Recourse Persons definition

Recourse Persons means (a) the Issuer, (b) the Guarantors and (c) each other Restricted Subsidiary that is not a Non-Recourse Subsidiary.
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Examples of Recourse Persons in a sentence

  • The No Recourse Persons are third party beneficiaries of this Section 10.20.

  • Except for the Releasees as described in Section 6.11, the Seller Parties and Purchaser Parties as described in Section 8.02, the Indemnified Persons as described on Section 10.16, the No Recourse Persons described in Section 10.20, and those Persons described as third party beneficiaries in Section 10.21, this Agreement is not intended to, and shall not, confer any rights or remedies upon any Person other than the Parties and their respective successors and permitted assigns.

  • None of the Non- Recourse Persons shall have any liability to the Company, its stockholders or any other Person relating to or arising out of this Agreement or the transactions contemplated hereby or the failure of such transactions to be consummated, in each case, other than with respect to the Lenders, the Debt Financing Sources or other financing source that are a party to the Definitive Debt Financing Documents.

  • The No Recourse Persons are third party beneficiaries of this Section 12.20.

  • The recourse of Lender and its successors and assignees under or in connection with this Letter of Credit Note, the Security Documents, the Credit Agreement, the other Loan Documents, the Loans and such instruments and certificates, and any such amendments or modifications shall be limited to the assets of the Makers and the Lender and its successors and assignees waive and do hereby waive any such personal liability against any such Non- Recourse Persons.

Related to Recourse Persons

  • Non-Recourse Person as defined in Section 9.15.

  • Adverse Person means any Person declared to be an Adverse Person by the Board of Directors upon a determination that the criteria set forth in Section 11(a)(ii)(B) apply to such Person.

  • Non-Recourse Parties has the meaning provided in Section 12.16.

  • Course provider means an enterprise that:

  • Eligible Persons or “Households” means one or more natural persons or a family who pays 30 percent of their household income toward their monthly rent and is determined by Grantee to be eligible for rental assistance under this Agreement.