Sale Without Recourse. Any sale of a Variable Rate Bond or portion thereof shall be without recourse to the seller and without representation or warranty of any kind except as may be required by law.
Sale Without Recourse. (a) The sale of the Participation Interest hereunder shall, except to the extent specified in Section 5.06 hereof, be made without recourse to the Seller with respect to any loss arising from Defaulted Receivables, provided, that nothing contained herein shall limit the rights of the Buyer provided in Section 2.04, Article V, Section 6.04 and Articles VII and XI hereof.
Sale Without Recourse. The Receivable Interest sold by the Seller hereunder shall be made without recourse except as specifically provided herein.
Sale Without Recourse. In the event UMH is required to repurchase any Home associated with any IN/MI/PA Note, UMH shall take all reasonable actions requested by 21st for an orderly sale of the respective Home to UMH and any such sale and transfer by 21st in connection with such a repurchase shall be without recourse to, or representation or warranty from, 21st.
Sale Without Recourse. Subject only to the provisions of Section 2.02, the sale of Receivables by the Seller hereunder shall be without recourse.
Sale Without Recourse. Any sale of a Bond, or portion thereof, pursuant to this Section shall be without recourse to the seller and without representation or warranty of any kind.
Sale Without Recourse. 39 4.06 Non-Assumption by the Buyers of Obligations.......................... 40 4.07 Character of Receivables Added to Receivables Pools.................. 40
Sale Without Recourse. Subject only to the provisions of Section 2.2, the sale of Receivables by the Seller hereunder shall be without recourse.
Sale Without Recourse. The Receivable Interest sold by the Seller hereunder shall be made without recourse except as specifically provided herein. (c) Non-Assumption by the Purchase Groups of Obligations. No obligation or liability of the Seller to any Obligor or any third party under any Receivable or Contract which is part of the Receivables in which the Facility Agents, on behalf of their respective Purchase Groups, have acquired the Receivable Interest shall be assumed by any Facility Agent or Purchaser, and any such assumption is hereby expressly disclaimed. Each Purchaser, each LC Bank, each Facility Agent and the Administrative Agent shall be indemnified by the Seller in accordance with Section 10.01 hereof in respect of any Losses arising out of or incurred in connection with any Obligor’s assertion of such obligation or liability against the Purchasers, the XX Xxxxx, the Facility Agents or the Administrative Agent. Section 3.02.
Sale Without Recourse. Except as otherwise expressly provided in this Agreement or any Transaction Document, the sale and purchase of the Credit Card Assets and the Equipment between the Sellers and the Buyers is without recourse.
