Common use of General Limitation Clause in Contracts

General Limitation. The liability of the Issuer, Master Servicer, Guarantor and Trustee and any successor extends only to its performance in good faith of the duties and responsibilities specifically imposed by the terms of the Trust Documents. No other duties or responsibilities will be implied.

Appears in 12 contracts

Sources: Second Amended and Restated 2007 Multifamily Master Trust Agreement, Master Trust Agreement, Second Amended and Restated 2016 Single Family Master Trust Agreement

General Limitation. The liability of each of the Issuer, Master Servicer, Guarantor and Trustee and any successor extends only to its performance in good faith of the duties and responsibilities specifically imposed by the terms of the Trust Documents. No other duties or responsibilities will be implied.

Appears in 11 contracts

Sources: SMBS Master Trust Agreement, Single Family Mega/Supers Master Trust Agreement, Single Family Mega/Supers Master Trust Agreement

General Limitation. The liability of the Issuer, Master Servicer, Guarantor and Trustee and any successor extends only to its performance in good faith of the duties and responsibilities specifically imposed by the terms of the Trust Documents. No other duties or responsibilities will be implied.

Appears in 4 contracts

Sources: Remic Master Trust Agreement, Remic Master Trust Agreement, Remic Master Trust Agreement

General Limitation. The liability of the Issuer, Master Servicer, Guarantor and and‌ Trustee and any successor extends only to its performance in good faith of the duties and responsibilities specifically imposed by the terms of the Trust Documents. No other duties or responsibilities will be implied.

Appears in 3 contracts

Sources: Multifamily Master Trust Agreement, Amended and Restated 2021 Multifamily Master Trust Agreement, 2021 Multifamily Master Trust Agreement

General Limitation. The liability of the Issuer, Master Servicer, Guarantor Guarantor‌ and Trustee and any successor extends only to its performance in good faith of the duties and responsibilities specifically imposed by the terms of the Trust Documents. No other duties or responsibilities will be implied.

Appears in 1 contract

Sources: 2017 Multifamily Master Trust Agreement

General Limitation. The liability of the Issuer, Master Servicer, Guarantor and Trustee and any successor extends only to its performance in good faith of the duties and responsibilities specifically imposed by the terms of the this Trust DocumentsAgreement. No other duties or responsibilities will be implied.

Appears in 1 contract

Sources: Trust Agreement

General Limitation. The liability of the Issuer, Master Servicer, the Guarantor and the Trustee and any successor thereto extends only to its performance in good faith of the duties and responsibilities specifically imposed by the terms of the Trust Documents. No other duties or responsibilities will be implied.

Appears in 1 contract

Sources: Trust Agreement