Administrator’s Liability. Except as otherwise provided herein, the Administrator assumes no liability other than to render or stand ready to render the services called for herein, and neither the Administrator nor any of its members, managers, officers, employees, subsidiaries or affiliates shall be responsible for any action of the Issuer or any of the members, managers, officers, employees, subsidiaries or affiliates of the Issuer (other than the Administrator itself). The Administrator shall not be liable for nor shall it have any obligation with regard to any of the liabilities, whether direct or indirect, absolute or contingent of the Issuer or any of the members, managers, officers, employees, subsidiaries or affiliates of the Issuer (other than the Administrator itself).
Appears in 41 contracts
Samples: Administration Agreement (Cleco Power LLC), Administration Agreement (Cleco Power LLC), Administration Agreement
Administrator’s Liability. (a) Except as otherwise provided herein, the Administrator assumes no liability other than to render or stand ready to render the services called for herein, and neither the Administrator nor any of its members, managers, officers, employees, subsidiaries employees or affiliates shall be responsible for any action of the Issuer or any of the members, managers, officers, employees, subsidiaries employees or affiliates of the Issuer (other than the Administrator itself). The Administrator shall not be liable for nor shall it have any obligation with regard to any of the liabilities, whether direct or indirect, absolute or contingent contingent, of the Issuer or any of the members, managers, officers, employees, subsidiaries employees or affiliates of the Issuer (other than the Administrator itself).
Appears in 14 contracts
Samples: Administration Agreement (Duke Energy Progress SC Storm Funding LLC), Administration Agreement (Duke Energy Progress SC Storm Funding LLC), Administration Agreement (Duke Energy Progress SC Storm Funding LLC)
Administrator’s Liability. Except as otherwise provided herein, the Administrator assumes no liability other than to render or stand ready to render the services called for herein, and neither the Administrator nor any of its membersshareholders, managersdirectors, officers, employees, subsidiaries or affiliates shall be responsible for any action of the Issuer or any of the members, managers, officers, employees, subsidiaries or affiliates of the Issuer (other than the Administrator itself). The Administrator shall not be liable for nor shall it have any obligation with regard to any of the liabilities, whether direct or indirect, absolute or contingent contingent, of the Issuer or any of the members, managers, officers, employees, subsidiaries or affiliates of the Issuer (other than the Administrator itself).
Appears in 8 contracts
Samples: Administration Agreement (DTE Electric Securitization Funding II LLC), Administration Agreement (DTE Electric Securitization Funding II LLC), Administration Agreement (DTE Electric Securitization Funding II LLC)
Administrator’s Liability. Except as otherwise provided herein, the Administrator assumes no liability other than to render or stand ready to render the services called for herein, and neither the Administrator nor any of its members, managers, officers, employees, subsidiaries or affiliates shall be responsible for any action of the Bond Issuer or any of the members, managers, officers, employees, subsidiaries or affiliates of the Bond Issuer (other than the Administrator itself). The Administrator shall not be liable for nor shall it have any obligation with regard to any of the liabilities, whether direct or indirect, absolute or contingent of the Bond Issuer or any of the members, managers, officers, employees, subsidiaries or affiliates of the Bond Issuer (other than the Administrator itself).
Appears in 5 contracts
Samples: Administration Agreement, Administration Agreement (FirstEnergy Ohio PIRB Special Purpose Trust 2013), Administration Agreement (FirstEnergy Ohio PIRB Special Purpose Trust 2013)
Administrator’s Liability. Except as otherwise provided herein, the Administrator assumes no liability other than to render or stand ready to render the services called for herein, and neither the Administrator nor any of its members, managersdirectors, officers, employees, subsidiaries or affiliates shall be responsible for any action of the Issuer or any of the members, managers, officers, employees, subsidiaries or affiliates of the Issuer (other than the Administrator itself). The Administrator shall not be liable for nor shall it have any obligation with regard to any of the liabilities, whether direct or indirect, absolute or contingent of the Issuer or any of the members, managers, officers, employees, subsidiaries or affiliates of the Issuer (other than the Administrator itself).
Appears in 5 contracts
Samples: Administration Agreement (SIGECO Securitization I, LLC), Administration Agreement (SIGECO Securitization I, LLC), Administration Agreement (SIGECO Securitization I, LLC)
Administrator’s Liability. Except as otherwise provided herein, the Administrator assumes no liability other than to render or stand ready to render the services called for herein, and neither the Administrator nor any of its members, managers, officers, employees, subsidiaries employees or affiliates Affiliates shall be responsible for any action of the Issuer or any of the members, managers, officers, employees, subsidiaries employees or affiliates Affiliates of the Issuer (other than the Administrator itself). The Administrator shall not be liable for nor shall it have any obligation with regard to any of the liabilities, whether direct or indirect, absolute or contingent contingent, of the Issuer or any of the members, managers, officers, employees, subsidiaries employees or affiliates Affiliates of the Issuer (other than the Administrator itself).
