Nonrecourse Nature of Transactions. Each of the Funding Agent and the APA Banks hereby agrees that all Purchases shall be without recourse of any kind to PARCO or the Funding Agent, except as expressly provided in Sections 4.3 and 4.7 with respect to the Funding Agent.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Idine Rewards Network Inc), Receivables Transfer Agreement (Collins & Aikman Corp), Asset Purchase Agreement (Onyx Acceptance Corp)
Nonrecourse Nature of Transactions. Each of the Funding Agent and the APA Banks hereby agrees that all Purchases any Purchase shall be without recourse of any kind to PARCO or the Funding Agent, except as expressly provided in Sections Section 4.3 and 4.7 with respect to the Funding Agent.
Appears in 1 contract
Samples: Asset Purchase Agreement (Ikon Office Solutions Inc)