Examples of Governmental Obligor in a sentence
Subject to the satisfaction of the condition precedent set forth in Section 2 below, each of Cartus, CFC, ARSC, the Issuer and the Noteholders signatory hereto hereby consent to the inclusion of AAFES as an Eligible Governmental Obligor at such time as AAFES becomes a party to a Guaranteed Government Contract (as defined in the Purchase Agreement).
Notwithstanding the ---------------------------------------- provisions of Section 6.1, the Collateral Agent shall not collect or enforce payment of any Governmental Obligor Limited Receivable if and to the extent that such collection or enforcement is prohibited under 42 U.S.C. (S)(S) 1395(g) or 1396(a) or under any comparable provision of federal or state law.
Notwithstanding the ---------------------------------------- provisions of Section 3(b) hereof, the Administrative Agent shall not collect or enforce payment of any Governmental Obligor Limited Receivable if and to the extent that such collection or enforcement is prohibited under 42 U.S.C. (S)(S) 1395(g) or 1396(a) or under any comparable provision of federal or state law.
The sole recourse for the satisfaction of the obligations of a Borrower hereunder shall be against a Borrower (solely to the extent relating to a breach in any material respect of any representation, warranty or covenant made by the Borrower under any Transaction Document), the Trust and its assets, including the Collateral and the applicable Vendor and Governmental Obligor for the related Contract Obligation, and not against any assets or property of any such Operative.