Full Recourse means the right of the Company to recover against all of the assets of the Optionee in the event of a default by the Optionee with respect to the Note.
Full Recourse means Our right to obtain payment from You for the full amount of each Charge subject to such right.
Full Recourse means those Purchased Accounts for which FGI has not given Credit Approval, for which Credit Approval has been withdrawn or revoked or with respect to which FGI is not responsible under Section 2.
Examples of Full Recourse in a sentence
In no event shall the Master Servicer or any of its Affiliates be required to service any Mortgage Loans pursuant to any Full Recourse Servicing Agreement in the absence of such modification.
If the Master Servicer is unable to appoint such a successor Servicer, the Master Servicer shall modify the provisions of such Full Recourse Servicing Agreement as it deems appropriate, in its reasonable best judgment and with the consent of the Depositor, and shall either appoint a successor Servicer or service such Mortgage Loans itself (or through an Affiliate) as provided herein.
This Full Recourse Note shall bear simple interest at the rate of 8%.
Our failure to demand payment does not waive our rights to Full Recourse.
If we determine at any time that we have paid you in error, we may exercise Full Recourse to recover such erroneous payment.
More Definitions of Full Recourse
Full Recourse means we are entitled to reimbursement from you for the full amount of a Charge. To recover such amounts, we have the right to offset, recoup and deduct the same from payments due to you or from your bank account (if you have an electronic pay arrangement with us), or to invoice you, in which case you agree to pay us within 10 days after your receipt of our invoice. In the United States, we will retain the Discount with regard to Charges for which we exercise our right to Full Recourse and we reserve our right to establish such policy in other areas of the world. We have the right to Full Recourse in the following situations:
Full Recourse means those Purchased Accounts where Factor has not issued Credit Approval and has not accepted or assumed the credit risk of a Purchase Account.
Full Recourse means Mobiversa right to payment from Merchant for the full amount of the Payment Transaction as set out in these terms and conditions. “GrabPay” or “GrabPay App” means a brand name and a mobile wallet electronic payment service provided by GPay Network (M) Sdn. Bhd.
Full Recourse means our right to payment from you for the full amount of each Charge subject to such right. We may deduct or set off the amount from any sum payable to you under this Agreement or any other agreement you have with us or otherwise invoice you for such an amount. We will have Full Recourse for a charge if you do not comply with this Agreement, even if we were aware of your non-compliance when we made payment and even if you obtained Authorisation for the Charge in question. We will also have Full Recourse as set out elsewhere in this Agreement.
Full Recourse our right in certain circumstances to reimbursement from you for payments we have made to you for a Charge as more fully defined in Section 6 (p.5)
Full Recourse means we are entitled to reimbursement from you for the full amount of a Charge. To recover such amounts, we have the right to offset, recoup and deduct the same from payments due to you or from your bank account (if you have an electronic pay arrangement with us), or to invoice you, in which case you agree to pay us within ***** after your receipt of our invoice. For Charges made in the United States, we will retain the Discount with regard to Charges for which we exercise our right to Full Recourse and we reserve ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission. our right to establish such policy in other areas of the world. We have the right to Full Recourse in the following situations: • failure to obtain Authorization for a Charge in accordance with Schedule II, Section 4 • splitting a Charge into two or more Charges to avoid obtaining Authorization • failure to conform with our procedures and specifications when accepting, preparing or submitting a Charge or Credit, including, without limitation, failure to include all required information • failure to submit to us (1) a Charge within ***** of the date the Charge was made or (2) a Credit within ***** of issuance • if a Cardmember has a Disputed Charge as detailed in Section 9 of Schedule II • if Cardmember disputes a Charge for which no signature was obtained on a Charge Record or where signature is only on file • if Cardmember disputes the authenticity of his/her signature on a Charge Record and provides us with a signed statement to that effect • the Cardmember has a right under law to withhold payment • your failure to provide us with the original Charge or Credit Record or a copy or other information we request regarding a Charge within ***** of your receipt of our request • receipt by us of disproportionate number of (1) Disputed Charges regarding you or (2) Charges without Authorization due to downtime of your systems, in each instance relative to your prior history “disproportionate number of Disputed Charges” means a number and/or dollar amount of Disputed Charges as a percentage of Carrier’s transactions and/or Charge volume which is excessive, based upon Amex’s previous experience with Carrier’s acceptance of the Card. Amex shall give Carrier at least thirty (30) days advance written notice and ***** • failure by you to comply with respect to a Charge with any other term or condition of this Agreement
Full Recourse applies only to the UUAC Dealer Pool Advance Plan and means that, upon any termination of this Agreement, you will be liable to UUAC for the total of its then-unrecovered Advances plus a Termination Fee, without regard to whether or not an Event of Default has occurred and/or whether any of the Receivables then in your portfolio are Defaulted Receivables; however the timing and method of your repayment of these post-termination obligations is subject to certain conditions, more fully described in the main body or this Agreement.