Common use of CERTIFICATEHOLDERS TO ASSUME LIABILITY Clause in Contracts

CERTIFICATEHOLDERS TO ASSUME LIABILITY. To the extent not paid by the Trust pursuant to Section 5.01(a) hereof and to the fullest extent permitted by applicable law, the Certificateholders, pro rata based on their respective Percentage Interests, shall pay or cause to be paid (or reimburse the Delaware Trustee for) (a) all reasonable fees and expenses of the Delaware Trustee required to be paid or reimbursed under Section 8.01 hereof and (b) all amounts required to be paid pursuant to Section 8.02 hereof. The liabilities and indemnities contained in this Section 8.03 are for the benefit of the Delaware Trustee, in its individual capacity, and its officers, directors and employees, and shall not be construed as imposing any liabilities on any Certificateholder or any affiliate thereof for any expense or liability of the Trust to third parties. Neither the Certificateholders nor the Issuer Administrator shall have liabilities for the expenses and liabilities of the Trust (except as otherwise provided in this Trust Agreement with respect to the Delaware Trustee, in its individual capacity) and all such expenses and liabilities shall be payable solely from the Trust Estate.

CERTIFICATEHOLDERS TO ASSUME LIABILITY. To the extent not paid by the Trust pursuant to Section 5.01(a) hereof and to the fullest extent permitted by applicable law, the Certificateholders, pro rata based on their respective Percentage Interests, shall pay or cause to be paid (or reimburse the Delaware Trustee for) (a) all reasonable fees and expenses of the Delaware Trustee required to be paid or reimbursed under Section 8.01 hereof and (b) all amounts required to be paid pursuant to Section 8.02 hereof. The liabilities and indemnities contained in this Section 8.03 are for the benefit of the Delaware Trustee, in its individual capacity, and its officers, directors and employees, and shall not be construed as imposing any liabilities on any Certificateholder or any affiliate thereof for any expense or liability of the Trust to third parties. Neither the Certificateholders nor the Issuer Administrator shall have liabilities for the expenses and liabilities of the Trust (except as otherwise provided in this Trust Agreement with respect to the Delaware Trustee, in its individual capacity) and all such expenses and liabilities shall be payable solely from the Trust Estate.

CERTIFICATEHOLDERS TO ASSUME LIABILITY. To the extent not paid by the Trust pursuant to Section 5.01(a) hereof and to the fullest extent permitted by applicable law, the Certificateholders, pro rata based on their respective Percentage Interests, shall pay or cause to be paid (or reimburse the Delaware Trustee for) (a) all reasonable fees and expenses of the Delaware Trustee required to be paid or reimbursed under Section 8.01 hereof and (b) all amounts required to be paid pursuant to Section 8.02 hereof. The liabilities and indemnities contained in this Section 8.03 are for the benefit of the Delaware Trustee, in its individual capacity, and its officers, directors and employees, and shall not be construed as imposing any liabilities on any Certificateholder or any affiliate Affiliate thereof for any expense or liability of the Trust to third parties. Neither the Certificateholders nor the Issuer Administrator shall have liabilities for the expenses and liabilities of the Trust (except as otherwise provided in this Trust Agreement with respect to the Delaware Trustee, in its individual capacity) and all such expenses and liabilities shall be payable solely from the Trust Estate.