NO PERSONAL OBLIGATION Sample Clauses

NO PERSONAL OBLIGATION. 29. Lessee agrees to look solely to any equity interest of Lessor in and to the Premises for satisfaction of any liability Lessor may have to Lessee under this Lease and not to any other assets of Lessor or the personal assets of any constituent general or limited partner, shareholder, director, officer, employee or member of Lessor or of any general or limited partnership, corporation, limited liability company or other entity of which Lessor is formed. NON-DISCRIMINATION AND NON-SEGREGATION COVENANT
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NO PERSONAL OBLIGATION. 22. The obligations of Lessor (which shall hereinafter include its Principals) under this Lease do not constitute personal obligations of Lessor. Lessee shall look solely to Real Estate that is the subject of the Lease and to no other assets of Lessor for satisfaction of any liability with respect to this Lease and will not seek recourse against the Lessor herein nor against any or all of Lessors personal assets for such satisfaction. Revision 2 (9/1/99) HEADINGS:
Sample 1
NO PERSONAL OBLIGATION. No obligation, debt, or liability set forth in this Sublease Agreement is a personal obligation of any member, trustee, partner, director, officer, or shareholder of any Party, or any direct or indirect constituent entity of any Party or any Party’s affiliates or agents. No Party shall seek recourse against any of the foregoing or any of their personal assets for satisfaction of any liability with respect to this Sublease Agreement or otherwise.
Sample 1
NO PERSONAL OBLIGATION. The Limited Partners and the Managing Limited Partner shall have no personal obligation for the debts and liabilities of the Partnership, except as provided in this Agreement and in .
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NO PERSONAL OBLIGATION. Unless a Member so obligates itself pursuant to Section 3.8(c), a Member shall have no personal liability for the failure to make an additional Capital Contribution and the failure of a Member to make an additional Capital Contribution shall not constitute a breach or default of this Agreement.
Sample 1

Related to NO PERSONAL OBLIGATION

  • Additional Obligations The Company will use its best efforts to (a) register and qualify the Registrable Securities covered by a Registration Statement under such other securities or blue sky laws of such jurisdictions as each Investor who holds (or has the right to hold) Registrable Securities being offered reasonably requests, (b) prepare and file in those jurisdictions any amendments (including post-effective amendments) and supplements to such registrations and qualifications as may be necessary to maintain their effectiveness during the Registration Period, (c) take any other actions necessary to maintain such registrations and qualifications in effect at all times during the Registration Period, and (d) take any other actions reasonably necessary or advisable to qualify the Registrable Securities for sale in such jurisdictions. Notwithstanding the foregoing, the Company is not required, in connection such obligations, to (i) qualify to do business in any jurisdiction where it would not otherwise be required to qualify but for this Section 3.4, (ii) subject itself to general taxation in any such jurisdiction, (iii) file a general consent to service of process in any such jurisdiction, (iv) provide any undertakings that cause material expense or burden to the Company, or (v) make any change in its charter or bylaws, which in each case the Board of Directors of the Company determines to be contrary to the best interests of the Company and its stockholders.

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