Common use of Limitation of Liability of Owner Trustee Clause in Contracts

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, National Association, not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuer, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents.

Appears in 65 contracts

Samples: Asset Representations Review Agreement (BMW Vehicle Lease Trust 2024-1), Transfer Agreement (BMW Vehicle Lease Trust 2024-1), Asset Representations Review Agreement (BMW Vehicle Lease Trust 2024-1)

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Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Agreement is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally but solely as Owner Trustee trustee of the Issuer, in the exercise of the powers and authority conferred and vested in it, (bii) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association Trust Company but is made and intended for the purpose of binding only the Issuerissuer, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (div) Wilmington Trust, National Association Trust Company has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement and (ev) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligationobligations, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents.

Appears in 38 contracts

Samples: Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2021-3), Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2021-3), Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2021-2)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, National Association, not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuer, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association has not verified and has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents.

Appears in 34 contracts

Samples: Asset Representations Review Agreement (CarMax Auto Owner Trust 2024-2), Asset Representations Review Agreement (Carmax Auto Funding LLC), Asset Representations Review Agreement (CarMax Auto Owner Trust 2024-1)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, U.S. Bank Trust National Association, not individually or personally but solely as Owner Trustee of the IssuerIssuing Entity, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer Issuing Entity is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, U.S. Bank Trust National Association but is made and intended for the purpose of binding only the IssuerIssuing Entity, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, U.S. Bank Trust National Association, individually or personally, to perform any covenant either expressed or implied contained herein of the IssuerIssuing Entity, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, U.S. Bank Trust National Association has not verified and made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer Issuing Entity in this Agreement and (e) under no circumstances shall Wilmington Trust, U.S. Bank Trust National Association be personally liable for the payment of any indebtedness or expenses of the Issuer Issuing Entity or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer Issuing Entity under this Agreement or any other related documents.

Appears in 28 contracts

Samples: Exchange Note Transfer Agreement (World Omni LT), Indenture (World Omni LT), Exchange Note Transfer Agreement (World Omni LT)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, U.S. Bank Trust National Association, not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, U.S. Bank Trust National Association but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, U.S. Bank Trust National Association, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuer, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, U.S. Bank Trust National Association has not verified and has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington Trust, U.S. Bank Trust National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents.

Appears in 28 contracts

Samples: Asset Representations Review Agreement (CarMax Auto Owner Trust 2023-3), Asset Representations Review Agreement (CarMax Auto Owner Trust 2023-3), Asset Representations Review Agreement (Carmax Auto Funding LLC)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Agreement is executed and delivered by Wilmington Trust, National AssociationWTNA, not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in it, (bii) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association WTNA but is made and intended for the purpose of binding only the Issuer, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationWTNA, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuer, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (div) Wilmington Trust, National Association WTNA has not verified and has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (ev) under no circumstances shall Wilmington Trust, National Association WTNA be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents.

Appears in 20 contracts

Samples: Review Agreement (Mercedes-Benz Auto Lease Trust 2024-A), Review Agreement (Mercedes-Benz Auto Lease Trust 2024-A), Review Agreement (Mercedes-Benz Auto Lease Trust 2023-A)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally but solely as Owner Trustee trustee of the IssuerTransferee and Transferor, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, covenants, undertakings and agreements herein made on the part of the Issuer Transferee and Transferor is made and intended not as personal representations, covenants, undertakings and agreements by Wilmington Trust, National Association Trust Company but is made and intended for the purpose of binding only the IssuerTransferee and Transferor, as applicable, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association Trust Company has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer Transferee and Transferor in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer Transferee or Transferor or be liable for the breach or failure of any obligation, duty (including fiduciary duty, if any), representation, warranty or covenant made or undertaken by the Issuer Transferee or Transferor under this Agreement or any other related documents.

Appears in 17 contracts

Samples: Contribution Agreement (Exeter Automobile Receivables Trust 2024-3), Contribution Agreement (Exeter Automobile Receivables Trust 2024-3), Contribution Agreement (Exeter Automobile Receivables Trust 2024-2)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, National AssociationBNY Mellon Trust of Delaware, not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in itit under the Trust Agreement, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington TrustBNY Mellon Trust of Delaware, National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationBNY Mellon Trust of Delaware, individually or personally, to perform any covenant covenant, either expressed express or implied implied, contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association BNY Mellon Trust of Delaware has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement Agreement, and (e) under no circumstances shall Wilmington Trust, National Association BNY Mellon Trust of Delaware be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any the other related documents.

Appears in 15 contracts

Samples: Sale Agreement (Capital One Prime Auto Receivables Trust 2023-2), Sale Agreement (Capital One Prime Auto Receivables Trust 2023-2), Sale Agreement (Capital One Prime Auto Receivables Trust 2023-1)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Agreement is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally but solely as Owner Trustee trustee of the Issuer, in the exercise of the powers and authority conferred and vested in it, (bii) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association Trust Company but is made and intended for the purpose of binding only the Issuer, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (div) Wilmington Trust, National Association Trust Company has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement and (ev) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents.

Appears in 15 contracts

Samples: Asset Representations Review Agreement (AmeriCredit Automobile Receivables Trust 2019-2), Asset Representations Review Agreement (AmeriCredit Automobile Receivables Trust 2019-1), Asset Representations Review Agreement (AmeriCredit Automobile Receivables Trust 2019-1)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Agreement is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally but solely as Owner Trustee trustee of the Issuer, in the exercise of the powers and authority conferred and vested in it, (bii) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association Trust Company but is made and intended for the purpose of binding only the Issuer, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (div) Wilmington Trust, National Association Trust Company has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement and (ev) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents.

Appears in 13 contracts

Samples: Asset Representations Review Agreement (GM Financial Consumer Automobile Receivables Trust 2020-1), Asset Representations Review Agreement (GM Financial Consumer Automobile Receivables Trust 2020-1), Asset Representations Review Agreement (GM Financial Consumer Automobile Receivables Trust 2019-4)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally but solely as Owner Trustee trustee of the IssuerTransferee and Transferor, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, covenants, undertakings and agreements herein made on the part of the Issuer Transferee and Transferor is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association Trust Company but is made and intended for the purpose of binding only the IssuerTransferee and Transferor, as applicable, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association Trust Company has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer Transferee and Transferor in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer Transferee or Transferor or be liable for the breach or failure of any obligation, duty, representation, warranty or covenant made or undertaken by the Issuer Transferee or Transferor under this Agreement or any other related documents.

Appears in 13 contracts

Samples: Contribution Agreement (Exeter Automobile Receivables Trust 2022-5), Contribution Agreement (Exeter Automobile Receivables Trust 2022-5), Contribution Agreement (Exeter Automobile Receivables Trust 2022-4)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, National Association, Association not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuer, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents.

Appears in 12 contracts

Samples: Asset Representations Review Agreement (BMW Vehicle Owner Trust 2023-A), Asset Representations Review Agreement (BMW Vehicle Owner Trust 2023-A), Asset Representations Review Agreement (BMW Vehicle Owner Trust 2022-A)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, National AssociationTrust Company (the “Bank”), not individually or personally but solely as Owner Trustee trustee of the Issuer, in the exercise of the powers and authority conferred and vested in itit under the Trust Agreement, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association the Bank but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Associationthe Bank, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, and (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association the Bank be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documentsdocument. Each of the parties hereto acknowledges that the Bank has not made any independent investigation into the facts or matters stated in the representations and warranties and covenants given by the Issuer in this Agreement.

Appears in 12 contracts

Samples: Asset Representations Review Agreement (Nissan Master Owner Trust Receivables), Asset Representations Review Agreement (Nissan Master Owner Trust Receivables), Asset Representations Review Agreement (Nissan Master Owner Trust Receivables)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Custodian Agreement is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally but solely as Owner Trustee trustee of the IssuerHolding Trust, in the exercise of the powers and authority conferred and vested in it, (bii) each of the representations, covenants, undertakings and agreements herein made on the part of the Issuer Holding Trust is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association Trust Company but is made and intended for the purpose of binding only the IssuerHolding Trust, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (div) Wilmington Trust, National Association Trust Company has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer Holding Trust or any other Person in this Custodian Agreement and (ev) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer Holding Trust or be liable for the breach or failure of any obligation, duty, representation, warranty or covenant made or undertaken by the Issuer Holding Trust under this Custodian Agreement or any other related documents.

