Recourse Indebtedness
Recourse Indebtedness. Shall mean, with respect to any Person, on any date of determination, the amount of Indebtedness for which such Person has recourse liability (such as through a guarantee agreement), exclusive of any such Indebtedness for which such recourse liability is limited to obligations relating to or under agreements containing customary nonrecourse carve-outs.
Recourse Indebtedness. All Indebtedness other than Non-Recourse Indebtedness and Securitization Indebtedness.
Found in
Ready Capital Corp contract
Recourse Indebtedness. Shall mean the sum of AG MIT's recourse financing liabilities per its consolidated balance sheet, excluding any financing liabilities associated with U.S. Treasury securities.
Recourse Indebtedness. Means Indebtedness of a consolidated Subsidiary of Guarantor for which Guarantor has provided a payment guarantee.
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