Common use of LIMITATION OF LIABILITY OF DELAWARE TRUSTEE Clause in Contracts

LIMITATION OF LIABILITY OF DELAWARE TRUSTEE. Notwithstanding anything contained herein to the contrary, this instrument has been executed by Xxxxx Fargo Delaware Trust Company, not in its individual capacity, but solely in its capacity as Delaware Trustee, and in no event shall Xxxxx Fargo Delaware Trust Company in its individual capacity or any beneficial owner of the Purchaser have any liability for the representations, warranties, covenants, agreements or other obligations of the Purchaser hereunder, as to all of which recourse shall be had solely to the assets of the Purchaser.

Appears in 4 contracts

Samples: Loan Purchase Agreement (Nelnet Student Loan Trust 2006-1), Loan Purchase Agreement (Nelnet Student Loan Trust 2005-3), Loan Purchase Agreement (Nelnet Student Loan Trust 2006-2)

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LIMITATION OF LIABILITY OF DELAWARE TRUSTEE. Notwithstanding anything contained herein to the contrary, this instrument Agreement has been executed by Xxxxx Fargo Delaware Trust Company, not in its individual capacity, but solely in its capacity as Delaware Trustee, and in no event shall Xxxxx Fargo Delaware Trust Company in its individual capacity or any beneficial owner of the Purchaser Trust have any liability for the representations, warranties, covenants, agreements or other obligations of the Purchaser Trust hereunder, as to all of which recourse shall be had solely to the assets of the PurchaserTrust.

Appears in 4 contracts

Samples: Master Servicing Agreement (Nelnet Student Loan Trust 2006-1), Master Servicing Agreement (Nelnet Student Loan Trust 2005-3), Master Servicing Agreement (Nelnet Student Loan Trust 2006-3)

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LIMITATION OF LIABILITY OF DELAWARE TRUSTEE. Notwithstanding anything contained herein to the contrary, this instrument has been executed by Xxxxx Wells Fargo Delaware Trust Company, not in its individual capacity, but solely xxx xolely in its capacity as Delaware Trustee, and in no event shall Xxxxx Wells Fargo Delaware Trust Company in its individual capacity or any beneficial xxxxficial owner of the Purchaser have any liability for the representations, warranties, covenants, agreements or other obligations of the Purchaser hereunder, as to all of which recourse shall be had solely to the assets of the Purchaser.

Appears in 2 contracts

Samples: Loan Purchase Agreement (Nelnet Student Loan Trust 2005-2), Loan Purchase Agreement (Nelnet Student Loan Trust 2005-4)

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