Appears in 11 contracts

Samples: Custodian Agreement (Exeter Automobile Receivables Trust 2022-4), Custodian Agreement (Exeter Automobile Receivables Trust 2022-3), Custodian Agreement (Exeter Automobile Receivables Trust 2022-3)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Agreement is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in it, (bii) each of the representations, covenants, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, covenants, undertakings and agreements by Wilmington Trust, National Association Trust Company but is made and intended for the purpose of binding only the Issuer, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (div) Wilmington Trust, National Association Trust Company has not verified or made no any investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement and (ev) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, duty (including fiduciary duty, if any), representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents.

Appears in 10 contracts

Samples: Asset Representations Review Agreement (AmeriCredit Automobile Receivables Trust 2024-1), Asset Representations Review Agreement (AmeriCredit Automobile Receivables Trust 2024-1), Asset Representations Review Agreement (GM Financial Consumer Automobile Receivables Trust 2024-1)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Agreement is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in it, (bii) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association Trust Company but is made and intended for the purpose of binding only the Issuer, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (div) Wilmington Trust, National Association Trust Company has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement and (ev) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents.

Appears in 10 contracts

Samples: Asset Representations Review Agreement (GM Financial Consumer Automobile Receivables Trust 2022-1), Asset Representations Review Agreement (GM Financial Consumer Automobile Receivables Trust 2022-1), Asset Representations Review Agreement (GM Financial Consumer Automobile Receivables Trust 2021-4)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Agreement is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in it, (bii) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association Trust Company but is made and intended for the purpose of binding only the Issuer, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (div) Wilmington Trust, National Association Trust Company has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement and (ev) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents.

Appears in 9 contracts

Samples: Asset Representations Review Agreement (AmeriCredit Automobile Receivables Trust 2021-3), Asset Representations Review Agreement (AmeriCredit Automobile Receivables Trust 2021-3), Asset Representations Review Agreement (AmeriCredit Automobile Receivables Trust 2021-1)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, National Association, not individually or personally but solely as Owner Trustee of the IssuerInitial-Secured Party, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer Initial-Secured Party is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association but is made and intended for the purpose of binding only the IssuerInitial-Secured Party, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association, individually or personally, to perform any covenant either expressed or implied contained herein of the IssuerInitial-Secured Party, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer Initial-Secured Party in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer Initial-Secured Party or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer Initial-Secured Party under this Agreement or any other related documents.

Appears in 6 contracts

Samples: Control Agreement (BMW Vehicle Lease Trust 2017-1), Control Agreement (BMW Vehicle Lease Trust 2017-1), Control Agreement (BMW Vehicle Lease Trust 2016-2)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Agreement is executed and delivered by Wilmington Trust, National AssociationWTNA, not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in it, (bii) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington TrustWTNA, National Association but is made and intended for the purpose of binding only the Issuer, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationWTNA, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuer, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (div) Wilmington Trust, National Association WTNA has not verified and has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (ev) under no circumstances shall Wilmington Trust, National Association WTNA be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents.

Appears in 6 contracts

Samples: Daimler Trucks (Daimler Trucks Retail Trust 2024-1), Agreement (Daimler Trucks Retail Trust 2024-1), Asset Representations Review Agreement (Mercedes-Benz Auto Receivables Trust 2024-1)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, National AssociationWTNA, not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association WTNA but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationWTNA, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuer, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association WTNA has not verified and has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association WTNA be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents.

Appears in 6 contracts

Samples: Asset Representations Review Agreement (Mercedes-Benz Auto Lease Trust 2017-A), Asset Representations Review Agreement (Mercedes-Benz Auto Lease Trust 2017-A), Asset Representations Review Agreement (Mercedes-Benz Auto Lease Trust 2016-B)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington U.S. Bank Trust, National Association, not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington U.S. Bank Trust, National Association but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington U.S. Bank Trust, National Association, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuer, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington U.S. Bank Trust, National Association has not verified and made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington U.S. Bank Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents.

Appears in 6 contracts

Samples: Asset Representations Review Agreement (Carmax Auto Funding LLC), Asset Representations Review Agreement (Carmax Auto Funding LLC), Asset Representations Review Agreement (CarMax Auto Owner Trust 2016-2)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that Notwithstanding anything contained herein to the contrary, (a) this Agreement is executed and delivered by Wilmington Trust, National AssociationAssociation (“WTNA”), not individually or personally but solely as Owner Trustee of the IssuerTrust, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer Owner Trustee and the Trust is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association WTNA but is made and intended for the purpose of binding only the IssuerTrust, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationWTNA, individually or personally, to perform any covenant either expressed or implied contained herein of the IssuerOwner Trustee or the Trust, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association WTNA has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer Owner Trustee or the Trust in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association WTNA be personally liable for the payment of any indebtedness or expenses of the Issuer Owner Trustee or the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer Owner Trustee or the Trust under this Agreement or any other related documents.

Appears in 6 contracts

Samples: Securities Account Control Agreement (CarMax Auto Owner Trust 2024-2), Securities Account Control Agreement (Carmax Auto Funding LLC), Securities Account Control Agreement (CarMax Auto Owner Trust 2024-1)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally but solely as Owner Trustee trustee of the Issuer, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, covenants, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, covenants, undertakings and agreements by Wilmington Trust, National Association Trust Company but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association Trust Company has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer or any other Person in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, duty (including fiduciary duty, if any), representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents.

Appears in 5 contracts

Samples: Asset Representations Review Agreement (Exeter Automobile Receivables Trust 2024-2), Asset Representations Review Agreement (Exeter Automobile Receivables Trust 2024-1), Asset Representations Review Agreement (Exeter Automobile Receivables Trust 2024-1)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington TrustCitibank, National AssociationN.A., not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in itit under the Trust Agreement, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington TrustCitibank, National Association N.A., but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington TrustCitibank, National AssociationN.A., individually or personally, to perform any covenant either expressed express or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington TrustCitibank, National Association N.A. has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement Agreement, and (e) under no circumstances shall Wilmington TrustCitibank, National Association N.A. be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any the other related documents.

Appears in 5 contracts

Samples: Sale Agreement, Sale Agreement (Huntington Auto Trust 2016-1), Sale Agreement (Huntington Auto Trust 2016-1)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Agreement is executed and delivered by Wilmington Trust, National Association, not individually or personally but solely as Owner Trustee on behalf of the IssuerIssuer under the Trust Agreement, in the exercise of the powers and authority conferred and vested in it, (bii) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association but is made and intended for the purpose of binding only the Issuer, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association, Association individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto to this Agreement and by any Person person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement them and (eiv) under no circumstances shall Wilmington Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken undertaking by the Issuer under this Agreement or any other related documents. For the purposes of this Agreement, in the performance of its duties or obligations hereunder, the Owner Trustee shall be subject to, and entitled to the benefits of, the terms and provisions of Articles VI, VII and VIII of the Trust Agreement.

Appears in 5 contracts

Samples: Sale and Servicing Agreement (Horizon Technology Finance Corp), Sale and Servicing Agreement (Hercules Capital, Inc.), Sale and Servicing Agreement (Hercules Capital, Inc.)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Agreement Amendment is executed and delivered by Wilmington Trust, National Association, Deutsche Bank Trust Company Delaware not individually or personally but solely as Owner Trustee of the IssuerTrustee, in the exercise of the powers and authority conferred and vested in it, (bii) each of the representations, undertakings and agreements herein made on the part of the Issuer Issuing Entity is made and intended not as a personal representationsrepresentation, undertakings and agreements undertaking or agreement by Wilmington Trust, National Association Deutsche Bank Trust Company Delaware but is made and intended for the purpose of binding only the IssuerIssuing Entity, (ciii) nothing herein contained shall will be construed as creating any liability on Wilmington Trust, National Association, Deutsche Bank Trust Company Delaware individually or personally, to perform any covenant of the Issuing Entity either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto to this Amendment and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement them and (eiv) under no circumstances shall Wilmington Trust, National Association will Deutsche Bank Trust Company Delaware be personally liable for the payment of any indebtedness or expenses of the Issuer Issuing Entity or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer Issuing Entity under this Agreement Amendment or any other related documents.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Navistar International Corp), Pooling and Servicing Agreement (Navistar International Corp), Pooling and Servicing Agreement (Navistar International Corp)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Agreement is executed and delivered by Wilmington Trust, National AssociationThe Bank of New York Mellon, not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in it, (bii) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association The Bank of New York Mellon but is made and intended for the purpose of binding only the Issuer, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationThe Bank of New York Mellon, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (div) Wilmington Trust, National Association The Bank of New York Mellon has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (ev) under no circumstances shall Wilmington Trust, National Association The Bank of New York Mellon be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documentsdocument.

