Common use of OBLIGATIONS AS CORPORATE OBLIGATIONS Clause in Contracts

OBLIGATIONS AS CORPORATE OBLIGATIONS. 15.1 No Transaction Party which is a party to this Agreement shall have any recourse against nor shall any personal liability attach to any shareholder, officer, agent, employee or director of the Issuer in his capacity as such, by any proceedings or otherwise, in respect of any obligation, covenant, or agreement of the Issuer contained in this Agreement.

Appears in 6 contracts

Samples: Servicing Agreement, Servicing Agreement, Servicing Agreement

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OBLIGATIONS AS CORPORATE OBLIGATIONS. 15.1 No Transaction Party which is a party to this Agreement shall have any recourse against nor shall any personal liability attach to any shareholder, officer, agent, employee or director of the Issuer in his capacity as such, by any proceedings Proceedings or otherwise, in respect of any obligation, covenant, or agreement of the Issuer contained in this Agreement.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

OBLIGATIONS AS CORPORATE OBLIGATIONS. 15.1 22.1 No Transaction Party which is a party to this Agreement shall have any recourse against nor shall any personal liability attach to any shareholder, officer, agent, employee or director of the Issuer in his capacity as such, by any proceedings or otherwise, in respect of any obligation, covenant, or agreement of the Issuer contained in this Agreement.

Appears in 4 contracts

Samples: Receivables Purchase Agreement, Repurchase Agreement, Receivables Purchase Agreement

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OBLIGATIONS AS CORPORATE OBLIGATIONS. 15.1 20.1 No Transaction Party which is a party to this Agreement shall have any recourse against nor shall any personal liability attach to any shareholder, officer, agent, employee or director of the Issuer in his capacity as such, by any proceedings or otherwise, in respect of any obligation, covenant, or agreement of the Issuer contained in this Agreement.

Appears in 1 contract

Samples: Receivables Purchase Agreement

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