Common use of Limitation of Recourse Clause in Contracts

Limitation of Recourse. Notwithstanding anything to the contrary contained herein (i) no Company Exculpated Party shall have any liability hereunder and (ii) no Manager Exculpated Party shall have any liability hereunder.

Appears in 2 contracts

Samples: Asset Management Agreement (Trinity Place Holdings Inc.), Stock Purchase Agreement (Trinity Place Holdings Inc.)

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Limitation of Recourse. Notwithstanding anything to the contrary contained herein (i) no Company Exculpated Party shall have any liability hereunder and (ii) no Manager Owner Exculpated Party shall have any liability hereunder.

Appears in 2 contracts

Samples: Asset Management Agreement (Asset Capital Corporation, Inc.), Asset Management Agreement (Asset Capital Corporation, Inc.)

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