Common use of No Duties Except as Specified in this Agreement Clause in Contracts

No Duties Except as Specified in this Agreement. The Bluemont Funding Eligible Lender Trustee shall not have any duty or obligation to manage, make any payment with respect to, register, record, sell, service, dispose of or otherwise deal with the Interim Trust Loans, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Bluemont Funding Eligible Lender Trustee is a party, except as expressly provided by the terms of the Bluemont Funding Purchase Agreement or this Agreement; and no implied duties or obligations shall be read into this Agreement or the Bluemont Funding Purchase Agreement against the Bluemont Funding Eligible Lender Trustee.

Appears in 23 contracts

Samples: Interim Trust Agreement (SLM Student Loan Trust 2012-7), Interim Trust Agreement (SLM Student Loan Trust 2013-4), Interim Trust Agreement (SLM Student Loan Trust 2013-5)

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No Duties Except as Specified in this Agreement. The Bluemont Funding Eligible Lender Trustee shall not have any duty or obligation to manage, make any payment with respect to, register, record, sell, service, dispose of or otherwise deal with the Interim Trust Agreement – Bluemont Funding Interim Trust Loans, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Bluemont Funding Eligible Lender Trustee is a party, except as expressly provided by the terms of the Bluemont Funding Purchase Agreement or this Agreement; and no implied duties or obligations shall be read into this Agreement or the Bluemont Funding Purchase Agreement against the Bluemont Funding Eligible Lender Trustee.

Appears in 2 contracts

Samples: Interim Trust Agreement (SLM Student Loan Trust 2011-3), Interim Trust Agreement (SLM Student Loan Trust 2012-1)

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