Full Recourse Obligations. The obligations of each Guarantor set forth herein constitute the full recourse obligations of such Guarantor enforceable against it to the full extent of all its assets and properties.
Full Recourse Obligations. The obligations of the Parent Guarantor set forth herein constitute the full recourse obligations of the Parent Guarantor enforceable against it to the full extent of all its assets and properties.
Full Recourse Obligations. Notwithstanding anything to the contrary contained in this Mortgage or the other Loan Documents, the exculpation provisions of subparagraph (a) above will BECOME NULL AND VOID and the Loan will be FULLY RECOURSE to Mortgagor and any guarantor under any guaranty in the event that Mortgagor, any guarantor under any guaranty or any indemnitor under any indemnity agreement (i) commences as debtor any case or proceeding under any bankruptcy, insolvency, reorganization, liquidation, dissolution or similar law, (ii) has appointed for it or the whole or any substantial part of its property (other than upon the petition or filing of Mortgagee) a receiver, conservator, trustee, custodian, manager, liquidator, or similar official, by any governmental authority; (iii) makes a proposal or any assignment for the benefit of its creditors, or enters into an arrangement or composition or similar plan or scheme with or for the benefit of creditors generally occurring in circumstances in which such entity is unable to meet its obligations as they become due; (iv) has filed against it any case or proceeding under any bankruptcy, insolvency, reorganization, liquidation, dissolution or similar law which (a) is consented to or not timely contested by such entity, or (b) is not dismissed within one hundred twenty (120) days; (v) if required to do so under the terms of this Mortgage or the other Loan Documents, fails to maintain its status as a single purpose, bankruptcy-remote entity pursuant to its organizational documents and this Mortgage and the other Loan Documents; or (vi) by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, asserts or has filed against Mortgagor or any guarantor a claim that the transaction creating the lien of this Mortgage is either (a) a fraudulent conveyance or fraudulent transfer, or (b) a preferential transfer.
Full Recourse Obligations. Subject to the limitations of Section 14, the obligations of each Guarantor set forth herein constitute the full recourse obligations of such Guarantor enforceable against it to the full extent of all its assets and properties.
Full Recourse Obligations. 31.4 The limitation on personal liability contained in clause 31.1 shall not apply, and the Senior Lenders may have recourse against the Borrower and all of its assets without any limitation:
Full Recourse Obligations. The obligations of each Subsidiary Guarantor set forth herein constitute the full recourse obligations of such Subsidiary Guarantor enforceable against it to the full extent of all its assets and properties. SECTION 5.
Full Recourse Obligations. Subject to the terms of Section 26, the obligations of the Guarantors are full recourse obligations of each Guarantor and may be enforced against any or all of the assets of any or all of the Guarantors notwithstanding any limitation on enforceability of all or any of the Guaranteed Obligations or the Loan Documents against assets of the Borrower, any of its Subsidiaries or any other Person.
Full Recourse Obligations. The Loan shall be fully recourse to the Borrower, the Project, and the other collateral given as security for the Loan, without limitation or exculpation.
Full Recourse Obligations. Subject to the provisions of Section 3E, the obligations of each Guarantor set forth herein constitute full recourse obligations of such Guarantor, enforceable against it to the full extent of all its assets and properties.
Full Recourse Obligations. 5 1.4. Independent Obligations; Waiver . . . . . . . 5 1.5. Subordination of Claims Against Company; Subrogation. . . . . . . . . . . . . 6 1.6. Effect of Bankruptcy Proceedings, etc.. . . . 6
