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

Limitation of Liability of Owner Trustee. This Agreement has been signed on behalf of the Issuer by [ ] not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will [ ] 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 12 contracts

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

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Limitation of Liability of Owner Trustee. This Agreement has been signed on behalf of the Issuer by [ ] not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will [ ] 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 11 contracts

Samples: Asset Representations Review Agreement (Ford Credit Auto Receivables Two LLC), Asset Representations Review Agreement (CAB West LLC), Asset Representations Review Agreement (Ford Credit Auto Receivables Two LLC)

Limitation of Liability of Owner Trustee. This Agreement has been signed on behalf of the Issuer by [ ] not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will [ ] in its individual capacity or a beneficial owner of the Issuer be liable have any liability for the Issuer’s representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement, as to all of which recourse shall be had solely to the assets of the Issuer. For all purposes under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 7 contracts

Samples: Asset Representations Review Agreement (NISSAN AUTO RECEIVABLES Co II LLC), Asset Representations Review Agreement (NISSAN AUTO RECEIVABLES Co II LLC), Asset Representations Review Agreement (Nissan-Infiniti Lt)

Limitation of Liability of Owner Trustee. This Agreement has been signed on behalf of the Issuer by [ ] not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will [ ] in its individual capacity or a any beneficial owner of the Issuer be liable have any liability for the Issuer’s representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement or in any of the certificates, notices or agreements delivered 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 5 contracts

Samples: Asset Representations Review Agreement (Efcar, LLC), Asset Representations Review Agreement (Efcar, LLC), Asset Representations Review Agreement (ACAR Leasing Ltd.)

Limitation of Liability of Owner Trustee. This Agreement has been signed on behalf of the Issuer by [ ] [__________], not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will [ [__________] 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 5 contracts

Samples: Asset Representations Review Agreement (Harley-Davidson Customer Funding Corp.), Review Agreement (Toyota Auto Finance Receivables LLC), Asset Representations Review Agreement (Harley-Davidson Customer Funding Corp.)

Limitation of Liability of Owner Trustee. This Agreement has been signed on behalf of the Issuer by [ ] not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will [ ] in its individual capacity or a beneficial owner of the Issuer be liable for the Issuer’s representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement. For all purposes under this Agreement, the Owner Trustee will be is subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 4 contracts

Samples: Exchange Note Sale Agreement (CAB West LLC), Exchange Note Sale Agreement (CAB East LLC), Exchange Note Sale Agreement (CAB East LLC)

Limitation of Liability of Owner Trustee. This Agreement has been signed on behalf of the Issuer by [ [●] not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will [ [●] in its individual capacity or a beneficial owner of the Issuer be liable have any liability for the Issuer’s representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement, as to all of which recourse shall be had solely to the assets of the Issuer. For all purposes under this Agreement, the Owner Trustee will be subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 3 contracts

Samples: Asset Representations Review Agreement (Nissan Wholesale Receivables Corp Ii), Asset Representations Review Agreement (Nissan Wholesale Receivables Corp Ii), Asset Representations Review Agreement (Nissan Wholesale Receivables Corp Ii)

Limitation of Liability of Owner Trustee. This Agreement has been signed on behalf of the Issuer by [ ] ], not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will [ ] 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 3 contracts

Samples: Asset Representations Review Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Asset Representations Review Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Asset Representations Review Agreement (CNH Capital Receivables LLC)

Limitation of Liability of Owner Trustee. This Agreement has been signed on behalf of the Issuer by [ ] [__________], not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will [ [__________] in its individual capacity or a beneficial owner of the Issuer be liable for the Issuer’s '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 (Daimler Trust), Asset Representations Review Agreement (Daimler Trust)

Limitation of Liability of Owner Trustee. This Agreement has been signed on behalf of the Issuer Issuing Entity by [ ] ], not in its individual capacity but solely in its capacity as Owner Trustee of the IssuerIssuing Entity. In no event will [ ] in its individual capacity or a beneficial owner of the Issuer Issuing Entity be liable for the IssuerIssuing Entity’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 (John Deere Receivables, Inc.), Asset Representations Review Agreement (John Deere Receivables, Inc.)

Limitation of Liability of Owner Trustee. This Agreement has been signed on behalf of the Issuer by [ ] not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will [ ] 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 (Porsche Auto Funding LLC), Asset Representations Review Agreement (American Honda Receivables LLC)

Limitation of Liability of Owner Trustee. This Agreement has been signed on behalf of the Issuer by [ [●] not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will [ [●] 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 (Fifth Third Holdings Funding, LLC)

Limitation of Liability of Owner Trustee. This Agreement has been signed on behalf of the Issuer by [ ] _________________ not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will [ ] _____________________ in its individual capacity or a beneficial owner of the Issuer be liable for the Issuer’s '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 (CAB East LLC)

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Limitation of Liability of Owner Trustee. This Agreement has been signed on behalf of the Issuer by [ [___________] not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will [ [___________] in its individual capacity or as a beneficial owner of the Issuer be liable for the Issuer’s representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement. For all purposes under this Agreement, the Owner Trustee will be is subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 1 contract

Samples: Review Agreement (Verizon ABS LLC)

Limitation of Liability of Owner Trustee. This Agreement has been signed on behalf of the Issuer by [ [•] not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will [ [•] in its individual capacity or a beneficial owner of the Issuer be liable have any liability for the Issuer’s representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement, as to all of which recourse shall be had solely to the assets of the Issuer. 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 (Nissan Wholesale Receivables Corp Ii)

Limitation of Liability of Owner Trustee. This Agreement has been signed on behalf of the Issuer by [ [________________________] not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will [ [________________________] 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 (Usaa Acceptance LLC)

Limitation of Liability of Owner Trustee. This Agreement has been signed on behalf of the Issuer by [ ] not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event event, will [ ] in its individual capacity or a beneficial owner of the Issuer issuer be liable for the Issuer’s '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 (BMW Fs Securities LLC)

Limitation of Liability of Owner Trustee. This Agreement has been signed on behalf of the Issuer by [ ] ], not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will [ ] in its individual capacity or a beneficial owner of the Issuer be liable have any liability for the Issuer’s representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement, as to all of which recourse shall be had solely to the assets of the Issuer. 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 (Vw Credit Leasing LTD)

Limitation of Liability of Owner Trustee. This Agreement has been signed on behalf of the Issuer by [ ] not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event event, will [ ] in its individual capacity or a beneficial owner of the Issuer 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 (Financial Services Vehicle Trust)

Limitation of Liability of Owner Trustee. This Agreement has been signed on behalf of the Issuer by [ ] _____________________ not in its individual capacity but solely in its capacity as Owner Trustee of the Issuer. In no event will [ ] _____________________ in its individual capacity or a beneficial owner of the Issuer be liable for the Issuer’s representations, warranties, covenants, agreements or other obligations of the Issuer under this Agreement. For all purposes under this Agreement, the Owner Trustee will be is subject to, and entitled to the benefits of, the Trust Agreement.

Appears in 1 contract

Samples: Exchange Note Sale Agreement (CAB East LLC)

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