Examples of Warehouse Borrower in a sentence
Notwithstanding any other provision hereof, the obligations of the Issuer, the Warehouse Borrower and the Retention Holder under this Agreement are limited at all times in recourse to the Assets available at such time and amounts derived therefrom.
To the extent the Assets are not sufficient to meet the obligations of the Issuer, the Warehouse Borrower or the Retention Holder in full, after application of the Assets in accordance with the provisions of the Indenture, the Issuer, the Warehouse Borrower and the Retention Holder shall have no further obligations hereunder and any outstanding obligations of, and remaining claims against, the Issuer, the Warehouse Borrower and the Retention Holder shall be extinguished and shall not revive.
The obligations of the Issuer, the Warehouse Borrower and the Retention Holder hereunder are solely the corporate obligations of the Issuer, the Warehouse Borrower, the Warehouse Borrower and the Retention Holder and no action may be taken against any director, officer, shareholder or administrator thereof with respect to the obligations of the Issuer, the Warehouse Borrower and the Retention Holder hereunder.