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

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 Guarantor, as such, will have any liability for any obligations of the Company or any Guarantor, respectively, under the Securities or this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Securities by accepting a Security waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Securities. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 42 contracts

Samples: Coffeyville Resources, LLC, Laredo Midstream Services, LLC, Indenture (Diamondback Energy, Inc.)

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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 Guarantor, as such, will have any liability for any obligations of the Company or any Guarantor, respectively, such Guarantor under the Securities or Notes, the Guarantees, this Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Securities by accepting a Security Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the SecuritiesNotes and the Guarantees. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 14 contracts

Samples: Supplemental Indenture (BALL Corp), Supplemental Indenture (BALL Corp), Supplemental Indenture (BALL Corp)

No Personal Liability of Directors, Officers, Employees and Stockholders. No past, present or future director, officer, employee, incorporator incorporator, member, manager, partner (whether general or limited), unitholder or stockholder of the Company Issuers, the General Partner or any Guarantor, as such, will have any liability for any obligations of the Company Issuers, the General Partner or any Guarantor, respectively, under the Securities or this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Securities by accepting a Security waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Securities. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 11 contracts

Samples: Indenture (American Natural Soda Ash Corp.), Indenture (Genesis Energy Lp), Indenture (Genesis Energy Lp)

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 Guarantor, as such, will shall have any liability for any obligations of the Company or any Guarantor, respectively, such Guarantor under the Securities or Securities, the Security Guarantees, this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Securities by accepting a Security waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Securities. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 8 contracts

Samples: Indenture (West Virginia Management Services Organization, Inc.), Indenture (Omnicare Inc), Lifepoint Health, Inc.

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 Guarantor, as such, will have any liability for any obligations of the Company or any Guarantor, respectively, the Guarantors under the Securities or Notes, this Indenture Indenture, the Security Documents, the Intercreditor Agreement or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Securities by accepting a Security Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the SecuritiesNotes. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 8 contracts

Samples: Indenture (Melco Resorts & Entertainment LTD), Indenture (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Indenture (STUDIO CITY INTERNATIONAL HOLDINGS LTD)

No Personal Liability of Directors, Officers, Employees and Stockholders. No past, present or future director, officer, employee, incorporator incorporator, stockholder, member or stockholder unitholder of the Company or any Guarantor, as such, will have any liability for any obligations of the Company or the Guarantors under any GuarantorSecurities, respectivelythis Indenture, under the Securities or this Indenture Guarantees, or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Securities by accepting a any Security waives and releases all such liability. The waiver and release are part of the consideration for issuance of the any Securities. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 6 contracts

Samples: Indenture (Clearway Energy LLC), Indenture (Clearway Energy, Inc.), Indenture (Clearway Energy, Inc.)

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, will have any liability for any obligations of the Company or any Guarantor, respectively, the Subsidiary Guarantors under the Securities or Notes, this Indenture Indenture, the Subsidiary Guarantees, or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Securities by accepting a Security Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the SecuritiesNotes. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 6 contracts

Samples: Indenture (Vistra Corp.), Vistra Corp., Vistra Corp.

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 GuarantorCompany, as such, will have any liability for any obligations of the Company or any Guarantor, respectively, under the Securities or Securities, this Indenture Indenture, or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Securities by accepting a Security waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Securities. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 4 contracts

Samples: Indenture (Education Realty Trust, Inc.), Indenture (Corrections Corp of America), CCA Western Properties, Inc.

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 Guarantor, as such, will have any liability for any obligations of the Company or any Guarantor, respectively, the Guarantors under the Securities or Securities, this Indenture Indenture, the Security Guarantees or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Securities by accepting a Security waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Securities. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 3 contracts

Samples: Indenture (Metropcs Communications Inc), Indenture (MetroPCS Finance, Inc.), Indenture (MetroPCS Finance, Inc.)

