Participant Liability Generally. In the event Participant exercises its rights pursuant to Article X, neither Participant nor any of its officers, directors, employees, attorneys or agents, including any Servicer and any Subservicer, shall be liable for any action taken or omitted to be taken by them or any one of them under this Agreement or in connection with any Loan or Collateral or any portion thereof, except for any act or omission constituting willful misconduct.
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Samples: Participation and Servicing Agreement, Participation and Servicing Agreement, Participation and Servicing Agreement
Participant Liability Generally. In the event Participant exercises its rights pursuant to Article X, neither Participant nor any of its officers, directors, employees, attorneys or agents, including any Servicer and any Subservicer, shall be liable for any action taken or omitted to be taken by them or any one of them under this Agreement or in connection with any Loan or Collateral or any portion thereof, except for any act or omission constituting willful misconduct.
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Participant Liability Generally. In the event the Participant exercises its rights pursuant to Article X, neither the Participant nor any of its officers, directors, employees, attorneys or agents, including any the Servicer and any Subservicer, shall be liable for any action taken or omitted to be taken by them or any one of them under this Agreement or in connection with any Loan Loan, Collateral or Collateral Acquired Collateral, or any portion thereof, except for any act or omission constituting willful misconductmisconduct or a material breach of this Agreement.
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