Common use of No Personal Liability of Directors, Officers, Employees and Shareholders Clause in Contracts

No Personal Liability of Directors, Officers, Employees and Shareholders. No director, officer, employee, incorporator or shareholder of the Company, as such, shall have any liability for any obligations of the Company under the Securities, the Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of the Securities by accepting a Security waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities. 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.

No Personal Liability of Directors, Officers, Employees and Shareholders. No director, officer, employee, incorporator or shareholder of the Company, as such, shall have any liability for any obligations of the Company under the Securities, the Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of the Securities by accepting a Security waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities. 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.

No Personal Liability of Directors, Officers, Employees and Shareholders. No director, officer, employee, incorporator or shareholder of the Company, as such, shall have any liability for any obligations of the Company under the Securities, the Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of the Securities by accepting a Security waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities. 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.

No Personal Liability of Directors, Officers, Employees and Shareholders. No director, officer, employee, incorporator or shareholder of the Company, as such, shall have any liability for any obligations of the Company under the Securities, the Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of the Securities by accepting a Security waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities. 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.

No Personal Liability of Directors, Officers, Employees and Shareholders. No director, officer, employee, incorporator or shareholder of the CompanyCompany or any of its Subsidiaries or Affiliates, as such, shall have any liability for any obligations of the Company either Issuers or any Guarantor under the Securities, the Indenture Notes Documents or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of the Securities by accepting a Security Note waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the SecuritiesNotes. Such waiver may not be effective to waive liabilities under the U.S. federal securities laws and it is the view of the Commission SEC that such a waiver is against public policy.

No Personal Liability of Directors, Officers, Employees and Shareholders. No past, present or future director, officer, employee, incorporator or shareholder of the CompanyCompany or any of its Subsidiaries or Affiliates, as such, shall have any liability for any obligations of the Company or the Guarantors under the Securities, the Indenture Note Documents or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of the Securities by accepting a Security Note waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the SecuritiesNotes. Such waiver may not be effective to waive liabilities under the U.S. federal securities laws and it is the view of the Commission SEC that such a waiver is against public policy.

No Personal Liability of Directors, Officers, Employees and Shareholders. No director, officer, employee, incorporator or shareholder stockholder of the CompanyIssuers, as such, shall have any liability for any obligations of the Company under the SecuritiesNotes, the Guarantees, this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of the Securities Notes by accepting a Security Note waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the SecuritiesNotes. Such waiver may not be effective to waive liabilities under the federal securities laws and it is the view of the Commission SEC that such a waiver is against public policy.

No Personal Liability of Directors, Officers, Employees and Shareholders. No director, officer, employee, incorporator or shareholder of the Company, as such, Company or the Parent Guarantor shall have any liability for any obligations of the Company or the Parent Guarantor under the Securities, the Notes or this Indenture or for any claim based on, in respect of, or by reason of, of such obligations or their creation. Each Holder of the Securities by accepting a Security Note waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the SecuritiesNotes. Such waiver may not be effective to waive liabilities under the federal securities laws and it is the view of the Commission SEC that such a waiver is against public policy.

No Personal Liability of Directors, Officers, Employees and Shareholders. No director, officer, employee, incorporator or shareholder stockholder of the Company, as such, shall have any liability for any obligations of the Company under the SecuritiesNotes, the Guarantees, this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of the Securities Notes by accepting a Security Note waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the SecuritiesNotes. 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.

No Personal Liability of Directors, Officers, Employees and Shareholders. No director, manager, officer, employee, incorporator or shareholder of the CompanyIssuer or any of its Subsidiaries or Affiliates, as such, shall have any liability for any obligations of the Company Issuer or any Guarantor under the Securities, the Indenture Notes Documents or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of the Securities by accepting a Security Note waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the SecuritiesNotes. Such waiver may not be effective to waive liabilities under the U.S. federal securities laws and it is the view of the Commission SEC that such a waiver is against public policy.

No Personal Liability of Directors, Officers, Employees and Shareholders. No director, officer, employee, incorporator or shareholder stockholder of the CompanyIssuer or any Guarantor, as such, shall have any liability for any obligations of the Company Issuer or the Guarantors under the SecuritiesNotes, the Guarantees, this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of the Securities Notes by accepting a Security Note waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the SecuritiesNotes. 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.

No Personal Liability of Directors, Officers, Employees and Shareholders. No director, officer, employee, incorporator or shareholder stockholder of the Company, as such, shall have any liability for any obligations of the Company under the SecuritiesNotes, the Subsidiary Guarantees, this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of the Securities Notes by accepting a Security Note waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the SecuritiesNotes. Such waiver may not be effective to waive liabilities under the federal securities laws and it is the view of the Commission SEC that such a waiver is against public policy.