Liability of the Certificate Owners. Certificateholders and holders of beneficial interests in Certificates shall be entitled to the same limitation of personal liability extended to stockholders of private corporations for profit organized under the Delaware General Corporation Law.
Appears in 9 contracts
Samples: Trust Agreement (Superior Wholesale Inventory Financing Trust X), Trust Agreement (Superior Wholesale Inventory Financing Trust 2007-Ae-1), Trust Agreement (Superior Wholesale Inventory Financing Trust Xi)
Liability of the Certificate Owners. Certificateholders and holders of beneficial interests in Certificates therein shall be entitled to the same limitation of personal liability extended to stockholders of private corporations for profit organized under the Delaware General Corporation Law.
Appears in 2 contracts
Samples: Trust Agreement (Navistar Financial Corp), Trust Agreement (Wholesale Auto Receivables Corp)
