Common use of General Limitation Clause in Contracts

General Limitation. The liability of each of the Issuer, 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

Samples: Federal National Mortgage Association, Federal National Mortgage Association, Federal National Mortgage Association

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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 10 contracts

Samples: Federal National Mortgage Association, Master Trust Agreement, Federal National Mortgage Association

General Limitation. The liability of each of the Issuer, 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

Samples: Remic Master Trust Agreement, Remic Master Trust Agreement, Remic Master Trust Agreement

General Limitation. The liability of each 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 1 contract

Samples: Multifamily Master Trust Agreement

General Limitation. The liability of each of the Issuer, 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

Samples: Trust Agreement

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General Limitation. The liability of each of the Issuer, 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

Samples: Trust Agreement

General Limitation. The liability of each of the Issuer, Guarantor 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 1 contract

Samples: Multifamily Master Trust Agreement

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