Liability of the Holders. No Certificateholder shall have any personal liability for any liability or obligation of the Trust. The Certificates shall be fully paid and nonassessable.
Appears in 8 contracts
Samples: Trust Agreement (Imc Home Equity Loan Owner Trust 1998-4), Trust Agreement (Amresco Residential Securities Corp), Trust Agreement (Imc Home Equity Loan Owner Trust 1998-7)
Liability of the Holders. No Certificateholder Holder shall have any personal liability for any liability or obligation of the Trust. The Certificates shall be fully paid and nonassessablenon-assessable.
Appears in 8 contracts
Samples: Deposit Trust Agreement (Residential Resources Inc), Deposit Trust Agreement (Financial Asset Securities Corp), Deposit Trust Agreement (Union Planters Home Equity Corp)
Liability of the Holders. No Certificateholder Holder shall have any personal liability for any liability or obligation of the Trust. The Certificates shall be fully paid and nonassessable.
Appears in 4 contracts
Samples: Deposit Trust Agreement (Prudential Securities Secured Financing Corp), Deposit Trust Agreement (Residential Asset Funding Corp), Trust Agreement (Prudential Securities Secured Financing Corp)
Liability of the Holders. No Certificateholder shall have any personal liability for any liability or obligation of the Trust. The Certificates shall be fully paid and nonassessable.
Appears in 3 contracts
Samples: Trust Agreement (Imc Securities Inc), Trust Agreement (First Alliance Mortgage Co /De/), Trust Agreement (Imc Home Equity Loan Owner Trust 1997-8)
Liability of the Holders. No Certificateholder shall have any personal liability for any liability or obligation of the Trust. The Upon issuance, the Certificates shall be fully paid and nonassessable.
Appears in 2 contracts
Samples: Trust Agreement (Oakwood Homes Corp), Trust Agreement (Oakwood Homes Corp)
Liability of the Holders. No Certificateholder shall have any personal liability for any liability or obligation of the Trust. The Certificates shall be fully paid and nonassessable.
Appears in 1 contract
