Language of Notices, Etc. Any request, demand, authorization, direction, notice, consent, waiver or Act required or permitted under this Indenture shall be in the English language, except that any published notice may be in an official language of the country of publication. SECTION 118. PERSONAL IMMUNITY FROM LIABILITY FOR INCORPORATORS, STOCKHOLDERS, ETC. No recourse shall be had for the payment of the principal, premium, if any, or interest, if any, on any Security or the Guarantee (if applicable), or for any claim based thereon, or otherwise in respect of any Security or the Guarantee (if applicable), or based on or in respect of this Indenture or any indenture supplemental hereto, against any incorporator, or against any past, present or future stockholder, director or officer, as such, of each of the Company, any Guarantor or of any of their respective successor corporations, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise, all such liability being expressly waived and released as a condition of, and as consideration for, the execution of this Indenture and the issue of the Securities. ARTICLE TWO
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Samples: Indenture (Nabors Industries LTD), Indenture (Nabors Industries LTD), Indenture (Nabors Industries LTD)
Language of Notices, Etc. Any request, demand, authorization, direction, notice, consent, waiver or Act required or permitted under this Indenture shall be in the English language, except that any published notice may be in an official language of the country of publication. SECTION 118. PERSONAL IMMUNITY FROM LIABILITY FOR INCORPORATORS, STOCKHOLDERS, ETC. No recourse shall be had for the payment of the principal, premium, if any, or interest, if any, on any Security or the Guarantee (if applicable), or for any claim based thereon, or otherwise in respect of any Security or the Guarantee (if applicable), or based on or in respect of this Indenture or any indenture supplemental hereto, against any incorporator, or against any past, present or future stockholder, director or officer, as such, of each of the Company, any Guarantor or of any of their respective successor corporations, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise, all such liability being expressly waived and released as a condition of, and as consideration for, the execution of this Indenture and the issue of the Securities. ARTICLE TWO.
Appears in 1 contract
Samples: Indenture (Nabors Industries LTD)
Language of Notices, Etc. Any request, demand, authorization, direction, notice, consent, waiver or Act required or permitted under this Indenture shall be in the English language, except that any published notice may be in an official language of the country of publication. SECTION 118115. PERSONAL IMMUNITY FROM LIABILITY FOR INCORPORATORS, STOCKHOLDERS, ETCOFFICERS AND DIRECTORS OF THE COMPANY EXEMPT FROM INDIVIDUAL LIABILITY. No recourse shall be had for the payment under or upon any obligation, covenant or agreement of the principal, premium, if any, or interest, if any, on contained in this Indenture or of or contained in any Security or the Guarantee (if applicable)Security, or for any claim based thereon, thereon or otherwise in respect thereof, or in any Security, or because of the creation of any Security or the Guarantee (if applicable)indebtedness represented thereby, or based on or in respect of this Indenture or any indenture supplemental hereto, shall be had against any incorporator, stockholder, officer or against any director, as such, past, present or future stockholder, director or officer, as suchfuture, of each of the CompanyCompany or any successor Person, either directly or through the Company or any Guarantor or of any of their respective successor corporationsPerson, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise, ; it being expressly understood that all such liability being is hereby expressly waived and released as a condition of, and as a part of the consideration for, the execution of this Indenture and the issue of the Securities. ARTICLE TWO.
Appears in 1 contract
Samples: Indenture (El Paso Energy Corp/De)