Common use of Limitation on Liability of Parties Clause in Contracts

Limitation on Liability of Parties. Each party to this Agreement shall be liable under this Agreement only to the extent that obligations are imposed upon the party against whom enforcement is sought.

Appears in 4 contracts

Samples: Servicing Agreement (Pheaa Student Loan Trust I), Servicing Agreement (Pheaa Student Loan Foundation Inc), Purchase and Sale Agreement (Pacificamerica Money Center Inc)

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Limitation on Liability of Parties. Each party to this Agreement shall be liable under this Agreement only to the extent that obligations are explicitly imposed upon and undertaken by the party against whom enforcement is sought.

Appears in 1 contract

Samples: Independent Cities Finance Authority

Limitation on Liability of Parties. Each party to this ---------------------------------- Agreement shall be liable under this Agreement only to the extent that obligations are imposed upon the party against whom enforcement is sought.

Appears in 1 contract

Samples: Pooling and Administration Agreement (CMC Securities Corp Ii)

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Limitation on Liability of Parties. Each party The parties to this Agreement shall be liable under this Agreement only to the extent that obligations are explicitly imposed upon and undertaken by the party against whom enforcement is sought.

Appears in 1 contract

Samples: Origination and Servicing Agreement (Doral Financial Corp)

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