Appears in 4 contracts

Samples: Sale Agreement (Fifth Third Auto Trust 2019-1), Sale Agreement (Fifth Third Auto Trust 2017-1), Sale Agreement (Fifth Third Auto Trust 2017-1)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally but solely as Owner Trustee trustee of the IssuerTransferee and Transferor, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer Transferee and Transferor is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association Trust Company but is made and intended for the purpose of binding only the IssuerTransferee and Transferor, as applicable, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association Trust Company has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer Transferee and Transferor in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer Transferee or Transferor or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer Transferee or Transferor under this Agreement or any other related documents.

Appears in 4 contracts

Samples: Contribution Agreement (Exeter Automobile Receivables Trust 2021-1), Contribution Agreement (Exeter Automobile Receivables Trust 2021-1), Contribution Agreement (Exeter Automobile Receivables Trust 2020-3)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, National Association[ ], not individually or personally but solely as Owner Trustee of the IssuerIssuing Entity, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer Issuing Entity is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association [ ] but is made and intended for the purpose of binding only the IssuerIssuing Entity, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association[ ], individually or personally, to perform any covenant either expressed or implied contained herein of the IssuerIssuing Entity, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association [ ] has not verified and made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer Issuing Entity in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association [ ] be personally liable for the payment of any indebtedness or expenses of the Issuer Issuing Entity or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer Issuing Entity under this Agreement or any other related documents.

Appears in 4 contracts

Samples: Asset Representations Review Agreement (World Omni LT), Exchange Note Transfer Agreement (World Omni LT), Exchange Note Transfer Agreement (World Omni LT)

Limitation of Liability of Owner Trustee. The (i) It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement document is executed and delivered by Wilmington Trust, National Association, not individually or personally but solely as Owner Trustee owner trustee of the Issuer, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement Agreement, and (e) under no circumstances shall Wilmington Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documentsAgreement.

Appears in 4 contracts

Samples: Note Purchase Agreement (United States Cellular Corp), Note Purchase Agreement (United States Cellular Corp), VFN Note Purchase Agreement (United States Cellular Corp)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, National AssociationAssociation (“WTNA”), not individually or personally but solely as Owner Trustee of the IssuerTrust, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer Owner Trustee and the Trust is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association WTNA but is made and intended for the purpose of binding only the IssuerTrust, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationWTNA, individually or personally, to perform any covenant either expressed or implied contained herein of the IssuerOwner Trustee or the Trust, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association WTNA has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer Owner Trustee or the Trust in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association WTNA be personally liable for the payment of any indebtedness or expenses of the Issuer Owner Trustee or the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer Owner Trustee or the Trust under this Agreement or any other related documents.

Appears in 4 contracts

Samples: Account Control Agreement (Carmax Auto Funding LLC), Account Control Agreement (Carmax Auto Funding LLC), Account Control Agreement (Carmax Auto Funding LLC)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Agreement is executed and delivered by Wilmington Trust, National Association, not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in it, (bii) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association Association, but is made and intended for the purpose of binding only the Issuer, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuer, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (div) Wilmington Trust, National Association has not verified and has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (ev) under no circumstances shall Wilmington Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents.

Appears in 4 contracts

Samples: Agreement (Mercedes-Benz Auto Receivables Trust 2023-1), Asset Representations Review Agreement (Mercedes-Benz Auto Receivables Trust 2023-1), Asset Representations Review Agreement (Mercedes-Benz Auto Receivables Trust 2018-1)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Agreement is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally but solely as Owner Trustee trustee of the Issuer, in the exercise of the powers and authority conferred and vested in it, (bii) each of the representations, covenants, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association Trust Company but is made and intended for the purpose of binding only the Issuerissuer, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (div) Wilmington Trust, National Association Trust Company has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement and (ev) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligationobligations, duty (including fiduciary duty, if any), representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents.

Appears in 4 contracts

Samples: Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2022-3), Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2022-2), Asset Representations Review Agreement (GM Financial Automobile Leasing Trust 2022-2)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, National AssociationThe Bank of New York Mellon, not individually or personally but solely as Owner Trustee of the Issuer, Issuer in the exercise of the powers and authority conferred and vested in itit under the Trust Agreement, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington TrustThe Bank of New York Mellon, National Association but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationThe Bank of New York Mellon, individually or personally, to perform any covenant either expressed express or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association The Bank of New York Mellon has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association The Bank of New York Mellon be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any the other related documents. For all purposes under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 4 contracts

Samples: Asset Representations Review Agreement (Fifth Third Auto Trust 2019-1), Asset Representations Review Agreement (Fifth Third Auto Trust 2019-1), Asset Representations Review Agreement (Fifth Third Auto Trust 2017-1)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally but solely as Owner Trustee trustee of the Issuer, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, covenants, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association Trust Company but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association Trust Company has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer or any other Person in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, duty, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents.

Appears in 4 contracts

Samples: Asset Representations Review Agreement (Exeter Automobile Receivables Trust 2022-4), Asset Representations Review Agreement (Exeter Automobile Receivables Trust 2022-1), Asset Representations Review Agreement (Exeter Automobile Receivables Trust 2021-3)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Agreement Omnibus Amendment is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally but solely as Owner Trustee of the Holding Trust and the Issuer, in the exercise of the powers and authority conferred and vested in it, (bii) each of the representations, covenants, undertakings and agreements herein made on the part of the Holding Trust and the Issuer is made and intended not as personal representations, undertakings covenants, undertakings, and agreements by Wilmington Trust, National Association Trust Company but is made and intended for the purpose of binding only the Holding Trust and the Issuer, respectively, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (div) Wilmington Trust, National Association Trust Company has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer Holding Trust, the Issuer, or any other Person in this Agreement Omnibus Amendment and (ev) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Holding Trust or the Issuer or be liable for the breach or failure of any obligation, duty (including fiduciary duty, if any), representation, warranty or covenant made or undertaken by the Holding Trust or the Issuer under this Agreement Omnibus Amendment or any other related documents.

Appears in 4 contracts

Samples: Trust Agreement (Exeter Automobile Receivables Trust 2022-3), Trust Agreement (Exeter Automobile Receivables Trust 2022-1), Trust Agreement (Exeter Automobile Receivables Trust 2022-4)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, National Association, not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in itit under the Trust Agreement, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association Association, but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association, individually or personally, to perform any covenant either expressed express or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, and (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any the other related documents.

Appears in 3 contracts

Samples: Sale Agreement (Fifth Third Auto Trust 2013-1), Sale Agreement (Fifth Third Auto Trust 2013-A), Sale Agreement (Fifth Third Auto Trust 2014-1)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally but solely as Owner Trustee of the IssuerTrust, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer Trust is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association Trust Company but is made and intended for the purpose of for binding only the IssuerTrust, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, hereto and (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer Trust under this Agreement or any other related documentsTransaction Documents; provided, however, that no provision of this Agreement shall be construed to relieve the Owner Trustee from liability for its own grossly negligent action, its own grossly negligent failure to act, its action in bad faith or its own willful misconduct.

Appears in 3 contracts

Samples: Servicing and Custodian Agreement (Americredit Corp), Servicing and Custodian Agreement (Americredit Corp), Servicing and Custodian Agreement (Americredit Corp)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement document is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally personally, but solely as Owner Trustee of the IssuerTrustee, in the exercise of the powers and authority conferred and vested in it, pursuant to the Trust Agreement, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer Trust is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association Trust Company but is made and intended for the purpose of for binding only the IssuerTrust, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person person claiming by, through or under the parties hereto, and (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer Trust under this Agreement or any other related documentsMortgage Loan Documents; provided, however, that this provision shall in no way limit or restrict the liabilities of Wilmington Trust Company under the Basic Documents to which it is a party.

