Corporate Obligation. No recourse may be taken, directly or indirectly, against any partner, incorporator, subscriber to the capital stock, stockholder, director, officer or employee of the Transferor, the Servicer, the Back-up Servicer or the Standby Servicer with respect to their respective obligations and indemnities under this Agreement or any certificate or other writing delivered in connection herewith.
Appears in 2 contracts
Samples: Trust and Servicing Agreement (Bay View Transaction Corp), Trust and Servicing Agreement (Bay View Securitization Corp)
Corporate Obligation. No recourse may be taken, directly or indirectly, against any partner, incorporator, subscriber to the capital stocksock, stockholder, director, officer or employee of the Transferor, the Servicer, the Back-up Servicer or the Standby Servicer with respect to their respective obligations and indemnities under this Agreement or any certificate or other writing delivered in connection herewith.
Appears in 2 contracts
Samples: Trust and Servicing Agreement (Bay View Transaction Corp), Trust and Servicing Agreement (Bay View Deposit CORP)
Corporate Obligation. No recourse may be taken, directly or indirectly, against any partner, incorporator, subscriber to the capital stock, stockholder, director, officer or employee of the Transferor, the Servicer, the Master Servicer, the Subservicer or the Back-up Servicer or the Standby Servicer with respect to their respective obligations and indemnities under this Agreement or any certificate or other writing delivered in connection herewith.
Appears in 1 contract
Samples: Sale and Servicing Agreement (United Fidelity Finance LLC)
Corporate Obligation. No recourse may be taken, directly or indirectly, against any partner, incorporator, subscriber to the capital stock, stockholder, director, officer or employee of the Transferor, the Servicer, Servicer or the Back-up Servicer or the Standby Servicer with respect to their respective obligations and indemnities under this Agreement or any certificate or other writing delivered in connection herewith.. Trust and Servicing Agreement 109
Appears in 1 contract
Samples: Trust and Servicing Agreement (Bay View Deposit CORP)