No Liability of the Depositor. with Respect to --------------------------------------------- the Underlying Securities; Certificateholders to Proceed Directly Against the ----------------------------------------------------------------------------- Issuer(s). (a) The sole obligor with respect to any Underlying Security is the --------- Issuer thereof. The Depositor shall not have any obligation on or with respect to the Underlying Securities; and its obligations with respect to Certificates shall be solely as set forth in this Trust Agreement.
Appears in 4 contracts
Samples: Trust Agreement (Lehman Abs Corp), Trust Agreement (Lehman Abs Corp), Trust Agreement (Lehman Abs Corp)
No Liability of the Depositor. with Respect to --------------------------------------------- the ------------------------------------------------- Underlying Securities; Certificateholders to Proceed Directly Against the ----------------------------------------------------------------------------- ------------------------------------------------------------------------- Underlying Securities Issuer(s). (a) The sole obligor with respect to any ------------------------------- Underlying Security is the --------- Issuer thereofUnderlying Securities Issuer(s). The Depositor shall not have any obligation on or with respect to the Underlying Securities; and its obligations with respect to Certificates shall be solely as set forth in this Trust Agreement.
Appears in 4 contracts
Samples: Elmwood Funding LTD, Elmwood Funding LTD, Elmwood Funding LTD
No Liability of the Depositor. with Respect to --------------------------------------------- the -------------------------------------------------- Underlying Securities; Certificateholders to Proceed Directly Against the ----------------------------------------------------------------------------- -------------------------------------------------------------------------- Underlying Securities Issuer(s). (a) The sole obligor with respect to any ------------------------------- Underlying Security is the --------- Issuer thereofUnderlying Securities Issuer(s). The Depositor shall not have any obligation on or with respect to the Underlying Securities; and its obligations with respect to Certificates shall be solely as set forth in this Trust Agreement.
Appears in 1 contract
Samples: Elmwood Funding LTD
No Liability of the Depositor. with Respect to --------------------------------------------- the ------------------------------------------------- Underlying Securities; Certificateholders to Proceed Directly Against the ----------------------------------------------------------------------------- ------------------------------------------------------------------------- Issuer(s). (a) The sole obligor with respect to any Underlying Security is the --------- Issuer thereof. The Depositor shall not have any obligation on or with respect to the Underlying Securities; and its obligations with respect to Certificates shall be solely as set forth in this Trust Agreement.
Appears in 1 contract
Samples: Trust Agreement (Db Depositor Inc)
