Fully Recourse. The Guaranteed Obligations are recourse obligations of Guarantor and not restricted by any limitation on personal liability.
Appears in 6 contracts
Samples: Guaranty of Recourse Obligations (Ashford Hospitality Trust Inc), Guaranty of Recourse Obligations (Ashford Hospitality Trust Inc), Guaranty of Recourse Obligations (Ashford Hospitality Trust Inc)
Fully Recourse. (a) The Guaranteed Obligations are joint and several recourse obligations of Guarantor Guarantors and not restricted by any limitation on personal liability.
Appears in 3 contracts
Samples: First Mezzanine Closing (Morgans Hotel Group Co.), Third Mezzanine (Morgans Hotel Group Co.), Second Mezzanine (Morgans Hotel Group Co.)
Fully Recourse. (a) The Guaranteed Obligations are Obligation is a joint and several recourse obligations obligation of Guarantor Guarantors and is not restricted by any limitation on personal liability.
Appears in 3 contracts
Samples: Third Mezzanine Guaranty Agreement (Morgans Hotel Group Co.), Second Mezzanine Guaranty Agreement (Morgans Hotel Group Co.), First Mezzanine Guaranty Agreement (Morgans Hotel Group Co.)
Fully Recourse. The Guaranteed Obligations are recourse obligations of Guarantor and not restricted by any limitation on personal liability.. Pool 1
Appears in 2 contracts
Samples: Guaranty of Recourse Obligations (Ashford Hospitality Trust Inc), Guaranty of Recourse Obligations (Ashford Hospitality Trust Inc)