Corporate Obligation. No director, officer, employee or agent of any party shall be individually liable to any other party for the taking of any action, or for refraining to take any action, in good faith pursuant to this Agreement. The Agreement is a corporate obligation and any liability arising hereunder shall be a corporate liability.
Appears in 8 contracts
Samples: Origination Responsibility Agreement (Collegiate Funding Services Inc), Consolidation Loan Origination Responsibility Agreement (Collegiate Funding Services Inc), Consolidation Loan Origination Responsibility Agreement (Collegiate Funding Services Inc)
