Common use of Liability to Third Parties Clause in Contracts

Liability to Third Parties. Except as stated in this Agreement, none of the Depositor, the Administrator or their Affiliates or any of their directors, managers, officers or employees will be liable for the Issuer’s debts, obligations or liabilities.

Appears in 78 contracts

Sources: Trust Agreement (Ford Credit Auto Owner Trust 2022-A), Trust Agreement (Ford Credit Auto Owner Trust 2022-A), Trust Agreement (Ford Credit Auto Lease Trust 2021-B)

Liability to Third Parties. Except as stated in this Agreement, none of the Depositor, the Administrator or their Affiliates or any of their directors, managers, officers or employees will be liable for the Issuer’s 's debts, obligations or liabilities.

Appears in 41 contracts

Sources: Trust Agreement (Ford Credit Auto Lease Trust 2025-B), Trust Agreement (Ford Credit Auto Lease Trust 2025-B), Trust Agreement (CAB East LLC)

Liability to Third Parties. Except as stated in this Agreement, none of the Depositor, the Administrator or their Affiliates or any of their directors, managers, officers or employees will be liable for the IssuerTrust’s debts, obligations or liabilities.

Appears in 5 contracts

Sources: Trust Agreement (Verizon Master Trust), Master Collateral Agency and Intercreditor Agreement (Verizon Master Trust), Trust Agreement (Verizon Master Trust)