Common use of Liability of Transferor Clause in Contracts

Liability of Transferor. INDEMNITIES. The Transferor shall be liable in accordance with this 1998-C Securitization Trust Agreement only to the extent of the obligations in this 1998-C Securitization Trust Agreement specifically undertaken by the Transferor in such capacity under this 1998-C Securitization Trust Agreement and shall have no other obligations or liabilities hereunder.

Appears in 2 contracts

Sources: Securitization Trust Agreement (Toyota Lease Trust), 1998 C Securitization Trust Agreement (Toyota Auto Lease Trust 1998 C)

Liability of Transferor. INDEMNITIES. The Transferor shall be liable in accordance with this 1998-C B Securitization Trust Agreement only to the extent of the obligations in this 1998-C B Securitization Trust Agreement specifically undertaken by the Transferor in such capacity under this 1998-C B Securitization Trust Agreement and shall have no other obligations or liabilities hereunder.

Appears in 1 contract

Sources: 1998 B Securitization Trust Agreement (Toyota Auto Lease Trust 1998-B)