Common use of Corporate Obligations Clause in Contracts

Corporate Obligations. No recourse may be taken, directly or indirectly, against any incorporator, subscriber to the capital stock, stockholder, employee, officer or director of the Depositor or the Trustee or of any predecessor or successor of the Depositor or the Trustee with respect to the obligations of the Depositor or the Trustee under this Agreement or any certificate or other writing delivered in connection herewith or therewith.

Corporate Obligations. No recourse may be taken, directly or indirectly, against any incorporator, subscriber to the capital stock, stockholder, employee, officer or director of the Depositor or the Trustee or the Securities Administrator or of any predecessor or successor of the Depositor or the Trustee with respect to the obligations of the Depositor or the Trustee or the Securities Administrator under this Agreement or any certificate or other writing delivered in connection herewith or therewith.