Limitation on Liability of Transferor and Others. Transferor and any director, manager, officer, employee or agent thereof may rely in good faith on the advice of counsel or on any document of any kind prima facie properly executed and submitted by any Person respecting any matters arising under this Agreement. Transferor shall not be under any obligation to appear in, prosecute or defend any legal action that is not incidental to its obligations under this Agreement or its Related Documents and that in its opinion may involve it in any expense or liability.
Appears in 38 contracts
Samples: Contribution Agreement (Exeter Automobile Receivables Trust 2024-4), Contribution Agreement (Exeter Automobile Receivables Trust 2024-4), Contribution Agreement (Exeter Automobile Receivables Trust 2024-3)
Limitation on Liability of Transferor and Others. The Transferor and any director, manager, officer, employee or agent thereof of the Transferor may rely in good faith on the advice of counsel or on any document of any kind kind, prima facie properly executed and submitted by any Person respecting any matters arising under this Agreementhereunder. The Transferor shall not be under any obligation to appear in, prosecute or defend any legal action that is shall not be incidental to its obligations under this Agreement or its Related Documents Agreement, and that in its opinion may involve it in any expense or liability.
Appears in 10 contracts
Samples: Transfer and Administration Agreement (Cabela's Credit Card Master Note Trust), Depositor Sale Agreement (Deutsche Recreational Asset Funding Corp), Transfer and Servicing Agreement (Deutsche Recreational Asset Funding Corp)
Limitation on Liability of Transferor and Others. The Transferor and any director, manager, officer, director or officer or employee or agent thereof of the Transferor may rely in good faith on the advice of counsel or on any document of any kind kind, prima facie properly executed and submitted by any Person respecting any matters arising under this Agreementhereunder. The Transferor shall not be under any obligation to appear in, prosecute prosecute, or defend any legal action that is shall not be incidental to its obligations under this Agreement or its Related Documents Agreement, and that in its opinion may involve it in any expense or liability.
Appears in 5 contracts
Samples: Trust and Servicing Agreement (Bay View Securitization Corp), Trust and Servicing Agreement (Bay View Transaction Corp), Trust and Servicing Agreement (Bay View Deposit CORP)
Limitation on Liability of Transferor and Others. The Transferor and any director, manager, officer, director or officer or employee or agent thereof of the Transferor may rely in good faith on the advice of counsel or on any document of any kind kind, prima facie properly executed and submitted by any Person respecting any matters arising under this Agreementhereunder. The Transferor shall not be under any obligation to appear in, prosecute or defend any legal action that is shall not be incidental to its obligations under this Agreement or its Related Documents Agreement, and that in its opinion may involve it in any expense or liability.
Appears in 5 contracts
Samples: Transfer and Servicing Agreement (Advanta Bank Corp), Transfer and Servicing Agreement (Advanta Bank Corp), Transfer and Servicing Agreement (Metlife Capital Equipment Loan Trusts)
Limitation on Liability of Transferor and Others. The Transferor and any director, manager, officer, director or officer or employee or agent thereof of the Transferor may rely in good faith on the advice of counsel or on any document of any kind kind, prima facie properly executed and submitted by any Person respecting any matters arising under this Agreementhereunder. Transferor The Transferor, in its capacity as such, shall not be under any obligation to appear in, prosecute or defend any legal action that is shall not be incidental to its obligations under this Agreement or its Related Documents Agreement, and that in its opinion may involve it in any expense or liability.
Appears in 4 contracts
Samples: Trust Agreement (Daimlerchrysler Wholesale Receivables LLC), Trust Agreement (Daimlerchrysler Wholesale Receivables LLC), Trust Agreement (Carco Auto Loan Master Trust)
Limitation on Liability of Transferor and Others. The Transferor and any director, manager, officer, director or officer or employee or agent thereof of the Transferor may rely in good faith on the advice of counsel or on any document of any kind kind, prima facie properly executed and submitted by any Person respecting any matters arising under this Agreement. Transferor shall not be under any obligation to appear in, prosecute or defend any legal action that is not incidental to its obligations under this Agreement or its Related Documents and that in its opinion may involve it in any expense or liability.
Appears in 3 contracts
Samples: Securitization Trust Agreement (World Omni 1999-a Automobile Lease Securitization Trust), Trust Agreement (World Omni Lease Securitization L P /De/), Securitization Trust Agreement (World Omni 1998-a Automobile Lease Securitization Trust)
Limitation on Liability of Transferor and Others. The Transferor and any director, manager, officer, director or officer or employee or agent thereof of the Transferor may rely in good faith on the advice of counsel or on any document of any kind kind, prima facie properly executed and submitted by any Person respecting any matters arising under this Agreementany Basic Document. The Transferor shall not be under any obligation to appear in, prosecute or defend any legal action that is shall not be incidental to its obligations under this Agreement or its Related Documents Agreement, and that in its opinion may involve it in any expense or liability.
Appears in 3 contracts
Samples: Sale and Servicing Agreement (Painewebber Asset Acceptance Corp), Sale and Servicing Agreement (Ml Asset Backed Corp), Sale and Servicing Agreement (Ml Asset Backed Corp)
Limitation on Liability of Transferor and Others. The Transferor and any director, manager, officer, director or officer or employee or agent thereof of the Transferor may rely in good faith on the advice of counsel or on any document of any kind prima facie properly executed and submitted by any Person respecting any matters arising under this Agreement. The Transferor shall not be under any obligation to appear in, prosecute or defend any legal action that is not incidental to its obligations as Transferor of the Loans or Receivables under this Agreement or its Related Documents and that in its opinion may involve it in any expense or liability.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Alliance Laundry Systems LLC), Pooling and Servicing Agreement (Alliance Laundry Systems LLC), Pooling and Servicing Agreement (Alliance Laundry Corp)
Limitation on Liability of Transferor and Others. The Transferor and any director, manager, officer, director or officer or employee or agent thereof of the Transferor may rely in good faith on the advice of counsel or on any document of any kind kind, prima facie properly executed and submitted by any Person Person, respecting any matters arising under this Agreementhereunder. Subject to Section 4.08, the Transferor shall not be under any obligation to appear in, prosecute or defend any legal action that is not incidental to its obligations under this Agreement or its Related Documents Agreement, and that in its opinion may involve it in any expense or liability.
