Nonrecourse. Except as expressly provided in this Section 3(i), the Borrower shall not have personal liability for payment of the principal of, or interest on, this AHIF Note, and the sole recourse of the County with respect to the payment of the principal of, and interest on, this AHIF Note shall be to the Property and any other collateral held by the County as security for this AHIF Note; provided however, nothing contained in the foregoing limitation of liability shall:
Appears in 7 contracts
Sources: Loan Agreement, Loan Agreement, Loan Agreement
Nonrecourse. Except as expressly provided in this Section 3(i), the Borrower and its members shall not have personal liability for payment of the principal of, or interest on, this AHIF Acquisition Note, and the sole recourse of the County with respect to the payment of the principal of, and interest on, this AHIF Acquisition Note shall be to the ▇▇▇▇▇▇▇ Place Property and any other collateral held by the County as security for this AHIF Acquisition Note; provided however, nothing contained in the foregoing limitation of liability shall:
Appears in 1 contract
Sources: Loan Agreement
Nonrecourse. Except as expressly provided in this Section 3(i), the Borrower shall not have personal liability for payment of the principal of, or interest on, this Amended and Restated AHIF Note, and the sole recourse of the County with respect to the payment of the principal of, and interest on, this Amended and Restated AHIF Note shall be to the ▇▇▇▇▇▇ Gardens Real Property and any other collateral held by the County as security for this Amended and Restated AHIF Note; provided however, nothing contained in the foregoing limitation of liability shall:
Appears in 1 contract
Sources: Loan Agreement