Common use of Limitation of Liability of the Trustee Clause in Contracts

Limitation of Liability of the Trustee. Notwithstanding anything contained herein to the contrary, this instrument has been signed by BNY Mellon Trust of Delaware, not in its individual capacity but solely in its capacity as Trustee of Issuer, and in no event shall BNY Mellon Trust of Delaware, in its individual capacity, or any beneficial owner of Issuer have any liability for the representations, warranties, covenants, agreements or other obligations of Issuer hereunder, as to all of which recourse shall be had solely to the assets of Issuer. For all purposes of this Agreement, in the performance of any duties or obligations of Issuer thereunder, the Trustee shall be subject to, and entitled to the benefits of, the terms and provisions of the Trust Agreement. Servicing Agreement

Appears in 1 contract

Samples: Servicing Agreement (NBCUniversal Media, LLC)

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Limitation of Liability of the Trustee. Notwithstanding anything contained herein to the contrary, this instrument has been signed countersigned by BNY Mellon Trust of BNYM (Delaware), not in its individual capacity but solely in its capacity as Trustee of Issuerthe Owner, and in no event shall BNY Mellon Trust of BNYM (Delaware), in its individual capacity, or any beneficial owner of Issuer the Owner have any liability for the representations, warranties, covenants, agreements or other obligations of Issuer the Owner hereunder, as to all of which recourse shall be had solely to the assets of Issuerthe Owner. For all purposes of this Agreement, in the performance of any duties or obligations of Issuer the Owner thereunder, the Trustee shall be subject to, and entitled to the benefits of, the terms and provisions of the Trust Agreement. Servicing Agreement, including Article VII.

Appears in 1 contract

Samples: Servicing Agreement (RFS Holding LLC)

Limitation of Liability of the Trustee. Notwithstanding anything contained herein to the contrary, this instrument has been signed by BNY Mellon Trust of Delaware, not in its individual capacity but solely in its capacity as Trustee of IssuerOwner, and in no event shall BNY Mellon Trust of Delaware, in its individual capacity, or any beneficial owner of Issuer Owner have any liability for the representations, warranties, covenants, agreements or other obligations of Issuer Owner hereunder, as to all of which recourse shall be had solely to the assets of IssuerOwner. For all purposes of this Agreement, in the performance of any duties or obligations of Issuer Owner thereunder, the Trustee shall be subject to, and entitled to the benefits of, the terms and provisions of the Trust Agreement. Servicing Agreement.

Appears in 1 contract

Samples: Second Amended and Restated Servicing Agreement (CDF Funding, Inc.)

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Limitation of Liability of the Trustee. Notwithstanding anything contained herein to the contrary, this instrument has been signed countersigned by BNY Mellon Trust of Delaware, not in its individual capacity but solely in its capacity as Trustee of Issuerthe Owner, and in no event shall BNY Mellon Trust of Delaware, in its individual capacity, or any beneficial owner of Issuer the Owner have any liability for the representations, warranties, covenants, agreements or other obligations of Issuer the Owner hereunder, as to all of which recourse shall be had solely to the assets of Issuerthe Owner. For all purposes of this Agreement, in the performance of any duties or obligations of Issuer the Owner thereunder, the Trustee shall be subject to, and entitled to the benefits of, the terms and provisions of the Trust Agreement. Servicing Agreement, including Article VII.

Appears in 1 contract

Samples: Resignation, Appointment and Acceptance (RFS Holding LLC)

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