Common use of Extent of Covenants of the Director; No Personal Liability Clause in Contracts

Extent of Covenants of the Director; No Personal Liability. All covenants, obligations and agreements of the Director contained in this Agreement and all other Loan Documents shall be effective to the extent authorized and permitted by applicable law. No such covenant, obligation or agreement shall be deemed to be a covenant, obligation or agreement of any present or future Director in other than such Director’s official capacity.

Appears in 5 contracts

Samples: Fund Loan and Security Agreement, Loan and Security Agreement, Fund Loan and Security Agreement

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Extent of Covenants of the Director; No Personal Liability. All covenants, obligations and agreements of the Director contained in this Agreement and all other Loan Documents shall be effective to the extent authorized and permitted by b y applicable law. No such covenant, obligation or agreement shall be deemed to be a covenant, obligation or agreement of any present or future Director in other than such Director’s 's official capacitycapacity acting pursuant to the Act.

Appears in 3 contracts

Samples: Loan Agreement (Guitammer Co), Loan Agreement (Guitammer Co), Loan Agreement (Guitammer Co)

Extent of Covenants of the Director; No Personal Liability. All covenants, stipulations, obligations and agreements of the Director contained in this Loan Agreement and all other Loan Documents shall be effective to the extent authorized and permitted by applicable law. No such covenant, stipulation, obligation or agreement shall be deemed to be a covenant, stipulation, obligation or agreement of any present or future Director in other than such Director’s official capacitycapacity acting pursuant to the Act.

Appears in 3 contracts

Samples: Loan Agreement (Air Transport Services Group, Inc.), Loan Agreement (First Solar, Inc.), Loan Agreement (First Solar, Inc.)

Extent of Covenants of the Director; No Personal Liability. All covenants, obligations and agreements of the Director contained in this Agreement and all other Loan Documents shall be effective to the extent authorized and permitted by applicable law. No such covenant, obligation or agreement shall be deemed to be a covenant, obligation or agreement of any present or future Director in other than such Director’s his official capacitycapacity acting pursuant to the Act.

Appears in 3 contracts

Samples: Loan Agreement (Lesco Inc/Oh), Loan Agreement (Venture Service Co), Loan Agreement (Phoenix International Life Sciences Inc)

Extent of Covenants of the Director; No Personal Liability. All covenants, obligations and agreements of the Director contained in this Security Agreement and all other Loan Documents shall be effective to the extent authorized and permitted by applicable law. No such covenant, obligation or agreement shall be deemed to be a covenant, obligation or agreement of any present or future Director in other than such Director’s 's official capacitycapacity acting pursuant to the Act.

Appears in 3 contracts

Samples: Security Agreement (Guitammer Co), Security Agreement (Guitammer Co), Security Agreement (Guitammer Co)

Extent of Covenants of the Director; No Personal Liability. All covenants, obligations and agreements of the Director contained in this Agreement and all other Loan Documents shall be effective to the extent authorized and permitted by applicable law. No such covenant, obligation or agreement shall be deemed to be a covenant, obligation or agreement of any present or future Director in other than such Director’s official capacitycapacity acting pursuant to the Act.

Appears in 3 contracts

Samples: Loan Agreement (Globalwise Investments Inc), Loan Agreement (Globalwise Investments Inc), Loan Agreement (Dpac Technologies Corp)

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Extent of Covenants of the Director; No Personal Liability. All covenants, stipulations, obligations and agreements of the Director contained in this Agreement and all other Loan Documents Lease shall be effective to the extent authorized and permitted by applicable law. No such covenant, stipulation, obligation or agreement shall be deemed to be a covenant, stipulation, obligation or agreement of any present or future Director in other than such Director’s 's official capacitycapacity acting pursuant to the Act.

Appears in 2 contracts

Samples: Lease (Luiginos Inc), Luiginos Inc

Extent of Covenants of the Director; No Personal Liability. All covenants, obligations and agreements of the Director contained in this Loan Agreement and all or any other Loan Documents Document shall be effective to the extent authorized and permitted by applicable law. No such covenant, obligation or agreement shall be deemed to be a covenant, obligation or agreement of any former, present or future Director in other than such Director’s 's official capacitycapacity acting pursuant to the Act, an no such Director shall be personally liable or in any way personally obligated by reason hereof or any responsibility under the Act.

Appears in 2 contracts

Samples: Loan Agreement (PAV Republic, Inc.), Loan Agreement (Republic Engineered Products Holdings LLC)

Extent of Covenants of the Director; No Personal Liability. All covenants, obligations obligations, and agreements of the Director contained in this Agreement and all other Loan Documents shall be effective to the extent authorized and permitted by applicable law. No such covenant, obligation obligation, or agreement shall be deemed to be a covenant, obligation obligation, or agreement of any present or future Director in other than such Director’s official capacitycapacity acting pursuant to the Act.

Appears in 1 contract

Samples: Loan Agreement

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