Liability of Beneficiaries. The Holders of the Transferor Interest, including the Holders of Supplemental Interests, if any, shall be entitled to the same limitation of personal liability extended to stockholders of private corporations for profit organized under the General Corporation Law of the State of Delaware.
Appears in 6 contracts
Samples: Trust Agreement (First National Funding LLC), Trust Agreement (First National Funding LLC), Trust Agreement (First National Master Note Trust)
Liability of Beneficiaries. The Holders of the Transferor Interest, including the Holders of Supplemental InterestsCertificates, if any, shall be entitled to the same limitation of personal liability extended to stockholders of private corporations for profit organized under the General Corporation Law of the State of Delaware.
Appears in 1 contract
Samples: Trust Agreement (World Financial Network Credit Card Master Trust)
