Corporation's Obligations. The Holder agrees and acknowledges that this Note and the Corporation's obligations hereunder and for all Amounts Payable are solely obligations and liabilities of the Corporation. None of the Corporation's directors, officers, employees, stockholders, advisors, consultants and affiliates or any other persons shall be obligated or liable in respect of this Note or any Amounts Payable, and Holder hereby releases them from any such obligation of liability.
Appears in 6 contracts
Samples: Non Negotiable Subordinated Note (Jordan Industries Inc), Non Negotiable Junior Subordinated Note (Jordan Industries Inc), Non Negotiable Subordinated Note (Jordan Industries Inc)
Corporation's Obligations. The Holder agrees and ------------------------- acknowledges that this Note and the Corporation's obligations hereunder and for all Amounts Payable are solely obligations and liabilities of the Corporation. None of the Corporation's directors, officers, employees, stockholders, advisors, consultants and affiliates or any other persons shall be obligated or liable in respect of this Note or any Amounts Payable, and Holder hereby releases them from any such obligation of liability.
Appears in 2 contracts
Samples: Non Negotiable Subordinated Note (Motors & Gears Inc), Non Negotiable Subordinated Note (Motors & Gears Inc)
Corporation's Obligations. The Holder agrees and acknowledges ------------------------- that this Note and the Corporation's obligations hereunder and for all Amounts Payable are solely obligations and liabilities of the Corporation. None of the Corporation's directors, officers, employees, stockholders, advisors, consultants and affiliates or any other persons shall be obligated or liable in respect of this Note or any Amounts Payable, and Holder hereby releases them from any such obligation of liability.
Appears in 1 contract
Samples: Non Negotiable Subordinated Note (Motors & Gears Inc)
Corporation's Obligations. The Holder agrees and acknowledges that this Note and the Corporation's obligations hereunder and for all Amounts Payable are solely obligations and liabilities of the Corporation. None of the Corporation's directors, officers, employees, stockholders, advisors, consultants stockholders and affiliates or any other persons shall be obligated or liable in respect of this Note or any Amounts Payable, and Holder hereby releases them from any such obligation of liability.
Appears in 1 contract
Samples: Non Negotiable Subordinated Note (Jordan Industries Inc)
