Common use of Base Recourse Clause in Contracts

Base Recourse. Borrower will be personally liable to Lender for the Base Recourse specified in Article I (“Base Recourse”), plus any other amounts for which Borrower has personal liability under this Article III.

Appears in 5 contracts

Sources: Loan Agreement, Loan Agreement, Loan Agreement (Reven Housing REIT, Inc.)

Base Recourse. Borrower will be personally liable to Lender for the amount of the Base Recourse specified in Article I (“Base Recourse”)Section 1.01, plus any other amounts for which Borrower has personal liability under this Article III.

Appears in 2 contracts

Sources: Multifamily Loan and Security Agreement, Multifamily Loan and Security Agreement

Base Recourse. Borrower will be personally liable to Lender for the Base Recourse specified in Article I (“Base Recourse”), plus any other amounts for which Borrower has personal liability under this Article III.Ill.

Appears in 1 contract

Sources: Loan Agreement (Vinebrook Homes Trust, Inc.)