Common use of Liability of Holders of Receipts Clause in Contracts

Liability of Holders of Receipts. With respect to the Trust, Holders of Receipts shall be entitled to the same limitation of personal liability to which stockholders of private corporations for profit organized under the General Corporation Law of the State of Delaware are extended.

Appears in 5 contracts

Samples: Trust Agreement (Peco Energy Co), Trust Agreement (Peco Energy Co), Trust Agreement (Peco Energy Capital Trust Ii)

AutoNDA by SimpleDocs

Liability of Holders of Receipts. With respect to the Trust, Holders of Receipts shall be entitled to the same limitation of personal liability extended to which stockholders of private corporations for profit organized under the General Corporation Law of the State of Delaware are extendedDelaware.

Appears in 5 contracts

Samples: Trust Agreement (Peco Energy Capital Trust Ii), Trust Agreement (Peco Energy Capital Trust I), Trust Agreement (Peco Energy Co)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.