Appears in 3 contracts
Samples: Administration Agreement (PNM Energy Transition Bond Co I, LLC), Administration Agreement (PNM Energy Transition Bond Co I, LLC), Administration Agreement (PNM Energy Transition Bond Co I, LLC)
Administrator’s Liability. Except as otherwise provided herein, the Administrator assumes no liability other than to render or stand ready to render the services called for herein, and neither the Administrator nor any of its membersshareholders, managersdirectors, officers, employees, subsidiaries or other affiliates shall be responsible for any action of the Issuer or any of the members, managers, officers, employees, subsidiaries employees or affiliates of the Issuer (other than the Administrator itself). The Administrator shall not be liable for nor shall it have any obligation with regard to any of the liabilities, whether direct or indirect, absolute or contingent contingent, of the Issuer or any of the members, managers, officers, employees, subsidiaries employees or affiliates of the Issuer (other than the Administrator itself).
Appears in 3 contracts
Samples: Administration Agreement (Consumers 2023 Securitization Funding LLC), Administration Agreement (Consumers 2023 Securitization Funding LLC), Administration Agreement (Consumers 2023 Securitization Funding LLC)
Administrator’s Liability. Except as otherwise provided herein, the Administrator assumes no liability other than to render or stand ready to render the services called for herein, and neither the Administrator nor any of its members, managers, officers, employees, subsidiaries employees or affiliates shall be responsible for any action of the Issuer or any of the members, managers, officers, employees, subsidiaries employees or affiliates of the Issuer (other than the Administrator itself). The Administrator shall not be liable for nor shall it have any obligation with regard to any of the liabilities, whether direct or indirect, absolute or contingent contingent, of the Issuer or any of the members, managers, officers, employees, subsidiaries employees or affiliates of the Issuer (other than the Administrator itself).
Appears in 3 contracts
Samples: Administration Agreement (Consumers Energy Co), Administration Agreement (Consumers Energy Co), Administration Agreement (Consumers 2014 Securitization Funding LLC)
Administrator’s Liability. Except as otherwise provided herein, the Administrator assumes no liability other than to render or stand ready to render the services called for herein, and neither the Administrator nor any of its membersshareholders, managersdirectors, officers, employeessubsidiaries, subsidiaries other affiliates or affiliates other employees shall be responsible for any action of the Issuer or any of the members, managers, officers, employees, subsidiaries other affiliates or affiliates other employees of the Issuer (other than the Administrator itself). The Administrator shall not be liable for for, nor shall it have any obligation with regard to to, any of the liabilities, whether direct or indirect, absolute or contingent contingent, of the Issuer or any of the members, managers, officers, employees, subsidiaries other affiliates or affiliates other employees of the Issuer (other than the Administrator itself).
Appears in 3 contracts
Samples: Administration Agreement (Virginia Power Fuel Securitization, LLC), Administration Agreement (Virginia Power Fuel Securitization, LLC), Administration Agreement (Virginia Power Fuel Securitization, LLC)
Administrator’s Liability. Except as otherwise provided herein, the Administrator assumes no liability other than to render or stand ready to render the services called for herein, and neither the Administrator nor any of its membersshareholders, managersdirectors, officers, employees, subsidiaries or affiliates Affiliates shall be responsible for any action of the Issuer or any of the members, managers, officersManagers, employees, subsidiaries or affiliates Affiliates of the Issuer (other than the Administrator itself). The Administrator shall not be liable for nor shall it have any obligation with regard to any of the liabilities, whether direct or indirect, absolute or contingent of the Issuer or any of the members, managers, officersManagers, employees, subsidiaries or affiliates Affiliates of the Issuer (other than the Administrator itself).
Appears in 3 contracts
Samples: Administration Agreement (JCP&L Transition Funding II LLC), Administration Agreement (JCP&L Transition Funding II LLC), Administration Agreement (Jcp&l Transition Funding LLC)
Administrator’s Liability. Except as otherwise provided herein, the Administrator assumes no liability other than to render or stand ready to render the services called for herein, and neither the Administrator nor any of its shareholders, members, directors, managers, officers, employees, subsidiaries or affiliates Affiliates shall be responsible for any action of the Issuer or any of the members, managers, officers, employees, subsidiaries or affiliates Affiliates of the Issuer (other than the Administrator itself). The Administrator shall not be liable for nor shall it have any obligation with regard to any of the liabilities, whether direct or indirect, absolute or contingent or otherwise, of the Issuer or any of the members, managers, officers, employees, subsidiaries or affiliates of the Issuer (other than the Administrator itself).
Appears in 2 contracts
Samples: Administration Agreement (Oncor Electric Delivery Transition Bond Co LLC), Administration Agreement (Oncor Electric Delivery Transition Bond Co LLC)
Administrator’s Liability. Except as otherwise provided herein, the Administrator assumes no liability other than to render or stand ready to render the services called for herein, and neither the Administrator nor any of its members, managers, officers, employees, subsidiaries or affiliates shall be responsible for any action of the Issuer or any of the membersshareholders, managersdirectors, officers, employees, subsidiaries or affiliates of the Issuer (other than the Administrator itself). The Administrator shall not be liable for nor shall it have any obligation with regard to any of the liabilities, whether direct or indirect, absolute or contingent of the Issuer or any of the members, managers, officers, employees, subsidiaries or affiliates of the Issuer (other than the Administrator itself).
