Liability of the Owners. Subject to Sections 2.05 and 5.02(d), no Owner shall have any personal liability for any liability or obligation of the Trust.
Appears in 1 contract
Sources: Trust Agreement (Bear Stearns Asset Backed Securities Inc)
Liability of the Owners. Subject to Sections 2.05 and 5.02(d)Section 7.3, no Owner shall have any personal liability for any liability or obligation of the Trust.
Appears in 1 contract
Sources: Unanimous Shareholders Agreement (Installations & Hirings LTD)