Liability of the Certificateholder. The Certificateholder and holders of beneficial interests in the Certificate 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 3 contracts
Samples: Trust Agreement (Ally Wholesale Enterprises LLC), Trust Agreement (Wholesale Auto Receivables LLC), Trust Agreement (SWIFT Master Auto Receivables Trust)
Liability of the Certificateholder. The Certificateholder and holders of beneficial interests in the Certificate shall be entitled to the same limitation of personal liability extended to stockholders of private corporations for profit organized under the General Corporation Law general corporation law of the State of Delaware.
Appears in 1 contract
