Common use of Limitation of Recourse Clause in Contracts

Limitation of Recourse. Notwithstanding anything herein to the contrary, the obligations of ITP under this Agreement are special obligations of the ITP and do not constitute an obligation of (and no recourse shall be had with respect thereto to) any parent company, officer, agent, employee, manager, or Affiliate of ITP, or any shareholder, member, partner, officer, agent, employee, or director of any parent company or Affiliate of ITP as such, and no judgment for any personal liability or deficiency upon or with respect to, or otherwise in connection with, the obligations under this Agreement shall be obtainable by the Administrative Agent or any Affiliate of the Administrative Agent (or any Person claiming by, through, or under such Persons) against any parent company, officer, agent, employee, manager, or Affiliate of ITP, or any shareholder, member, partner, officer, agent, employee, or director of any parent company or Affiliate of ITP absent fraud, misrepresentation, or willful misconduct on the part of such Person.

Limitation of Recourse. Notwithstanding anything Anything herein to the contrarycontrary notwithstanding, the obligations of ITP BTP under this Agreement are special obligations of the ITP BTP and do not constitute an obligation of (and no recourse shall be had with respect thereto to) any parent company, officer, agent, employee, manager, or Affiliate of ITPBTP, or any shareholder, member, partner, officer, agent, employee, or director of any parent company or Affiliate of ITP BTP as such, and no judgment for any personal liability or deficiency upon or with respect to, or otherwise in connection with, the obligations under this Agreement shall be obtainable by the Administrative Agent or any Affiliate of the Administrative Agent (or any Person claiming by, through, or under such Persons) against any parent company, officer, agent, employee, manager, or Affiliate of ITPBTP, or any shareholder, member, partner, officer, agent, employee, or director of any parent company or Affiliate of ITP thereof absent fraud, misrepresentation, or willful misconduct on the part of such Person.

Limitation of Recourse. Notwithstanding anything Anything herein to the contrarycontrary notwithstanding, the obligations of ITP under this Agreement are special obligations of the ITP and do not constitute an obligation of (and no recourse shall be had with respect thereto to) any parent company, officer, agent, employee, manager, or Affiliate of ITP, or any shareholder, member, partner, officer, agent, employee, or director of any parent company or Affiliate of ITP as such, and no judgment for any personal liability or deficiency upon or with respect to, or otherwise in connection with, the obligations under this Agreement shall be obtainable by the Administrative Agent or any Affiliate of the Administrative Agent (or any Person claiming by, through, or under such Persons) against any parent company, officer, agent, employee, manager, or Affiliate of ITP, or any shareholder, member, partner, officer, agent, employee, or director of any parent company or Affiliate of ITP thereof absent fraud, misrepresentation, or willful misconduct on the part of such Person.