Limitation of Liability of Owner Trustee and Indenture Trustee. (a) This Agreement has been signed on behalf of the Issuer by U.S. Bank Trust National Association not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will U.S. Bank Trust National Association in its individual capacity or any beneficial owner of the Issuer have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any of the certificates, notices or agreements delivered pursuant to this Agreement. For all purposes of this Agreement, in the performance of any duties or obligations of the Issuer under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Trust Agreement. (b) This Agreement has been signed by The Bank of New York Mellon, not in its individual capacity but solely as Indenture Trustee. In no event will The Bank of New York Mellon have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any of the certificates, notices or agreements delivered pursuant to this Agreement, as to all of which recourse will be had solely to the assets of the Issuer. For all purposes of this Agreement, the Indenture Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Indenture.
Appears in 33 contracts
Samples: Administration Agreement (Ford Credit Auto Lease Trust 2014-A), Administration Agreement (Ford Credit Auto Lease Trust 2014-A), Administration Agreement (Ford Credit Auto Owner Trust 2014-A)
Limitation of Liability of Owner Trustee and Indenture Trustee. (a) This Agreement Notwithstanding anything contained herein to the contrary, this instrument has been signed on behalf of the Issuer by U.S. The Bank Trust National Association of New York not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In Issuer and in no event will U.S. shall The Bank Trust National Association of New York in its individual capacity or any beneficial owner of the Issuer have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any hereunder, as to all of which recourse shall be had solely to the assets of the certificates, notices or agreements delivered pursuant to this AgreementIssuer. For all purposes of this Agreement, in the performance of any duties or obligations of the Issuer under this Agreementhereunder, the Owner Trustee will shall be subject to, and entitled to the benefits of, the terms and provisions of the Trust Agreement.
(b) This Notwithstanding anything contained herein to the contrary, this Agreement has been signed countersigned by The Chase Manhattan Bank of New York Mellon, not in its individual capacity but solely as Indenture Trustee. In Trustee and in no event will shall The Chase Manhattan Bank of New York Mellon have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement hereunder or in any of the certificates, notices or agreements delivered pursuant to this Agreementhereto, as to all of which recourse will shall be had solely to the assets of the Issuer. For all purposes of this Agreement, the Indenture Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Indenture.
Appears in 14 contracts
Samples: Administration Agreement (Ford Credit Auto Receivables Two LLC), Administration Agreement (Ford Credit Auto Receivables Two L P), Administration Agreement (Ford Credit Auto Receivables Two L P)
Limitation of Liability of Owner Trustee and Indenture Trustee. (a) This Notwithstanding anything contained herein to the contrary, this Agreement has been signed on behalf of the Issuer executed by U.S. Bank Wilmington Trust National Association Company, not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In , and in no event will U.S. Bank shall Wilmington Trust National Association Company in its individual capacity or any beneficial owner of the Issuer have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any hereunder, as to all of which recourse shall be had solely to the assets of the certificates, notices or agreements delivered pursuant to this AgreementIssuer. For all purposes of this Agreement, in the performance of any duties or obligations of the Issuer under this Agreementhereunder, the Owner Trustee will shall be subject to, and entitled to the benefits of, the terms and provisions of Articles Six, Seven and Eight of the Trust Agreement.
(b) This Notwithstanding anything contained herein to the contrary, this Agreement has been signed executed by The Bank of New York MellonTrust Company, N.A., not in its individual capacity but solely as Indenture Trustee. In , and in no event will shall The Bank of New York Mellon Trust Company, N.A. have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement hereunder or in any of the certificates, notices or agreements delivered pursuant to this Agreementhereto, as to all of which recourse will shall be had solely to the assets of the Issuer. For all purposes of this Agreement, the Indenture Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Indenture.
Appears in 12 contracts
Samples: Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2007-3), Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2005-4), Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2006-3)
Limitation of Liability of Owner Trustee and Indenture Trustee. (a) This Notwithstanding anything contained herein to the contrary, this Agreement has been signed on behalf of the Issuer executed by U.S. Bank Wilmington Trust National Association Company, not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In , and in no event will U.S. Bank shall Wilmington Trust National Association Company in its individual capacity or any beneficial owner of the Issuer have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any hereunder, as to all of which recourse shall be had solely to the assets of the certificates, notices or agreements delivered pursuant to this AgreementIssuer. For all purposes of this Agreement, in the performance of any duties or obligations of the Issuer under this Agreementhereunder, the Owner Trustee will shall be subject to, and entitled to the benefits of, the terms and provisions of Articles Six, Seven and Eight of the Trust Agreement.