Appears in 3 contracts

Samples: Indenture (Peoples Choice Home Loan Securities Trust Series 2005-2), Indenture (Peoples Choice Home Loan Securities Trust Series 2005-3), Peoples Choice Home Loan Securities Trust Series 2005-4

Limitation of Liability of Owner Trustee. The Issuer is a Delaware common law trust and not a separate legal entity under Delaware law. In furtherance thereof, all parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington TrustSavings Fund Society, National AssociationFSB, d/b/a Christiana Trust (“Bank”), not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in itit under the governing instrument of the Issuer, (b) each of the representations, covenants, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, covenants, undertakings and agreements by Wilmington Trust, National Association Bank but is made and intended for the purpose of binding only the IssuerIssuer and its assets (which are separate and distinct from the individual assets of Bank), (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationBank, individually or personally, to perform any covenant agreement, undertaking or covenant, either expressed or implied implied, contained herein of the IssuerIssuer Subsidiary, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association Bank has not verified or made no any investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and such representations and warranties are thus solely a means of allocating risk among the parties and (e) under no circumstances shall Wilmington Trust, National Association Bank be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, undertaking, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents. All recourse of the parties shall be limited to the Trust Estate, if any, of the Issuer.

Appears in 3 contracts

Samples: And Pledge Agreement, Subordination, Acknowledgment and Pledge Agreement (PennyMac Mortgage Investment Trust), Subordination, Acknowledgment and Pledge Agreement (Pennymac Financial Services, Inc.)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, National Association[ ], not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in itit under the Trust Agreement, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust[ ], National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association[ ], individually or personally, to perform any covenant either expressed express or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association [ ] has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement Agreement, and (e) under no circumstances shall Wilmington Trust, National Association [ ] be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any the other related documents.

Appears in 3 contracts

Samples: Sale Agreement (Capital One Auto Receivables LLC), Sale Agreement (Capital One Auto Receivables LLC), Sale Agreement (Huntington Funding, LLC)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that Notwithstanding anything contained herein to the contrary, (a) this Agreement is executed and delivered instrument has been signed by Wilmington Trust, National Association, Deutsche Bank Trust Company Delaware not individually or personally in its individual capacity but solely in its capacity as Owner Trustee of the IssuerBuyer, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer Buyer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association Deutsche Bank Trust 10 SUBI Transfer Agreement (2020-A) Company Delaware but is made and intended for the purpose of for binding only the IssuerBuyer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationDeutsche Bank Trust Company Delaware, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association Deutsche Bank Trust Company Delaware has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer Buyer in this Agreement Agreement, and (e) under no circumstances shall Wilmington Trust, National Association Deutsche Bank Trust Company Delaware be personally liable for the payment of any indebtedness or expenses of the Issuer Buyer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer Buyer under this Agreement or any other related documents.

Appears in 2 contracts

Samples: Subi Transfer Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Subi Transfer Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Agreement is executed and delivered by Wilmington Trust, National Associationthe Trustee Bank, not individually or personally but solely as Owner Trustee of the IssuerTrustee, in the exercise of the powers and authority conferred and vested in itit under the Trust Agreement, (bii) each of the representations, undertakings and agreements herein made on the part of the Issuer Issuing Entity is made and intended not as personal representations, undertakings and agreements by Wilmington Trustthe Trustee Bank, National Association but is made and intended for the purpose of binding only the IssuerIssuing Entity, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Associationthe Trustee Bank, individually or personally, to perform any covenant of the Issuing Entity, either expressed or implied implied, contained herein of the Issuerherein, all such liabilityliability of the Trustee Bank in its individual or personal capacity, if any, being expressly waived by the parties hereto and by any Person person claiming by, through or under the parties hereto, (div) Wilmington Trust, National Association the Trustee Bank has made no investigation as to into the accuracy or completeness of any representations and or warranties made by the Issuer Issuing Entity in this Agreement Agreement, and (ev) under no circumstances shall Wilmington Trust, National Association the Trustee Bank be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer Issuing Entity under this Agreement or any other related documents.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (World Omni Select Auto Trust 2021-A), Asset Representations Review Agreement (World Omni Select Auto Trust 2021-A)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, National Association, not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in itit under the Trust Agreement, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association Association, but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association, individually or personally, to perform any covenant either expressed express or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, hereto and (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any the other related documents.

Appears in 2 contracts

Samples: Sale Agreement (Fifth Third Auto Trust 2014-3), Sale Agreement (Fifth Third Auto Trust 2014-2)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, National Association[Owner Trustee], not individually or personally but solely as Owner Trustee of the IssuerTransferee, in the exercise of the powers and authority conferred and vested in itit under the Trust Agreement, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer Transferee is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association [Owner Trustee] but is made and intended for the purpose of for binding only the IssuerTransferee, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association[Owner Trustee], individually or personally, to perform any covenant either expressed express or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association [Owner Trustee] has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement Agreement, and (e) under no circumstances shall Wilmington Trust, National Association [Owner Trustee] be personally liable for the payment of any indebtedness or expenses of the Issuer Transferee or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer Transferee under this Agreement or any the other related documents.

Appears in 2 contracts

Samples: Note Transfer Agreement (ACAR Leasing Ltd.), Note Transfer Agreement (ACAR Leasing Ltd.)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that Notwithstanding anything contained herein to the contrary, (a) this Agreement instrument is executed and delivered by Wilmington Trust, U.S. Bank Trust National Association, not individually or personally but solely as Owner Trustee of the IssuerHyundai Auto Receivables Trust 2021-C, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, U.S. Bank Trust National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, U.S. Bank Trust National Association, Association individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, U.S. Bank Trust National Association has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement instrument and (e) under no circumstances shall Wilmington Trust, U.S. Bank Trust National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement instrument or any other related documents. In no event will U.S. Bank Trust National Association in its individual capacity or a beneficial owner of the Issuer be liable for the Issuer’s obligations under this Agreement. For all purposes under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2021-C), Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2021-C)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Agreement is executed and delivered by Wilmington Trust, National Associationthe Trustee Bank, not individually or personally but solely as Owner Trustee of the IssuerTrustee, in the exercise of the powers and authority conferred and vested in itit under the Trust Agreement, (bii) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trustthe Trustee Bank, National Association but is made and intended for the purpose of binding only the Issuer, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Associationthe Trustee Bank, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuer, either expressed or implied, contained herein, all such liabilityliability of the Trustee Bank in its individual or personal capacity, if any, being expressly waived by the parties hereto and by any Person person claiming by, through or under the parties hereto, (div) Wilmington Trust, National Association the Trustee Bank has made no investigation as to into the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement Agreement, and (ev) under no circumstances shall Wilmington Trust, National Association the Trustee Bank be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (World Omni Auto Receivables LLC), Asset Representations Review Agreement (World Omni Auto Receivables LLC)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Agreement is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in itit under the Trust Agreement governing the organization and management of the Issuer, (bii) each of the representations, covenants, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, covenants, undertakings and agreements by Wilmington Trust, National Association Trust Company but is made and intended for the purpose of binding only the Issuer, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (div) Wilmington Trust, National Association Trust Company has not verified or made no any investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement and (ev) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, duty (including fiduciary duty, if any), representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (AmeriCredit Automobile Receivables Trust 2023-1), Asset Representations Review Agreement (AmeriCredit Automobile Receivables Trust 2023-1)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, National Association, not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, hereto and (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents.

