Common use of No Duties Clause in Contracts

No Duties. Except as Specified in This Agreement or in Instructions. The Owner Trustee shall not have any duty or obligation to manage, make any payment with respect to, register, record, sell, dispose of or otherwise deal with the Trust Assets, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Owner Trustee is a party, except as expressly provided by the terms of this Agreement (including Section 6.02) or any document or written instruction received by the Owner Trustee pursuant to Article IV, the last sentence of Section 6.01 or Section 6.03; and no implied duties or obligations shall be read into this Agreement or any other Transaction Document against the Owner Trustee. The Owner Trustee shall have no responsibility for filing any financing or continuation statement in any public office at any time or to otherwise perfect or maintain the perfection of any security interest or lien granted to it hereunder or to prepare, execute or file any securities law filing (including any filings required by the Xxxxxxxx-Xxxxx Act of 2002) for the Trust or to record this Agreement or any other Transaction Document. The Owner Trustee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens on any part of the Trust Assets that result from actions by, or claims against, the Owner Trustee, in its individual capacity, that are not related to the ownership or the administration of the Trust Assets or the transactions contemplated by the Transaction Documents.

No Duties. Except as Specified in This this Agreement the Transaction Documents or in Instructions. Instructions The Owner Trustee shall not have any duty or obligation to manage, make any payment with respect to, register, record, sell, dispose of of, or otherwise deal with the Owner Trust AssetsEstate, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Owner Trustee or the Trust is a party, except as expressly provided by the terms of this Agreement (including Section 6.02) Agreement, any Transaction Document to which the Owner Trustee is a Party or in any document or written instruction received by the Owner Trustee pursuant to Article IV, the last sentence of Section 6.01 or Section 6.036.3; and no implied duties or obligations shall be read into this Agreement or any other Transaction Document against the Owner Trustee. The Owner Trustee shall have no responsibility for filing any financing or continuation statement in any public office at any time anytime or to otherwise perfect or maintain the perfection of any security interest or lien granted to it hereunder or to prepare, execute or file any securities law tax or Securities and Exchange Commission filing (including any filings required by the Xxxxxxxx-Xxxxx Act of 2002) for the Trust or to record this Agreement or any other Transaction Document. The Owner Trustee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens on any part of the Owner Trust Assets Estate that result from actions by, or claims against, the Owner Trustee, Trustee in its individual capacity, capacity that are not related to the ownership or the administration of the Owner Trust Assets or the transactions contemplated by the Transaction DocumentsEstate.

No Duties. Except as Specified in This this Agreement or in Instructions. The Owner Trustee shall not have any duty or obligation to manage, make any payment with respect to, register, record, sell, dispose of of, or otherwise deal with the Owner Trust AssetsEstate, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby Basic Document to which the Owner Trustee is a partyparty or otherwise contemplated hereby, except as expressly provided by the terms of this Agreement (including Section 6.02) Agreement, any Basic Document to which the Trust is a party or in any document or written instruction received by the Owner Trustee pursuant to Article IV, the last sentence of Section 6.01 or Section 6.03; and no . No implied duties or obligations shall be read into this Agreement or any other Transaction Basic Document against the Owner Trustee. The Owner Trustee shall have no responsibility for filing any financing or continuation statement in any public office at any time or otherwise to otherwise perfect or maintain the perfection of any security interest or lien granted to it hereunder or to prepare, execute prepare or file any securities law Securities and Exchange Commission filing (including any filings required by the Xxxxxxxx-Xxxxx Act of 2002) for the Trust or to record this Agreement or any Basic Document. Notwithstanding anything to the contrary herein or in any Basic Document, the Owner Trustee shall not be required to execute, deliver or certify on behalf of the Trust or any other Transaction DocumentPerson any filings, certificates, affidavits or other instruments required under the Xxxxxxxx-Xxxxx Act of 2002, to the extent permitted by applicable law. The Owner Trustee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens on any part of the Owner Trust Assets Estate that result from actions by, or claims against, the Owner Trustee, in its individual capacity, Trustee that are not related to the ownership or the administration of the Owner Trust Assets or the transactions contemplated by the Transaction DocumentsEstate.