(b) This Notwithstanding anything contained herein to the contrary, this Agreement has been signed executed by The Bank of New York MellonMellon Trust Company, N.A., not in its individual capacity but solely as Indenture Trustee. In , and in no event will shall The Bank of New York Mellon Trust Company, N.A. have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement hereunder or in any of the certificates, notices or agreements delivered pursuant to this Agreementhereto, as to all of which recourse will shall be had solely to the assets of the Issuer. For all purposes of this Agreement, the Indenture Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Indenture.
Appears in 11 contracts
Samples: Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2011-2), Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2011-2), Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2011-1)
Limitation of Liability of Owner Trustee and Indenture Trustee. (a) This Agreement Notwithstanding anything contained herein to the contrary, this instrument has been signed on behalf of the Issuer countersigned by U.S. Bank Wilmington Trust National Association Company not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In Issuer and in no event will U.S. Bank shall Wilmington Trust National Association Company in its individual capacity or any beneficial owner of the Issuer have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any hereunder, as to all of which recourse shall be had solely to the assets of the certificates, notices or agreements delivered pursuant to this AgreementIssuer. For all purposes of this Agreement, in the performance of any duties or obligations of the Issuer under this Agreementhereunder, the Owner Trustee will shall be subject to, and entitled to the benefits of, the terms and provisions of Articles Six, Seven and Eight of the Trust Agreement.
(b) This Notwithstanding anything contained herein to the contrary, this Agreement has been signed countersigned by The Bank of New York MellonTrust Company, N.A. not in its individual capacity but solely as Indenture Trustee. In Trustee and in no event will shall The Bank of New York Mellon Trust Company, N.A. have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement hereunder or in any of the certificates, notices or agreements delivered pursuant to this Agreementhereto, as to all of which recourse will shall be had solely to the assets of the Issuer. For all purposes of this Agreement, the Indenture Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Indenture.
Appears in 9 contracts
Samples: Administration Agreement (Harley-Davidson Motorcycle Trust 2005-4), Administration Agreement (Harley Davidson Customer Funding Corp), Administration Agreement (Harley Davidson Customer Funding Corp)
Limitation of Liability of Owner Trustee and Indenture Trustee. (a) This Agreement has been signed on behalf of the Issuer by U.S. Bank Trust National Association not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will U.S. Bank Trust National Association in its individual capacity or any beneficial owner of the Issuer have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any of the certificates, notices or agreements delivered pursuant to under this Agreement. For all purposes of this Agreement, in the performance of any duties or obligations of the Issuer under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Trust Agreement.
(b) This Agreement has been signed by The Bank of New York Mellon, not in its individual capacity but solely as Indenture Trustee. In no event will The Bank of New York Mellon have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any of the certificates, notices or agreements delivered pursuant to under this Agreement, as to all of which recourse will be had solely to the assets of the Issuer. For all purposes of this Agreement, the Indenture Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Indenture.
Appears in 8 contracts
Samples: Administration Agreement (Ford Credit Auto Owner Trust 2015-B), Administration Agreement (Ford Credit Auto Owner Trust 2015-B), Administration Agreement (Ford Credit Auto Owner Trust 2015-A)
Limitation of Liability of Owner Trustee and Indenture Trustee. (a) This Notwithstanding anything contained herein to the contrary, this Agreement has been signed on behalf of the Issuer executed by U.S. Bank Trust Wilmington Trust, National Association Association, not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In , and in no event will U.S. Bank Trust shall Wilmington Trust, National Association in its individual capacity or any beneficial owner of the Issuer have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any hereunder, as to all of which recourse shall be had solely to the assets of the certificates, notices or agreements delivered pursuant to this AgreementIssuer. For all purposes of this Agreement, in the performance of any duties or obligations of the Issuer under this Agreementhereunder, the Owner Trustee will shall be subject to, and entitled to the benefits of, the terms and provisions of Articles Six, Seven and Eight of the Trust Agreement.
