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

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Stockholders or Incorporators. ----------------------------- No manager, director, officer, employee, member, shareholder, partner or incorporator of either Issuer or any Subsidiary, as such, shall have any liability for any obligations of the Issuers under the Notes, this Indenture 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. Such waiver and release are part of the consideration for the issuance of the Notes.

Appears in 2 contracts

Samples: Indenture (Mediacom LLC), Mediacom LLC

AutoNDA by SimpleDocs

No Personal Liability of Directors, Officers. EmployeesEmployees and ----------------------------------------------------------- Stockholders. ------------ No past, -------------------------------------------------------- Stockholders present or Incorporators. ----------------------------- No manager, future director, officer, employee, member, shareholder, partner incorporator or incorporator stockholder of either Issuer or any Subsidiarythe Company, as such, shall have any liability for any obligations of the Issuers Company under the Notes, this Indenture 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. Such The waiver and release are part of the consideration for the issuance of the Notes.

Appears in 1 contract

Samples: Sba Communications Corp

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Incorporator and Stockholders or Incorporators. ----------------------------- ---------------------------------------- No manager, director, officer, employee, member, shareholder, partner incorporator or incorporator stockholder of either Issuer the Company or any Subsidiaryof its Subsidiaries, as such, shall have any liability for any obligations of the Issuers Company or any of its Subsidiaries under the Notes, Notes or this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. Such The waiver and release are part of the consideration for the issuance of the Notes.

Appears in 1 contract

Samples: Indenture (Westinghouse Air Brake Technologies Corp)

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Stockholders or Incorporators. ----------------------------- No manager, director, officer, employee, member, shareholder, partner incorporator or incorporator of either Issuer or any Subsidiarystockholders, as such, of the Company or any Guarantor of the Notes shall have any liability for any obligations of the Issuers Company or such Guarantor under the Notes, this Indenture or any Guarantee of the Notes or for any claim based on, in respect of, or by reason of, such obligations or their creationcreations. Each Holder by accepting a Note waives and releases all such liability. Such waiver and release are part of the consideration for the issuance of the Notes.

Appears in 1 contract

Samples: Paragon Health Network Inc

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Stockholders or IncorporatorsEmployees and ----------------------------------------------------------- Stockholders. ----------------------------- ------------ No manager, director, officer, employee, member, shareholder, partner incorporator or incorporator stockholder of either Issuer the Company or any SubsidiaryGuarantor, as such, shall have any liability for any obligations of the Issuers Company or the Guarantors under the Notes, this Indenture Indenture, the Guarantees or for any claim based on, in respect of, or by reason of, such obligations Obligations or their creation. Each Holder by accepting a Note waives and releases all such liability. Such The waiver and release are part of the consideration for the issuance of the Notes.

Appears in 1 contract

Samples: Harperprints Inc

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Stockholders or Incorporators. ----------------------------- No manager, director, officer, employee, member, shareholder, partner incorporator or incorporator of either Issuer or any Subsidiarystockholders, as such, of Holdings shall have any liability for any obligations of the Issuers Holdings under the Discount Notes, this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creationcreations. Each Holder by accepting a Discount Note waives and releases all such liability. Such waiver and release are part of the consideration for the issuance of the Discount Notes.

Appears in 1 contract

Samples: Details Capital Corp

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Stockholders or IncorporatorsEmployees -------------------------------------------------------------- and Stockholders. ----------------------------- ---------------- No manager, director, officer, employee, member, shareholder, partner incorporator or incorporator stockholder of either Issuer Parent or of any Restricted Subsidiary, as such, shall have any liability for any obligations of the Issuers Company or the Guarantors under the Notes, this Indenture Indenture, the Note Guarantees, the Security Documents or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. Such waiver and release are part of the consideration for the issuance of the Notes.

Appears in 1 contract

Samples: Indenture (Crown Holdings Inc)

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Stockholders or IncorporatorsIncorporators and Stockholders. ----------------------------- No manager, director, officer, employee, member, shareholder, partner incorporator or incorporator of either Issuer or any Subsidiary------------------------------ stockholder, as such, of the Company, the Issuers, any Note Guarantor or any Subsidiary of any thereof shall have any liability for any obligations obligation of the Company, the Issuers or any Note Guarantor under the NotesIndenture, this Indenture the Notes or any Note Guarantee, or for any claim based on, in respect of, or by reason of, any such obligations obligation or their its creation. Each Holder Noteholder, by accepting a Note the Notes, waives and releases all such liability. Such The waiver and release are part of the consideration for the issuance of the Notes.