No Duties. Except as Specified in This this Agreement or in Instructions. The Owner Trustee shall not have any duty or obligation to manage, make any payment with respect to, register, record, sell, dispose of of, or otherwise deal with the Trust AssetsEstate, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Issuer or the Owner Trustee is a party, except as expressly provided by the terms of this Agreement (including Section 6.02) or in any document or written instruction received by the Owner Trustee pursuant to Article IV, the last sentence of Section 6.01 or Section 6.036.3; and no implied duties (including fiduciary duties existing at law or in equity) or obligations shall be read into this Agreement or any other Transaction Document against the Owner Trustee. The Owner Trustee shall have no responsibility for filing any financing or continuation statement in any public office at any time or to otherwise perfect or maintain the perfection of any security interest or lien Lien granted to it hereunder or to prepare, execute prepare or file any securities law Commission filing (including any filings required by under the Xxxxxxxx-Xxxxx Act of 2002) Act), for the Trust Issuer or to record this Agreement or any other Transaction Document. The Owner Trustee Citibank nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens Liens on any part of the Trust Assets Estate that result from actions by, or claims against, the Owner Trustee, in its individual capacity, Citibank that are not related to the ownership or the administration of the Trust Assets Estate. The Owner Trustee shall have no responsibility or liability for or with respect to the transactions contemplated by genuineness, value, sufficiency or validity of the Transaction DocumentsTrust Estate.

No Duties. Except as Specified in This this Agreement or in Instructions. The Owner Trustee shall not have any duty or obligation to manage, make any payment with respect to, register, record, sell, dispose of of, or otherwise deal with the Owner Trust AssetsEstate, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby Basic Document to which the Owner Trustee is a partyparty or otherwise contemplated hereby, except as expressly provided by the terms of this Agreement (including Section 6.02) Agreement, any Basic Document to which the Trust is a party or in any document or written instruction received by the Owner Trustee pursuant to Article IV, the last sentence of Section 6.01 or Section 6.03; and no . No implied duties or obligations shall be read into this Agreement or any other Transaction Basic Document against the Owner Trustee. The Owner Trustee shall have no responsibility for filing any financing or continuation statement in any public office at any time or otherwise to otherwise perfect or maintain the perfection of any security interest or lien granted to it hereunder or to prepare, execute prepare or file any securities law Securities and Exchange Commission filing (including any filings required by the Xxxxxxxx-Xxxxx Act of 2002) for the Trust or to record this Agreement or any other Transaction Basic Document. The Notwithstanding anything to the contrary herein or in any Basic Document, the Owner Trustee shall not be required to execute, deliver or certify on behalf of the Trust or any other Person any filings, certificates, affidavits or other instruments required under the Sarbanes-Oxley Act of 2002, to the extent permitted by applicable law. Xxx Xxxxx Xxxstee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens on any part of the Owner Trust Assets Estate that result from actions by, or claims against, the Owner Trustee, in its individual capacity, Trustee that are not related to the ownership or the administration of the Owner Trust Assets or the transactions contemplated by the Transaction DocumentsEstate.

No Duties. Except as Specified in This Agreement or in Instructions. The Owner Trustee shall not have any duty or obligation to manage, make any payment with respect to, register, record, sell, dispose of or otherwise deal with the Trust Assets, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Owner Trustee is a party, except as expressly provided by the terms of this Agreement (including Section 6.02) or any document or written instruction received by the Owner Trustee pursuant to Article IV, the last sentence of Section IV or Sections 6.01 or Section and 6.03; and no implied duties or obligations shall be read into this Agreement or any other Transaction Document against the Owner Trustee. The Owner Trustee shall have no responsibility for filing any financing or continuation statement in any public office at any time or to otherwise perfect or maintain the perfection of any security interest or lien granted to it hereunder or to prepare, execute or file any securities law or tax law filing (including any filings required by the Xxxxxxxx-Xxxxx Act of 2002) for the Trust or to record this Agreement or any other Transaction Document. The Owner Trustee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens on any part of the Trust Assets that result from actions by, or claims against, the Owner Trustee, in its individual capacity, that are not related to the ownership or the administration of the Trust Assets or the transactions contemplated by the Transaction Documents.

