Common use of Limitation of Liability for Payments Clause in Contracts

Limitation of Liability for Payments. All payments or distributions made to Holders of Certificates under this Certificate Indenture shall be made only from the Trust Property with respect to that Class of Certificates and only to the extent that the Certificate Trustee shall have sufficient income or proceeds from such Trust Property to make such payments in accordance with the terms of Article IV of this Certificate Indenture. Each Holder of a Certificate of any Class, by its acceptance of a Certificate of that Class, agrees that it will look solely to the income and proceeds from the Trust Property with respect to that Class to the extent available for distribution to the Holder thereof as provided in this Certificate Indenture. It is expressly understood and agreed by the parties hereto that (a) the Certificates are executed, authenticated and delivered by the Delaware Trustee and the Certificate Trustee, respectively, not individually or personally but solely in their respective capacity as Delaware Trustee and Certificate Trustee in the exercise of the powers and authority conferred and vested in them, and (b) under no circumstances shall the Delaware Trustee or Certificate Trustee be personally liable for the payment of any of the Certificates or any indebtedness or expenses of the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Certificate Issuer under this Certificate Indenture.

Limitation of Liability for Payments. All Except as otherwise provided in this Certificate Indenture, including without limitation in Section 2.01 hereof, all payments or distributions made to Holders of Certificates under this Certificate Indenture in respect of the Bonds of a Bond Issuer shall be made only from the Trust Property with respect to that Class Tranche of Certificates and only to the extent that the Certificate Trustee shall have sufficient income or proceeds from such Trust Property to make such payments in accordance with the terms of Article IV of this Certificate Indenture. Each Except as otherwise provided in this Certificate Indenture, including without limitation in Section 2.01 hereof, each Holder of a Certificate of any ClassTranche, by its acceptance of a Certificate of that ClassTranche, agrees that it will look solely to the income and proceeds from the Trust Property with respect to that Class Tranche to the extent available for distribution to the Holder thereof as provided in this Certificate Indenture. It is expressly understood and agreed by the parties hereto that (a) the Certificates are executed, authenticated and delivered by the Delaware Trustee and the Certificate Trustee, respectively, not individually or personally but solely in their respective capacity as Delaware Trustee and Certificate Trustee in the exercise of the powers and authority conferred and vested in them, and (b) under no circumstances shall the Delaware Trustee or Certificate Trustee be personally liable for the payment of any of the Certificates or any indebtedness or expenses of the Trust Certificate Issuer, or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Certificate Issuer under this Certificate Indentureindenture.

Limitation of Liability for Payments. All payments or ------------------------------------ distributions made to Holders of Certificates under this Certificate Indenture Trust Agreement shall be made only from the Trust Property with respect to that Series or Class of Certificates and only to the extent that the Certificate Trustee shall have sufficient income or proceeds from such Trust Property to make such payments in accordance with the terms of Article IV of this Certificate IndentureTrust Agreement. Each Holder of a Certificate of any Series or Class, by its acceptance of a Certificate of that Series or Class, agrees that it will look solely to the income and proceeds from the Trust Property with respect to that Series or Class to the extent available for distribution to the Holder thereof as provided in this Certificate IndentureTrust Agreement. It is expressly understood and agreed by the parties hereto that (a) the Certificates are executed, authenticated executed and delivered by the Delaware Trustee and the Certificate TrusteeBankers Trust Company of California, respectively, N.A. not individually or personally but solely in their respective capacity as Delaware Trustee and Certificate Trustee of the Trust, in the exercise of the powers and authority conferred and vested in themit, and (b) under no circumstances shall the Delaware Trustee or Certificate Trustee Bankers Trust Company of California, N.A., be personally liable for the payment of any of the Certificates or any indebtedness or expenses of the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Certificate Issuer Trust under this Certificate IndentureTrust Agreement.

Limitation of Liability for Payments. All payments or distributions made to Holders of Certificates under this Certificate Indenture shall be made only from the Trust Property with respect to that Class of Certificates and only to the extent that the Certificate Trustee shall have sufficient income or proceeds from such Trust Property to make such payments in accordance with the terms of Article IV of this Certificate Indenture. Each Holder of a Certificate of any Class, by its acceptance of a Certificate of that Class, agrees that it will look solely to the income and proceeds from the Trust Property with respect to that Class to the extent available for distribution to the Holder thereof as provided in this Certificate Indenture. It is expressly understood and agreed by the parties hereto that (a) the Certificates are executed, authenticated and delivered by the Delaware Trustee and the Certificate Trustee, respectively, not individually or personally but solely in their respective capacity as Delaware Trustee and Certificate Trustee of the Certificate Issuer in the exercise of the powers and authority conferred and vested in them, and (b) under no circumstances shall the Delaware Trustee or Certificate Trustee be personally liable for the payment of any of the Certificates or any indebtedness or expenses of the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Certificate Issuer under this Certificate Indenture.