No Personal Liability of Directors, Officers. Employees and Stockholders. No past, present or future director, officer, employee, incorporator or stockholder of the Company or of any subsidiary of the Company, as such, shall have any liability for any obligations of the Company under this Security Agreement or for any claim based on, in respect of, or by reason of, such obligations or their creation.
No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Stockholders or Incorporators. ----------------------------- No manager, director, officer, employee, member, shareholder, partner or incorporator of either Issuer or any Subsidiary, as such, shall have any liability for any obligations of the Issuers under the Notes, this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder by accepting a Note waives and releases all such liability. Such waiver and release are part of the consideration for the issuance of the Notes.
No Personal Liability of Directors, Officers. EMPLOYEES AND STOCKHOLDERS No past, present or future director, officer, employee, incorporator or stockholder of the Company or any Subsidiary Guarantor, as such, shall have any liability for any obligations of the Company or such Subsidiary Guarantor under the Notes, the Subsidiary Guarantees or this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder 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 Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Stockholders or Incorporators. No director, officer, employee, incorporator or ----------------------------- stockholder of the Company shall have any liability for any obligations of the Company under the Notes or this Indenture or for any claim based on, in respect of, or by reason of such obligations or their creation. Each Holder of the 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 Personal Liability of Directors, Officers. Employees and ----------------------------------------------------------- Stockholders. No past, present or future director, officer, employee, ------------ incorporator or stockholder of the Debtor as such or any successor Person, as such, shall have any liability for any obligations of the Debtor under the Notes, the Collateral Documents, this Agreement or for any claim based on, in respect of, or by reason of, such obligations or their creation.
No Personal Liability of Directors, Officers. EMPLOYEES OR STOCKHOLDERS
No Personal Liability of Directors, Officers. Employees ------------------------------------------------------- and Stockholders. ---------------- No director, officer, employee, incorporator or stockholder of the Company, as such, shall have any liability for any obligations of the Company under the Securities or this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation, solely by reason of its status as a director, officer, employee, incorporator or stockholder of the Company. By accepting a Security, each Holder waives and releases all such liability (but only such liability). The waiver and release are part of the consideration for issuance of the Securities.
No Personal Liability of Directors, Officers. Employees and ----------------------------------------------------------- Stockholders. ------------- No director, officer, employee, incorporator or stockholder of the Company or any Guarantor, as such, shall have any liability for any obligations of the Company or any Guarantor under the Securities or this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation, solely by reason of its status as a director, officer, employee, incorporator or stockholder of the Company or a Guarantor. By accepting a Security, each Holder waives and releases all such liability (but only such liability). The waiver and release are part of the consideration for issuance of the Securities.
No Personal Liability of Directors, Officers. Employees and Stockholders 170 Section 13.07. Governing Law 170 Section 13.08. Waiver of Jury Trial 170 Section 13.09. Force Majeure 170 Section 13.10. No Adverse Interpretation of Other Agreements 170 Section 13.11. Successors 170 Section 13.12. Severability 170 Section 13.13. Intercreditor Agreements 171 Section 13.14. Counterpart Originals 171 Section 13.15. Table of Contents, Headings, etc 171 Section 13.16. Trust Indenture Act 171
No Personal Liability of Directors, Officers. Employees and ----------------------------------------------------------- Stockholders. ------------ No past, present or future director, officer, employee, incorporator or stockholder of the Company or any of its Subsidiaries, as such, shall have any liability for any Obligations of the Company under the Notes, the Subsidiary Guarantees, this Indenture, the Registration Rights Agreement or the Collateral Documents or for any claim based on, in respect of, or by reason of, such Obligations or their creation. Each Holder by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. Such waiver may not be effective to waive liabilities under the federal securities laws and it is the view of the Commission that such a waiver is against public policy.
