Common use of Limitation of Trustee's personal liability Clause in Contracts

Limitation of Trustee's personal liability. Notwithstanding any other provision of this Deed, the Trustee is not obliged to execute any instrument, enter into any agreement, take any action, or incur any obligation in connection with a Trust (including in connection with Support Facilities or Assets) unless: (a) in the case of agreements, actions or obligations that are expressly contemplated by the Transaction Documents and are between parties to the Transaction Documents, its personal liability in connection with the instrument, agreement, action or obligation is limited in a manner consistent with clause 30.13; or (b) in any other case, the Trustee's liability is limited in a manner satisfactory to the Trustee in its absolute discretion.

Limitation of Trustee's personal liability. Notwithstanding any other provision of this Deeddeed, the Trustee is not obliged to execute any instrument, enter into any agreement, take any action, or incur any obligation in connection with a Trust (including including, without limitation, in connection with Support Facilities or Assets) unless: (a) in the case of agreements, actions or obligations that are expressly contemplated by the Transaction Documents and are between parties to the Transaction Documents, its personal liability in connection with the instrument, agreement, action or obligation is limited in a manner consistent with clause 30.1333.16; or (b) in any other case, the Trustee's liability is limited in a manner satisfactory to the Trustee in its absolute discretion.