Common use of Non-recourse Obligations Clause in Contracts

Non-recourse Obligations. Notwithstanding anything in this Agreement or any Related Document to the contrary, each of the Delaware Trustee, the Co-Owner Trustee and the Co-Owner Eligible Lender Trustee agrees in its individual capacity and in its respective capacity as Delaware Trustee, Co-Owner Trustee or Co-Owner Eligible Lender Trustee of the Trust that all obligations under this Agreement to the Delaware Trustee, the Co-Owner Trustee or the Co-Owner Eligible Lender Trustee, individually or as Trustees, respectively, of the Trust shall be recourse to the Trust Property only and specifically shall not be recourse to the assets of the Certificateholder.