Liability of Owners. The Owners 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 91 contracts
Samples: Trust Agreement (Honda Auto Receivables 2015-4 Owner Trust), Trust Agreement (Honda Auto Receivables 2015-4 Owner Trust), Trust Agreement (Honda Auto Receivables 2015-3 Owner Trust)
Liability of Owners. The Owners (including the Company) 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 40 contracts
Samples: Trust Agreement (DaimlerChrysler Auto Trust 2006-A), Trust Agreement (Daimlerchrysler Auto Trust 2004-B), Trust Agreement (Daimlerchrysler Services North America LLC)
Liability of Owners. The Owners (including the Depositor or any Affiliate thereof) 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 2 contracts
Samples: Trust Agreement (SSB Vehicle Securities Inc), Trust Agreement (SSB Vehicle Securities Inc SSB Auto Loan Trust 2002-1)