(b) This Notwithstanding anything contained herein to the contrary, this Agreement has been signed executed by The Bank of New York MellonMellon Trust Company, N.A., not in its individual capacity but solely as Indenture Trustee. In , and in no event will shall The Bank of New York Mellon Trust Company, N.A. have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement hereunder or in any of the certificates, notices or agreements delivered pursuant to this Agreementhereto, as to all of which recourse will shall be had solely to the assets of the Issuer. For all purposes of this Agreement, the Indenture Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Indenture.
Appears in 8 contracts
Samples: Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2015-2), Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2015-2), Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2015-1)
Limitation of Liability of Owner Trustee and Indenture Trustee. (a) This Agreement has been signed on behalf of the Issuer by U.S. Bank Trust National Association not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will U.S. Bank Trust National Association in its individual capacity or any beneficial owner of the Issuer have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any of the certificates, notices or agreements delivered pursuant to this Agreement. For all purposes of this Agreement, in the performance of any duties or obligations of the Issuer under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Trust Agreement.
(b) This Agreement has been signed countersigned by The Bank of New York Mellon, not in its individual capacity but solely as Indenture Trustee. In no event will The Bank of New York Mellon have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any of the certificates, notices or agreements delivered pursuant to this Agreement, as to all of which recourse will be had solely to the assets of the Issuer. For all purposes of this Agreement, the Indenture Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Indenture.
Appears in 7 contracts
Samples: Administration Agreement (Ford Credit Auto Lease Trust 2011-A), Administration Agreement (Ford Credit Auto Lease Trust 2011-A), Administration Agreement (CAB West LLC)
Limitation of Liability of Owner Trustee and Indenture Trustee. (a) This Agreement has been signed on behalf of the Issuer by U.S. Bank Trust National Association not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will U.S. Bank Trust National Association in its individual capacity or any beneficial owner of the Issuer have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any of the certificates, notices or agreements delivered pursuant to this Agreement. For all purposes of this Agreement, in the performance of any duties or obligations of the Issuer under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Trust Agreement.
(b) This Agreement has been signed by The Bank of New York Mellon, not in its individual capacity but solely as Indenture Trustee. In no event will The Bank of New York Mellon have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any of the certificates, notices or agreements delivered pursuant to this Agreement, as to all of which recourse will be had solely to the assets of the Issuer. For all purposes of this Agreement, the Indenture Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Indenture.
Appears in 7 contracts
Samples: Administration Agreement (Ford Credit Auto Lease Trust 2015-B), Administration Agreement (Ford Credit Auto Lease Trust 2015-B), Administration Agreement (Ford Credit Auto Lease Trust 2015-A)
Limitation of Liability of Owner Trustee and Indenture Trustee. (a) This Agreement has been signed on behalf of the Issuer by U.S. Bank Trust National Association not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will U.S. Bank Trust National Association in its individual capacity or any beneficial owner of the Issuer have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any of the certificates, notices or agreements delivered pursuant to this Agreement. For all purposes of this Agreement, in the performance perfor-mxxxx of any duties or obligations of the Issuer under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Trust Agreement.
(b) This Agreement has been signed countersigned by The Bank of New York Mellon, not in its individual capacity but solely as Indenture Trustee. In no event will The Bank of New York Mellon have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any of the certificates, notices or agreements delivered pursuant to this Agreement, as to all of which recourse will be had solely to the assets of the Issuer. For all purposes of this Agreement, the Indenture Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Indenture.
Appears in 3 contracts
Samples: Administration Agreement (Ford Credit Auto Owner Trust 2006-A), Administration Agreement (Ford Credit Auto Owner Trust 2006-B), Administration Agreement (Ford Credit Auto Owner Trust 2006-C)
Limitation of Liability of Owner Trustee and Indenture Trustee. (a) This Agreement has been signed on behalf of the Issuer by U.S. Bank Trust National Association not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will U.S. Bank Trust National Association in its individual capacity or any beneficial owner of the Issuer have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any of the certificates, notices or agreements delivered pursuant to this Agreement. For all purposes of this Agreement, in the performance performance of any duties or obligations of the Issuer under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Trust Agreement.
