Common use of Limitation of Liability of the Paying Agent Clause in Contracts

Limitation of Liability of the Paying Agent. Notwithstanding anything contained herein to the contrary, this Agreement has been executed by Xxxxx Fargo Bank, National Association, not in its individual capacity, but solely as the Paying Agent, and in no event shall Xxxxx Fargo Bank, National Association have any liability for the representations, warranties, covenants, agreements or other obligations of the other parties hereto or in any of the certificates, notices or agreements delivered pursuant hereto, as to all of which recourse shall be had solely to the assets of the party responsible therefor.