Liability of Transferor; Indemnities Sample Clauses

Liability of Transferor; Indemnities. The Transferor shall be liable in accordance herewith only to the extent of the obligations specifically undertaken by the Transferor under this Agreement.
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Liability of Transferor; Indemnities. 38 SECTION 11.03 Merger or Consolidation of, or Assumption of the Obligations of Transferor........................................................ 38 SECTION 11.04 Limitation on Liability of Transferor and Others.................. 39 TRUST AND SERVICING AGREEMENT
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Liability of Transferor; Indemnities. 42 SECTION 6.03. Merger or Consolidation of, or Assumption of the Obligations of, Transferor.................................................... 42 SECTION 6.04. Limitation on Liability of Transferor and Others.............. 43 SECTION 6.05. Transferor May Own Notes...................................... 43 SECTION 6.06.
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Liability of Transferor; Indemnities. (a) The Transferor shall be liable in accordance with this Securitization Trust Agreement only to the extent of the obligations in this Securitization Trust Agreement specifically undertaken by the Transferor in such capacity under this Securitization Trust Agreement and shall have no other obligations or liabilities hereunder.
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Liability of Transferor; Indemnities. 11 Section 5.02. Merger or Consolidation of, or Assumption of the Obligations of, Transferor 13 Section 5.03. Limitation on Liability of Transferor and Others 13 Section 5.04. Opinions of Counsel 13 ARTICLE VI Miscellaneous Provisions Section 6.01. Amendment 14 Section 6.02. Notices 14 Section 6.03. Assignment 16 Section 6.04. Limitations on Rights of Others 16 Section 6.05. Severability 16 Section 6.06. Separate Counterparts 16 Section 6.07. Headings 17 Section 6.08. Governing Law 17 Section 6.09. Assignment to Issuer and to Indenture Trustee 17 Section 6.10. Nonpetition Covenant 17 Section 6.11. Perfection 17 Section 6.12. Limitation of Liability 18 Exhibit A Pending Litigation Appendix A Master Definitions ENVIRONMENTAL CONTROL PROPERTY TRANSFER AGREEMENT dated as of April 11, 2007 (as amended, restated, supplemented or otherwise modified from time to time, “this Agreement”), between PE RENAISSANCE FUNDING, LLC, a Delaware limited liability company (the “Seller”), and THE POTOMAC EDISON COMPANY, a Virginia and Maryland corporation, and its successors in interest to the extent permitted hereunder, as Transferor (the “Transferor”).
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Liability of Transferor; Indemnities. The Transferor shall be liable in accordance with this Agreement only to the extent of the obligations in this Agreement specifically undertaken by the Transferor in such capacity under this Agreement and shall have no other obligations or liabilities hereunder. The Transferor agrees, on demand, to indemnify and defend the Owner Trustee and its directors, officers, employees, agents, successors and assigns against, and hold each of them harmless from, any liability, costs and expenses (including reasonable attorneys' fees) that may arise out of or in connection with the Owner Trustee acting as Owner Trustee under this Trust Agreement, except for any liability arising out of the negligence, bad faith or willful misconduct on the part of any such person or persons; provided, however, that in the event any person alleges such negligence, bad faith or willful misconduct, the indemnification provided for herein shall nonetheless be paid on demand, subject to later adjustment or reimbursement when and if a court of competent jurisdiction enters a final judgment as to the extent of such negligence, bad faith or willful misconduct.
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Liability of Transferor; Indemnities. 63 SECTION 7A.4. Limitation on Liability of Transferor and Others..............63 SECTION 7A.5. Transferor May Own Certificates or Notes......................64 ARTICLE VII -B The Depositor
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Related to Liability of Transferor; Indemnities

  • Liability of Depositor; Indemnities (a) The Depositor shall be liable in accordance herewith only to the extent of the obligations specifically undertaken by the Depositor under this Agreement.

  • Liability of Seller; Indemnities The Seller shall be liable in accordance herewith only to the extent of the obligations specifically undertaken by the Seller under this Agreement.

  • Liability of Servicer; Indemnities (a) The Servicer (in its capacity as such) shall be liable hereunder only to the extent of the obligations in this Agreement specifically undertaken by the Servicer and the representations made by the Servicer.

  • LIABILITY OF THE SELLER; INDEMNITIES The Seller shall be liable in accordance herewith only to the extent of the obligations specifically undertaken by the Seller under these Master Sale Terms and each related Sale Agreement.

  • Liability of Administrator; Indemnities (a) The Administrator shall be liable in accordance herewith only to the extent of the obligations specifically undertaken by the Administrator under this Agreement.

  • Liability of Servicer; Indemnification (a) The Servicer shall not be relieved of its obligations under this Agreement notwithstanding any Sub-Servicing Agreement or any of the provisions of this Agreement relating to agreements or arrangements between the Servicer and a Sub-Servicer and the Servicer shall be obligated to the same extent and under the same terms and conditions as if it alone were servicing and administering the Home Equity Loans. The Servicer shall be entitled to enter into any agreement with a Sub-Servicer for indemnification of the Servicer by such Sub-Servicer and nothing contained in such Sub-Servicing Agreement shall be deemed to limit or modify this Agreement.

  • Liability of Trustee In exercising the rights and powers of the Trustee, the Trustee will exercise any rights and powers in the Trustee’s best judgment; provided, however, the Trustee shall not be liable for any action taken by such Trustee or the Trustee’s agent, except for liability arising from the Trustee’s bad faith, wilful misconduct or gross negligence. The Trustee shall not be required to give any bond or other security for the discharge of the Trustee’s duties.

  • Limitation of Liability of Trustee It is expressly understood and agreed by the parties hereto that (a) this Agreement is executed and delivered by Wilmington Trust Company (“WTC”), not individually or personally but solely as Trustee of the Trust, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Trust is made and intended not as personal representations, undertakings and agreements by WTC but is made and intended for the purpose of binding only the Trust, (c) nothing herein contained shall be construed as creating any liability on WTC, individually or personally, to perform any covenant either expressed or implied contained herein of the Trust, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) WTC has not verified and has made no investigation as to the accuracy or completeness of any representations and warranties made by the Trust in this Agreement and (e) under no circumstances shall WTC be personally liable for the payment of any indebtedness or expenses of the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Trust under this Agreement or any other related documents.

  • Liability of Custodian The Custodian shall be liable for the acts or omissions of a Foreign Sub-Custodian to the same extent as set forth with respect to sub-custodians generally in this Agreement and, regardless of whether assets are maintained in the custody of a Foreign Sub-Custodian or a Foreign Securities System, the Custodian shall not be liable for any loss, damage, cost, expense, liability or claim resulting from nationalization, expropriation, currency restrictions, or acts of war or terrorism, or any other loss where the Sub-Custodian has otherwise acted with reasonable care.

  • Liability of DFAL Except as provided by the next sentence, DFAL shall not be liable for any error of judgment or of law or for any loss suffered by the Fund in connection with the matters to which this Agreement relates, except loss resulting from willful misfeasance, bad faith or gross negligence on the part of DFAL in the performance of its obligations and duties or by reason of its reckless disregard of its obligations and duties under this Agreement. The foregoing sentence does not apply to any liability which DFAL may have arising out of the execution by it or any of its employees, officers or agents of portfolio transactions for the Fund.

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