Common use of Limitation of Liability of Trustee Clause in Contracts

Limitation of Liability of Trustee. Notwithstanding anything contained herein to the contrary, this Agreement has been executed by First Bank National Association not in its individual capacity but solely as Trustee and in no event shall First Bank National Association have any liability for the representations, warranties, covenants, agreements or other obligations of the Depositors hereunder 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 Trust Fund.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Eqcc Asset Backed Corp), Pooling and Servicing Agreement (Eqcc Asset Backed Corp), Pooling and Servicing Agreement (Eqcc Asset Backed Corp)

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Limitation of Liability of Trustee. Notwithstanding anything contained herein to the contrary, this Agreement has been executed by First Bank National Association Association, not in its individual capacity but solely in its capacity as Trustee Trustee, and in no event shall First Bank National Association in its individual capacity have any liability for the representations, warranties, covenants, agreements or other obligations of the Depositors Issuer hereunder 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 Trust FundIssuer.

Appears in 3 contracts

Samples: Custodial Agreement (Eqcc Asset Backed Corp), Custodial Agreement (Eqcc Asset Backed Corp), Custodial Agreement (Eqcc Asset Backed Corp)

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Limitation of Liability of Trustee. Notwithstanding anything contained herein to the contrary, this Agreement has been executed by First Bank National Association Association, not in its individual capacity but solely in its capacity as Trustee Trustee, and in no event shall First Bank National Association in its individual capacity have any liability for the representations, warranties, covenants, agreements or other obligations of the Depositors hereunder 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 Trust FundDepositors.

Appears in 2 contracts

Samples: Custodial Agreement (Eqcc Asset Backed Corp), Custodial Agreement (Eqcc Asset Backed Corp)

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