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Common use of Nonrecourse Clause in Contracts

Nonrecourse. The Lender acknowledges and agrees that the Loan is unsecured and is made without recourse to the Borrower.

Appears in 7 contracts

Sources: Risk Capital Note (TechSoup Global), Patient Capital Note (TechSoup Global), Patient Capital Note (TechSoup Global)

Related Clauses

  • Chargeback of Partner Nonrecourse Debt Minimum Gain
  • Member Nonrecourse Debt Minimum Gain Chargeback
  • Partner Nonrecourse Debt Minimum Gain Chargeback
  • Nonrecourse Liabilities
  • Minimum Gain Chargeback (Nonrecourse Liabilities)

Parent Clauses

  • Miscellaneous
  • General Provisions
  • Time is of the Essence
  • REMEDIES
  • No Waiver of Sovereign Immunity by County

Sub-Clauses

  • Notices
  • Severability
  • Interpretation
  • Amendments
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