Common use of Limitation on Recourse Clause in Contracts

Limitation on Recourse. No recourse shall be had for the payment or performance of any obligation or covenant in this Governance Agreement, or for any claim against a Party to this Governance Agreement, personally against any past, present or future director, member, officer, employee, agent or official of any of the Parties under any rule of law or equity, statute, or constitution or by the enforcement of any assessment or penalty or otherwise, and all such personal liability is hereby expressly waived.

Appears in 4 contracts

Samples: Governance Agreement, Governance Agreement, Governance Agreement

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Limitation on Recourse. No recourse shall be had for the payment or performance of any obligation or covenant in this Governance Agreement, or for any claim against a Party to this Governance Agreement, personally against any past, present or future director, trustee, member, officer, employee, agent or official of any of the Parties under any rule of law or equity, statute, or constitution or by the enforcement of any assessment or penalty or otherwise, and all such personal liability is hereby expressly waived.

Appears in 3 contracts

Samples: Tif Support Facility Agreement, Project Development Agreement, Project Development Agreement

Limitation on Recourse. No recourse shall be had for the payment or performance of any obligation or covenant in this Amended Governance Agreement, or for any claim against a Party to this Amended Governance Agreement, personally against any past, present or future director, member, officer, employee, agent or official of any of the Parties under any rule of law or equity, statute, or constitution or by the enforcement of any assessment or penalty or otherwise, and all such personal liability is hereby expressly waived.

Appears in 1 contract

Samples: Governance Agreement

Limitation on Recourse. No recourse shall be had for the payment or performance of any obligation or covenant in this Governance Agreement, or for any claim against a Party to this Governance Agreement, personally against any past, present or future director, member, officer, employee, agent or official of any of the Parties under any rule of law or equity, statute, or constitution or by the enforcement of any assessment or penalty or otherwise, and all such personal liability is hereby expressly waived.

Appears in 1 contract

Samples: Bi State Development Agreement

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Limitation on Recourse. No recourse shall be had for the payment or performance of any obligation obligations or covenant in this Governance Agreement, or for any claim against a Party to this Governance Agreement, personally against any past, present present, or future director, member, officer, employee, agent agent, or official of any of the Parties under any rule of law or equity, statutestatue, or constitution or by the enforcement of any assessment or penalty or otherwise, otherwise and all such personal liability is hereby expressly waived.

Appears in 1 contract

Samples: Toll Policy Agreement

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