Common use of Securities Administrator Capacity Clause in Contracts

Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that (i) this Confirmation is executed and delivered by Wells Fargo Bank, National Association, not individually or personally xxx xolely as Securities Administrator of the Trust under the Pooling and Servicing Agreement pursuant to which the Trust was formed, in the exercise of the powers and authority conferred upon and vested in it, and pursuant to instructions set for the therein, (ii) each of the representations, undertakings and agreements by Wells Fargo Bank, National Association is made and intended not as a pexxxxxl representation, undertaking or agreement of Wells Fargo Bank, National Association, but solely for the purpose of bxxxxxg only the Trust, (iii) nothing herein contained shall be construed as imposing any liability upon Wells Fargo Bank, National Association, individually or personally, to xxxxxrm any covenant (either express or implied) contained herein, and all such liability, if any, is hereby expressly waived by the parties hereto, and such waiver shall bind any third party making a claim by or through one of the parties hereto, and (iv) under no circumstances shall Wells Fargo Bank, National Association be personally liable for the payxxxx of any indebtedness or expenses of the Trust, or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Trust under this Confirmation, the Agreement or any related document.

Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that insofar as this Confirmation is executed by the Securities Administrator (i) this Confirmation is executed and delivered by Wells Fargo Bank, National Association, Association not individually or personally xxx xolely in its indxxxxxal capacity but solely as Securities Administrator of the Trust under the Pooling and Servicing Agreement pursuant referred to which the Trust was formed, in this Confirmation in the exercise of the powers and authority conferred upon and vested in it, and pursuant to instructions set for the therein, (ii) each of the representations, undertakings and agreements herein made on the part of Securitized Asset Backed Receivables LLC Trust 2006-NC1 is made and intended not as a personal representation, undertaking or agreement by Wells Fargo Bank, National Association but is made and intended not as a pexxxxxl representation, undertaking or agreement of Wells Fargo Bank, National Association, but solely anx xxxended for the purpose purposes of bxxxxxg binding only the TrustSecuritized Asset Backed Receivables LLC Trust 2006-NC1, (iii) nothing herein contained shall be construed as imposing any liability upon Wells Fargo Bank, National Association, individually or personallyxxrsonally, to xxxxxrm perform any covenant (either express expressed or implied) implied contained herein, and all such liability, if any, is hereby being expressly waived by the parties heretohereto and by any Person claiming by, and such waiver shall bind any third party making a claim by through or through one of under the parties hereto, and (iv) under no circumstances shall Wells Fargo Bank, National Association in its individxxx xapacity be personally liable for the payxxxx payment of any indebtedness or expenses of the Trust, or be personally liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Trust under this Confirmation, the Agreement Confirmation or any other related documentdocuments.

Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that (i) this Confirmation Annex is executed and delivered by Wells Fargo Bank, National Association, the Securities Administrator not individually or personally xxx xolely but solely as Securities Administrator securities administrator of the Trust under the Pooling and Servicing Agreement pursuant to which the Trust was formed, in the exercise of the powers and authority conferred upon and vested in it, and pursuant to instructions set for the thereinTrust, (ii) each of the representations, undertakings and agreements by Wells Fargo Bank, National Association herein made on the part of the Trust is made and intended not as a pexxxxxl representationpersonal representations, undertaking or agreement of Wells Fargo Bank, National Association, undertakings and agreements by the Securities Administrator but solely is made and intended for the purpose of bxxxxxg binding only the Trust, (iii) nothing herein contained shall be construed as imposing creating any liability upon Wells Fargo Bank, National Associationon the part of the Securities Administrator, individually or personally, to xxxxxrm perform any covenant (either express expressed or implied) implied contained herein, and all such liability, if any, is hereby being expressly waived by the parties heretohereto and by any Person claiming by, and such waiver shall bind any third party making a claim by through or through one of under the parties hereto, hereto and (iv) under no circumstances shall Wells Fargo Bank, National Association the Securities Administrator be personally liable for the payxxxx payment of any indebtedness or expenses of the Trust, Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Trust under this Confirmation, the Agreement Annex or any other related documentdocuments as to all of which recourse shall be had solely to the assets of the Trust in accordance with the terms of the Trust Agreement; unless the Securities Administrator was grossly negligent or acted with wilful misconduct.

Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that insofar as this Confirmation is executed by the Securities Administrator (i) this Confirmation is executed and delivered by Wells Xxxxx Fargo Bank, National AssociationN.A., not individually or personally xxx xolely in its individual capacity, but solely as Securities Administrator of the Supplemental Interest Trust, HSI Asset Securitization Corporation Trust 2006-OPT2 created under the Pooling and Servicing Agreement pursuant referred to which the Trust was formed, in this Confirmation in the exercise of the powers and authority conferred upon and vested in it, it thereunder and pursuant to instructions set for the therein, forth therein (ii) each of the representations, undertakings and agreements by Wells Fargo Bank, National Association herein made on the part of the Supplemental Interest Trust is made and intended not as a pexxxxxl personal representation, undertaking or agreement of Wells by Xxxxx Fargo Bank, National Association, N.A. but solely is made and intended for the purpose of bxxxxxg binding only the Supplemental Interest Trust, (iii) nothing herein contained shall be construed as imposing any liability upon Wells on Xxxxx Fargo Bank, National AssociationN.A., individually or personally, to xxxxxrm perform any covenant (either express expressed or implied) implied contained herein, and all such liability, if any, is hereby being expressly waived by the parties heretohereto and by any Person claiming by, and such waiver shall bind any third party making a claim by through or through one of under the parties hereto, and (iv) under no circumstances shall Wells Xxxxx Fargo Bank, National Association N.A. in its individual capacity be personally liable for the payxxxx payment of any indebtedness or expenses of the Trust, or be personally liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken under this Confirmation by the Supplemental Interest Trust under this Confirmation, the Agreement or any other related documentdocuments.

Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that (i) this Confirmation Annex is executed and delivered by Wells Fargo Bank, National Association, not individually or personally xxx xolely pexxxxxlly but solely as Securities Administrator of the Trust under the Pooling pooling and Servicing Agreement servicing agreement pursuant to which the Trust was formed, in the exercise of the powers and authority conferred upon and vested in it, and pursuant to instructions set for the forth therein, (ii) each of the representations, undertakings and agreements by Wells Fargo Bank, National Association is made and intended not as nox xx a pexxxxxl personal representation, undertaking or agreement of Wells Fargo Bank, National Association, but solely for the purpose purxxxx of bxxxxxg binding only the Trust, (iii) nothing herein contained shall be construed as imposing any liability upon Wells Fargo Bank, National Association, individually or personallypersonxxxx, to xxxxxrm perform any covenant (either express or implied) contained herein, and all such liability, if any, is hereby expressly waived by the parties hereto, and such waiver shall bind any third party making a claim by or through one of the parties hereto, and (iv) under no circumstances shall Wells Fargo Bank, National Association be personally liable for the payxxxx fox xxx payment of any indebtedness or expenses of the Trust, or be liable for the breach or failure of any obligationobligaion, representation, warranty or covenant made or undertaken by the Trust under this Confirmation, the Agreement Annex or any related document.

Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that (i) this Confirmation Agreement is executed and delivered by Wells Fargo Bank, National Association, the Securities Administrator not individually or personally xxx xolely but solely as Securities Administrator the securities administrator of the Supplemental Interest Trust, Structured Asset Investment Loan Trust under the Pooling and Servicing Agreement pursuant to which the Trust was formedMortgage Pass-Through Certificates, Series 2006-3, in the exercise of the powers and authority conferred upon and vested in it, and pursuant to instructions set for it under the thereinTrust Agreement, (ii) each of the representations, undertakings and agreements by Wells Fargo Bankherein made on the part of Supplemental Interest Trust, National Association Structured Asset Investment Loan Trust Mortgage Pass-Through Certificates, Series 2006-3 is made and intended not as a pexxxxxl representationpersonal representations, undertaking or agreement of Wells Fargo Bank, National Association, undertakings and agreements by the Securities Administrator but solely is made and intended for the purpose of bxxxxxg binding only the Supplemental Interest Trust, Structured Asset Investment Loan Trust Mortgage Pass-Through Certificates, Series 2006-3, (iii) nothing herein contained shall be construed as imposing creating any liability upon Wells Fargo Bank, National Associationon the part of the Securities Administrator, individually or personally, to xxxxxrm perform any covenant (either express expressed or implied) implied contained herein, and all such liability, if any, is hereby being expressly waived by the parties heretohereto and by any Person claiming by, and such waiver shall bind any third party making a claim by through or through one of under the parties hereto, hereto and (iv) under no circumstances shall Wells Fargo Bank, National Association the Securities Administrator be personally liable for the payxxxx payment of any indebtedness or expenses of the Trust, Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Supplemental Interest Trust, Structured Asset Investment Loan Trust Mortgage Pass-Through Certificates, Series 2006-3 under this Confirmation, the Agreement or any other related documentdocuments.

Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that insofar as this Confirmation is executed by the Securities Administrator (i) this Confirmation is executed and delivered by Wells Fargo Bank, National Association, Association not individually or personally xxx xolely in its indxxxxxal capacity but solely as Securities Administrator of the Trust under the Pooling and Servicing Agreement pursuant referred to which the Trust was formed, in this Confirmation in the exercise of the powers and authority conferred upon and vested in it, and pursuant to instructions set for the therein, (ii) each of the representations, undertakings and agreements herein made on the part of Securitized Asset Backed Receivables LLC Trust 2006-WM1 is made and intended not as a personal representation, undertaking or agreement by Wells Fargo Bank, National Association but is made and intended not as a pexxxxxl representation, undertaking or agreement of Wells Fargo Bank, National Association, but solely anx xxxended for the purpose purposes of bxxxxxg binding only the TrustSecuritized Asset Backed Receivables LLC Trust 2006-WM1, (iii) nothing herein contained shall be construed as imposing any liability upon Wells Fargo Bank, National Association, individually or personallyxx xxrsonally, to xxxxxrm perform any covenant (either express expressed or implied) implied contained herein, and all such liability, if any, is hereby being expressly waived by the parties heretohereto and by any Person claiming by, and such waiver shall bind any third party making a claim by through or through one of under the parties hereto, and (iv) under no circumstances shall Wells Fargo Bank, National Association in its individual xapacity be personally liable for the payxxxx payment of any indebtedness or expenses of the Trust, or be personally liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Trust under this Confirmation, the Agreement Confirmation or any other related documentdocuments.

Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that (i) this Confirmation Annex is executed and delivered by Wells Fargo Bank, National Association, not individually or personally xxx xolely persoxxxxx but solely as Securities Administrator of the Trust under the Pooling pooling and Servicing Agreement servicing agreement pursuant to which the Trust was formed, in the exercise of the powers and authority conferred upon and vested in it, and pursuant to instructions set for the forth therein, (ii) each of the representations, undertakings and agreements by Wells Fargo Bank, National Association is made and intended not as a pexxxxxl ax x xersonal representation, undertaking or agreement of Wells Fargo Bank, National Association, but solely for the purpose of bxxxxxg purposx xx binding only the Trust, (iii) nothing herein contained shall be construed as imposing any liability upon Wells Fargo Bank, National Association, individually or personally, to xxxxxrm perform any covenant (either express or implied) contained herein, and all such liability, if any, is hereby expressly waived by the parties hereto, and such waiver shall bind any third party making a claim by or through one of the parties hereto, and (iv) under no circumstances shall Wells Fargo Bank, National Association be personally liable for the payxxxx txx xxyment of any indebtedness or expenses of the Trust, or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Trust under this Confirmation, the Agreement Annex or any related document.

Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that insofar as this Confirmation is executed by the Securities Administrator (i) this Confirmation is executed and delivered by Wells Xxxxx Fargo Bank, National AssociationN.A., not individually or personally xxx xolely in its individual capacity, but solely as Securities Administrator of the Supplemental Interest Trust, HSI Asset Securitization Corporation Trust 2006-OPT1 created under the Pooling and Servicing Agreement pursuant referred to which the Trust was formed, in this Confirmation in the exercise of the powers and authority conferred upon and vested in it, it thereunder and pursuant to instructions set for the therein, forth therein (ii) each of the representations, undertakings and agreements by Wells Fargo Bank, National Association herein made on the part of the Supplemental Interest Trust is made and intended not as a pexxxxxl personal representation, undertaking or agreement of Wells by Xxxxx Fargo Bank, National Association, N.A. but solely is made and intended for the purpose of bxxxxxg binding only the Supplemental Interest Trust, (iii) nothing herein contained shall be construed as imposing any liability upon Wells on Xxxxx Fargo Bank, National AssociationN.A., individually or personally, to xxxxxrm perform any covenant (either express expressed or implied) implied contained herein, and all such liability, if any, is hereby being expressly waived by the parties heretohereto and by any Person claiming by, and such waiver shall bind any third party making a claim by through or through one of under the parties hereto, and (iv) under no circumstances shall Wells Xxxxx Fargo Bank, National Association N.A. in its individual capacity be personally liable for the payxxxx payment of any indebtedness or expenses of the Trust, or be personally liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken under this Confirmation by the Supplemental Interest Trust under this Confirmation, the Agreement or any other related documentdocuments.

Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that insofar as this Confirmation is executed by the Securities Administrator (i) this Confirmation is executed and delivered by Wells Xxxxx Fargo Bank, National AssociationN.A., not individually or personally xxx xolely in its individual capacity, but solely as Securities Administrator of the Supplemental Interest Trust, HSI Asset Securitization Corporation Trust 2005-I1 created under the Pooling and Servicing Agreement pursuant referred to which the Trust was formed, in this Confirmation in the exercise of the powers and authority conferred upon and vested in it, it thereunder and pursuant to instructions set for the therein, forth therein (ii) each of the representations, undertakings and agreements by Wells Fargo Bank, National Association herein made on the part of the Supplemental Interest Trust is made and intended not as a pexxxxxl personal representation, undertaking or agreement of Wells by Xxxxx Fargo Bank, National Association, N.A. but solely is made and intended for the purpose of bxxxxxg binding only the Supplemental Interest Trust, (iii) nothing herein contained shall be construed as imposing any liability upon Wells on Xxxxx Fargo Bank, National AssociationN.A., individually or personally, to xxxxxrm perform any covenant (either express expressed or implied) implied contained herein, and all such liability, if any, is hereby being expressly waived by the parties heretohereto and by any Person claiming by, and such waiver shall bind any third party making a claim by through or through one of under the parties hereto, and (iv) under no circumstances shall Wells Xxxxx Fargo Bank, National Association N.A. in its individual capacity be personally liable for the payxxxx payment of any indebtedness or expenses of the Trust, or be personally liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken under this Confirmation by the Supplemental Interest Trust under this Confirmation, the Agreement or any other related documentdocuments.