Common use of General Limitation Clause in Contracts

General Limitation. Each of Xxxxxx Xxx and the Trustee shall be liable under the terms of the Certificates and this Trust Agreement only to the extent it is grossly negligent with respect to its performance of the duties and responsibilities imposed by the terms of the Certificates and this Trust Agreement.

General Limitation. Each of Xxxxxx Xxx and the Trustee shall be liable under the terms of the Certificates and this Trust Agreement only to the extent it is grossly negligent with respect to its performance of the duties and responsibilities imposed by the terms of the Lower Tier Interests, the Certificates and this Trust Agreement.

General Limitation. Each of Xxxxxx Xxx Mae and the Trustee shall be liable under the terms of the Certificates and this Trust Agreement only to the extent it is grossly negligent with respect to its performance of the duties and responsibilities imposed by the terms of the Certificates and this Trust Agreement.

General Limitation. Each of Xxxxxx Xxx Mae and the Trustee shall be liable under the terms of the Certificates and this Trust Agreement only to the extent it is grossly negligent with respect to its of faithful performance of the duties and responsibilities imposed by the terms of the Lower Tier Interests, the Certificates and this Trust Agreement.

General Limitation. Each of Xxxxxx Xxx and the Trustee shall be liable under the terms of the Certificates and this Trust Agreement only to the extent it is grossly negligent with respect to its performance of the duties and responsibilities imposed by the terms of the Lower Tier Interests, the Middle Tier Interests, the Certificates and this Trust Agreement.

General Limitation. Each of Xxxxxx Xxx Mae and the Trustee shall be liable under the terms of the Certificates and this Trust Agreement only to the extent it is grossly negligent with respect to its performance of the duties and responsibilities imposed by the terms of the Lower Tier Interests, the Middle Tier Interests, the Certificates and this Trust Agreement.