Common use of LIMITATION OF SHAREHOLDER LIABILITY Clause in Contracts

LIMITATION OF SHAREHOLDER LIABILITY. No Shareholder shall be liable for any debt, claim, demand, judgment or obligation of any kind of, against or with respect to the Trust by reason of his being a Shareholder, nor shall any Shareholder be subject to any personal liability whatsoever, in tort, contract or otherwise, to any Person in connection with the Trust Property or the affairs of the Trust.

Appears in 3 contracts

Samples: Tax Sharing Agreement (Equity Residential Properties Trust), Tax Sharing Agreement (Equity Residential Properties Trust), Agreement and Plan of Combination (Rockefeller Center Properties Inc)

AutoNDA by SimpleDocs

LIMITATION OF SHAREHOLDER LIABILITY. No Shareholder shall be liable for any debt, claim, demand, judgment or obligation of any kind of, against or with respect to the Trust by reason of his being a Shareholder, nor shall any Shareholder be subject to any personal liability whatsoever, in tort, contract or otherwise, to any Person person in connection with the Trust Property property or the affairs of the Trust.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Istar Financial Inc), Agreement and Plan of Merger (Istar Financial Inc), Agreement and Plan of Merger (Istar Financial Inc)

LIMITATION OF SHAREHOLDER LIABILITY. No Shareholder shareholder shall be liable for any debt, claim, demand, judgment or obligation of any kind of, against or with respect to the Trust by reason of his being a Shareholdershareholder, nor shall any Shareholder shareholder be subject to any personal liability whatsoever, in tort, contract or otherwise, to any Person person in connection with the Trust Property property or the affairs of the TrustTrust by reason of being a shareholder.

Appears in 2 contracts

Samples: Employment Agreement (Cv Reit Inc), Employment Agreement (Kranzco Realty Trust)

AutoNDA by SimpleDocs

LIMITATION OF SHAREHOLDER LIABILITY. No Shareholder shareholder shall be liable for any debt, claim, demand, judgment or obligation of any kind of, against or with respect to the Trust by reason of his being a Shareholdershareholder, nor shall any Shareholder shareholder be subject to any personal liability whatsoever, in tort, contract or otherwise, to any Person person in connection with the Trust Property property or the affairs of the TrustTrust by reason of his being a shareholder.

Appears in 1 contract

Samples: Shareholders Agreement (Americold Realty Trust)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!