Appears in 2 contracts

Samples: Administration Agreement (OneMain Financial Holdings, Inc.), Administration Agreement (OneMain Financial Holdings, Inc.)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that Notwithstanding anything contained herein to the contrary, (a) this Agreement instrument is executed and delivered by Wilmington Trust, U.S. Bank Trust National Association, not individually or personally but solely as Owner Trustee of the IssuerHyundai Auto Receivables Trust 2016-A, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, U.S. Bank Trust National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, U.S. Bank Trust National Association, Association individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, U.S. Bank Trust National Association has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement instrument and (e) under no circumstances shall Wilmington Trust, U.S. Bank Trust National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement instrument or any other related documents. In no event will U.S. Bank Trust National Association in its individual capacity or a beneficial owner of the Issuer be liable for the Issuer’s obligations under this Agreement. For all purposes under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Hyundai Abs Funding LLC), Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2016-A)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that Notwithstanding anything contained herein to the contrary, (a) this Agreement instrument is executed and delivered by Wilmington Trust, U.S. Bank Trust National Association, not individually or personally but solely as Owner Trustee of the IssuerHyundai Auto Receivables Trust 2022-B, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, U.S. Bank Trust National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, U.S. Bank Trust National Association, Association individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, U.S. Bank Trust National Association has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement instrument and (e) under no circumstances shall Wilmington Trust, U.S. Bank Trust National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement instrument or any other related documents. In no event will U.S. Bank Trust National Association in its individual capacity or a beneficial owner of the Issuer be liable for the Issuer’s obligations under this Agreement. For all purposes under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2022-B), Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2022-B)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement Amendment is executed and delivered by Wilmington Trust, National Association, not individually or personally but solely as Owner Trustee of the IssuerTrust, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer Trust is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association but is made and intended for the purpose of binding only the IssuerTrust, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association, individually or personally, to perform any covenant either expressed or implied contained herein of the IssuerTrust, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association has not verified and made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer Trust in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer Trust under this Agreement or any other related documents.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Carmax Auto Funding LLC), Sale and Servicing Agreement (Carmax Auto Funding LLC)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that Notwithstanding anything contained herein to the contrary, (a) this Agreement instrument is executed and delivered by Wilmington Trust, U.S. Bank Trust National Association, not individually or personally but solely as Owner Trustee of the IssuerHyundai Auto Receivables Trust 2018-B, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, U.S. Bank Trust National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, U.S. Bank Trust National Association, Association individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, U.S. Bank Trust National Association has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement instrument and (e) under no circumstances shall Wilmington Trust, U.S. Bank Trust National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement instrument or any other related documents. In no event will U.S. Bank Trust National Association in its individual capacity or a beneficial owner of the Issuer be liable for the Issuer’s obligations under this Agreement. For all purposes under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2018-B), Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2018-B)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that Notwithstanding anything contained herein to the contrary, (a) this Agreement instrument is executed and delivered by Wilmington Trust, U.S. Bank Trust National Association, not individually or personally but solely as Owner Trustee of the IssuerHyundai Auto Receivables Trust 2020-C, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, U.S. Bank Trust National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, U.S. Bank Trust National Association, Association individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, U.S. Bank Trust National Association has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement instrument and (e) under no circumstances shall Wilmington Trust, U.S. Bank Trust National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement instrument or any other related documents. In no event will U.S. Bank Trust National Association in its individual capacity or a beneficial owner of the Issuer be liable for the Issuer’s obligations under this Agreement. For all purposes under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2020-C), Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2020-C)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement Indenture is executed and delivered by Wilmington Trust, National Association, not individually or personally but solely as Owner Trustee owner trustee of the Issuer, in the exercise of the powers and authority conferred and vested in itit under the Trust Agreement, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association, individually or personally, to perform any covenant covenants, either expressed or implied implied, contained herein of the Issuerherein, all such personal liability, if any, being expressly waived by the parties hereto and by any Person person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement Indenture and (e) under no circumstances shall Wilmington Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement Indenture or any the other related documentsTransaction Documents to which the Issuer is a party.

Appears in 2 contracts

Samples: Indenture (Springleaf Holdings, Inc.), Indenture (Springleaf Finance Corp)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that Notwithstanding anything contained herein to the contrary, (a) this Agreement instrument is executed and delivered by Wilmington Trust, U.S. Bank Trust National Association, not individually or personally but solely as Owner Trustee of the IssuerHyundai Auto Receivables Trust 2024-A, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, U.S. Bank Trust National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, U.S. Bank Trust National Association, Association individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, U.S. Bank Trust National Association has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement instrument and (e) under no circumstances shall Wilmington Trust, U.S. Bank Trust National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement instrument or any other related documents. In no event will U.S. Bank Trust National Association in its individual capacity or a beneficial owner of the Issuer be liable for the Issuer’s obligations under this Agreement. For all purposes under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2024-A), Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2024-A)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, National Association[ ], not individually or personally but solely as Owner Trustee of the Issuer, Issuer in the exercise of the powers and authority conferred and vested in itit under the Trust Agreement, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust[ ], National Association but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association[ ], individually or personally, to perform any covenant either expressed express or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association [ ] has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association [ ] be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any the other related documents. For all purposes under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Fifth Third Holdings Funding, LLC), Asset Representations Review Agreement (Fifth Third Holdings Funding, LLC)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that Notwithstanding anything contained herein to the contrary, (a) this Agreement instrument is executed and delivered by Wilmington Trust, U.S. Bank Trust National Association, not individually or personally but solely as Owner Trustee of the IssuerHyundai Auto Receivables Trust 2019-A, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, U.S. Bank Trust National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, U.S. Bank Trust National Association, Association individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, U.S. Bank Trust National Association has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement instrument and (e) under no circumstances shall Wilmington Trust, U.S. Bank Trust National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement instrument or any other related documents. In no event will U.S. Bank Trust National Association in its individual capacity or a beneficial owner of the Issuer be liable for the Issuer’s obligations under this Agreement. For all purposes under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Hyundai Abs Funding LLC), Asset Representations Review Agreement (Hyundai Abs Funding LLC)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that Notwithstanding anything contained herein to the contrary, (a) this Agreement instrument is executed and delivered by Wilmington Trust, U.S. Bank Trust National Association, not individually or personally but solely as Owner Trustee of the IssuerHyundai Auto Receivables Trust 2020-B, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, U.S. Bank Trust National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, U.S. Bank Trust National Association, Association individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, U.S. Bank Trust National Association has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement instrument and (e) under no circumstances shall Wilmington Trust, U.S. Bank Trust National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement instrument or any other related documents. In no event will U.S. Bank Trust National Association in its individual capacity or a beneficial owner of the Issuer be liable for the Issuer’s obligations under this Agreement. For all purposes under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2020-B), Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2020-B)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that Notwithstanding anything contained herein to the contrary, (a) this Agreement is executed and delivered by Wilmington Trust, National AssociationAssociation (“WTNA”), not individually or personally but solely as Owner Trustee of the IssuerTrust, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer Owner Trustee and the Trust is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association WTNA but is made and intended for the purpose of binding only the IssuerTrust, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationWTNA, individually or personally, to perform any covenant either expressed or implied contained herein of the IssuerOwner Trustee or the Trust, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association WTNA has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer Owner Trustee or the Trust in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association WTNA be personally liable for the payment of any indebtedness or expenses of the Issuer Owner Trustee or the Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer Owner Trustee or the Trust under this Agreement or any other related documents.. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

Appears in 2 contracts

Samples: Securities Account Control Agreement (Carmax Auto Funding LLC), Securities Account Control Agreement (Carmax Auto Funding LLC)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that Notwithstanding anything contained herein to the contrary, (a) this Agreement instrument is executed and delivered by Wilmington Trust, U.S. Bank Trust National Association, not individually or personally but solely as Owner Trustee of the IssuerHyundai Auto Receivables Trust 2019-B, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, U.S. Bank Trust National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, U.S. Bank Trust National Association, Association individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, U.S. Bank Trust National Association has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement instrument and (e) under no circumstances shall Wilmington Trust, U.S. Bank Trust National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement instrument or any other related documents. In no event will U.S. Bank Trust National Association in its individual capacity or a beneficial owner of the Issuer be liable for the Issuer’s obligations under this Agreement. For all purposes under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Hyundai Abs Funding LLC), Asset Representations Review Agreement (Hyundai Abs Funding LLC)

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Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Agreement is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in itit under the Trust Agreement, (bii) each of the representations, covenants, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association Trust Company but is made and intended for the purpose of binding only the Issuer, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (div) Wilmington Trust, National Association Trust Company has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement and (ev) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, duty (including fiduciary duty, if any), representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (AmeriCredit Automobile Receivables Trust 2022-1), Asset Representations Review Agreement (AmeriCredit Automobile Receivables Trust 2022-1)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that Notwithstanding anything contained herein to the contrary, (a) this Agreement instrument is executed and delivered by Wilmington Trust, U.S. Bank Trust National Association, not individually or personally but solely as Owner Trustee of the IssuerHyundai Auto Receivables Trust 2020-A, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, U.S. Bank Trust National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, U.S. Bank Trust National Association, Association individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, U.S. Bank Trust National Association has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement instrument and (e) under no circumstances shall Wilmington Trust, U.S. Bank Trust National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement instrument or any other related documents. In no event will U.S. Bank Trust National Association in its individual capacity or a beneficial owner of the Issuer be liable for the Issuer’s obligations under this Agreement. For all purposes under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2020-A), Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2020-A)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement document is executed and delivered by Wilmington TrustXxxxx Fargo Delaware Trust Company, National Association, not individually or personally personally, but solely as Owner Trustee of the IssuerTrustee, in the exercise of the powers and authority conferred and vested in it, pursuant to the respective Trust Agreement of each Trust, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer Trusts is made and intended not as personal representations, undertakings and agreements by Wilmington TrustXxxxx Fargo Delaware Trust Company, National Association but is made and intended for the purpose of for binding only the IssuerTrusts, (c) nothing herein contained shall be construed as creating any liability on Wilmington TrustXxxxx Fargo Delaware Trust Company, National Association, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person person claiming by, through or under the parties hereto, and (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington TrustXxxxx Fargo Delaware Trust Company, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer Trusts or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer Trusts under this Agreement Amendment or any other related documentsdocument.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Navient Student Loan Trust 2015-1), Revolving Credit Agreement (Navient Student Loan Trust 2015-1)

