Common use of Securities Administrator Capacity Clause in Contracts

Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that insofar as this Annex is executed by Wells Fargo Bank, National Association (i) this Annex is executed xxx delivered by Wells Fargo Bank, National Association not in its individual capacity but solely as Securities Administrator under the PSA in the exercise of the powers and authority conferred and invested in it as Securities Administrator thereunder, (ii) each of the representations, undertakings and agreements herein made on behalf of the Trust is made and intended not as personal representations of the Securities Administrator but is made and intended for the purpose of binding only the Trust, and (iii) under no circumstances shall Wells Fargo Bank, National Association in its individual capacity xx xersonally liable for the payment of any indebtedness or expenses or be personally liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken under this Annex.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-He6), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-Nc3), Pooling and Servicing Agreement (Morgan Stanley Home Equity Loan Trust 2007-2)

AutoNDA by SimpleDocs

Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that insofar as this Annex Agreement is executed by Wells Fargo Bank, National Association (i) this Annex is executed xxx Agreement ix xxxcuted and delivered by Wells Fargo Bank, National Association not in its individual capacity individuax xxxacity but solely as Securities Administrator under the PSA in the exercise of the powers and authority conferred and invested vested in it as Securities Administrator securities administrator thereunder, (ii) each of the representations, undertakings and agreements herein made on behalf of the Trust Party B is made and intended not as personal representations of the Securities Administrator but is made and intended for the purpose of binding only the Trust, and (iii) under no circumstances shall Wells Fargo Bank, National Association in its individual capacity xx xersonally caxxxxxy be personally liable for the payment of any indebtedness or expenses or be personally liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken under this AnnexAgreement.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-He6), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-Nc3), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-Nc2)

Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that insofar as this Annex is executed by Wells Fargo Bank, National Association (i) this Annex is executed xxx delivered by Wells Fargo Bank, National Association not in its individual capacity but solely as Securities Administrator under the PSA in the exercise of the powers and authority conferred and invested in it as Securities Administrator securities administrator thereunder, (ii) each of the representations, undertakings and agreements herein made on behalf of the Trust is made and intended not as personal representations of the Securities Administrator but is made and intended for the purpose of binding only the Trust, and (iii) under no circumstances shall Wells Fargo Bank, National Association in its individual capacity xx xersonally liable for the payment of any indebtedness or expenses or be personally liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken under this Annex.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Capital I Inc. Trust 2006-He2), Pooling and Servicing Agreement (Morgan Stanley Capital I Inc. Trust 2006-He2), Pooling and Servicing Agreement (Morgan Stanley Capital I Inc. Trust 2006-He2)

Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that insofar as this Annex Agreement is executed by Wells Fargo Bank, National Association (i) this Annex is executed xxx Agreement ix xxxcuted and delivered by Wells Fargo Bank, National Association not in its individual capacity individuax xxxacity but solely as Securities Administrator under the PSA in the exercise of the powers and authority conferred and invested in it as Securities Administrator securities administrator thereunder, (ii) each of the representations, undertakings and agreements herein made on behalf of the Trust is made and intended not as personal representations of the Securities Administrator but is made and intended for the purpose of binding only the Trust, and (iii) under no circumstances shall Wells Fargo Bank, National Association in its individual capacity xx xersonally caxxxxxy be personally liable for the payment of any indebtedness or expenses or be personally liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken under this AnnexAgreement.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Capital I Inc. Trust 2006-He2), Pooling and Servicing Agreement (Morgan Stanley Capital I Inc. Trust 2006-He2), Pooling and Servicing Agreement (Morgan Stanley Capital I Inc. Trust 2006-He2)

Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that insofar as this Annex Agreement is executed by Wells Fargo Bank, National Association (i) this Annex is executed xxx Agreement ix xxxcuted and delivered by Wells Fargo Bank, National Association not in its individual capacity individuax xxxacity but solely as Securities Administrator under the PSA in the exercise of the powers and authority conferred and invested vested in it as Securities Administrator thereunder, (ii) each of the representations, undertakings and agreements herein made on behalf of the Trust Party B is made and intended not as personal representations of the Securities Administrator but is made and intended for the purpose of binding only the Trust, and (iii) under no circumstances shall Wells Fargo Bank, National Association in its individual capacity xx xersonally caxxxxxy be personally liable for the payment of any indebtedness or expenses or be personally liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken under this AnnexAgreement.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Home Equity Loan Trust 2007-2), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-He7)

Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that insofar as this Annex is executed by Wells Fargo Bank, National Association (i) this Annex is executed xxx and delivered by Wells Fargo Bank, National Association Association, not in its individual capacity capxxxxx but solely as Securities Administrator under the PSA in the exercise of the powers and authority conferred and invested in it as Securities Administrator thereunder, (ii) each of the representations, undertakings and agreements herein made on behalf of the Trust is made and intended not as personal representations of the Securities Administrator but is made and intended for the purpose of binding only the Trust, and (iii) under no circumstances shall Wells Fargo Bank, National Association in its individual capacity xx xersonally personally liable for the payment of any indebtedness or expenses or be personally liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken under this Annex.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-Nc4)

Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that insofar as this Annex Agreement is executed by Wells Fargo Bank, National Association N.A. (i) this Annex Agreement is executed xxx delivered and dxxxxxred by Wells Fargo Bank, National Association N.A. not in its individual capacity but solely sxxxxx as Securities Administrator under the PSA in the exercise of the powers and authority conferred and invested vested in it as Securities Administrator securities administrator thereunder, (ii) each of the representations, undertakings and agreements herein made on behalf of the Trust is made and intended not as personal representations of the Securities Administrator but is made and intended for the purpose of binding only the Trust, and (iii) under no circumstances shall Wells Fargo Bank, National Association N.A. in its individual capacity xx xersonally be personxxxx liable for the payment of any indebtedness or expenses or be personally liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken under this AnnexAgreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2006-He8)

AutoNDA by SimpleDocs

Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that insofar as this Annex Confirmation is executed by Wells Fargo Bank, National Association (i) this Annex Confirmation is executed xxx exxxxxed and delivered by Wells Fargo Bank, National Association not in its individual capacity capaxxxx but solely as Securities Administrator of the Trust under the PSA in the exercise of the powers and authority conferred and invested in it as Securities Administrator securities administrator thereunder, (ii) each of the representations, undertakings and agreements herein made on behalf of the Trust Party B is made and intended not as personal representations of the Securities Administrator but is made and intended for the purpose of binding only the Trust, and (iii) under no circumstances shall Wells Fargo Bank, National Association in its individual capacity xx xersonally liable for the payment of any indebtedness or expenses or be personally liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken under this AnnexConfirmation.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-He6)

Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that insofar as this Annex is executed by Wells Fargo Bank, National Association N.A. (i) this Annex is executed xxx and delivered by Wells bx Xxxls Fargo Bank, National Association N.A. not in its individual capacity but solely as Securities xx Xxcurities Administrator under the PSA in the exercise of the powers and authority conferred and invested in it as Securities Administrator securities administrator thereunder, (ii) each of the representations, undertakings and agreements herein made on behalf of the Trust is made and intended not as personal representations of the Securities Administrator but is made and intended for the purpose of binding only the Trust, and (iii) under no circumstances shall Wells Fargo Bank, National Association N.A. in its individual capacity xx xersonally liable be personally lxxxxx for the payment of any indebtedness or expenses or be personally liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken under this Annex.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2006-He8)

Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that insofar as this Annex Agreement is executed by Wells Fargo Bank, National Association (i) this Annex is Agreemexx xx executed xxx and delivered by Wells Fargo Bank, National Association not in its individual indivxxxxx capacity but solely as Securities Administrator under the PSA in the exercise of the powers and authority conferred and invested vested in it as Securities Administrator securities administrator thereunder, (ii) each of the representations, undertakings and agreements herein made on behalf of the Trust Party B is made and intended not as personal representations of the Securities Administrator but is made and intended for the purpose of binding only the Trust, and (iii) under no circumstances shall Wells Fargo Bank, National Association in its individual capacity xx xersonally individuax xxxacity be personally liable for the payment of any indebtedness or expenses or be personally liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken under this AnnexAgreement.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-Nc4)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!