Recourse Obligation Sample Clauses

Recourse Obligation. This Agreement and the Obligations hereunder are fully recourse to the Borrower. Notwithstanding the foregoing, no recourse under or upon any obligation, covenant, or agreement contained in this Agreement shall be had against (i) any officer, director, shareholder or employee of the Borrower or EOPT (other than pursuant to the Acorn Guaranty (as defined in the EOPT Guaranty)) or (ii) any general partner of Borrower other than EOPT, in each case except in the event of fraud or misappropriation of funds on the part of such officer, director, shareholder or employee or such general partner.

Recourse Obligation. This Agreement and the Obligations hereunder are fully recourse to the Loan Parties. Notwithstanding the foregoing, no recourse under or upon any obligation, covenant, or agreement contained in this Agreement shall be had against any officer, director, shareholder or employee of any Loan Party or any general partner of any Loan Party (other than General Partner as the General Partner of Prologis), in each case except in the event of fraud or misappropriation of funds on the part of such officer, director, shareholder or employee or such general partner.

Recourse Obligation. This Agreement and the Obligations hereunder are fully recourse to the Borrower and to EQR pursuant to the EQR Guaranty and to any Down REIT Guarantor pursuant to any Down REIT Guaranty. Notwithstanding the foregoing, no recourse under or upon any obligation, covenant, or agreement contained in this Agreement shall be had against any officer, director, shareholder or employee of the Borrower or any officer, director, shareholder or employee of EQR except in the event of fraud or misappropriation of funds on the part of such officer, director, shareholder or employee.

Recourse Obligation. This Agreement and the Obligations hereunder are fully recourse to the Borrower and each Qualified Borrower. Notwithstanding the foregoing, no recourse under or upon any obligation, covenant, or agreement contained in this Agreement shall be had against (i) any officer, director, shareholder or employee of the Borrower or EOPT, or (ii) any general partner of Borrower other than EOPT, in each case except in the event of fraud or misappropriation of funds on the part of such officer, director, shareholder or employee or such general partner.

Recourse Obligation. This Agreement and the Obligations hereunder are fully recourse to the Borrowers. Notwithstanding the foregoing, no recourse under or upon any obligation, covenant, or agreement contained in this Agreement shall be had against: (i) any officer, director, shareholder or employee of any Credit Party; or (ii) any general partner of AMB LP other than AMB, in each case except in the event of fraud or misappropriation of funds on the part of such officer, director, shareholder or employee or such general partner.

Recourse Obligation. 98 SECTION 9.15. Confidentiality....................................................... 99 SECTION 9.16. Bank's Failure to Fund................................................ 99 SECTION 9.17.

Recourse Obligation. (a) This Agreement and the Obligations hereunder are fully recourse to the Borrower. Notwithstanding the foregoing, no recourse under or upon any obligation, covenant, or agreement contained in this Agreement shall be had against any officer, director, shareholder or employee of the Borrower or CESRRI except in the event of fraud or misappropriation of funds on the part of such officer, director, shareholder or employee. (b) Subject to the exceptions and qualifications set forth hereinbelow, the general and limited partners of Borrower and any Consolidated Subsidiary shall not be personally liable for the payment of the Obligations of the Borrower and any Consolidated Subsidiary respectively, and any judgment or decree in any action brought to enforce any Obligation shall be enforceable only against the Borrower and any Consolidated Subsidiary and the assets of Borrower and any Consolidated Subsidiary, and any such judgment or decree shall not be subject to execution upon or be a lien upon the assets of the general or limited partners of the Borrower other than their respective partnership interests in Borrower and any Consolidated Subsidiary. Notwithstanding the foregoing, the general partner of Borrower shall be fully and personally liable as general partner for the following: (i) the commission of fraud by the Borrower or any material misrepresentation made by the Borrower in connection with, arising out of, or in any way related or incidental to the application for or closing of this Agreement, the Notes or any advance made thereunder, or any of the Loan Documents executed or delivered in connection herewith or the transactions related hereto or thereto; and (ii) any fraudulent conveyance made by Borrower, CESRRI or any Subsidiary.

Recourse Obligation. 79 Section 9.16 Confidentiality................................................................................. 79 Section 9.17 Legal Rate...................................................................................... 80 Section 9.18

Recourse Obligation. It is the express understanding of the Debtors and Secured Party that any judgment for the repayment of the indebtedness secured hereby or interest thereon will be enforced first against the Collateral and, second, only to the extent that the indebtedness evidenced by the Promissory Note or interest thereon is not satisfied by the Collateral, against the Debtors or either of them personally or any property of the Debtors or either of them to the full extent of such deficiency; in any action to collect any amount payable hereunder or to enforce performance of any of the other provisions of this Agreement; provided, however: