Common use of No Liability of Officers, Directors and Managers Clause in Contracts

No Liability of Officers, Directors and Managers. Each of the Purchaser and the Seller acknowledges and agrees that it shall not assert any claims it may have arising from this Agreement against officers, directors, beneficiaries, managers, principals or agents of the other party or any affiliate of such party.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Advance Paradigm Inc), Stock Purchase Agreement (Rite Aid Corp)

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No Liability of Officers, Directors and Managers. Each of the Purchaser and the Seller acknowledges and agrees that it shall not assert any claims it may have arising from this Agreement against officers, directors, beneficiaries, managers, principals or agents of the other party or any affiliate Affiliate of such party.

Appears in 2 contracts

Samples: Share Purchase Agreement (Unit Corp), Stock Purchase Agreement (Unit Corp)

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