Representative Capacity. It is expressly understood and agreed by and between the parties hereto that this Agreement is executed and delivered by Wilmington Trust Company, not it its individual capacity but solely as Owner Trustee under the Trust Agreement in the exercise of the power and authority conferred and vested in it as such Owner Trustee.
Appears in 1 contract
Sources: Transfer and Servicing Agreement (Hrsi Funding Inc Ii)
Representative Capacity. It is expressly understood and agreed by and between the parties hereto that this Agreement is executed and delivered by Wilmington Trust Company, not it in its individual capacity but solely as Owner Trustee under the Trust Agreement in the exercise of the power and authority conferred and vested in it as such Owner Trustee. In no event shall Wilmington Trust Company in its individual capacity have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer hereunder, as to all of which recourse shall be had solely to the assets of the Issuer.
Appears in 1 contract
Sources: Transfer and Servicing Agreement (Household Affinity Funding Corp Iii)
Representative Capacity. It is expressly understood and agreed by and between the parties hereto that this Agreement is executed and delivered by Wilmington Trust Company, not it its individual capacity but solely as Owner Trustee under the Trust Agreement in the exercise of the power and authority conferred and vested in it as such Owner Trustee. In no event shall Wilmington Trust Company in its individual capacity have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuer hereunder, as to all of which recourse shall be had solely to the assets of the Issuer.
Appears in 1 contract
Sources: Transfer and Servicing Agreement (Household Consumer Loan Corp Ii)
Representative Capacity. It is expressly understood and agreed by and between the parties hereto that this Agreement is executed and delivered by Wilmington Trust Company, not it its individual capacity but solely as Owner Trustee under the Trust Agreement in the exercise of the power and authority conferred and vested in it as such Owner Trustee.. In no event shall Wilmington Trust Company in its
Appears in 1 contract
Sources: Transfer and Servicing Agreement (Hrsi Funding Inc Ii)