract

Samples: Purchase Agreement (Americredit Financial Services Inc)

No Recourse. Without limiting the obligations of the Seller hereunder, no recourse may be taken, directly or indirectly, under this Agreement or any certificate or other writing delivered in connection herewith or therewith, against any stockholder, officer or director, as such, of the Seller, or of any predecessor or successor of the Seller.

Appears in 1 contract

Samples: Loan Purchase Agreement (Chevy Chase Bank FSB)

No Recourse. Without limiting the obligations of Seller hereunderSellers ----------- hereunder and except to the extent otherwise provided in the Transaction Documents, no recourse may be taken, directly or indirectly, under this Agreement or any certificate or other writing delivered in connection herewith or therewith, against any stockholder, officer or director, as such, of SellerSellers, or of any predecessor or successor of SellerSellers.

Appears in 1 contract

Samples: Master Receivables Purchase Agreement (Americredit Corp)

No Recourse. Without limiting the obligations of Seller hereunder----------- Sellers hereunder and except to the extent otherwise provided in the Transaction Documents, no recourse may be taken, directly or indirectly, under this Agreement or any certificate or other writing delivered in connection herewith or therewith, against any stockholder, officer or director, as such, of SellerSellers, or of any predecessor or successor of SellerSellers.

Appears in 1 contract

Samples: Master Receivables Purchase Agreement (Americredit Corp)

No Recourse. Without limiting the obligations of Seller hereunder, no recourse may be taken, directly or indirectly, under this Agreement or any certificate or other writing delivered in connection herewith or therewith, against any stockholder, officer or director, as such, of Seller, or of any predecessor or successor of Seller.. Back to Contents

Appears in 1 contract

Samples: Purchase Agreement (Americredit Automobile Receivables Trust 2004-a-F)

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