Recourse Transfer definition

Recourse Transfer means a sale, ----------------- assignment, transfer or other disposition (other than the granting of a Lien) of title to, or beneficial ownership of:
Recourse Transfer shall have the meaning set forth in Section 21.02.
Recourse Transfer shall have the meaning set forth in ----------------- Section 21.

Examples of Recourse Transfer in a sentence

  • Failure to so reverse the Recourse Transfer or reverse or substitute shall restore such recourse liability of Guarantor.

  • Any transfer made in violation of the related Mortgage Loan documents that is not a Hooksett Full Recourse Transfer only gives rise to liability for losses and damages sustained.


More Definitions of Recourse Transfer

Recourse Transfer means a sale, assignment, transfer or other disposition (other than the granting of a Lien) of title to, or beneficial ownership of: