Common use of Owner Trustee Limitation of Liability Clause in Contracts

Owner Trustee Limitation of Liability. It is expressly understood and agreed by the parties hereto that (a) this Amendment is executed and delivered by Wilmington Trust Company, not individually or personally, but solely as Owner Trustee of the Issuer under the Trust Agreement, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as a personal representation, undertaking and agreement by Wilmington Trust Company but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust Company, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (d) under no circumstances shall Wilmington Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Amendment.

Appears in 26 contracts

Samples: Amendment No. 3 to the Series 2012 T2 Amended and Restated Indenture Supplement (New Residential Investment Corp.), Indenture Agreement (New Residential Investment Corp.), Indenture Supplement (New Residential Investment Corp.)

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Owner Trustee Limitation of Liability. It is expressly understood and agreed by the parties hereto that (a) this Amendment Indenture is executed and delivered by Wilmington Trust CompanyTrust, National Association, not individually or personally, but solely as Owner Trustee of the Issuer under the Trust Agreement, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as a personal representation, undertaking and agreement by Wilmington Trust Company Trust, National Association but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust CompanyTrust, National Association individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (d) under no circumstances shall Wilmington Trust Company Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this AmendmentIndenture or the other Transaction Documents.

Appears in 16 contracts

Samples: Indenture (New Residential Investment Corp.), Indenture (New Residential Investment Corp.), Indenture (DITECH HOLDING Corp)

Owner Trustee Limitation of Liability. It is expressly understood and agreed by the parties hereto that (a) this Amendment Indenture Supplement is executed and delivered by Wilmington Trust CompanyTrust, National Association, not individually or personally, but solely as Owner Trustee of the Issuer under the Trust Agreement, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as a personal representation, undertaking and agreement by Wilmington Trust Company Trust, National Association, but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust CompanyTrust, National Association, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (d) under no circumstances shall Wilmington Trust Company Trust, National Association, be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this AmendmentIndenture Supplement or the other Transaction Documents.

Appears in 15 contracts

Samples: Indenture Supplement (DITECH HOLDING Corp), Indenture Supplement (DITECH HOLDING Corp), Indenture Supplement (New Residential Investment Corp.)

Owner Trustee Limitation of Liability. It is expressly understood and agreed by the parties hereto that (a) this Amendment Agreement is executed and delivered by Wilmington Trust CompanyTrust, National Association, not individually or personally, but solely as Owner Trustee of the Issuer under the Trust Agreement, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as a personal representation, undertaking and agreement by Wilmington Trust Company Trust, National Association but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust CompanyTrust, National Association, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (d) under no circumstances shall Wilmington Trust Company Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this AmendmentAgreement or the other Transaction Documents.

Appears in 12 contracts

Samples: Receivables Pooling Agreement (DITECH HOLDING Corp), Receivables Pooling Agreement (DITECH HOLDING Corp), Receivables Pooling Agreement (Walter Investment Management Corp)

Owner Trustee Limitation of Liability. It is expressly understood and agreed by the parties hereto that (a) this Amendment is executed and delivered by Wilmington Trust CompanyTrust, National Association, not individually or personally, but solely as Owner Trustee of the Issuer under the Trust Agreement, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as a personal representation, undertaking and agreement by Wilmington Trust Company Trust, National Association but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust CompanyTrust, National Association, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (d) under no circumstances shall Wilmington Trust Company Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Amendment.

Appears in 9 contracts

Samples: Indenture Supplement (Nationstar Mortgage Holdings Inc.), Indenture Supplement (Nationstar Mortgage Holdings Inc.), Amendment No. 4 to the Series 2013 Vf1 Indenture Supplement (Nationstar Mortgage Holdings Inc.)

Owner Trustee Limitation of Liability. It is expressly understood and agreed by the parties hereto that (a) this Amendment Indenture is executed and delivered by Wilmington Trust Company, not individually or personally, but solely as Owner Trustee of the Issuer under the Trust Agreement, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as a personal representation, undertaking and agreement by Wilmington Trust Company but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust Company, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (d) under no circumstances shall Wilmington Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this AmendmentIndenture or the other Transaction Documents.

Appears in 8 contracts

Samples: Indenture (New Residential Investment Corp.), Indenture (Home Loan Servicing Solutions, Ltd.), Indenture (New Residential Investment Corp.)

