Common use of Fully Recourse Clause in Contracts

Fully Recourse. All of the terms and provisions of this Agreement are recourse obligations of Guarantor and not restricted by any limitation on personal liability.

Appears in 17 contracts

Sources: Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc), Junior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)

Fully Recourse. All of the terms and provisions of this Agreement are recourse obligations of Guarantor and not restricted by any limitation on personal liabilityliability set forth in any Loan Document.

Appears in 1 contract

Sources: Indemnification & Liability (Condor Hospitality Trust, Inc.)