Common use of No Personal Liability of Directors, Officers 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 Debtor as such or any successor Person, as such, shall have any liability for any obligations of the Debtor under the Notes, the Collateral Documents, this Agreement or for any claim based on, in respect of, or by reason of, such obligations or their creation.

Appears in 4 contracts

Samples: Security Agreement (HWCC Shreveport Inc), Security Agreement (HCS Ii Inc), Security Agreement (HWCC Shreveport 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 Debtor as such or any successor Person, as such, shall have any liability for any obligations of the Debtor under the New Notes, the Collateral Documents, this Agreement or for any claim based on, in respect of, or by reason of, such obligations or their creation.

Appears in 2 contracts

Samples: Security Agreement (Shreveport Capital Corp), Security Agreement (Shreveport Capital Corp)

No Personal Liability of Directors, Officers. Employees and ----------------------------------------------------------- Stockholders. No past, present or future director, officer, employee, ------------ incorporator or stockholder of the Debtor Mortgagor as such such, or the Holder of any of the Notes, or any successor Person, as such, shall have any liability for any obligations of the Debtor Mortgagor under the Notes, the Collateral Documents, this Agreement Mortgage or for any claim based on, in respect of, or by reason of, such obligations or their creation.

Appears in 1 contract

Samples: First Preferred Ship Mortgage (HWCC Shreveport Inc)

No Personal Liability of Directors, Officers. Employees and ----------------------------------------------------------- StockholdersStockholders ------------ . No past, present or future director, officer, employee, ------------ incorporator or stockholder of the Debtor as such or any successor Person, as such, shall have any liability for any obligations of the Debtor under the Notes, the Collateral Documents, this Agreement or for any claim based on, in respect of, or by reason of, such obligations or their creation.

Appears in 1 contract

Samples: Intercompany Security Agreement (HWCC Shreveport Inc)

No Personal Liability of Directors, Officers. Employees and ----------------------------------------------------------- Stockholders. ------------ No past, present or future director, officer, employee, ------------ incorporator or stockholder of the Debtor Mortgagor as such such, or the Holder of any of the Senior Secured Notes, or any successor Person, as such, shall have any liability for any obligations of the Debtor Mortgagor under the Notes, the Collateral Documents, this Agreement Mortgage or for any claim based on, in respect of, or by reason of, such obligations or their creation.

Appears in 1 contract

Samples: First Preferred Fleet Mortgage (HWCC Shreveport 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 Debtor as such or any successor Person, as such, shall have any liability for any obligations of the Debtor under the Notes, the Collateral Documents, this Agreement or for any claim based on, in respect of, or by reason of, such obligations or their creation.

Appears in 1 contract

Samples: Security Agreement (HWCC Shreveport Inc)

No Personal Liability of Directors, Officers. Employees and ----------------------------------------------------------- Stockholders. No past, present or future director, officer, employee, ------------ incorporator or stockholder of the Debtor Grantor as such or any successor Person, as such, shall have any liability for any obligations of the Debtor Grantor under the Notes, the Collateral Documents, this Agreement Deed of Trust or for any claim based on, in respect of, or by reason of, such obligations or their creation.

Appears in 1 contract

Samples: Second Leasehold Deed of Trust, Security Agreement, Assignment of Leases and Rents, Fixture Filing, and Financing Statement (HWCC Shreveport Inc)

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