General Provisions Regarding Trust Accounts. The Indenture Trustee shall not in any way be held liable by reason of any insufficiency in any of the Trust Accounts resulting from any loss on any Permitted Investment included therein except for losses attributable to the Indenture Trustee’s failure to make payments on such Permitted Investments issued by the Indenture Trustee, in its commercial capacity as principal obligor and not as trustee, in accordance with their terms.
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Samples: California Republic (California Republic Auto Receivables Trust 2017-1), Indenture (California Republic Auto Receivables Trust 2017-1), California Republic (California Republic Auto Receivables Trust 2016-2)
General Provisions Regarding Trust Accounts. The Indenture Trustee shall not in any way be held liable by reason of any insufficiency in any of either the Trust Accounts Collection Account or the Principal Distribution Account resulting from any loss on any Permitted Investment included therein except for losses attributable to the Indenture Trustee’s failure to make payments on such Permitted Investments issued by the Indenture Trustee, in its commercial capacity as principal obligor and not as trustee, in accordance with their terms.
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Samples: California Republic (California Republic Auto Receivables Trust 2018-1), California Republic (California Republic Auto Receivables Trust 2018-1)
General Provisions Regarding Trust Accounts. The (a) Subject to Section 6.1(c), the Indenture Trustee shall not in -------------- any way be held liable by reason of any insufficiency in any of the Trust Accounts resulting from any loss on any Permitted Eligible Investment included therein except for losses attributable to the Indenture Trustee’s 's failure to make payments on such Permitted Eligible Investments issued by the Indenture Trustee, in its commercial capacity as principal obligor and not as trustee, in accordance with their terms.
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