Common use of LIABILITY OF TRUSTEE LIMITED TO ITS RIGHT OF INDEMNITY Clause in Contracts

LIABILITY OF TRUSTEE LIMITED TO ITS RIGHT OF INDEMNITY. (i) This Series Notice applies to the Trustee only in its capacity as trustee of the Trust and in no other capacity. A liability arising under or in connection with this Series Notice or the Trust can be enforced against the Trustee only to the extent to which it can be satisfied out of property of the Trust out of which the Trustee is actually indemnified for the liability. This limitation of the Trustee's liability applies despite any other provision of this Series Notice and extends to all liabilities and obligations of the Trustee in any way connected with any representation, warranty, conduct, omission, agreement or transaction related to this Series Notice or the Trust.

LIABILITY OF TRUSTEE LIMITED TO ITS RIGHT OF INDEMNITY. (i) This Series Notice applies to the Trustee only in its capacity as trustee of the Warehouse Trust and in no other capacity. A liability arising under or in connection with this Series Notice or the Warehouse Trust can be enforced against the Trustee only to the extent to which it can be satisfied out of property of the Warehouse Trust out of which the Trustee is actually indemnified for the liability. This limitation of the Trustee's liability applies despite any other provision of this Series Notice and extends to all liabilities and obligations of the Trustee in any way connected with any representation, warranty, conduct, omission, agreement or transaction related to this Series Notice or the Warehouse Trust.