Non-Recourse Parties definition

Non-Recourse Parties has the meaning provided in Section 12.16.
Non-Recourse Parties has the meaning provided in Section 11.21(a) (No Recourse).
Non-Recourse Parties has the meaning assigned to such term in Section 10.13.

Examples of Non-Recourse Parties in a sentence

  • Nothing expressed or implied in this Agreement is intended or shall be construed to confer upon or give any Person, other than the Parties, any right or remedies under or by reason of this Agreement; provided that notwithstanding the foregoing, the Non-Recourse Parties are intended third-party beneficiaries of, and may enforce, Section 10.15 and Section 10.16.


More Definitions of Non-Recourse Parties

Non-Recourse Parties has the meaning set forth in Section 9.3(e) hereof.
Non-Recourse Parties has the meaning set forth in Section 13.1.
Non-Recourse Parties as defined in Section 10.26.
Non-Recourse Parties has the meaning set forth in Section 22.
Non-Recourse Parties means as defined in Section 9.18.
Non-Recourse Parties means, collectively, the Recourse Parties’ respective former, current or future equity holders, controlling persons, directors, officers, employees, agents, general or limited partners, managers, management companies, members, stockholders, Affiliates or assignees and any and all former, current or future equity holders, controlling persons, directors, officers, employees, agents, general or limited partners, managers, management companies, members, stockholders, Affiliates or assignees of any of the foregoing, and any and all former, current or future estates, heirs, executors, administrators, trustees, successors or assigns of any of the foregoing; provided that none of the Recourse Parties shall be Non-Recourse Parties. The Guaranteed Party hereby covenants and agrees that it shall not, and it shall cause its Affiliates not to, institute any proceeding or bring any claim in any way under or in connection with this Limited Guaranty, the Merger Agreement, any other agreement or instrument delivered in connection with this Limited Guaranty or the Merger Agreement (including, without limitation, the Equity Funding Letters), or the transactions contemplated hereby or thereby (whether at law or in equity, whether sounding in contract, tort, statute or otherwise) against (i) the Non-Recourse Parties or (ii) the Guarantor or any other Recourse Parties, except in the case of clause (ii) for Retained Claims asserted by the Guaranteed Party against the Recourse Party(ies) against which such Retained Claims may be asserted in accordance with the second sentence of this Section 10. Other than the Guaranteed Party, the Guarantor, the other Non-Recourse Parties and the Recourse Parties, no Person shall have any rights or remedies under or in connection with this Limited Guaranty or the transactions contemplated hereby.
Non-Recourse Parties means as defined in Section ‎9.18.