Common use of LIMITATION ON LIABILITY OF THE FISCAL AGENT AND OTHERS Clause in Contracts

LIMITATION ON LIABILITY OF THE FISCAL AGENT AND OTHERS. Neither the Fiscal Agent nor any of the directors, officers, employees, agents or Controlling Persons of the Fiscal Agent shall be under any liability to the Certificateholders, the Depositor, or the Trustee for any action taken or for refraining from the taking of any action in good faith, using reasonable business judgment, pursuant to this Agreement; provided that this provision shall not protect the Fiscal Agent or any such person against any liability which would otherwise be imposed by reason of willful misfeasance, bad faith or negligence in its performance of duties under this Agreement. The Fiscal Agent and any director, officer, employee or agent of the Fiscal Agent may rely in good faith on any document of any kind prima facie properly executed and submitted by any Person respecting any matters arising hereunder. The Fiscal Agent shall not be under any obligation to appear in, prosecute or defend any legal action which is not incidental to its obligations under this Agreement. The provisions of this Section 4.7 shall survive the resignation or removal of the Fiscal Agent and the termination of this Agreement.

LIMITATION ON LIABILITY OF THE FISCAL AGENT AND OTHERS. Neither the Fiscal Agent nor any of the directors, officers, employees, agents or Controlling Persons of the Fiscal Agent shall be under any liability to the Certificateholders, the Depositor, or the Trustee for any action taken or for refraining from the taking of any action in good faith, using reasonable business judgment, pursuant to this Agreement; provided that this provision shall not protect the Fiscal Agent or any such person against any liability which would otherwise be imposed by reason of willful misfeasance, bad faith or negligence in its performance of duties under this Agreement. The Fiscal Agent and any director, officer, employee or agent of the Fiscal Agent may rely in good faith on any document of any kind prima facie properly executed and submitted by any Person respecting any matters arising hereunder. The Fiscal Agent shall not be under any obligation to appear in, prosecute or defend any legal action which is not incidental to its obligations under this Agreement. The provisions of this Section 4.7 4.9 shall survive the resignation or removal of the Fiscal Agent and the termination of this Agreement.

LIMITATION ON LIABILITY OF THE FISCAL AGENT AND OTHERS. Neither the Fiscal Agent nor any of the directors, officers, employees, agents or Controlling Persons of the Fiscal Agent shall be under any liability to the Certificateholders, the Depositor, or the Trustee for any action taken or for refraining from the taking of any action in good faith, using reasonable business judgment, pursuant to this Agreement; provided that this provision shall not protect the Fiscal Agent or any such person against any liability which would otherwise be imposed by reason of willful misfeasance, bad faith or negligence in its performance of duties under this Agreement. The Fiscal Agent and any director, officer, employee or agent of the Fiscal Agent may rely in good faith on any document of any kind prima facie properly executed and submitted by any Person respecting any matters arising hereunder. The Fiscal Agent shall not be under any obligation to appear in, prosecute or defend any legal action which is not incidental to its obligations under this Agreement. The provisions of this Section 4.7 7.20 shall survive the resignation or removal of the Fiscal Agent and the termination of this Agreement.