Owner Trustee Limitation of Liability. It is expressly understood and agreed by the parties hereto that (a) this Amendment Agreement is executed and delivered by Wilmington Trust CompanyCompany (“Wilmington Trust”), not individually or personally, personally but solely as Owner Trustee owner trustee of the Issuer under the Trust AgreementTrust, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer Trust is made and intended not as a personal representation, undertaking and agreement by Wilmington Trust Company but is made and intended for the purpose of binding only the IssuerTrust, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust CompanyTrust, individually or personally, to perform any covenant covenants, either expressed or implied implied, contained herein, all such personal liability, if any, being expressly waived by the parties hereto and by any Person person claiming by, through or under the parties hereto hereto, and (d) under no circumstances shall Wilmington Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer Trust under this AmendmentAgreement or any other related document.

Appears in 7 contracts

Samples: Underwriting Agreement (Nissan Master Owner Trust Receivables), Underwriting Agreement (Nissan Master Owner Trust Receivables), Underwriting Agreement (Nissan Master Owner Trust Receivables)

Owner Trustee Limitation of Liability. It is expressly understood and agreed by the parties hereto that (a) this Amendment Agreement is executed and delivered by Wilmington Trust Company, not individually or personally, but solely as Owner Trustee of the Issuer under the Trust Agreement, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as a personal representation, undertaking and agreement by Wilmington Trust Company but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust Company, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (d) under no circumstances shall Wilmington Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this AmendmentAgreement or the other Transaction Documents.

Appears in 5 contracts

Samples: Receivables Pooling Agreement (New Residential Investment Corp.), Receivables Pooling Agreement (Home Loan Servicing Solutions, Ltd.), Receivables Pooling Agreement (Home Loan Servicing Solutions, Ltd.)

Owner Trustee Limitation of Liability. It is expressly understood and agreed by the parties hereto that (a) this Amendment Agreement is executed and delivered by Wilmington Trust Companythe Owner Trustee, not individually or personally, personally but solely as Owner Trustee of the Issuer under the Trust Agreement, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as a personal representationrepresentations, undertaking undertakings and agreement agreements by Wilmington Trust Company the Owner Trustee but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust Company, the Owner Trustee individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto to this Agreement and by any Person person claiming by, through or under the parties hereto them and (d) under no circumstances shall Wilmington Trust Company the Owner Trustee be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken undertaking by the Issuer under this AmendmentAgreement or any related documents.

Appears in 4 contracts

Samples: Deposit Account Control Agreement (HSBC Auto Receivables Corp), Deposit Account Control Agreement (HSBC Automotive Trust (USA) 2006-3), Deposit Account Control Agreement (HSBC Automotive Trust (USA) 2007-1)

Owner Trustee Limitation of Liability. It is expressly understood and agreed by the parties hereto that (a) this Amendment Indenture is executed and delivered by Wilmington Trust CompanyTrust, National Association, not individually or personally, but solely as Owner Trustee of the Issuer under the Trust Agreement, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as a personal representation, undertaking and agreement by Wilmington Trust Company Trust, National Association but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust CompanyTrust, National Association, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (d) under no circumstances shall Wilmington Trust Company Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this AmendmentIndenture or the other Transaction Documents.

Appears in 3 contracts

Samples: Indenture (Home Loan Servicing Solutions, Ltd.), Indenture (Home Loan Servicing Solutions, Ltd.), Indenture (Home Loan Servicing Solutions, Ltd.)

Owner Trustee Limitation of Liability. It is expressly understood and agreed by the parties hereto that (a) this Amendment Agreement is executed and delivered by [Wilmington Trust Company] (“[Wilmington Trust]”), not individually or personally, personally but solely as Owner Trustee owner trustee of the Issuer under the Trust AgreementTrust, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer Trust is made and intended not as a personal representation, undertaking and agreement by [Wilmington Trust Company Trust] but is made and intended for the purpose of binding only the IssuerTrust, (c) nothing herein contained shall be construed as creating any liability on [Wilmington Trust CompanyTrust], individually or personally, to perform any covenant covenants, either expressed or implied implied, contained herein, all such personal liability, if any, being expressly waived by the parties hereto and by any Person person claiming by, through or under the parties hereto hereto, and (d) under no circumstances shall [Wilmington Trust Company Trust] be personally liable for the payment of any indebtedness or expenses of the Issuer Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer Trust under this AmendmentAgreement or any other related document.