Limitation of Liability of Owner Trustee. The Notwithstanding anything else contained herein to the contrary, it is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement document is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally personally, but solely as Owner Trustee of the IssuerTrustee, in the exercise of the powers and authority conferred and vested in it, pursuant to the Trust Agreement, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer Trust is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association Trust Company but is made and intended for the purpose of for binding only the IssuerTrust, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person person claiming by, through or under the parties hereto, and (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer Trust under this Agreement or any other related documents. In all circumstances hereunder, notwithstanding anything contained herein or in any other document to the contrary, the Owner Trustee is entitled to the benefits of the Trust Agreement and has no obligation to act hereunder other than pursuant to instruction as set forth in the Trust Agreement.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Residential Asset Funding Corp), Loan Purchase Agreement (Residential Asset Funding Corp)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that Notwithstanding anything contained herein to the contrary, (a) this Agreement is executed and delivered instrument has been signed by Wilmington Trust, National Association, Deutsche Bank Trust Company Delaware not individually or personally in its individual capacity but solely in its capacity as Owner Trustee of the IssuerBuyer, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, covenants, undertakings and agreements herein made on the part of the Issuer Buyer is made and intended not as personal representations, covenants, undertakings and agreements by Wilmington Trust, National Association Deutsche Bank Trust Company Delaware but is made and intended for the purpose of for binding only the IssuerBuyer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationDeutsche Bank Trust Company Delaware, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association Deutsche Bank Trust Company Delaware has not verified or made no any investigation as to the accuracy or completeness of any representations and warranties made by the Issuer Buyer in this Agreement Agreement, and (e) under no circumstances shall Wilmington Trust, National Association Deutsche Bank Trust Company Delaware be personally liable for the payment of any indebtedness or expenses of the Issuer Buyer or be liable for the breach or failure of any obligation, duty (including fiduciary duty, if any), representation, warranty or covenant made or undertaken by the Issuer Buyer under this Agreement or any other related documents.

Appears in 2 contracts

Samples: Subi Transfer Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Subi Transfer Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that Notwithstanding anything contained herein to the contrary, (a) this Agreement instrument is executed and delivered by Wilmington Trust, U.S. Bank Trust National Association, not individually or personally but solely as Owner Trustee of the IssuerHyundai Auto Receivables Trust 2021-B, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, U.S. Bank Trust National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, U.S. Bank Trust National Association, Association individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, U.S. Bank Trust National Association has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement instrument and (e) under no circumstances shall Wilmington Trust, U.S. Bank Trust National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement instrument or any other related documents. In no event will U.S. Bank Trust National Association in its individual capacity or a beneficial owner of the Issuer be liable for the Issuer’s obligations under this Agreement. For all purposes under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2021-B), Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2021-B)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Custodian Agreement is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally but solely as Owner Trustee trustee of the IssuerHolding Trust, in the exercise of the powers and authority conferred and vested in it, (bii) each of the representations, undertakings and agreements herein made on the part of the Issuer Holding Trust is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association Trust Company but is made and intended for the purpose of binding only the IssuerHolding Trust, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (div) Wilmington Trust, National Association Trust Company has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer Holding Trust in this Custodian Agreement and (ev) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer Holding Trust or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer Holding Trust under this Custodian Agreement or any other related documents.

Appears in 2 contracts

Samples: Custodian Agreement (Exeter Automobile Receivables Trust 2021-1), Form of Custodian Agreement (Exeter Automobile Receivables Trust 2021-1)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that Notwithstanding anything contained herein to the contrary, (a) this Agreement instrument is executed and delivered by Wilmington Trust, U.S. Bank Trust National Association, not individually or personally but solely as Owner Trustee of the IssuerHyundai Auto Receivables Trust 2016-B, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, U.S. Bank Trust National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, U.S. Bank Trust National Association, Association individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, U.S. Bank Trust National Association has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement instrument and (e) under no circumstances shall Wilmington Trust, U.S. Bank Trust National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement instrument or any other related documents. In no event will U.S. Bank Trust National Association in its individual capacity or a beneficial owner of the Issuer be liable for the Issuer’s obligations under this Agreement. For all purposes under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2016-B), Asset Representations Review Agreement (Hyundai Abs Funding LLC)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by and between the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Agreement Indenture is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally in its individual capacity but solely as Owner Trustee of the Issuer, Issuer in the exercise of the powers power and authority conferred and vested in itit as such Owner Trustee, (bii) each of the representations, undertakings and agreements made herein made on the part of by the Issuer is made and intended are not as personal representations, undertakings and agreements by of Wilmington TrustTrust Company, National Association but is made and intended for the purpose of are binding only on the Issuer, (ciii) nothing contained herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant of the Issuer, either expressed or implied implied, contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person person claiming by, through or under the parties heretoany such party, (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (eiv) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses expense of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documentsIndenture.

Appears in 2 contracts

Samples: Indenture (GS Auto Loan Trust 2007-1), Indenture (GS Auto Loan Trust 2006-1)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that Notwithstanding anything contained herein to the contrary, (a) this Agreement instrument is executed and delivered by Wilmington Trust, U.S. Bank Trust National Association, not individually or personally but solely as Owner Trustee of the IssuerHyundai Auto Receivables Trust 2023-A, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, U.S. Bank Trust National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, U.S. Bank Trust National Association, Association individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, U.S. Bank Trust National Association has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement instrument and (e) under no circumstances shall Wilmington Trust, U.S. Bank Trust National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement instrument or any other related documents. In no event will U.S. Bank Trust National Association in its individual capacity or a beneficial owner of the Issuer be liable for the Issuer’s obligations under this Agreement. For all purposes under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2023-A), Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2023-A)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that Notwithstanding anything contained herein to the contrary, (a) this Agreement instrument is executed and delivered by Wilmington Trust, U.S. Bank Trust National Association, not individually or personally but solely as Owner Trustee of the IssuerHyundai Auto Receivables Trust 2017-B, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, U.S. Bank Trust National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, U.S. Bank Trust National Association, Association individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, U.S. Bank Trust National Association has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement instrument and (e) under no circumstances shall Wilmington Trust, U.S. Bank Trust National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement instrument or any other related documents. In no event will U.S. Bank Trust National Association in its individual capacity or a beneficial owner of the Issuer be liable for the Issuer’s obligations under this Agreement. For all purposes under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2017-B), Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2017-B)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that Notwithstanding anything contained herein to the contrary, (a) this Agreement instrument is executed and delivered by Wilmington Trust, U.S. Bank Trust National Association, not individually or personally but solely as Owner Trustee of the IssuerHyundai Auto Receivables Trust 2023-C, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, U.S. Bank Trust National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, U.S. Bank Trust National Association, Association individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, U.S. Bank Trust National Association has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement instrument and (e) under no circumstances shall Wilmington Trust, U.S. Bank Trust National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement instrument or any other related documents. In no event will U.S. Bank Trust National Association in its individual capacity or a beneficial owner of the Issuer be liable for the Issuer’s obligations under this Agreement. For all purposes under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2023-C), Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2023-C)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Agreement is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in it, (bii) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, covenants, undertakings and agreements by Wilmington Trust, National Association Trust Company but is made and intended for the purpose of binding only the Issuer, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (div) Wilmington Trust, National Association Trust Company has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement and (ev) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, duty (including fiduciary duty, if any), representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (GM Financial Consumer Automobile Receivables Trust 2022-3), Asset Representations Review Agreement (Afs Sensub Corp.)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that Notwithstanding anything contained herein to the contrary, (a) this Agreement instrument is executed and delivered by Wilmington Trust, U.S. Bank Trust National Association, not individually or personally but solely as Owner Trustee of the IssuerHyundai Auto Receivables Trust 2021-A, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, U.S. Bank Trust National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, U.S. Bank Trust National Association, Association individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, U.S. Bank Trust National Association has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement instrument and (e) under no circumstances shall Wilmington Trust, U.S. Bank Trust National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement instrument or any other related documents. In no event will U.S. Bank Trust National Association in its individual capacity or a beneficial owner of the Issuer be liable for the Issuer’s obligations under this Agreement. For all purposes under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2021-A), Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2021-A)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that Notwithstanding anything contained herein to the contrary, (a) this Agreement instrument is executed and delivered by Wilmington Trust, U.S. Bank Trust National Association, not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in itit under the Trust Agreement, (b) each of the representations, warranties, covenants, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, warranties, covenants, undertakings and agreements by Wilmington Trust, U.S. Bank Trust National Association but is made and intended for the purpose of binding only, and is only binding on, the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, U.S. Bank Trust National Association, Association individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, U.S. Bank Trust National Association has made no and will make no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement instrument and (e) under no circumstances shall Wilmington Trust, U.S. Bank Trust National Association be personally liable for the payment of any indebtedness indebtedness, indemnities or expenses of the Issuer or be liable for the performance, breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement instrument or any other related documents. In no event will U.S. Bank Trust National Association in its individual capacity or a beneficial owner of the Issuer be liable for the Issuer’s obligations under this Agreement. For all purposes under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Fifth Third Auto Trust 2023-1), Asset Representations Review Agreement (Fifth Third Auto Trust 2023-1)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Insurance and Indemnity Agreement is executed and delivered by Wilmington Trust, National AssociationTrust Company (“Wilmington”), not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in itit under the Trust Agreement, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is are made and intended not as personal representations, undertakings and agreements by Wilmington TrustWilmington, National Association but is are made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationWilmington, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, hereto and (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Insurance and Indemnity Agreement or any other related documentsotherwise.

Appears in 2 contracts

Samples: Insurance and Indemnity Agreement (National Collegiate Student Loan Trust 2007-4), Insurance and Indemnity Agreement (National Collegiate Student Loan Trust 2007-3)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that Notwithstanding anything contained herein to the contrary, (a) this Agreement instrument is executed and delivered by Wilmington Trust, U.S. Bank Trust National Association, not individually or personally but solely as Owner Trustee of the IssuerHyundai Auto Receivables Trust 2017-A, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, U.S. Bank Trust National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, U.S. Bank Trust National Association, Association individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, U.S. Bank Trust National Association has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement instrument and (e) under no circumstances shall Wilmington Trust, U.S. Bank Trust National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement instrument or any other related documents. In no event will U.S. Bank Trust National Association in its individual capacity or a beneficial owner of the Issuer be liable for the Issuer’s obligations under this Agreement. For all purposes under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Hyundai Abs Funding LLC), Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2017-A)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that Notwithstanding anything contained herein to the contrary, (a) this Agreement instrument is executed and delivered by Wilmington Trust, U.S. Bank Trust National Association, not individually or personally but solely as Owner Trustee of the IssuerHyundai Auto Receivables Trust 2023-B, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, U.S. Bank Trust National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, U.S. Bank Trust National Association, Association individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, U.S. Bank Trust National Association has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement instrument and (e) under no circumstances shall Wilmington Trust, U.S. Bank Trust National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement instrument or any other related documents. In no event will U.S. Bank Trust National Association in its individual capacity or a beneficial owner of the Issuer be liable for the Issuer’s obligations under this Agreement. For all purposes under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2023-B), Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2023-B)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Loan Purchase Agreement is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally personally, but solely as Owner Trustee of the IssuerIrwin Whole Loan Home Equity Trust 2003-D, in the exercise of the xx xhe powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington TrustTrust Company, National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, hereto and (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Loan Purchase Agreement or any other related documents.

Appears in 1 contract

Samples: Loan Purchase Agreement (Home Equity Loan-Backed Notes Series 2003-D)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Agreement is executed and delivered by Wilmington Trust, National Association, not individually or personally but solely as Owner Trustee on behalf of the IssuerIssuer under the Trust Agreement, in the exercise of the powers and authority conferred and vested in it, (bii) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association but is made and intended for the purpose of binding only the Issuer, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association, Association individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto to this Agreement and by any Person person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement them and (eiv) under no circumstances shall Wilmington Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken undertaking by the Issuer under this Agreement or any other related documents. For the purposes of this Agreement, in the performance of its duties or obligations hereunder, the Owner Trustee shall be subject to, and entitled to the benefits of, the terms and provisions of Articles VI, VII and VIII of the Trust Agreement. Section 13.14. [Reserved].

Appears in 1 contract

Samples: Sale and Servicing Agreement (Hercules Technology Growth Capital Inc)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Agreement is executed and delivered by Wilmington Trust, National Association[***], not individually or personally but solely as Owner Trustee of the IssuerBorrower, in the exercise of the powers and authority conferred and vested in it, (bii) each of the representations, covenants, undertakings and agreements herein made on the part of the Issuer Borrower is made and intended not as personal representations, covenants, undertakings and agreements by Wilmington Trust[***], National Association but is made and intended for the purpose of for binding only the IssuerBorrower, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association[***], individually or personally, to perform any covenant 137 300213599v4 either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (div) Wilmington Trust, National Association [***] has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer Borrower in this Agreement and (ev) under no circumstances shall Wilmington Trust[***], National Association be personally liable for the payment of any indebtedness or expenses of the Issuer Borrower or be liable for the breach or failure of any obligation, duty (including fiduciary duty, if any), representation, warranty or covenant made or undertaken by the Issuer Borrower under this Agreement or any other related documentsBasic Document.

Appears in 1 contract

Samples: Warehouse Agreement (Vroom, Inc.)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement Supplemental Indenture is executed and delivered by Wilmington Trust, National AssociationTrust Company (“Wilmington”), not individually or personally personally, but solely as Owner Trustee of the IssuerTrustee, in the exercise of the powers and authority conferred and vested in it, pursuant to the related Trust Agreement, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association Xxxxxxxxxx but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationWilmington, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person person claiming by, through or under the parties hereto, and (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement Supplemental Indenture or any other related documents.

Appears in 1 contract

Samples: Second Supplemental Indenture

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Loan Purchase Agreement is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally personally, but solely as Owner Trustee of the IssuerHome Equity Mortgage Trust 2007-1, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington TrustTrust Company, National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, hereto and (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Loan Purchase Agreement or any other related documents.

Appears in 1 contract

Samples: Loan Purchase Agreement (Home Equity Mortgage Trust 2007-1)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement Amendment is executed and delivered by Wilmington Trust, National Association and U.S. Bank National Association, not individually or personally but solely as Owner Trustee of the Issuerapplicable Trusts, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer Trusts is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association but is made and intended for the purpose of binding only the IssuerTrusts, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association, individually or personally, to perform any covenant either expressed or implied contained herein of the IssuerTrusts, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association has not verified and made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer Trusts in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer Trusts or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer Trusts under this Agreement or any other related documents.

Appears in 1 contract

Samples: Specified Sale and Servicing Agreements (Carmax Auto Funding LLC)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Custodian Agreement is executed and delivered by Wilmington Trust, National Association[___], not individually or personally but solely as Owner Trustee trustee of the IssuerHolding Trust, in the exercise of the powers and authority conferred and vested in it, (bii) each of the representations, covenants, undertakings and agreements herein made on the part of the Issuer Holding Trust is made and intended not as personal representations, covenants, undertakings and agreements by Wilmington Trust, National Association [___] but is made and intended for the purpose of binding only the IssuerHolding Trust, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association[___], individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (div) Wilmington Trust, National Association [___] has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer Holding Trust or any other Person in this Custodian Agreement and (ev) under no circumstances shall Wilmington Trust, National Association [___] be personally liable for the payment of any indebtedness or expenses of the Issuer Holding Trust or be liable for the breach or failure of any obligation, duty (including fiduciary duty, if any), representation, warranty or covenant made or undertaken by the Issuer Holding Trust under this Custodian Agreement or any other related documents.

Appears in 1 contract

Samples: Form of Custodian Agreement (Efcar, LLC)

Limitation of Liability of Owner Trustee. The Notwithstanding anything herein or in any Transaction Document to the contrary, it is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Agreement Amendment is executed and delivered by Wilmington Trust, National Association, not individually or personally but solely as owner trustee (the “Owner Trustee Trustee”) of the IssuerBorrower, in the exercise of the powers and authority conferred and vested in it, (bii) each of the representations, undertakings and agreements herein made on the part of the Issuer Borrower is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association in its individual capacity, but is made and intended for the purpose of binding only the IssuerBorrower, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association, individually or personally, to perform any covenant covenants, either expressed or implied implied, contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person person claiming by, through or under the parties hereto, (div) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer Borrower in this Agreement Amendment and (ev) under no circumstances shall Wilmington Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer Borrower or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer Borrower under this Agreement Amendment or any other related documentsdocument.

