THE SECURITY TRUSTEE AS A PARTY. Except in respect of the Trust Agreement, the Security Trustee is a party to the Transaction Documents solely for the better preservation and enforcement of its rights thereunder and shall not assume any responsibility, liabilities or obligations under any Transaction Document unless such obligation or liability is expressly assumed by the Security Trustee in such Transaction Document.
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Samples: www.vwfs.com, www.vwfs.com, www.vwfs.com
THE SECURITY TRUSTEE AS A PARTY. Except in respect of the Trust Agreement, the The Security Trustee is a party to the Transaction Documents hereto solely for the better preservation taking benefit of various covenants and enforcement other obligations of its rights thereunder other parties hereto and shall not assume any responsibility, liabilities or obligations under any Transaction Document unless such obligation or incur no liability is expressly assumed by in connection with this Agreement and/or the Security Trustee in such Transaction Documenttransactions hereby envisaged.
Appears in 9 contracts
Samples: Agency Agreement, Subordinated Loan Agreement, Agency Agreement