Full Recourse definition

Full Recourse means the right of the Company to recover against all of the assets of the Optionee in the event of a default by the Optionee with respect to the Note.

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Full Recourse means Our right to obtain payment from You for the full amount of each Charge subject to such right.

Full Recourse means those Purchased Accounts for which FGI has not given Credit Approval, for which Credit Approval has been withdrawn or revoked or with respect to which FGI is not responsible under Section 2.

Examples of Full Recourse in a sentence

• In no event shall the Master Servicer or any of its Affiliates be required to service any Mortgage Loans pursuant to any Full Recourse Servicing Agreement in the absence of such modification.

• If the Master Servicer is unable to appoint such a successor Servicer, the Master Servicer shall modify the provisions of such Full Recourse Servicing Agreement as it deems appropriate, in its reasonable best judgment and with the consent of the Depositor, and shall either appoint a successor Servicer or service such Mortgage Loans itself (or through an Affiliate) as provided herein.

• This Full Recourse Note shall bear simple interest at the rate of 8%.

• In the absence of written Credit Approval, the Purchased Accounts shall be purchased at Full Recourse.

• If American Express classifies you in the Telecommunications industry, notwithstanding anything to the contrary in the Agreement, American Express may place you in one or more of the following Chargeback programs: Partial Immediate Chargeback Program for an amount of $50 or less; or Fraud Full Recourse Program.

More Definitions of Full Recourse

Full Recourse means we are entitled to reimbursement from you for the full amount of a Charge. To recover such amounts, we have the right to offset, recoup and deduct the same from payments due to you or from your bank account (if you have an electronic pay arrangement with us), or to invoice you, in which case you agree to pay us within 10 days after your receipt of our invoice. In the United States, we will retain the Discount with regard to Charges for which we exercise our right to Full Recourse and we reserve our right to establish such policy in other areas of the world. We have the right to Full Recourse in the following situations:

Full Recourse means those Purchased Accounts where Factor has not issued Credit Approval and has not accepted or assumed the credit risk of a Purchase Account.

Full Recourse means Mobi right to payment from Merchant for the full amount of the Payment Transaction as set out in these terms and conditions. “GrabPay” or “GrabPay App” means a brand name and a mobile wallet electronic payment service provided by GPay Network (M) Sdn. Bhd. “GrabPay Transaction” means a payment to the Merchant by a Customer through the use of GrabPay for a purchase of goods and/or services.

Full Recourse means those Purchased Accounts for which FGI has not given Credit Approval, for which Credit Approval has been withdrawn or revoked or with respect to which FGI is not responsible under Section 2 of the Agreement.

Full Recourse means that each Account(s) assigned to and purchased by Factor is with full recourse to Seller and at Seller's sole credit risk.

Full Recourse. Refer to the definition of “Chargeback” in the Merchant Regulations. Marks - names, logos, service marks, trademarks, trade names, taglines, or other proprietary designs or designations. Merchant Number - a unique number American Express assigns to Authorized Users and their Establishment(s). Other Payment Products - any charge, credit, debit, stored value, prepaid, or smart cards, account access devices, or other payment cards, services, or products other than the Card. Plural Interface Processing (PIP) – the multiple direct routing process (via an American Express terminal or software) that routes bank card transactions to FSPs and American Express transactions directly to American Express for both authorizations and submission for settlement. Reverse PIP – the multiple direct routing process (via a non-American Express terminal or software) that routes bank card transactions to FSPs and American Express transactions directly to American Express for both authorizations and submission for settlement. Split Dial – the routing process (via a terminal or software) that does not support PIP technology may still have the capability of sending authorization requests directly to American Express, but the settlement submission batch is routed through an FSP, generally meaning that the industry-specific software cannot be accommodated. Telephone Order – an order that occurs when Card payment information is taken over the telephone.

Full Recourse means Payex’s right to payment against the Merchant for the full amount of the Payment Transactions as set out in these terms and conditions.