Rights of the Backup Servicer Sample Clauses

Rights of the Backup Servicer. (a) Anything herein to the contrary notwithstanding, in no event shall the Backup Servicer be liable for special, indirect, incidental, punitive or consequential loss or damage of any kind whatsoever (including but not limited to lost profits), whether or not any such damages were foreseeable or contemplated, even if the Backup Servicer has been advised of the likelihood of such loss or damage and regardless of the form of action.
AutoNDA by SimpleDocs
Rights of the Backup Servicer. (a) To the extent that such roles are performed by different Persons, the Backup Servicer shall not be imputed with any knowledge of, or information possessed or obtained by, the Indenture Trustee, the Grantor Trust Trustee or Custodian and vice versa.
Time is Money Join Law Insider Premium to draft better contracts faster.