Common use of Limitation on Liability of the Obligors Clause in Contracts

Limitation on Liability of the Obligors. The directors, officers, employees or agents of any Obligor shall not be under any liability to the Trustee, the Noteholders, the Originator, the Servicer, any Series Support Provider or any other Person hereunder or pursuant to any document delivered hereunder, it being expressly understood that all such liability is expressly waived and released as a condition of, and as consideration for, the Obligor's execution and delivery of this Master Agreement and the issuance of the Notes. The Obligors may rely in good faith on any document of any kind prima facie properly executed and submitted by any other Person respecting any matters arising hereunder.

Limitation on Liability of the Obligors. The directors, officers, employees or agents of any Obligor shall not be under any liability to the Trustee, the Noteholders, the OriginatorTransferor, the Servicer, any Series Support Provider or any other Person hereunder or pursuant to any document delivered hereunder, it being expressly understood that all such liability is expressly waived and released as a condition of, and as consideration for, the Obligor's Obligors' execution and delivery of this Master Agreement and the issuance of the Notes. The Obligors may rely in good faith on any document of any kind prima facie properly executed and submitted by any other Person respecting any matters arising hereunder.

Limitation on Liability of the Obligors. The directors, officers, employees or agents of any Obligor shall not be under any liability to the Trustee, the Noteholders, the OriginatorContributor, the Servicer, any Series Support Provider Party or any other Person hereunder or pursuant to any document delivered hereunder, it being expressly understood that all such liability is expressly waived and released as a condition of, and as consideration for, the Obligor's execution and delivery of this Master Agreement and the issuance of the Notes. The Obligors may rely in good faith on any document of any kind prima facie properly executed and submitted by any other Person respecting any matters arising hereunder.