No Personal Liability of Directors, Officers, Owners, Etc. No past, present, or future director, officer, employee, incorporator, stockholder, managing member, member, general partner, limited partner, principal or other agent of the Investor, the Company, or any Company Subsidiary shall have any liability for any obligations of the Investor or the Company, as applicable, under this Agreement or for any claim based on, in respect of, or by reason of, the respective obligations of the Investor or the Company, as applicable, under this Agreement. Each party hereby waives and releases all such liability. This waiver and release is a material inducement to each party’s entry into this Agreement.
Appears in 2 contracts
Samples: Investment Agreement, Investment Agreement (Consolidated Communications Holdings, Inc.)
No Personal Liability of Directors, Officers, Owners, Etc. No pastExcept for the Company’s ability to enforce this Agreement, present, or future no director, officer, employee, incorporator, stockholdershareholder, managing member, member, general partner, limited partner, principal or other agent of the Investor, Investor or the Company, or any Company Subsidiary shall have any liability for any obligations of the Investor or the Company, as applicable, under this Agreement or for any claim based on, in respect of, or by reason of, the respective obligations of the Investor or the Company, as applicable, under this Agreement. Each Subject to Section 10.2, each party hereby waives and releases all such liability. This waiver and release is a material inducement to each party’s entry into this Agreement.
Appears in 1 contract
Samples: Securities Purchase Agreement (Synchronoss Technologies Inc)
No Personal Liability of Directors, Officers, Owners, Etc. (a) No past, present, or future director, officer, employee, incorporator, stockholdershareholder, managing member, member, general partner, limited partner, principal or other agent of any of the Investor, Purchasers or the Company, or any Company Subsidiary shall have any liability for any obligations of the Investor Purchasers or the Company, as applicable, under this Agreement or for any claim based on, in respect of, or by reason of, the respective obligations of the Investor Purchasers or the Company, as applicable, under this Agreement. Each party hereby waives and releases all such liability. This waiver and release is a material inducement to each party’s entry into this Agreement.
Appears in 1 contract
No Personal Liability of Directors, Officers, Owners, Etc. (a) No past, present, or future director, officer, employee, incorporator, stockholdershareholder, managing member, member, general partner, limited partner, principal or other agent of any of the Investor, Purchasers or the Company, or any Company Subsidiary shall have any liability for any obligations of the Investor Purchasers or the Company, as applicable, under this Agreement or for any claim based on, in respect of, or by reason of, the respective obligations of the Investor Purchasers or the Company, as applicable, under this Agreement. Each party hereby waives and releases all such liability. This waiver and release is a material inducement to each party’s 's entry into this Agreement.
Appears in 1 contract
Samples: Securities Purchase Agreement (Hudson Bay Capital Management LP)