Common use of No Personal Liability of Incorporators, Shareholders, Officers, Directors or Employees Clause in Contracts

No Personal Liability of Incorporators, Shareholders, Officers, Directors or Employees. No recourse for the payment of the principal of, premium, if any, or interest on any of the Notes, or for any claim based thereon or otherwise in respect thereof, and no recourse under or upon any obligation, covenant or agreement of the Company or any Subsidiary Guarantor in this Indenture or in any of the Notes or because of the creation of any Indebtedness represented thereby, shall be had against any incorporator, shareholder, officer, director, employee or controlling person of the Company, any Subsidiary Guarantor or any successor Person thereof. Each Holder, by accepting such Notes waives and releases all such liability.

No Personal Liability of Incorporators, Shareholders, Officers, Directors or Employees. No recourse for the payment of the principal of, premium, if any, or interest on any of the Notes, or for any claim based thereon or otherwise in respect thereof, and no recourse under or upon any obligation, covenant or agreement of the Company or any Subsidiary Guarantor in this Indenture herein or in any of the Notes or because of the creation of any Indebtedness represented thereby, shall be had against any incorporator, shareholder, officer, director, employee or controlling person of the Company, any Subsidiary Guarantor or any successor Person thereof. Each Holder, by accepting such Notes waives and releases all such liability.

No Personal Liability of Incorporators, Shareholders, Officers, Directors or Employees. No recourse for the payment of the principal of, premium, if any, or interest on on, any of the NotesSecurities, or for any claim based thereon or otherwise in respect thereof, and no recourse under or upon any obligation, covenant or agreement of the Company or any Subsidiary Guarantor in this Indenture Indenture, or in any of the Notes Securities, or because of the creation of any Indebtedness Debt represented thereby, shall be had against any incorporator, shareholder, officer, director, employee employee, or controlling person of the Company, any Subsidiary Guarantor Company or of any successor Person thereof and any Affiliates thereof. Each Holder, Holder or Securities by accepting such Notes acceptance of a Security waives and releases all such liability.