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

No Personal Liability of Directors, Officers, Employees, Incorporators or Stockholders. No director, officer, employee, incorporator or shareholder of the Issuer, or any of its Subsidiaries, as such, shall have any liability for any obligations of the Issuer or any of its Subsidiaries under the Notes, this Indenture or the Guarantees herein 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.

Appears in 3 contracts

Samples: Indenture (Central European Media Enterprises LTD), Indenture (Central European Media Enterprises N.V.), Indenture (CME Media Enterprises B.V.)

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No Personal Liability of Directors, Officers, Employees, Incorporators or Stockholders. No director, officer, employee, incorporator or shareholder stockholder of the Issuer, Issuer or any of its SubsidiariesGuarantor, as such, shall have any liability for any obligations of the Issuer or any of its Subsidiaries Guarantor under the Notes, the Guarantees or this Indenture or the Guarantees herein or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each holder 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.

Appears in 3 contracts

Samples: Indenture (Smurfit Westrock PLC), Indenture (Smurfit WestRock PLC), Indenture (Smurfit Westrock PLC)

No Personal Liability of Directors, Officers, Employees, Incorporators or Stockholders. No director, officer, employee, incorporator or shareholder of the Issuer, or any of its Subsidiaries, as such, shall have any liability for any obligations of the Issuer or any of its Subsidiaries under the Notes, this Indenture or the Subsidiary Guarantees herein 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.

Appears in 2 contracts

Samples: Indenture (Central European Media Enterprises LTD), Indenture (Central European Media Enterprises LTD)

No Personal Liability of Directors, Officers, Employees, Incorporators or Stockholders. No director, officer, employee, incorporator or shareholder stockholder of the Issuer, Issuer or any of its SubsidiariesGuarantor, as such, shall will have any liability for any obligations of the Issuer or any of its Subsidiaries the Guarantors under the Notes, this Indenture or Indenture, the Note Guarantees herein and the Security Documents or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each holder 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. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 2 contracts

Samples: Indenture (Nathans Famous Inc), Indenture (Nathans Famous Inc)

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No Personal Liability of Directors, Officers, Employees, Incorporators or Stockholders. No director, officer, employee, incorporator or shareholder of the Issuer, or any of its Subsidiaries, as such, shall have any liability for any obligations of the Issuer or any of its Subsidiaries under the Notes, this Indenture or the Note Guarantees herein 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.

Appears in 1 contract

Samples: Indenture (Central European Media Enterprises LTD)

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