Common use of Sole and Exclusive Remedy; Subordination Clause in Contracts

Sole and Exclusive Remedy; Subordination. The Purchaser shall be obligated to repay Advances to the Seller only to the extent of funds available to the Purchaser from Collections on the Receivables and, to the extent that such payments are insufficient to pay all amounts owing to the Seller under the Subordinated Note, the Seller shall not have any claim against the Purchaser for such amounts and no further or additional recourse shall be available against Purchaser. The Subordinated Note shall be fully subordinated to any rights of Enterprise, the Bank Investors and their permitted assigns pursuant to the Transfer Agreement, and shall not evidence any rights in the Receivables.

Sole and Exclusive Remedy; Subordination. The Purchaser shall be obligated to repay Advances to the Seller only to the extent of funds available to the Purchaser from Collections on the Receivables and, to the extent that such payments are insufficient to pay all amounts owing to the Seller under the Subordinated Note, the Seller shall not have any claim against the Purchaser for such amounts and no further or additional recourse shall be available against the Purchaser. The Subordinated Note shall be fully subordinated to any rights of Enterprisethe Agent, the Bank Class Agents, the Investors and their permitted assigns pursuant to the Transfer Agreement, and shall not evidence any rights in the Receivables.

Sole and Exclusive Remedy; Subordination. The Purchaser shall be --------------------------------------- obligated to repay Advances to the Seller only to the extent of funds available to the Purchaser from Collections on the Receivables and the Related Security and Collections with respect thereto and, to the extent that such payments are insufficient to pay all amounts owing to the Seller under the Subordinated Note, the Seller shall not have any claim against the Purchaser for such amounts and no further or additional recourse shall be available against Purchaser. The Subordinated Note shall be fully subordinated to any rights of Enterprise, the Bank Investors Enterprise and their its permitted assigns pursuant to the Transfer Agreement, and shall not evidence any rights in the ReceivablesReceivables or related property.

Sole and Exclusive Remedy; Subordination. The Purchaser shall be obligated to repay Advances to the Seller only to the extent of funds available to the Purchaser from Collections on the Receivables and, to the extent that such payments are insufficient to pay all amounts owing to the Seller under the Subordinated Note, the Seller shall not have any claim against the Purchaser for such amounts and no further or additional recourse shall be available against Purchaser. The Subordinated Note shall be fully subordinated to any rights of Enterprisethe Trustee, the Bank Investors Certificateholders and their permitted assigns pursuant to the Transfer Pooling and Servicing Agreement, and shall not evidence any rights in the Receivables.

Sole and Exclusive Remedy; Subordination. The Purchaser shall be obligated to repay Advances to the Seller Sellers only to the extent of funds available to the Purchaser from Collections on the Receivables and, to the extent that such payments are insufficient to pay all amounts owing to the Seller Sellers under the Subordinated Note, the Seller Sellers shall not have any claim against the Purchaser for such amounts and no further or additional recourse shall be available against Purchaser. The Subordinated Note shall be fully subordinated to any rights of Enterprisethe Administrative Agent, on behalf of the Bank Investors CP Conduit Purchasers and their permitted assigns the Committed Purchasers pursuant to the Receivables Transfer Agreement and the Asset Purchase Agreement, and shall not evidence any rights in the ReceivablesReceivables or related property.