Common use of NO PERSONAL LIABILITY OF DIRECTORS Clause in Contracts

NO PERSONAL LIABILITY OF DIRECTORS. OFFICERS, EMPLOYEES, INCORPORATORS AND STOCKHOLDERS. No director, officer, employee, incorporator, stockholder or other Affiliate of the Company or any Guarantor, as such, shall have any liability for any obligations of the Company or other Affiliate under the Securities, the Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder by accepting a Security waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities.

NO PERSONAL LIABILITY OF DIRECTORS. OFFICERS, EMPLOYEES, INCORPORATORS AND STOCKHOLDERS. No past, present or future director, officer, employee, incorporator, incorporator or stockholder or other Affiliate of the Company or any GuarantorCompany, as such, shall will have any liability for any obligations of the Company under this Indenture or other Affiliate under the Securities, the Indenture Notes or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each By accepting any Note, each Holder by accepting a Security waives and releases all such liability. The Such waiver and release are part of the consideration for the issuance of the SecuritiesNotes.

NO PERSONAL LIABILITY OF DIRECTORS. OFFICERS, EMPLOYEES, INCORPORATORS EMPLOYEES AND STOCKHOLDERS. SHAREHOLDERS No director, officer, employee, incorporator, stockholder incorporator or other Affiliate shareholder of the Company or any GuarantorCompany, as such, shall have any liability for any obligations of the Company or other Affiliate under the Securities, the Indenture 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 Security Securities waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities.

NO PERSONAL LIABILITY OF DIRECTORS. OFFICERS, EMPLOYEES, INCORPORATORS EMPLOYEES AND STOCKHOLDERS. No past, present or future director, officer, employee, incorporator, incorporator or stockholder or other Affiliate of the Company or any Subsidiary Guarantor, as such, shall have any liability for any obligations of the Company or other Affiliate the Subsidiary Guarantors under the SecuritiesSecurities of any series, the Indenture any guarantee of securities or for any claim claims based on, in respect of, or by reason of, such obligations or their creation. Each Holder by accepting a Security waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities.

NO PERSONAL LIABILITY OF DIRECTORS. OFFICERS, EMPLOYEES, INCORPORATORS AND EMPLOYEES OR STOCKHOLDERS. No past, present or future director, officer, employee, incorporator, incorporator or stockholder or other Affiliate of the Company or any GuarantorCompany, as such, shall have any liability for any obligations of the Company or other Affiliate under the Securities, the 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 Security waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities.

NO PERSONAL LIABILITY OF DIRECTORS. OFFICERSOfficers, EMPLOYEESEmployees, INCORPORATORS AND STOCKHOLDERSIncorporator and Stockholders. No director, officer, employee, incorporator, incorporator or stockholder or other Affiliate of the Company or of any Guarantor, as such, shall have any liability for any obligations of the Company or other Affiliate of any Guarantor under the Securities, the Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of the Securities by accepting a Security waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities.

NO PERSONAL LIABILITY OF DIRECTORS. OFFICERS, EMPLOYEES, INCORPORATORS EMPLOYEES AND STOCKHOLDERS. No past, present or future director, officer, employee, incorporator, incorporator or stockholder or other Affiliate of the Company or any GuarantorCompany, as such, shall have any liability for any obligations of the Company or other Affiliate under the Securities, the this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Securities by accepting a Security waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the Securities.

NO PERSONAL LIABILITY OF DIRECTORS. OFFICERS, EMPLOYEES, INCORPORATORS AND STOCKHOLDERS. No past, present or future director, officer, employee, incorporator, incorporator or stockholder or other Affiliate of the Company or any GuarantorCompany, as such, shall have any liability for any obligations of the Company or other Affiliate under the Securities, the Notes or this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creationobligations. Each Holder by accepting a Security Note waives and releases all such liability. The Such waiver and release are form a part of the consideration for the issuance of the SecuritiesNotes.