Examples of Recourse Agreement in a sentence
IV and First Union, and hereby agrees that such amendment shall not affect the obligations of the Company under the Recourse Agreement except as provided herein.
Except as set forth above, the Recourse Agreement shall continue in full force and effect without modification.
If Purchaser does not approve the Account(s), Seller shall execute a separate Full Recourse Agreement on each Account, and the Account(s) will then become Full Recourse Account(s).
It is also contemplated under the Deed of Indemnity that payments or repayments to Petropavlovsk under the ICBC Facility Agreement or the Recourse Agreement and the Guarantee Fee payable by the Company to Petropavlovsk as described in ‘‘(b) Recourse Agreement’’ above will be shared by Petropavlovsk with General Nice in the same proportion.
Trans Leasing acknowledges that it has, independently of and without reliance on Lender, made its own credit analysis of Borrower and the Collateral and performed its own legal review of this Limited Recourse Agreement, the Loan Documents and all related filings, and Trans Leasing is not relying on Lender with respect to any of the aforesaid items.