Common use of Owner Trustee Obligation Clause in Contracts

Owner Trustee Obligation. No recourse may be taken, directly or indirectly, against (a) any incorporator, subscriber to the capital stock, stockholder, officer, employee, agent or director of the Owner Trustee or of any predecessor of the Owner Trustee, (b) any partner, beneficiary, agent, officer, director, employee, or successor or assign of a holder of a beneficial interest in the Owner Trustee, (c) any incorporator, subscriber to the capital stock, stockholder, officer, director, employee or agent of the Indenture Trustee or any predecessor or successor of the Indenture Trustee, or (d) any incorporator, subscriber to capital stock, stockholder, officer, director, employee or agent of the Indenture Trustee or any predecessor or successor thereof, with respect to the Owner Trustee's obligations with respect to the Notes or any of the statements, representations, covenants, warranties or obligations of the Owner Trustee under this Indenture or any Note or other writing delivered in connection herewith or therewith.

Owner Trustee Obligation. No recourse may be taken, directly or indirectly, against (a) any incorporator, subscriber to the capital stock, stockholder, officer, 130 2003-A Indenture employee, agent or director of the Owner Trustee or of any predecessor of the Owner Trustee, (b) any partner, beneficiary, agent, officer, director, employee, or successor or assign of a holder of a beneficial interest in the Owner Trustee, (c) any incorporator, subscriber to the capital stock, stockholder, officer, director, employee or agent of the Indenture Trustee or any predecessor or successor of the Indenture Trustee, or (d) any incorporator, subscriber to capital stock, stockholder, officer, director, employee or agent of the Indenture Trustee or any predecessor or successor thereof, with respect to the Owner Trustee's obligations with respect to the Notes or any of the statements, representations, covenants, warranties or obligations of the Owner Trustee under this Indenture or any Note or other writing delivered in connection herewith or therewith.