Common use of Purchaser Groups’ Liabilities Clause in Contracts

Purchaser Groups’ Liabilities. The obligations of the Administrator, each Purchaser Agent and each Purchaser under the Transaction Documents are solely the corporate or limited liability company obligations of such Person. Except with respect to any claim arising out of the willful misconduct or gross negligence of the Administrator, any Purchaser Agent, Global Securitization Services, LLC, any Program Administrator or any Purchaser, no claim may be made by the Seller, the Servicer, Airgas or any other Person against the Administrator, any Purchaser Agent, or any Purchaser or their respective Affiliates, directors, members, managers, officers, employees, attorneys or agents, including Global Securitization Services, LLC or any Program Administrator, for any special, indirect, consequential or punitive damages in respect of any claim for breach of contract or any other theory of liability arising out of or related to the transactions contemplated by the Agreement or any other Transaction Document, or any act, omission or event occurring in connection therewith; and each of the Seller, Servicer and Airgas hereby waives, releases, and agrees not to ▇▇▇ upon any claim for any such damages, whether or not accrued and whether or not known or suspected to exist in its favor. The parties agree that no Program Administrator shall have any obligation, in its capacity as Program Administrator for its related Conduit Purchaser or otherwise to take any actions under the Transaction Documents if such Person acting as a Program Administrator is relieved of its obligations as Program Administrator.