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6:1.", "Asset Securitization <strong>Recourse Liabilities</strong> shall not constitute &quot;guarantees&quot; hereunder.", "As used herein, the term \u201cGuaranteed Obligations\u201d means (i) Guarantor\u2019s <strong>Recourse Liabilities</strong> (as defined herein), (ii) from and after the occurrence of any Springing Recourse Event (as defined herein), payment in full of the Obligations, and (iii) the Guaranty of Payment (as defined herein).", "Except as otherwise specifically provided or limited herein, Guarantor shall pay for the benefit of Lender all or any portion of the <strong>Recourse Liabilities</strong> within fifteen (15) days after receipt of written notice from Lender specifying that Borrower has failed to pay any of the <strong>Recourse Liabilities</strong>, setting forth the amount of the <strong>Recourse Liabilities</strong> then due and payable, and making demand for payment thereof by Guarantor.", "Towne Investment Co. shall indemnify the General Partner for a portion of the Partnership\u2019s <strong>Recourse Liabilities</strong> as specified in Exhibit 6 attached hereto.", "As used herein, the term \u201cGuaranteed Obligations\u201d means (a) the payment to Lender of all of the <strong>Recourse Liabilities</strong>, and (b) upon the occurrence of a Springing Recourse Event, the payment to Lender of the Debt.", "Except to the extent set forth in this Agreement and in the <strong>Recourse Liabilities</strong> Guaranties executed on the same date of this Agreement by the Recourse Parties (as defined below) other than Borrowers, Borrowers shall not have any personal liability for the Pool Obligations.", "Notwithstanding the foregoing, this exclusion from liability shall not apply in the case of clause (xiii) of the Borrower\u2019s <strong>Recourse Liabilities</strong> in Section 11.22 of this Agreement."], "related": [["nonrecourse-liabilities", "Nonrecourse Liabilities", "Nonrecourse Liabilities"], ["nonrecourse-liability", "Nonrecourse 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