Common use of Payment from Indenture Estate Only Clause in Contracts

Payment from Indenture Estate Only. All payments of ---------------------------------- principal, Make-Whole Amount, if any, and interest to be made by the Owner Trust and, except as otherwise provided in the Operative Documents, all payments of any other amounts payable by or on behalf of the Owner Trust under the Secured Notes and this Indenture, shall be made only from the income and proceeds from the Indenture Estate, and only to the extent that the Indenture Trustee shall have received sufficient income or proceeds from the Indenture Estate to make such payments in accordance with the terms hereof. Each Holder, by its acceptance of a Secured Note, agrees that it will look solely to the income and proceeds from the Indenture Estate to the extent available for payment as herein provided and that (a) none of the Managing Trustee or the Indenture Trustee (whether in their respective individual or trust capacities) or the Owner Trust shall be personally liable to such Holder for any amounts payable under the Secured Notes, nor, except as specifically provided herein or in the other Operative Documents, for any amounts payable or any liability under this Indenture and (b) the Owner Participant shall not be liable to the Indenture Trustee or to any Holder under any circumstances for any reason whatsoever, except to the extent expressly provided herein or in any other Operative Document.

Payment from Indenture Estate Only. All payments of ---------------------------------- principal, Make-Whole Amount, if any, and interest to be made by the Owner Trust Trustee and, except as otherwise provided in the Operative Documents, all payments of any other amounts payable by or on behalf of the Owner Trust Trustee under the Secured Notes and this Indenture, shall be made only from the income and proceeds from the Indenture Estate, and only to the extent that the Indenture Trustee shall have received sufficient income or proceeds from the Indenture Estate to make such payments in accordance with the terms hereof. Each Holder, by its acceptance of a Secured Note, agrees that it will look solely to the income and proceeds from the Indenture Estate to the extent available for payment as herein provided and that (a) none of the Managing Owner Trustee or the Indenture Trustee (whether in their respective its individual or trust capacitiescapacity) or the Owner Trust shall be personally liable to such Holder for any amounts payable under the Secured Notes, nor, except as specifically provided herein or in the other Operative Documents, for any amounts payable or any liability under this Indenture and (b) the Owner Participant shall not be liable to the Indenture Trustee or to any Holder under any circumstances for any reason whatsoever, whatsoever except to the extent expressly provided herein or in any other Operative Document.