No Duties. Except as Specified in This this Agreement or in Instructions. ------------- The Owner Trustee shall not have any duty or obligation to manage, make any payment with respect to, register, record, sell, dispose of of, or otherwise deal with the Trust AssetsProperty or act on behalf of the Issuer, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Owner Trustee or the Issuer is a party, except as expressly provided by the terms of this Agreement (including Section 6.02) or in any document or written instruction received by the Owner Trustee pursuant to Article IV, the last sentence of Section 6.01 or Section 6.036.3 hereunder; and no implied duties or obligations shall be read into this Agreement or any other Transaction Basic Document against the Owner Trustee. The Owner Trustee shall have no responsibility for officer's certificates or certificates of compliance to be executed by the Issuer or for filing any financing or continuation statement in any public office at any time or to otherwise perfect or maintain the perfection of any security interest or lien granted to it hereunder or to prepare, execute prepare or file any securities law filing (including any filings required by the Xxxxxxxx-Xxxxx Act of 2002) for the Trust with the Securities and Exchange Commission or to record this Agreement or any other Transaction Basic Document. The Owner Trustee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens Liens on any part of the Trust Assets Property that result from actions by, or claims against, the Owner Trustee, Trustee (solely in its individual capacity, ) and that are not related to the ownership or the administration of the Trust Assets or the transactions contemplated by the Transaction DocumentsProperty.

No Duties. Except as Specified in This Agreement under Specified Documents or in Instructions. The Owner Trustee shall not have any duty or obligation to manage, make any payment with respect to, register, record, sell, dispose of of, or otherwise deal with the Owner Trust AssetsEstate, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Owner Trustee is a party, except as expressly provided by (a) in accordance with the terms of this Agreement (including Section 6.02) or any document or written instruction received by powers granted to and the authority conferred upon the Owner Trustee pursuant to Article IVthis Trust Agreement, (b) in accordance with the last sentence of Basic Documents and (c) in accordance with any document or instruction delivered to the Owner Trustee pursuant to Section 6.01 or Section 6.034.03; and no implied duties or obligations shall be read into this Trust Agreement or any other Transaction Basic Document against the Owner Trustee. The Owner Trustee shall have no responsibility for filing (i) to file any financing or continuation statement in any public office at any time or time, (ii) to otherwise perfect or maintain the perfection of any security interest or lien granted to it hereunder hereunder, (iii) to record this Trust Agreement or any Basic Document or (iv) to prepare, execute prepare or file any securities law Securities and Exchange Commission filing (including any filings required by the Xxxxxxxx-Xxxxx Act of 2002) for the Trust or Trust, provided, that if necessary, the Owner Trustee will execute any documents required to record this Agreement or any other Transaction Documenteffectuate such filings. The Owner Trustee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens on any part of the Owner Trust Assets Estate that result from actions by, or claims against, the Owner Trustee, in its individual capacity, Trustee that are not related to the ownership or the administration of the Owner Trust Assets or the transactions contemplated by the Transaction DocumentsEstate.

No Duties. Except as Specified in This Agreement under Specified Documents or in Instructions. The Owner Trustee shall not have any duty or obligation to manage, make any payment with respect to, register, record, sell, dispose of of, or otherwise deal with the Trust AssetsEstate, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which the Owner Trustee is a party, except as expressly provided by in accordance with (i) the terms of this Agreement (including Section 6.02) or any document or written instruction received by powers granted to and the authority conferred upon the Owner Trustee pursuant to Article IVthis Agreement, (ii) the last sentence of Basic Documents, and (iii) any document or instruction delivered to the Owner Trustee pursuant to Section 6.01 or Section 6.034.03; and no implied duties or obligations shall be read into this Agreement or any other Transaction Basic Document against the Owner Trustee. The Owner Trustee shall have no responsibility for filing any financing or continuation statement in any public office at any time or to otherwise perfect or maintain the perfection of any security interest or lien Lien granted to it hereunder or to prepare, execute prepare or file any securities law filing (including any filings required by with the Xxxxxxxx-Xxxxx Act of 2002) Securities and Exchange Commission for the Trust or to record this Agreement or any other Transaction Basic Document. The Owner Trustee nevertheless agrees that it will, at its own cost and expense, promptly take all action as may be necessary to discharge any liens Liens on any part of the Trust Assets Estate that result from actions by, or claims against, the Owner Trustee, in its individual capacity, Trustee that are not related to the ownership or the administration of the Trust Assets or the transactions contemplated by the Transaction DocumentsEstate.