Common use of Liability of the Transferor Clause in Contracts

Liability of the Transferor. Except to the extent otherwise provided in this Agreement or in the other Transaction Documents, the Transferor 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 17 contracts

Samples: Trust Agreement (CWABS Revolving Home Equity Loan Trust Series, 2004-R), Trust Agreement (CWHEQ Revolving Home Equity Loan Asset Backed Notes, Series 2005-G), Trust Agreement (CWHEQ Revolving Home Equity Loan Asset Backed Notes, Series 2005-H)

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Liability of the Transferor. Except to the extent otherwise provided in this Trust Agreement or in the other Transaction Documents, the Transferor 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 11 contracts

Samples: Trust Agreement (CWABS Revolving Home Equity Loan Trust, Series 2004-M), Trust Agreement (CWABS Revolving Home Equity Loan Trust, Series 2004-E), Trust Agreement (CWABS Revolving Home Equity Loan Trust, Series 2004-O)

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Liability of the Transferor. Except to the extent otherwise provided in this Master Trust Agreement or in the other Transaction Documents, the Transferor 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 7 contracts

Samples: Master Trust Agreement (Cwabs Inc), Master Trust Agreement (Cwabs Inc Revolving Home Equity Loan Notes Series 2004-C), Master Trust Agreement (Cwabs Inc Revolving Home Eq Loan Ast Back Notes Ser 2003-D)

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