Common use of Indenture and Notes Solely Corporate Obligations Clause in Contracts

Indenture and Notes Solely Corporate Obligations. None of the Company’s past, present or future directors, officers, employees or stockholders, as such, will have any liability for any of the obligations under the Notes or this Indenture or for any claim based on, or in respect or by reason of, such obligations or their creation. By accepting a Note, each Holder waives and releases all such liability. This waiver and release is part of the consideration for the issue of the Notes.

Appears in 14 contracts

Samples: Indenture (Pacira BioSciences, Inc.), Indenture (Encore Capital Group Inc), Indenture (Infinera Corp)

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Indenture and Notes Solely Corporate Obligations. None of the Company’s No past, present or future directorsdirector, officersofficer, employees employee, incorporator or stockholdersstockholder of the Company, as such, will have any liability for any obligations of the obligations Company under the Indenture or the Notes or this Indenture or for any claim based on, or in respect of, or by reason of, such obligations or their creation. By accepting a any Note, each Holder waives and releases all such liability. This Such waiver and release is are part of the consideration for the issue issuance of the Notes.

Appears in 1 contract

Samples: Ninth Supplemental Indenture (Ares Capital Corp)

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