Common use of NO LIABILITY AND NO PETITION Clause in Contracts

NO LIABILITY AND NO PETITION. Party A shall not be entitled to have recourse for the payment or recovery of any monies owing to it by Party B under this Agreement to any asset of Party B except to the extent provided in the Deed of Charge. Accordingly:

Appears in 14 contracts

Samples: Master Agreement (Barclaycard Funding PLC), Master Agreement (Barclaycard Funding PLC), Master Agreement (Gracechurch Receivables Trustee LTD)

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NO LIABILITY AND NO PETITION. Party A shall not be entitled to have recourse for the payment or recovery of any monies owing to it by Party B under this Agreement to any asset of Party B except to the extent provided in the [Deed of Charge]. Accordingly:

Appears in 1 contract

Samples: Master Agreement (Gracechurch Receivables Trustee LTD)

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