Non-recourse Obligations. The liability and obligations of Assignor to perform and observe the obligations contained in this Agreement shall be subject to and limited by the terms of Section 32 of the Credit Agreement.
Appears in 3 contracts
Sources: Stock Pledge Agreement (Wellsford Real Properties Inc), Stock Pledge Agreement (Wellsford Real Properties Inc), Stock Pledge Agreement (Wellsford Real Properties Inc)
Non-recourse Obligations. The liability and obligations of Assignor the Assignors and their respective officers, members, shareholders, partners or other person or entity having an interest therein to perform and observe the obligations contained in this Agreement Assignment shall be subject to and limited by the terms of Section 32 of the Credit Agreement.
Appears in 2 contracts
Sources: Assignment of Member's Interest (Wellsford Real Properties Inc), Assignment of Member's Interest (Wellsford Real Properties Inc)