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Common use of OBLIGATIONS AS CORPORATE OBLIGATIONS Clause in Contracts

OBLIGATIONS AS CORPORATE OBLIGATIONS. No party shall have any recourse against nor shall any personal liability attach to any shareholder, officer, agent, employee or director of the Issuer in his capacity as such, by any Proceedings or otherwise, in respect of any obligation, covenant, or agreement of the Issuer contained in this Agreement.

Appears in 4 contracts

Samples: Vm Issuer Account Bank Agreement, Paying Agent and Agent Bank Agreement, Vm Issuer Account Bank Agreement

OBLIGATIONS AS CORPORATE OBLIGATIONS. No party shall have any recourse against nor shall any personal liability attach to any shareholder, officer, agent, employee or director of the Issuer in his capacity as such, by any Proceedings or otherwise, in respect of any obligation, covenant, or agreement of the Issuer contained in this AgreementDeed.

Appears in 4 contracts

Samples: Administration Agreement, Administration Agreement, Subordinated Loan Agreement

OBLIGATIONS AS CORPORATE OBLIGATIONS. No party shall have any recourse against nor shall any personal liability attach to any shareholder, officer, agent, employee or director of the Issuer or the Mortgages Trustee in his capacity as such, by any Proceedings or otherwise, in respect of any obligation, covenant, or agreement of the Issuer or the Mortgages Trustee contained in this Agreement.

Appears in 4 contracts

Samples: Second Account Bank Agreement, First Account Bank Agreement, Second Account Bank Agreement

OBLIGATIONS AS CORPORATE OBLIGATIONS. No party shall have any recourse against nor shall any personal liability attach to any shareholder, officer, agent, employee or director of the of the Issuer or the Mortgages Trustee in his capacity as such, by any Proceedings or otherwise, in respect of any obligation, covenant, or agreement of the Issuer or Mortgages Trustee contained in this Agreement.

Appears in 2 contracts

Samples: Trust Property Cash Management Agreement, Trust Property Cash Management Agreement

OBLIGATIONS AS CORPORATE OBLIGATIONS. 23.1 No party shall have any recourse against nor shall any personal liability attach to any shareholder, officer, agent, employee or director of the Issuer in his capacity as such, by any Proceedings or otherwise, in respect of any obligation, covenant, or agreement of the Issuer contained in this Agreement.

Appears in 2 contracts

Samples: Swap Collateral Account Bank Agreement, Swap Collateral Account Bank Agreement

OBLIGATIONS AS CORPORATE OBLIGATIONS. No party shall have any recourse against nor shall any personal liability attach to any shareholder, officer, agent, employee or director of the Issuer or the Mortgages Trustee in his capacity as such, by any Proceedings or otherwise, in respect of any obligation, covenant, or agreement of the Issuer or the Mortgages Trustee contained in this AgreementDeed.

Appears in 2 contracts

Samples: Mortgage Sale Agreement, Mortgage Sale Agreement

OBLIGATIONS AS CORPORATE OBLIGATIONS. No party shall have any recourse against nor shall any personal liability attach to any shareholder, officer, agent, employee or director of the Issuer Mortgages Trustee in his capacity as such, by any Proceedings or otherwise, in respect of any obligation, covenant, or agreement of the Issuer Mortgages Trustee contained in this Agreement.

Appears in 2 contracts

Samples: Vm Mortgages Trustee Account Bank Agreement, Vm Mortgages Trustee Account Bank Agreement

OBLIGATIONS AS CORPORATE OBLIGATIONS. No party shall have any recourse against nor shall any personal liability attach to any shareholder, officer, agent, employee or director of the Issuer Mortgages Trustee in his capacity as such, by any Proceedings or otherwise, in respect of any obligation, covenant, or agreement of the Issuer Mortgage Trustee contained in this AgreementDeed.

Appears in 1 contract

Samples: Mortgages Trust Deed