Common use of Liability of Trustees, etc Clause in Contracts

Liability of Trustees, etc. No recourse shall be had for any obligation of the Company hereunder, or for any claim based thereon or otherwise in respect thereof, against any past, present or future trustee, shareholder, officer or employee of the Company, whether by virtue of any statute or rule of law, or by the enforcement of any assessment or penalty or otherwise, all such liability being expressly waived and released by Executive.

Appears in 14 contracts

Samples: Employment Agreement (Brandywine Operating Partnership Lp /Pa), Amended and Restated Agreement (Brandywine Operating Partnership Lp /Pa), Severance Protection Agreement (Brandywine Operating Partnership Lp /Pa)

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Liability of Trustees, etc. No recourse shall be had for any obligation of the Company hereunder, or for any claim based thereon or otherwise in respect thereof, against any past, present or future trustee, shareholder, officer or employee of the Company, whether by virtue of any statute or rule of law, or by the enforcement of any assessment or penalty or otherwise, all such liability being expressly waived and released by Executiveeach party hereto.

Appears in 13 contracts

Samples: Employment Agreement (Brandywine Operating Partnership Lp /Pa), Employment Agreement (Brandywine Realty Trust), Employment Agreement (Brandywine Realty Trust)

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Liability of Trustees, etc. No recourse shall be had for any obligation of the Company hereunder, or for any claim based thereon or otherwise in respect thereof, against any past, present or of future trustee, shareholder, officer or employee of the Company, whether by virtue of any statute or rule of law, or by the enforcement of any assessment or penalty or otherwise, all such liability being expressly waived and released by Executive.

Appears in 1 contract

Samples: Agreement (Brandywine Realty Trust)

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