Common use of No Individual Liability Clause in Contracts

No Individual Liability. The Security Trustee shall have no individual liability in respect of all or any part of the Secured Obligations, and all shall look, subject to the lien and priorities of payment provided herein and in the Indenture, only to the property of the Grantors for payment or satisfaction of the Secured Obligations.

Appears in 8 contracts

Samples: Security Trust Agreement (Willis Lease Finance Corp), Security Trust Agreement (Willis Lease Finance Corp), Security Trust Agreement (Willis Lease Finance Corp)

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No Individual Liability. The No Security Trustee shall have no any individual liability in respect of all or any part of the Secured Obligations, and all shall look, subject to the lien and priorities of payment provided herein and in the IndentureTransaction Documents, only to the property of the Grantors (to the extent provided in the Transaction Documents) for payment or satisfaction of the Secured ObligationsObligations pursuant to this Agreement and the other Transaction Documents.

Appears in 3 contracts

Samples: Aircraft Lease Agreement (International Lease Finance Corp), Aircraft Lease Agreement (International Lease Finance Corp), Aircraft Lease Agreement (International Lease Finance Corp)

No Individual Liability. The Security Trustee shall not have no any individual liability in respect of all or any part of the Secured Obligations, and all shall look, subject to the lien and priorities of payment provided herein and in the Indenture, only to the property Collateral of the Grantors (to the extent provided herein) or in the case of the Issuer as provided herein or in the Indenture for payment or satisfaction of the Secured ObligationsObligations pursuant to this Agreement and the Indenture.

Appears in 2 contracts

Samples: Lease Agreement (General Electric Capital Corp), Aircraft Mortgage and Security (General Electric Capital Corp)

No Individual Liability. The Security Trustee shall not have no any individual liability in respect of all or any part of the Secured Obligations, and all shall look, subject to the lien and priorities of payment provided herein and in the Indenture, only to the property of the Grantors (to the extent provided herein or in the case of the Issuer in the Indenture) for payment or satisfaction of the Secured ObligationsObligations pursuant to this Agreement and the Indenture.

Appears in 1 contract

Samples: Aircraft Lease Agreement (International Lease Finance Corp)

No Individual Liability. The Security Trustee shall have no individual liability in respect of all or any part of the Secured Obligations, and all shall look, subject to the lien Lien and priorities of payment provided herein and in the IndentureCredit Agreement, only to the property of the Grantors for payment or satisfaction of the Secured Obligations.

Appears in 1 contract

Samples: Security Trust Agreement (Genesis Lease LTD)

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No Individual Liability. The Security Trustee shall have no individual liability in respect of all or any part of the Secured Obligations, and all shall look, subject to the lien and priorities of payment provided herein and in the Indenture, only to the property of the Grantors for payment or satisfaction of the Secured Obligations.. Section 7.06

Appears in 1 contract

Samples: Mortgage and Security Agreement (Willis Lease Finance Corp)

No Individual Liability. The Security Trustee shall have no individual liability in respect of all or any part of the Secured Obligations, and all parties shall look, subject to the lien Lien and priorities of payment provided herein and herein, in the Indenture, and in the Credit Facility Agreement, only to the property of Guaranty, the Grantors Grantors, the Guarantors or the Collateral for payment or satisfaction of the Secured Obligations.

Appears in 1 contract

Samples: Security Trust Agreement (International Lease Finance Corp)

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