(b) This Agreement has been signed countersigned by The Bank of New York Mellon, not in its individual capacity but solely as Indenture Trustee. In no event will The Bank of New York Mellon have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any of the certificates, notices or agreements delivered pursuant to this Agreement, as to all of which recourse will be had solely to the assets of the Issuer. For all purposes of this Agreement, the Indenture Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Indenture.
Appears in 3 contracts
Samples: Administration Agreement (Ford Credit Auto Owner Trust 2009-B), Administration Agreement (Ford Credit Auto Owner Trust 2009-D), Administration Agreement (Ford Credit Auto Owner Trust 2009-C)
Limitation of Liability of Owner Trustee and Indenture Trustee. (a) This Agreement has been signed on behalf of the Issuer by U.S. Bank Trust National Association not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will U.S. Bank Trust National Association in its individual capacity or any beneficial owner of the Issuer have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any of the certificates, notices or agreements delivered pursuant to this Agreement. For all purposes of this Agreement, in the performance of any duties or obligations of the Issuer under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Trust Agreement.
(b) This Agreement has been signed countersigned by The Bank of New York Mellon, not in its individual capacity but solely as Indenture Trustee. In no event will The Bank of New York Mellon have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any of the certificates, notices or agreements delivered pursuant to this Agreement, as to all of which recourse will be had solely to the assets of the Issuer. For all purposes of this Agreement, the Indenture Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Indenture.
Appears in 3 contracts
Samples: Administration Agreement (Ford Credit Auto Owner Trust 2008-B), Administration Agreement (Ford Credit Auto Owner Trust 2008-C), Administration Agreement (Ford Credit Auto Receivables Two LLC)
Limitation of Liability of Owner Trustee and Indenture Trustee. (a) This Agreement has been signed on behalf of the Issuer by U.S. Bank Trust National Association not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will U.S. Bank Trust National Association in its individual capacity or any beneficial owner of the Issuer have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any of the certificates, notices or agreements delivered pursuant to this Agreement. For all purposes of this Agreement, in the performance of any duties or obligations of the Issuer under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Trust Agreement.
(b) This Agreement has been signed by The Bank of New York Mellon, not in its individual capacity but solely as Indenture Trustee. In no event will The Bank of New York Mellon have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any of the certificates, notices or agreements delivered pursuant to this Agreement, as to all of which recourse will be had solely to the assets of the Issuer. For all purposes of this Agreement, the Indenture Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Indenture.assets
Appears in 2 contracts
Samples: Administration Agreement (Ford Credit Auto Lease Trust 2011-B), Administration Agreement (Ford Credit Auto Lease Trust 2011-B)
Limitation of Liability of Owner Trustee and Indenture Trustee. (a) This Agreement has been signed on behalf of the Issuer by U.S. Bank Trust National Association not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will U.S. Bank Trust National Association in its individual capacity or any beneficial owner of the Issuer have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any of the certificates, notices or agreements delivered pursuant to this Agreement. For all purposes of this Agreement, in the performance performance of any duties or obligations of the Issuer under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Trust Agreement.
(b) This Agreement has been signed countersigned by The Bank of New York Mellon, not in its individual capacity but solely as Indenture Trustee. In no event will The Bank of New York Mellon have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any of the certificates, notices or agreements delivered pursuant to this Agreement, as to all of which recourse will be had solely to the assets of the Issuer. For all purposes of this Agreement, the Indenture Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Indenture.
Appears in 2 contracts
Samples: Administration Agreement (Ford Credit Auto Owner Trust 2007-B), Administration Agreement (Ford Credit Auto Owner Trust 2007-A)
Limitation of Liability of Owner Trustee and Indenture Trustee. (a) This Notwithstanding anything contained herein to the contrary, this Agreement has been signed on behalf of the Issuer executed by U.S. Bank Wilmington Trust National Association Association, not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In , and in no event will U.S. Bank shall Wilmington Trust National Association in its individual capacity or any beneficial owner of the Issuer have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any hereunder, as to all of which recourse shall be had solely to the assets of the certificates, notices or agreements delivered pursuant to this AgreementIssuer. For all purposes of this Agreement, in the performance of any duties or obligations of the Issuer under this Agreementhereunder, the Owner Trustee will shall be subject to, and entitled to the benefits of, the terms and provisions of Articles Six, Seven and Eight of the Trust Agreement.
(b) This Notwithstanding anything contained herein to the contrary, this Agreement has been signed executed by The Bank of New York MellonMellon Trust Company, N.A., not in its individual capacity but solely as Indenture Trustee. In , and in no event will shall The Bank of New York Mellon Trust Company, N.A. have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement hereunder or in any of the certificates, notices or agreements delivered pursuant to this Agreementhereto, as to all of which recourse will shall be had solely to the assets of the Issuer. For all purposes of this Agreement, the Indenture Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Indenture.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2012-1), Sale and Servicing Agreement (Harley-Davidson Motorcycle Trust 2012-1)
Limitation of Liability of Owner Trustee and Indenture Trustee. (a) This Agreement Notwithstanding anything contained herein to the contrary, this instrument has been signed on behalf of the Issuer countersigned by U.S. Chase Bank Trust USA, National Association Association, not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In Issuer and in no event will U.S. shall Chase Bank Trust USA, National Association Association, in its individual capacity or any beneficial owner of the Issuer have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any hereunder, as to all of which recourse shall be had solely to the assets of the certificates, notices or agreements delivered pursuant to this AgreementIssuer. For all purposes of this Agreement, in the performance of any duties or obligations of the Issuer under this Agreementhereunder, the Owner Trustee will shall be subject to, and entitled to the benefits of, the terms and provisions of the Trust AgreementAgreement which apply to or extend to the benefit of the Owner Trustee.
(b) This Notwithstanding anything contained herein to the contrary, this Agreement has been signed countersigned by The Bank of New York Mellon, not in its individual capacity but solely as Indenture Trustee. In Trustee and in no event will shall The Bank of New York Mellon have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement hereunder or in any of the certificates, notices or agreements delivered pursuant to this Agreementhereto, as to all of which recourse will shall be had solely to the assets of the Issuer. For all purposes of this Agreement, in the performance of any duties or obligations of the Indenture Trustee will hereunder, The Bank of New York shall be subject to, and entitled to the benefits of, the any terms and provisions of the IndentureIndenture which apply to or extend to the benefit of the Indenture Trustee.
Appears in 1 contract
Samples: Administration Agreement (CIT Equipment Collateral 2006-Vt1)
Limitation of Liability of Owner Trustee and Indenture Trustee. (a) This Agreement has been signed on behalf of the Issuer by U.S. Bank Trust National Association not in its individual capacity but solely in its capacity as Owner Trustee of the IssuerIssuer . In no event will U.S. Bank Trust National Association in its individual capacity or any beneficial owner of the Issuer have any liability for the representations, warrantieswarranties , covenants, agreements or other obligations of the Issuer under this Agreement or in any of the certificates, notices or agreements delivered pursuant to this Agreement. For all purposes of this Agreement, in the performance of any duties or obligations of the Issuer under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Trust Agreement.
(b) This Agreement has been signed countersigned by The Bank of New York Mellon, not in its individual capacity but b ut solely as Indenture Trustee. In no event will The Bank of New York Mellon have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any of the certificates, notices or agreements agreement s delivered pursuant to this Agreement, as to all of which recourse will be had solely to the assets of the Issuer. For all purposes of this Agreement, the Indenture Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the IndentureIssuer .
Appears in 1 contract
Samples: Administration Agreement (Ford Credit Auto Owner Trust 2008-A)
Limitation of Liability of Owner Trustee and Indenture Trustee. (a) This Agreement has been signed on behalf of the Issuer by U.S. Bank Trust Trust, National Association not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will U.S. Bank Trust Trust, National Association in its individual capacity or any beneficial owner of the Issuer have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any of the certificates, notices or agreements delivered pursuant to this Agreement. For all purposes of this Agreement, in the performance of any duties or obligations of the Issuer under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Trust Agreement.
(b) This Agreement has been signed countersigned by The Bank of New York Mellon, not in its individual capacity but solely as Indenture Trustee. In no event will The Bank of New York Mellon have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any of the certificates, notices or agreements delivered pursuant to this Agreement, as to all of which recourse will be had solely to the assets of the Issuer. For all purposes of this Agreement, the Indenture Trustee will be subject to, and entitled to the benefits of, the terms and provisions of the Indenture.
Appears in 1 contract
Samples: Administration Agreement (Ford Credit Auto Receivables Two LLC)