Common use of Incorporators, Shareholders, Officers Clause in Contracts

Incorporators, Shareholders, Officers. and Directors of Issuer and Guarantors Exempt from Individual Liability. No recourse under or upon any obligation, covenant or agreement contained in this Indenture, or in any Security, or because of any indebtedness evidenced thereby, shall be had against any incorporator, as such or against any past, present or future shareholder, officer or director, as such, of the Issuer, any Guarantor or of any successor, either directly or through the Issuer, such Guarantor or any successor, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and released by the acceptance of the Securities by the holders thereof and as part of the consideration for, and as a condition of, the issue of the Securities.

Appears in 2 contracts

Samples: Indenture (Tyco International Group S A), Indenture (Tyco International LTD /Ber/)

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Incorporators, Shareholders, Officers. and Directors of Issuer and Guarantors Exempt from Individual Liability. No recourse under or upon any obligation, covenant or agreement contained in this Indenture, or in any Security, or because of any indebtedness evidenced thereby, shall be had against any incorporator, as such such, or against any past, present or future shareholder, officer or director, as such, of the Issuer, any Guarantor Issuer or of any successor, either directly or through the Issuer, such Guarantor Issuer or any successor, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and released by the acceptance of the Securities by the holders Holders thereof and as part of the consideration for, and as a condition of, for the issue of the Securities.

Appears in 2 contracts

Samples: Indenture (NRG Energy Inc), Indenture (NRG Energy Inc)

Incorporators, Shareholders, Officers. and Directors of Issuer and Guarantors Exempt from Individual Liability. No recourse under or upon any obligation, covenant or agreement contained in this Indenture, or in any Security, or because of any indebtedness evidenced thereby, shall be had against any incorporator, as such or against any past, present or future shareholder, officer or director, as such, of the Issuer, any Guarantor Issuer or of any successor, either directly or through the Issuer, such Guarantor Issuer or any successor, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and released by the acceptance of the Securities by the holders thereof and as part of the consideration for, and as a condition of, the issue of the Securities.

Appears in 1 contract

Samples: Indenture (Tyco International LTD /Ber/)

Incorporators, Shareholders, Officers. and Directors of Issuer and Guarantors Exempt from Individual Liability. No recourse under or upon any obligation, covenant or agreement contained in this Indenture, or in any Security, or because of any indebtedness evidenced thereby, shall be had against any incorporator, as such such, or against any past, present or future shareholder, officer or director, as such, of the Issuer, any Guarantor Issuer or of any successor, either directly or through the Issuer, such Guarantor Issuer or any successor, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and released by the acceptance of the Securities by the holders Holders thereof and as part of the consideration for, and as a condition of, the issue of the Securities.

Appears in 1 contract

Samples: Indenture (Cone Mills Corp)

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Incorporators, Shareholders, Officers. and Directors of Issuer and Guarantors Exempt from Individual Liability. No recourse under or upon any obligation, covenant or agreement contained in this Indenture, or in any Security, or because of any indebtedness evidenced thereby, shall be had against any incorporator, as such or against any past, present or future shareholder, officer or director, as such, of the Issuer, any Guarantor Issuer or of any successor, either directly or through the Issuer, such Guarantor Issuer or any successor, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and released by the acceptance of the Securities by the holders Holders thereof and as part of the consideration for, and as a condition of, the issue of the Securities.

Appears in 1 contract

Samples: Indenture (Cone Mills Corp)

Incorporators, Shareholders, Officers. and And Directors of Of Issuer and Guarantors Exempt from From Individual Liability. No recourse under or upon any obligation, covenant or agreement contained in this Indenture, or in any Security, or because of any indebtedness evidenced thereby, shall be had against any incorporator, as such such, or against any past, present or future shareholder, officer or director, as such, of the Issuer, any Guarantor Issuer or of any successor, either directly or through the Issuer, such Guarantor Issuer or any successor, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and released by the acceptance of the Securities by the holders Holders thereof and as part of the consideration for, and as a condition of, for the issue of the Securities.

Appears in 1 contract

Samples: Indenture (Commonwealth Edison Co)

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