Limitation of Liability of the Managing Member. Notwithstanding anything contained herein to the contrary, this instrument has been countersigned by CEF Equipment Holding, L.L.C., not in its individual capacity but solely in its capacity as the Managing Member of the Issuer, and in no event shall CEF Equipment Holding, L.L.C., 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 hereunder, as to all of which recourse shall be had solely to the assets of the Issuer.
Appears in 22 contracts
Samples: Administration Agreement (GE Equipment Midticket LLC, Series 2012-1), Administration Agreement (GE Equipment Midticket LLC, Series 2012-1), Administration Agreement (GE Equipment Transportation LLC, Series 2012-1)
