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

No Personal Liability of Directors, Officers, Employees, Members and Stockholders. No director, officer, employee, member, incorporator or stockholder of the Issuers, any Guarantor, or any of their direct or indirect parent companies shall have any liability for any obligation of the Issuers or the Guarantors under the Notes, the Guarantees, or this Indenture or for any claim based on, in respect of, or by reason of any such obligation or its creation. Each Holder by accepting Notes waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes.

Appears in 5 contracts

Samples: Indenture (Organon & Co.), Indenture (Organon & Co.), Indenture (Organon & Co.)

AutoNDA by SimpleDocs

No Personal Liability of Directors, Officers, Employees, Members and Stockholders. No director, officer, employee, memberincorporator, incorporator member or stockholder of the Issuers, any Issuers or the Guarantor, or any of their direct or indirect parent companies as such, shall have any liability for any obligation obligations of the Issuers or the Guarantors Guarantor under the Notes, the GuaranteesGuarantee, or this Indenture or for any claim based on, in respect of, or by reason of any of, such obligation obligations or its their creation. Each Holder of Notes by accepting Notes 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 (Charter Communications Holdings Capital Corp), Indenture (Charter Communications Holdings Capital Corp), Indenture (Charter Communications Holdings Capital Corp)

No Personal Liability of Directors, Officers, Employees, Members and Stockholders. No director, officer, employee, member, incorporator or stockholder of the Issuers, any Guarantor, Issuer or any of their direct or indirect parent companies Restricted Subsidiary shall have any liability for any obligation obligations of the Issuers Issuer or the Guarantors under the Notes, the Guarantees, Guarantees or this Indenture or for any claim based on, in respect of, or by reason of any such obligation obligations or its their creation. Each Holder by accepting Notes 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 (Dycom Industries Inc), Indenture (Harsco Corp)

No Personal Liability of Directors, Officers, Employees, Members and Stockholders. No director, officer, employee, memberincorporator, incorporator member or stockholder of the Issuers, any Guarantor, Company or any of their direct or indirect parent companies Guarantor shall have any liability for any obligation obligations of the Issuers Company or the Guarantors under the Notes, the Guarantees, Notes or this Indenture or for any claim based on, in respect of, or by reason of any of, such obligation obligations or its their creation. Each Holder by accepting Notes 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 (Wyndham Hotels & Resorts, Inc.), Indenture (Wyndham Worldwide Corp)

No Personal Liability of Directors, Officers, Employees, Members and Stockholders. No director, officer, employee, member, incorporator or stockholder of the IssuersIssuer, any Guarantor, Guarantor or any of their direct or indirect parent companies shall have any liability for any obligation obligations of the Issuers Issuer or the Guarantors under the Notes, the Guarantees, Guarantees or this Indenture or for any claim based on, in respect of, or by reason of any such obligation obligations or its their creation. Each Holder by accepting Notes 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 (Catalent, Inc.), Indenture (Catalent, Inc.)

No Personal Liability of Directors, Officers, Employees, Members and Stockholders. No director, officer, employee, member, incorporator or stockholder of the IssuersIssuer, any Guarantor, or any of their direct or indirect parent companies shall have any liability for any obligation of the Issuers Issuer or the Guarantors under the Notes, the Guarantees, or this Indenture or for any claim based on, in respect of, or by reason of any such obligation or its creation. Each Holder by accepting Notes 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 (Healthcare Royalty, Inc.), Indenture (Catalent, Inc.)

No Personal Liability of Directors, Officers, Employees, Members and Stockholders. No director, officer, employee, member, incorporator or stockholder of the Issuers, Issuer or any Guarantor, or any of their direct or indirect parent companies as such, shall have any liability for any obligation obligations of the Issuers Issuer or the Guarantors under the Notes, the Guarantees, or this Indenture and the Note Guarantees or for any claim based on, in respect of, or by reason of any of, such obligation obligations or its their creation. Each Holder holder of Notes by accepting Notes a Note waives and releases all such liability. The waiver and release are shall be part of the consideration for issuance the issue of the Notes.

Appears in 1 contract

Samples: Indenture (Carnival PLC)

AutoNDA by SimpleDocs

No Personal Liability of Directors, Officers, Employees, Members and Stockholders. No director, officer, employee, memberincorporator, incorporator member or stockholder of the IssuersCompany, any Guarantor, the Corporate Issuer or any of their direct or indirect parent companies shall Guarantor will have any liability for any obligation obligations of the Issuers or the Guarantors under the Notes, the Guarantees, Notes or this Indenture or of any Guarantor under its Note Guarantee or for any claim based on, in respect of, or by reason of any of, such obligation obligations or its their creation. Each Holder by accepting Notes a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the NotesNotes and the Note Guarantees.

Appears in 1 contract

Samples: Senior Notes Indenture (Woodside Homes, Inc.)

No Personal Liability of Directors, Officers, Employees, Members and Stockholders. No director, officer, employee, member, incorporator or stockholder of the IssuersIssuer, any Guarantor, Guarantor or any of their direct or indirect parent companies shall have any liability for any obligation of the Issuers Issuer or the Guarantors under the Notes, the Guarantees, Guarantees or this Indenture or for any claim based on, in respect of, or by reason of any such obligation or its creation. Each Holder by accepting Notes 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 (Catalent, Inc.)

No Personal Liability of Directors, Officers, Employees, Members and Stockholders. No director, officer, employee, memberincorporator, incorporator member or stockholder of the Issuers, any Guarantor, Company or any of their direct or indirect parent companies Guarantor shall have any liability for any obligation obligations of the Issuers or the Guarantors Company under the Notes, the Guarantees, Notes or this Indenture or for any claim based on, in respect of, or by reason of any of, such obligation obligations or its their creation. Each Holder by accepting Notes 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 (W R Grace & Co)

No Personal Liability of Directors, Officers, Employees, Members and Stockholders. No director, officer, employee, member, incorporator or stockholder of the IssuersIssuer, any Guarantor, or any of their direct or indirect parent companies Parent Companies shall have any liability for any obligation of the Issuers Issuer or the Guarantors under the Notes, the Guarantees, or this Indenture or for any claim based on, in respect of, or by reason of any such obligation or its creation. Each Holder by accepting Notes 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 (Cano Health, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!