Common use of Harvest Trustee Clause in Contracts

Harvest Trustee. The parties hereto acknowledge that the Harvest Trustee is entering into this Agreement solely in its capacity as trustee on behalf of the Trust and the obligations of the Trust hereunder shall not be personally binding upon the Harvest Trustee or any of the unitholders of the Trust and that any recourse against the Harvest Trustee or any unitholder in any manner in respect of any indebtedness, obligation or liability of the Trust arising hereunder or in connection herewith or from the matters to which this Agreement relates, if any, including without limitation claims based on negligence or other tortious behavior, shall be limited to, and satisfied only out of, the Trust Fund, as defined in the Harvest Trust Indenture.

Appears in 9 contracts

Samples: Registration Rights Agreement (Harvest Breeze Trust No. 2), Registration Rights Agreement (Harvest Sask Energy Trust), Registration Rights Agreement (1115638 Alberta LTD)

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Harvest Trustee. The parties hereto acknowledge that the Harvest Trustee is entering into this Agreement solely in its capacity as trustee on behalf of the Trust and the obligations of the Trust trust hereunder shall not be personally binding upon the Harvest Trustee or any of the unitholders of the Trust and that any recourse against the Harvest Trustee or any unitholder in any manner in respect of any indebtedness, obligation or liability of the Trust arising hereunder or in connection herewith or from the matters to which this Agreement relates, if any, including without limitation claims based on negligence or other tortious tortuous behavior, shall be limited to, and satisfied only out of, the Trust Fund, Fund as defined in the Harvest Trust Indenture.

Appears in 9 contracts

Samples: Purchase Agreement (Harvest Breeze Trust No. 2), Purchase Agreement (Harvest Breeze Trust No. 1), Purchase Agreement (1115650 Alberta LTD)

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