Appears in 2 contracts
Samples: Intangible Transition Property Transfer Agreement (West Penn Power Co), Intangible Transition Property Transfer Agreement (West Penn Power Co)
Limitation on Liability of Transferor and Others. The ------------------------------------------------ Transferor and any director, manager, officer, director or officer or employee or agent thereof of the Transferor may rely in good faith on the advice of counsel or on any document of any kind kind, prima facie properly executed and submitted by any Person respecting any matters arising under this Agreementany Basic Document. The Transferor shall not be under any obligation to appear in, prosecute or defend any legal action that is shall not be incidental to its obligations under this Agreement or its Related Documents Agreement, and that in its opinion may involve it in any expense or liability.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Prudential Securities Secured Financing Corp), Sale and Servicing Agreement (Prudential Securities Secured Financing Corp)
Limitation on Liability of Transferor and Others. The Transferor and any director, manager, officer, director or officer or employee or agent thereof of the Transferor may rely in good faith on the advice of counsel or on any document of any kind kind, prima facie properly executed and submitted by any Person respecting any matters arising under this Agreementhereunder. The Transferor shall not be under any obligation to appear in, prosecute prosecute, or defend any legal action that is shall not be incidental to its Trust and Servicing Agreement obligations under this Agreement or its Related Documents Agreement, and that in its opinion may involve it in any expense or liability.
Appears in 1 contract
Samples: Trust and Servicing Agreement (Bay View Deposit CORP)
Limitation on Liability of Transferor and Others. The ------------------------------------------------ Transferor and any director, manager, officer, employee or agent thereof of the Transferor may rely in good faith on the advice of counsel or on any document of any kind kind, prima facie properly executed and submitted by any Person respecting any matters arising under this Agreementhereunder. The Transferor shall not be under any obligation to appear in, prosecute or defend any legal action that is shall not be incidental to its obligations under this Agreement or its Related Documents Agreement, and that in its opinion may involve it in any expense or liability.
Appears in 1 contract
Samples: Depositor Transfer Agreement (Deutsche Recreational Asset Funding Corp)
Limitation on Liability of Transferor and Others. The Transferor and any director, manager, officer, director or officer or employee or agent thereof of the Transferor may rely in good faith on the advice of counsel or on any document of any kind kind, prima facie properly executed and submitted by any Person Person, respecting any matters arising under this Agreementhereunder. Subject to Section 4.08, the Transferor shall not be under any obligation to appear in, prosecute or defend any legal 160 action that is not incidental to its obligations under this Agreement or its Related Documents Agreement, and that in its opinion may involve it in any expense or liability.
Appears in 1 contract
Samples: Transition Property Transfer Agreement (West Penn Funding LLC)
Limitation on Liability of Transferor and Others. Transferor and any director, manager, officer, employee or agent thereof of Transferor may rely in good faith on the advice of counsel or on any document of any kind prima facie properly executed and submitted by any Person respecting any matters arising under this Agreementhereunder. Transferor shall not be under any obligation to appear in, prosecute or defend any legal action that is shall not be incidental to its obligations under this Agreement or its Related Documents Agreement, and that in its opinion may involve it in any expense or liability.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Provident Lease Receivables Corp)
Limitation on Liability of Transferor and Others. The Transferor and any director, manager, officer, director or officer or employee or agent thereof of the Transferor may rely in good faith on the advice of counsel or on any document of any kind kind, prima facie properly executed and submitted by any Person 39 36 Person, respecting any matters arising under this Agreementhereunder. Subject to Section 4.08, the Transferor shall not be under any obligation to appear in, prosecute or defend any legal action that is not incidental to its obligations under this Agreement or its Related Documents Agreement, and that in its opinion may involve it in any expense or liability.
Appears in 1 contract
Samples: West Penn Funding LLC
Limitation on Liability of Transferor and Others. The ------------------------------------------------ Transferor and any director, manager, officer, director or officer or employee or agent thereof of the Transferor may rely in good faith on the advice of counsel or on any document of any kind kind, prima facie properly executed and submitted by any Person respecting any matters arising under this Agreementhereunder. Transferor The Transferor, in its capacity as such, shall not be under any obligation to appear in, prosecute or defend any legal action that is shall not be incidental to its obligations under this Agreement or its Related Documents Agreement, and that in its opinion may involve it in any expense or liability.
Appears in 1 contract
Samples: Trust Agreement (Mbna Credit Card Master Note Trust)
Limitation on Liability of Transferor and Others. The Transferor and any director, manager, officer, director or officer or employee or agent thereof of the Transferor may rely in good faith on the advice of counsel or on any document of any kind kind, prima facie properly executed and submitted by any Person respecting any matters arising under this Agreementhereunder. The Transferor shall not be under any TRUST AND SERVICING AGREEMENT 67 obligation to appear in, prosecute prosecute, or defend any legal action that is shall not be incidental to its obligations under this Agreement or its Related Documents Agreement, and that in its opinion may involve it in any expense or liability.
Appears in 1 contract
Samples: Trust and Servicing Agreement (Bay View Transaction Corp)