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

No Personal Liability of Directors, Officers. Employees ------------------------------------------------------- and Stockholders. ---------------- No director, officer, employee, incorporator or stockholder of the Company, as such, shall have any liability for any obligations of the Company under the Securities or this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation, solely by reason of its status as a director, officer, employee, incorporator or stockholder of the Company. By accepting a Security, each Holder waives and releases all such liability (but only such liability). The waiver and release are part of the consideration for issuance of the Securities.

Appears in 3 contracts

Samples: Qwest Communications International Inc, Qwest Communications International Inc, Qwest Communications International Inc

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No Personal Liability of Directors, Officers. Employees ------------------------------------------------------- and ----------------------------------------------------------- Stockholders. ---------------- ------------ No past, present or future director, officer, manager, member, employee, incorporator incorporator, stockholder or stockholder equity holder of the Company, Parent or any Guarantor, as such, shall have any liability for any obligations of the Company or such Guarantor under the Securities or Notes, the Subsidiary Guarantees, this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation, solely . Each Holder by reason of its status as a director, officer, employee, incorporator or stockholder of the Company. By accepting a Security, each Holder Note waives and releases all such liability (but only such liability). The waiver and release are part of the consideration for issuance of the SecuritiesNotes.

Appears in 2 contracts

Samples: Dominos Inc, Dominos Pizza Government Services Division Inc

No Personal Liability of Directors, Officers. Employees ------------------------------------------------------- and Stockholders. ---------------- -------------------------- No director, officer, employee, incorporator or stockholder of the Company, as such, shall have any liability for any obligations of the Company under the Securities or this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation, solely by reason of its status as a director, officer, employee, incorporator or stockholder of the Company. By accepting a Security, each Holder waives and releases all such liability (but only such liability). The waiver and release are part of the consideration for issuance of the Securities.

Appears in 1 contract

Samples: Qwest Communications International Inc

No Personal Liability of Directors, Officers. Employees ------------------------------------------------------- and Stockholders. ---------------- No director, officer, employee, incorporator or stockholder -------------------------- None of the Company's directors, officers, employees, incorporators or stockholders, or directors, officers or employees of the Company's Subsidiaries, as such, shall have any liability for any obligations of the Company Company's obligations under the Securities or Securities, this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation, solely . Each Holder of Securities by reason of its status as a director, officer, employee, incorporator or stockholder of the Company. By accepting a Security, each Holder Security waives and releases all such liability (but only such liability). The waiver and release are part of the consideration for issuance of the Securities.

Appears in 1 contract

Samples: Indenture (Mission Energy Holding Co)

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No Personal Liability of Directors, Officers. Employees Employees, ------------------------------------------------------- and Stockholders. Stockholders ---------------- No director, officer, employee, incorporator or stockholder or Affiliates, past, present and future of the Company, as such, shall Company or any Guarantor will have any liability under the Notes or this Indenture or for any obligations of the Company under the Securities 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, such obligations Obligations or their creation, solely . Each Holder by reason of its status as a director, officer, employee, incorporator or stockholder of the Company. By accepting a Security, each Holder Note waives and releases all such liability (but only such liability). The waiver and release are part of the consideration for issuance of the SecuritiesNotes and the Note Guarantees.

Appears in 1 contract

Samples: Indenture (Us Oncology Inc)

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