Common use of Liability of Owners Clause in Contracts

Liability of Owners. The Residual Interestholder shall not have any personal liability for any liability or obligation of the Trust.

Appears in 4 contracts

Samples: Trust Agreement (Deutsche Recreational Asset Funding Corp), Trust Agreement (Deutsche Recreational Asset Funding Corp), Trust Agreement (Deutsche Recreational Asset Funding Corp)

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Liability of Owners. The Residual Interestholder shall not ------------------- have any personal liability for any liability or obligation of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Deutsche Recreational Asset Funding Corp)

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