Common use of Limitations on Liability of Xxxxxx Mae and Others Clause in Contracts

Limitations on Liability of Xxxxxx Mae and Others. Neither Xxxxxx Xxx nor any of its directors, officers, employees or agents shall be under any liability to the Holders or Beneficial Owners for any action taken, or not taken, by them in good faith under this

Limitations on Liability of Xxxxxx Mae and Others. Neither Xxxxxx Xxx nor any of its directors, officers, employees or agents shall be under any liability to the Holders or Beneficial Owners for any action taken, or not taken, by them in good faith under thisthis Agreement or for errors in judgment. This provision will not protect Xxxxxx Mae or any other

Limitations on Liability of Xxxxxx Mae and Others. Neither Xxxxxx Xxx nor any of its directors, officers, employees or agents shall be under any liability to the Holders or Beneficial Owners for any action taken, or not taken, by them in good faith under thisthis Agreement or for errors in judgment. This provision will not protect Xxxxxx Mae or any other related person against any liability which would otherwise be imposed by reason of willful misfeasance, bad faith or gross negligence or by reason of reckless disregard of obligations and duties under this Agreement. Xxxxxx Xxx and such related persons shall have no liability of