Liability of each Transferor. Each Transferor shall be severally, and not jointly, liable for all obligations, covenants, representations and warranties of such Transferor arising under or related to this Agreement. Except as provided in the preceding sentence, each Transferor shall be liable only to the extent of the obligations specifically undertaken by it in its capacity as a Transferor.
Appears in 24 contracts
Samples: Transfer and Servicing Agreement (Signet Jewelers LTD), Transfer and Servicing Agreement (HSBC Credit Card Master Note Trust (Usa) I), Transfer and Servicing Agreement (HSBC Private Label Credit Card Master Note Trust (Usa) I)
Liability of each Transferor. Each Transferor shall be severally, and not jointly, liable for all obligations, covenants, representations and warranties of such Transferor arising under or related to this Agreement. Except as provided in the preceding sentence, each Each Transferor shall be liable only to the extent of the obligations specifically undertaken by it in its capacity as a Transferor.
Appears in 15 contracts
Samples: Third Amended and Restated Transfer Agreement, Transfer Agreement (American Express Receivables Financing Corp VIII LLC), Transfer Agreement (American Express Receivables Financing Corp VIII LLC)
Liability of each Transferor. Each Transferor shall be severally, and not jointly, liable for all obligations, covenants, representations and warranties of such Transferor arising under or related to this AgreementAgreement or any Supplement. Except as provided in the preceding sentence, each Transferor shall be liable only to the extent of the obligations specifically undertaken by it in its capacity as a Transferor.
Appears in 11 contracts
Samples: Pooling and Servicing Agreement, Pooling and Servicing Agreement (American Express Receivables Financing Corp Iv LLC), Pooling and Servicing Agreement (American Express Credit Account Master Trust)
Liability of each Transferor. Each Transferor shall be severally, and not jointly, liable for all obligations, covenants, representations and warranties of such Transferor and its Predecessor Transferor arising under or related to this AgreementAgreement or any Supplement. Except as provided in the preceding sentence, each Transferor shall be liable only to the extent of the obligations specifically undertaken by it in its capacity as a Transferor.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (At&t Universal Funding Corp)
Liability of each Transferor. Each Transferor shall be ---------------------------- severally, and not jointly, liable for all obligations, covenants, representations and warranties of such Transferor arising under or related to this Agreement. Except as provided in the preceding sentence, each Transferor shall be liable only to the extent of the obligations specifically undertaken by it in its capacity as a Transferor.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Household Credit Card Master Note Trust I)
Liability of each Transferor. Each Transferor shall be ---------------------------- severally, and not jointly, liable for all obligations, covenants, representations and warranties of such Transferor arising under or related to this Agreement, the Indenture or any Indenture Supplement. Except as provided in the preceding sentence, each Transferor shall be liable only to the extent of the obligations specifically undertaken by it in its capacity as a Transferor.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Household Credit Card Master Note Trust I)
