RECOURSE CLAIMS definition
RECOURSE CLAIMS means only the following claims arising under the Agreement for Use of Operating Property during the Term (or as otherwise indicated): (a) liability for willful actual fraud; (b) liability for misapplication of security deposits, insurance proceeds, condemnation awards or refunds of Impositions that may come into a party's control whether during or after the Term; (c) liability of the City on account of the City's failure to remit Impositions in accordance with SNA's instructions when SNA has paid such Impositions to the City to be remitted to the third party entitled to payment; (d) liability of the City on account of the City's breach of its representations and warranties as to its title to the Cable, the nonexistence of Cable Mortgages, the City's title to the Leased Property or tenants of the Leased Property on the Commencement Date; and (e) if the Leased Property is not a separate tax lot, then the City's obligation to make Tax Reimbursement Payments.
RECOURSE CLAIMS means any claim by any Guarantor against GFI-SA from any cause whatsoever or howsoever arising including on loan account or arising by virtue of payment by any Guarantor under the provisions of clause 10 (Guarantee);
Examples of RECOURSE CLAIMS in a sentence
RECOURSE CLAIMS 12.1 If the Pledges are enforced or if any Pledgor has discharged any of the Secured Obligations (or any part of them), § 1225 BGB (Forderungsübergang auf den Verpfänder) shall not apply and no rights and claims of the Pledgees shall pass to any Pledgor by subrogation or otherwise.
THE CUSTOMER WAIVES ANY RECOURSE CLAIMS AGAINST ▇▇▇▇▇▇▇ UNDER THE SAID PROVISION AND ACKNOWLEDGES THAT THIS WAIVER IS REFLECTED IN THE PRICING OF THE SERVICES/PRODUCTS PROVIDED UNDER THIS AGREEMENT.