Without Recourse

Example Definitions of "Without Recourse"
Without Recourse. The Seller of Accounts is not obligated to pay or repurchase an Account sold to Allied unless Seller breaches its warranties or representations concerning such Account
Without Recourse. The Seller of Accounts is not obligated to pay or repurchase an Account sold by Seller to Allied Purchaser unless Seller breaches its warranties or representations concerning such Account
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Without Recourse. That the Bank may not re-assign the Debt to the Client and/or may not require the Client to repurchase such Credit Protected Debt, except as expressly provided in this Agreement
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