Appears in 2 contracts
Samples: Administration Agreement (RSB Bondco LLC), Administration Agreement (RSB Bondco LLC)
Administrator’s Liability. Except as otherwise provided herein, the Administrator assumes no liability other than to render or stand ready to render the services called for herein, and neither the Administrator nor any of its membersshareholders, managersdirectors, officers, employees, subsidiaries or affiliates Affiliates shall be responsible for any action of the Issuer or any of the membersMember, managersSpecial Members, officersManagers, employees, subsidiaries or affiliates Affiliates of the Issuer (other than the Administrator itself)Issuer. The Administrator shall not be liable for nor shall it have any obligation with regard to any of the liabilities, whether direct or indirect, absolute or contingent of the Issuer or any of the membersMember, managersSpecial Members, officersManagers, employees, subsidiaries or affiliates Affiliates of the Issuer (other than the Administrator itself)Issuer.
Appears in 2 contracts
Samples: Administration Agreement (Detroit Edison Securitization Funding LLC), Administration Agreement (Detroit Edison Securitization Funding LLC)
Administrator’s Liability. Except as otherwise provided herein, the Administrator assumes no liability other than to render or stand ready to render the services called for herein, and neither the Administrator nor any of its members, managers, directors, officers, employees, subsidiaries or affiliates shall be responsible for any action of the Issuer or any of the members, managers, officers, employees, subsidiaries or affiliates of the Issuer (other than the Administrator itself). The Administrator shall not be liable for nor shall it have any obligation with regard to any of the liabilities, whether direct or indirect, absolute or contingent of the Issuer or any of the members, managers, officers, employees, subsidiaries or affiliates of the Issuer (other than the Administrator itself).
Appears in 2 contracts
Samples: Administration Agreement (Atmos Energy Kansas Securitization I, LLC), Administration Agreement (Atmos Energy Kansas Securitization I, LLC)
Administrator’s Liability. (a) Except as otherwise provided herein, the Administrator assumes no liability other than to render or stand ready to render the services called for herein, and neither the Administrator nor any of its membersshareholders, managersdirectors, officers, employees, subsidiaries or affiliates Affiliates shall be responsible for any action of the Issuer or any of the membersMember, managersSpecial Members, officersManagers, employees, subsidiaries or affiliates Affiliates of the Issuer (other than the Administrator itself)Issuer. The Administrator shall not be liable for nor shall it have any obligation with regard to any of the liabilities, whether direct or indirect, absolute or contingent of the Issuer or any of the membersMember, managersSpecial Members, officersManagers, employees, subsidiaries or affiliates Affiliates of the Issuer (other than the Administrator itself)Issuer.
Appears in 2 contracts
Samples: Administration Agreement (FPL Recovery Funding LLC), Form of Administration Agreement (Florida Power & Light Co)
Administrator’s Liability. Except as otherwise provided herein, the Administrator assumes no liability other than to render or stand ready to render the services called for herein, and neither the Administrator nor any of its membersshareholders, managersdirectors, officers, employees, subsidiaries or affiliates shall be responsible for any action of the Issuer or any of the members, managers, officers, employees, subsidiaries or affiliates of the Issuer (other than the Administrator itself). The Administrator shall not be liable for nor shall it have any obligation with regard to any of the liabilities, whether direct or indirect, absolute or contingent of the Issuer or any of the members, managers, officers, employees, subsidiaries or affiliates of the Issuer (other than the Administrator itself).
Appears in 1 contract
Samples: Administration Agreement (Reliant Energy Transition Bond Co LLC)
Administrator’s Liability. Except as otherwise provided herein, the ------------------------- Administrator assumes no liability other than to render or stand ready to render the services called for herein, and neither the Administrator nor any of its membersshareholders, managersdirectors, officers, employees, subsidiaries or affiliates Affiliates shall be responsible for any action of the Issuer or any of the members, managers, officersManagers, employees, subsidiaries or affiliates Affiliates of the Issuer (other than the Administrator itself). The Administrator shall not be liable for nor shall it have any obligation with regard to any of the liabilities, whether direct or indirect, absolute or contingent of the Issuer or any of the members, managers, officersManagers, employees, subsidiaries or affiliates Affiliates of the Issuer (other than the Administrator itself).
Appears in 1 contract
Samples: Administration Agreement (Jcp&l Transition Funding LLC)
Administrator’s Liability. Except as otherwise provided herein, the ------------------------- Administrator assumes no liability other than to render or stand ready to render the services called for herein, and neither the Administrator nor any of its shareholders, members, directors, managers, officers, employees, subsidiaries or affiliates shall be responsible for any action of the Issuer or any of the members, managers, officers, employees, subsidiaries or affiliates of the Issuer (other than the Administrator itself). The Administrator shall not be liable for nor shall it have any obligation with regard to any of the liabilities, whether direct or indirect, absolute or contingent of the Issuer or any of the members, managers, officers, employees, subsidiaries or affiliates of the Issuer (other than the Administrator itself).
Appears in 1 contract
Samples: Administration Agreement (Reliant Energy Transition Bond Co LLC)