Appears in 3 contracts

Samples: Underwriting Agreement (Nissan Wholesale Receivables Corp Ii), Underwriting Agreement (Nissan Wholesale Receivables Corp Ii), Underwriting Agreement (Nissan Wholesale Receivables Corp Ii)

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Owner Trustee Limitation of Liability. It is expressly understood and agreed by the parties hereto that (a) this Amendment Indenture Supplement is executed and delivered by Wilmington Trust CompanyTrust, National Association, not individually or personally, but solely as Owner Trustee of the Issuer under the Trust Agreement, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as a personal representation, undertaking and agreement by Wilmington Trust Company Trust, National Association but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust CompanyTrust, National Association, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (d) under no circumstances shall Wilmington Trust Company Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this AmendmentIndenture Supplement or the other Transaction Documents.

Appears in 3 contracts

Samples: Indenture Supplement, Indenture Supplement (Nationstar Mortgage Holdings Inc.), Indenture Supplement (Nationstar Mortgage Holdings Inc.)

Owner Trustee Limitation of Liability. It is expressly understood and agreed by the parties hereto that (a) this Amendment Indenture Supplement is executed and delivered by Wilmington Trust Company, not individually or personally, but solely as Owner Trustee of the Issuer under the Trust Agreement, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as a personal representation, undertaking and agreement by Wilmington Trust Company but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust Company, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (d) under no circumstances shall Wilmington Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this AmendmentIndenture Supplement or the other Transaction Documents.

Appears in 2 contracts

Samples: Amended and Restated Indenture Supplement (New Residential Investment Corp.), Amended and Restated Indenture Supplement (New Residential Investment Corp.)

Owner Trustee Limitation of Liability. It is expressly understood and agreed by the parties hereto that (a) this Amendment is executed and delivered by Wilmington Trust CompanyTrust, National Association, not individually or personally, but solely as Owner Trustee of the Issuer under the Trust Agreement, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as a personal representation, undertaking and agreement by Wilmington Trust Company Trust, National Association but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust CompanyTrust, National Association, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto hereto, (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations or warranties made by the Issuer in this Amendment and (de) under no circumstances shall Wilmington Trust Company Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this AmendmentAmendment or the other Transaction Documents.

Appears in 2 contracts

Samples: Omnibus Amendment (New Residential Investment Corp.), Omnibus Amendment (New Residential Investment Corp.)

Owner Trustee Limitation of Liability. It is expressly understood and agreed by the parties hereto that (a) this Amendment Agreement is executed and delivered by Wilmington Trust CompanyTrust, National Association, not individually or personally, but solely as Owner Trustee of the Issuer under the Trust Agreement, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as a personal representation, undertaking and agreement by Wilmington Trust Company Trust, National Association but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust CompanyTrust, National Association, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (d) under no circumstances shall Wilmington Trust Company Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Amendment.Agreement or the other Transaction Documents. [Signature Pages Follow] 18

Appears in 1 contract

Samples: Receivables Pooling Agreement

Owner Trustee Limitation of Liability. It is expressly understood and agreed by the parties hereto that (a) this Amendment Agreement is executed and delivered by Wilmington Trust CompanyTrust, National Association, not individually or personally, but solely as Owner Trustee of the Issuer under the Trust Agreement, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as a personal representation, undertaking and agreement by Wilmington Trust Company Trust, National Association, but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust CompanyTrust, National Association, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (d) under no circumstances shall Wilmington Trust Company Trust, National Association, be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this AmendmentAgreement or the other Transaction Documents.

Appears in 1 contract

Samples: Receivables Pooling Agreement (Home Loan Servicing Solutions, Ltd.)

Owner Trustee Limitation of Liability. It is expressly understood and agreed by the parties hereto that (a) this Amendment Agreement is executed and delivered by Wilmington Trust CompanyTrust, National Association, not individually or personally, but solely as Owner Trustee of the Issuer under the Trust Agreement, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as a personal representation, undertaking and agreement by Wilmington Trust Company Trust, National Association but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust CompanyTrust, National Association, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto and (d) under no circumstances shall Wilmington Trust Company Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Amendment.Agreement or the other Transaction Documents. 53570.000373 EMF_US 45901410v7

Appears in 1 contract

Samples: Receivables Pooling Agreement (Nationstar Mortgage Holdings Inc.)

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