Common use of Seller's Recourse Obligations Clause in Contracts

Seller's Recourse Obligations. (a) Seller understands and agrees that Buyer will not purchase Receivables hereunder unless Seller provides the recourse set forth herein.

Appears in 3 contracts

Samples: Bulk Receivables Purchase and Sale Agreement (Nicholas Financial Inc), Bulk Receivables Purchase and Sale Agreement (Nicholas Financial Inc), Bulk Receivables Purchase and Sale Agreement (Nicholas Financial Inc)

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Seller's Recourse Obligations. (a) Seller understands and agrees that Buyer will not purchase Receivables hereunder unless Seller Buyer provides the recourse set forth herein.

Appears in 1 contract

Samples: Receivables Purchase and Sale Agreement (Money Tree, Inc.)

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