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 Guarantor, as such, will have any liability for any obligations of the Company or any Guarantor, respectively, under the Securities or this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creationobligations. Each Holder of Securities by accepting a Security waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Securities. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 2 contracts

Samples: Indenture (Cott USA Finance LLC), Cott USA Finance LLC

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 Guarantoror, if any, the Subsidiary Guarantors, as such, will have any liability for any obligations of the Company or any Guarantor, respectively, under the Securities or Securities, this Indenture Indenture, any Subsidiary Guarantees, or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Securities by accepting a Security waives and releases all such liability. The waiver and release are part of the consideration for issuance of the any Securities. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 2 contracts

Samples: Indenture (Vistra Corp.), Vistra Energy Corp.

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 GuarantorCompany, as such, will have any liability for any obligations of the Company or any Guarantor, respectively, under the Securities or Securities, this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Securities Holder, by accepting a Security the Securities, waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Securities. The waiver may not be effective to waive liabilities under the federal securities laws.. ARTICLE TWO

Appears in 1 contract

Samples: New Century Financial Corp

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No Personal Liability of Directors, Officers, Employees and Stockholders. No past, present or future director, officer, employee, manager, member, partner, incorporator or stockholder of the Company or any Guarantor, as such, will have any liability for any obligations of the Company or any Guarantor, respectively, under the Securities or this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Securities by accepting a Security waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Securities. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 1 contract

Samples: Indenture (Diamondback Energy, Inc.)

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 GuarantorCompany, as such, will have any liability for any obligations of the Company or any Guarantor, respectively, under the Securities or this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Securities by accepting a Security waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Securities. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 1 contract

Samples: Associated Estates Realty Corp

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 Guarantor, as such, will shall have any liability for any obligations of the Company or any Guarantor, respectively, the Guarantor under the Securities Securities, any Guarantees, the Indenture or this Supplemental 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 issuance of the Securities. The Such waiver may not be effective to waive liabilities under the federal securities lawslaws and it is the view of the Commission that such a waiver is against public policy.

Appears in 1 contract

Samples: Beverly Enterprises Inc /De/

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 Guarantor, as such, will have any liability for any obligations of the Company or the Guarantors under any GuarantorSecurities, respectivelythis Indenture, under the Securities or this Indenture Subsidiary Guarantees or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Securities by accepting a any Security waives and releases all such liability. The waiver and release are part of the consideration for issuance of the any Securities. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 1 contract

Samples: Indenture (NRG Energy, Inc.)

No Personal Liability of Directors, Officers, Employees and Stockholders. No past, present or future director, officer, employee, incorporator incorporator, member, partner or stockholder of the Company Holdings or any Guarantorof its Subsidiaries, as such, will Parent Entities or Affiliates shall have any liability liability, for any obligations of Holdings, the Company Issuer or any Guarantor, respectively, the Guarantors under the Securities or this Indenture Note Documents or for any claim based on, in respect of, or by reason of, of such obligations or their creation. Each Holder of Securities by accepting a Security Notes waives and releases all such liability. The waiver and release are part of the consideration for issuance of the SecuritiesNotes. The Such waiver may not be effective to waive liabilities under the federal securities lawslaws and it is the view of the SEC that such a waiver is against public policy.

Appears in 1 contract

Samples: Indenture (Cushman & Wakefield PLC)

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 Guarantor, as such, will shall have any liability for any obligations of the Company or any Guarantor, respectively, such Guarantor under the Securities or Notes, 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 Securities by accepting a Security Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the SecuritiesNotes and the Guarantees. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 1 contract

Samples: Ball Corp

No Personal Liability of Directors, Officers, Employees and Stockholders. No past, present or future director, officer, employee, incorporator incorporator, partner or stockholder of the Company or any Guarantorthe Parent, as such, will have any liability for any obligations of the Company or any Guarantor, respectively, the Parent under the Securities or this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Securities by accepting a Security waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Securities. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 1 contract

Samples: Texas Petrochemicals Lp

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