Limitations on the Advisor’s Powers. Notwithstanding anything herein to the contrary, the Advisor’s responsibilities are consultative only, and the Advisor shall have no power to take any action on behalf of the Trust, or to cause the Trust to be responsible for taking any action.
Appears in 10 contracts
Samples: Structuring Advisory Agreement, Structuring Advisory Agreement (National Collegiate Student Loan Trust 2006-2), Structuring Advisory Agreement (National Collegiate Student Loan Trust 2005-2)
Limitations on the Advisor’s Powers. Notwithstanding anything herein to the contrary, the Advisor’s 's responsibilities are consultative only, and the Advisor shall have no power to take any action on behalf of the Trust, or to cause the Trust to be responsible for taking any action.
Appears in 5 contracts
Samples: Structuring Advisory Agreement (National Collegiate Student Loan Trust 2007-2), Structuring Advisory Agreement (National Collegiate Student Loan Trust 2005-1), Structuring Advisory Agreement (National Collegiate Student Loan Trust 2004-1)