Appears in 1 contract

Samples: Jafra Cosmetics International Sa De Cv

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Stockholders or Incorporators. ----------------------------- No manager, director, officer, employee, member, shareholder, partner incorporator or incorporator of either Issuer or any Subsidiarystockholders, as such, of the Company or any Subsidiary Guarantor of the Notes shall have any liability for any obligations of the Issuers Company or such Subsidiary Guarantor under the Notes, this Indenture or any Guarantee of the Notes or for any claim based on, in respect of, or by reason of, such obligations or their creationcreations. Each Holder by accepting a Note waives and releases all such liability. Such waiver and release are part of the consideration for the issuance of the Notes.

Appears in 1 contract

Samples: Details Inc

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Stockholders or IncorporatorsEmployees and ----------------------------------------------------------- Stockholders. ----------------------------- ------------- No manager, director, officer, employee, member, shareholder, partner incorporator or incorporator stockholder of either Issuer the Company or any Subsidiary, as such, Guarantor shall have any liability for any obligations of the Issuers Company or the Guarantors under the Notes, the Guarantees, if any, or this Indenture or for any a claim based on, in respect of, or by reason of, of such obligations or their creation. Each Holder of the Notes by accepting a Note waives and releases all such liability. Such The waiver and release are part of the consideration for the issuance of the Notes.

Appears in 1 contract

Samples: Indenture (Glasstech Inc)

AutoNDA by SimpleDocs

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Stockholders or IncorporatorsEmployees and ----------------------------------------------------------- Stockholders. ----------------------------- ------------ No manager, director, officer, employee, member, shareholder, partner incorporator or incorporator stockholder of either Issuer the Company or any Subsidiary, as such, shall will have any liability for any obligations of the Issuers Company or any Subsidiary Guarantor under the Notes, 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 Notes by accepting a Note waives and releases all such liability. Such The waiver and release are part of the consideration for the issuance of the Notes.

Appears in 1 contract

Samples: Registration Rights Agreement (Sierra Pacific Resources /Nv/)

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Stockholders or Incorporators. ----------------------------- No manager, director, officer, employee, member, shareholder, partner incorporator or incorporator of either Issuer or any Subsidiarystockholder, as such, of the Company or any Guarantor shall have any liability for any obligations of the Issuers Company or such Guarantor under the Notes, this Indenture or any Guarantee or for any claim based on, in respect of, or by reason of, such obligations or their creationcreations. Each Holder by accepting a Note waives and releases all such liability. Such waiver and release are part of the consideration for the issuance of the Notes.

Appears in 1 contract

Samples: Scovill Holdings Inc

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Stockholders or IncorporatorsEmployees and --------------------------------------------------------------- Stockholders. ----------------------------- ------------ No manager, director, officer, employee, member, shareholder, partner incorporator or incorporator stockholder of either Issuer Parent or of any Restricted Subsidiary, as such, shall have any liability for any obligations of the Issuers Company or the Guarantors under the Notes, this Indenture Indenture, the Note Guarantees, the Security Documents or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. Such waiver and release are part of the consideration for the issuance of the Notes.

Appears in 1 contract

Samples: Indenture (Crown Holdings Inc)

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Stockholders or IncorporatorsIncorporators and Stockholders. ----------------------------- No manager, director, officer, employee, member, shareholder, partner incorporator or incorporator of either Issuer or any Subsidiary------------------------------ stockholder, as such, of the Company or any Subsidiary Guarantor shall have any liability for any obligations obligation of the Issuers Company, or any Subsidiary Guarantor under this Indenture, the NotesNotes or any Subsidiary Guarantee, this Indenture or for any claim based on, in respect of, or by reason of, any such obligations obligation or their its creation. Each Holder Noteholder, by accepting a Note the Notes, waives and releases all such liability. Such The waiver and release are part of the consideration for the issuance of the Notes.

Appears in 1 contract

Samples: Avalon Rehabilitation & Healthcare LLC

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Stockholders Member, ---------------------------------------------------------------- Partner, Incorporator and Stockholders. --------------------------------------- No past, present or Incorporators. ----------------------------- No manager, future director, officer, employee, member, shareholderpartner, partner incorporator or incorporator stockholder of either Issuer the Company or any Subsidiaryof its Subsidiaries, as such, shall have any liability for any obligations of the Issuers Company under the Notes, the Guarantees, this Indenture Indenture, the Registration Rights Agreement or the Collateral Documents 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. Such The waiver and release are part of the consideration for the issuance of the Notes.. -109-

Appears in 1 contract

Samples: Defaults and Remedies (New Pier Operating Co Inc)

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- ------------------------------------------------------- Stockholders or Incorporators. ----------------------------- No manager, director, officer, employee, member, shareholder, partner incorporator or incorporator ----------------------------- stockholder of either Issuer or any Subsidiary, as such, the Company shall have any liability for any obligations of the Issuers Company under the Notes, 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 Notes by accepting a Note waives and releases all such liability. Such The waiver and release are part of the consideration for the issuance of the Notes.

Appears in 1 contract

Samples: Cybernet Internet Services International Inc

Time is Money Join Law Insider Premium to draft better contracts faster.