Common use of No Liability of Directors, Officers, Employees, Incorporators, Members and Stockholders Clause in Contracts

No Liability of Directors, Officers, Employees, Incorporators, Members and Stockholders. No director, officer, employee, incorporator, member or stockholder of the Company or any Subsidiary Guarantor, as such, will have any liability for any obligations of the Company or such Subsidiary Guarantor under the Notes, any Subsidiary Guarantee or this Indenture or for any claim based on, in respect of, or by reason of, such obligations. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes.

No Liability of Directors, Officers, Employees, Incorporators, Members and Stockholders. No director, officer, employee, incorporator, member or stockholder of the Company or any Subsidiary Guarantor, as such, will have any liability for any obligations of the Company or such Subsidiary Guarantor under the NotesSecurities, any Subsidiary Security Guarantee or this Indenture or for any claim based on, in respect of, or by reason of, such obligations. Each Holder of Notes Securities by accepting a Note Security waives and releases all such liability. The waiver and release are part of the consideration for issuance of the NotesSecurities.

No Liability of Directors, Officers, Employees, Incorporators, Members and Stockholders. No past, present or future director, officer, employee, incorporator, member member, partner or stockholder of the Company Issuer or any Subsidiary Guarantor, as such, will have any liability for any obligations of the Company Issuer or such Subsidiary Guarantor under the Notesnotes, any Subsidiary Note Guarantee or this Indenture or for any claim based on, in respect of, or by reason of, such obligations. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes.