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 Agreement is executed by the Securities Administrator (i) this Agreement is executed and delivered by Wells Fargo Bank, National Association, not in its individual capacity xxx xolely as Securities Administrator under the Pooling and Servicing Agreement in the exercise of the powers and authority conferred to and vested in it thereunder and (ii) under no circumstances shall Wells Fargo Bank, National Association in its individual capacity be pexxxxxlly 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 Agreement on behalf of Party B or any assignee.

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (GSAMP Trust 2006-He3), Pooling and Servicing Agreement (GSAMP Trust 2006-Nc2), Pooling and Servicing Agreement (GSAMP Trust 2006-He4)

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Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that insofar as this Agreement is executed by the Securities Administrator (i) this Agreement is executed and delivered by Wells Fargo Bank, National AssociationN.A., not in its individual xxxxvidual capacity xxx xolely but solely as Securities Administrator under the Pooling Master Servicing and Servicing Trust Agreement in the exercise of the powers and authority conferred to and vested in it thereunder and (ii) under no circumstances shall Wells Fargo Bank, National Association N.A. in its individual indixxxxxl capacity be pexxxxxlly 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 Agreement on behalf of Party B or any assignee.B.

Appears in 1 contract

Samples: Master Agreement (GSAA Home Equity Trust 2006-4)

Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that insofar as this Agreement is executed by the Securities Administrator (i) this Agreement is executed and delivered by Wells Fargo Bank, National Association, not in its individual capacity xxx xolely capaxxxx but solely as Securities Administrator under the Pooling Master Servicing and Servicing Trust Agreement in the exercise of the powers and authority conferred to and vested in it thereunder and (ii) under no circumstances shall Wells Fargo Bank, National Association in its individual capacity be pexxxxxlly xx xxrsonally 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 Agreement on behalf of Party B or any assignee.

Appears in 1 contract

Samples: Master Agreement (GSAA Home Equity Trust 2006-11)

Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that insofar as this Agreement is executed by the Securities Administrator (i) this Agreement is executed and delivered by Wells Fargo Bank, National AssociationN.A., not in its individual capacity xxx xolely as but solelx xx Securities Administrator under the Pooling Master Servicing and Servicing Trust Agreement in the exercise of the powers and authority conferred to and vested in it thereunder and (ii) under no circumstances shall Wells Fargo Bank, National Association N.A. in its individual capacity be pexxxxxlly liable personally xxxxxe 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 Agreement on behalf of Party B or any assignee.B.

Appears in 1 contract

Samples: Master Agreement (GSAA Home Equity Trust 2006-2)

Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that insofar as this Agreement is executed by the Securities Administrator (i) this Agreement is executed and delivered by Wells Fargo Bank, National AssociationN.A., not in its individual capacity xxx xolely as Securities but solely xx Xxcurities Administrator under the Pooling Master Servicing and Servicing Trust Agreement in the exercise of the powers and authority conferred to and vested in it thereunder and (ii) under no circumstances shall Wells Fargo Bank, National Association N.A.. in its individual capacity be pexxxxxlly liable 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 Agreement on behalf of Party B or any assignee.B.

Appears in 1 contract

Samples: Master Agreement (GSAA Home Equity Trust 2006-8)

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Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that insofar as this Agreement is executed by the Securities Administrator (i) this Agreement is executed and delivered by Wells Fargo JPMorgan Chase Bank, National Association, not in its individual capacity xxx xolely but solely as Securities Administrator under the Pooling Master Servicing and Servicing Trust Agreement in the exercise of the powers and authority conferred to and vested in it thereunder and (ii) under no circumstances shall Wells Fargo JPMorgan Chase Bank, National Association in its individual capacity be pexxxxxlly 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 Agreement on behalf of Party B or any assignee.

Appears in 1 contract

Samples: Master Agreement (GSAA Home Equity Trust 2006-12)

Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that insofar as this Agreement is executed by the Securities Administrator (i) this Agreement is executed and delivered by Wells Fargo Bank, National Association, not in its individual capacity capacitx xxx xolely solely as Securities Administrator under the Pooling Master Servicing and Servicing Trust Agreement in the exercise of the powers and authority conferred to and vested in it thereunder and (ii) under no circumstances shall Wells Fargo Bank, National Association in its individual capacity be pexxxxxlly xxxxxnally 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 Agreement on behalf of Party B or any assignee.

Appears in 1 contract

Samples: Master Agreement (GSAA Home Equity Trust 2007-3)

Securities Administrator Capacity. It is expressly understood and agreed by the parties hereto that insofar as this Agreement is executed by the Securities Administrator (i) this Agreement is executed and delivered by Wells Fargo Bank, National Association, not in its individual capacity xxx xolely capacxxx xut solely as Securities Administrator under the Pooling Master Servicing and Servicing Trust Agreement in the exercise of the powers and authority conferred to and vested in it thereunder and (ii) under no circumstances shall Wells Fargo Bank, National Association in its individual capacity be pexxxxxlly bx xxxsonally 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 Agreement on behalf of Party B or any assignee.

Appears in 1 contract

Samples: Master Agreement (GSAA Home Equity Trust 2007-6)

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