Appears in 1 contract

Samples: Loan and Security Agreement (Oportun Financial Corp)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, National Association[Owner Trustee], not individually or personally but solely as Owner Trustee trustee of the IssuerTransferee and Transferor, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, covenants, undertakings and agreements herein made on the part of the Issuer Transferee and Transferor is made and intended not as personal representations, covenants, undertakings and agreements by Wilmington Trust, National Association [Owner Trustee] but is made and intended for the purpose of binding only the IssuerTransferee and Transferor, as applicable, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association[Owner Trustee], individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association [Owner Trustee] has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer Transferee and Transferor in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association [Owner Trustee] be personally liable for the payment of any indebtedness or expenses of the Issuer Transferee or Transferor or be liable for the breach or failure of any obligation, duty (including fiduciary duty, if any), representation, warranty or covenant made or undertaken by the Issuer Transferee or Transferor under this Agreement or any other related documents.

Appears in 1 contract

Samples: Contribution Agreement (Efcar, LLC)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Agreement is executed and delivered 89 BUSINESS.29147459.4 by Wilmington Trust, National Association, not individually or personally but solely as Owner Trustee on behalf of the IssuerIssuer under the Trust Agreement, in the exercise of the powers and authority conferred and vested in it, (bii) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association but is made and intended for the purpose of binding only the Issuer, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association, Association individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto to this Agreement and by any Person person claiming by, through or under the parties heretothem, (div) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer Owner Trustee or the Trust in this Agreement and (ev) under no circumstances shall Wilmington Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken undertaking by the Issuer under this Agreement or any other related documents. For the purposes of this Agreement, in the performance of its duties or obligations hereunder, the Owner Trustee shall be subject to, and entitled to the benefits of, the terms and provisions of Articles VI, VII and VIII of the Trust Agreement.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Hercules Capital, Inc.)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, National Association, not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer Owner in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents.

Appears in 1 contract

Samples: Administration Agreement (OneMain Financial Holdings, Inc.)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Loan Purchase Agreement is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally personally, but solely as Owner Trustee of the IssuerHome Equity Mortgage Trust 2006-2, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington TrustTrust Company, National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, hereto and (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Loan Purchase Agreement or any other related documents.

Appears in 1 contract

Samples: Loan Purchase Agreement (Home Equity Mortgage Trust 2006-2)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that Notwithstanding anything contained herein to the contrary, (a) this Agreement instrument is executed and delivered by Wilmington Trust, U.S. Bank Trust National Association, not individually or personally but solely as Owner Trustee of the IssuerHyundai Auto Receivables Trust 2022-A, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, U.S. Bank Trust National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, U.S. Bank Trust National Association, Association individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, U.S. Bank Trust National Association has made no investigation as to the accuracy or completeness of any representations and or warranties made by the Issuer in this Agreement instrument and (e) under no circumstances shall Wilmington Trust, U.S. Bank Trust National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement instrument or any other related documents. In no event will U.S. Bank Trust National Association in its individual capacity or a beneficial owner of the Issuer be liable for the Issuer’s obligations under this Agreement. For all purposes under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 1 contract

Samples: Asset Representations Review Agreement (Hyundai Auto Receivables Trust 2022-A)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Loan Purchase Agreement is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally personally, but solely as Owner Trustee of the IssuerXxxxx Whole Loan Home Equity Trust 2003-A, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington TrustTrust Company, National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, hereto and (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Loan Purchase Agreement or any other related documents.

Appears in 1 contract

Samples: Loan Purchase Agreement (CSFB Acceptance Corp Home Equity Loan Back Notes Ser 2003-A)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement Indenture is executed and delivered by Wilmington Trust, U.S. Bank Trust National Association, not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, U.S. Bank Trust National Association but is made and intended for the purpose of binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, U.S. Bank Trust National Association, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, hereto and (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington Trust, U.S. Bank Trust National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement Indenture or any other related documents.

Appears in 1 contract

Samples: Indenture (Chrysler Financial Auto Securitization Trust 2010-A)

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Loan Agreement is executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally personally, but solely as Owner Trustee of the IssuerABFS Warehouse Trust 2003-2, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer Borrower is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association Trust Company but is made and intended for the purpose of for binding only the IssuerBorrower, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, hereto and (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer Borrower or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer Borrower under this Loan Agreement or any other related documents.

Appears in 1 contract

Samples: Administration Agreement (American Business Financial Services Inc /De/)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that (a) Notwithstanding anything to the contrary herein, this Agreement is Indenture has been executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally personally, but solely as Owner Trustee of the IssuerIrwin Whole Loan Home Equity Trust 2003-D, in the exercise of the powers and powxxx xnd authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington TrustTrust Company, National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, hereto and (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement Indenture or any other related documents.

Appears in 1 contract

Samples: Home Equity Loan-Backed Notes Series 2003-D

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that (a) Notwithstanding anything to the contrary herein, this Agreement is Indenture has been executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally personally, but solely as Owner Trustee of the IssuerHome Equity Mortgage Trust 2007-1, in the exercise of the powers and authority conferred and vested in it, (ba) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington TrustTrust Company, National Association but is made and intended for the purpose of for binding only the Issuer, (cb) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement hereto and (ec) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement Indenture or any other related documents.

Appears in 1 contract

Samples: Home Equity Mortgage Trust 2007-1

Limitation of Liability of Owner Trustee. The It is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (a) this Agreement is executed and delivered by Wilmington Trust, U.S. Bank Trust National Association, not individually or personally personally, but solely as Owner Trustee trustee of the IssuerCSFB ABS Trust 2002-HI23, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington TrustU.S. Bank Trust National Association, National Association but is made and intended for the purpose of for binding only the Issuer, (c) nothing herein contained shall be construed as creating any liability on Wilmington Trust, U.S. Bank Trust National Association, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, hereto and (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement and (e) under no circumstances shall Wilmington Trust, U.S. Bank Trust National Association be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documentsdocument.

Appears in 1 contract

Samples: Loan Purchase Agreement (Credit Suisse First Boston Mor Ac Corp CSFB Abs Tr 2002 Hi23)

Limitation of Liability of Owner Trustee. The parties hereto are put on notice and hereby acknowledge and agree that (a) Notwithstanding anything to the contrary herein, this Agreement is Indenture has been executed and delivered by Wilmington Trust, National AssociationTrust Company, not individually or personally personally, but solely as Owner Trustee of the IssuerXxxxx Whole Loan Home Equity Trust 2005-B, in the exercise of the powers and authority conferred and vested in it, (ba) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by Wilmington TrustTrust Company, National Association but is made and intended for the purpose of for binding only the Issuer, (cb) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National AssociationTrust Company, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (d) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer in this Agreement hereto and (ec) under no circumstances shall Wilmington Trust, National Association Trust Company be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer under this Agreement Indenture or any other related documents.

Appears in 1 contract

Samples: Irwin Whole Loan Home Equity Trust 2005-B

Limitation of Liability of Owner Trustee. The Notwithstanding anything herein or in any Transaction Document to the contrary, it is expressly understood and agreed by the parties hereto are put on notice and hereby acknowledge and agree that (ai) this Agreement Amendment is executed and delivered by Wilmington Xxxxxxxxxx 752831084 15483158 Trust, National Association, not individually or personally but solely as owner trustee (the “Owner Trustee Trustee”) of the IssuerBorrower, in the exercise of the powers and authority conferred and vested in it, (bii) each of the representations, undertakings and agreements herein made on the part of the Issuer Borrower is made and intended not as personal representations, undertakings and agreements by Wilmington Trust, National Association in its individual capacity, but is made and intended for the purpose of binding only the IssuerBorrower, (ciii) nothing herein contained shall be construed as creating any liability on Wilmington Trust, National Association, individually or personally, to perform any covenant covenants, either expressed or implied implied, contained herein of the Issuerherein, all such liability, if any, being expressly waived by the parties hereto and by any Person person claiming by, through or under the parties hereto, (div) Wilmington Trust, National Association has made no investigation as to the accuracy or completeness of any representations and warranties made by the Issuer Borrower in this Agreement Amendment and (ev) under no circumstances shall Wilmington Trust, National Association be personally liable for the payment of any indebtedness or expenses of the Issuer Borrower or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Issuer Borrower under this Agreement Amendment or any other related documents.document. 752831084 15483158

Appears in 1 contract

Samples: Loan and Security Agreement (Oportun Financial Corp)

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