No Personal Obligations. Notwithstanding anything to the contrary contained herein or in any Financing Document, it is expressly understood and the Purchasers expressly agree that nothing contained herein or in any other Financing Document or in any other document contemplated hereby or thereby (whether from a covenant, representation, warranty or other provision herein or therein) shall create, or be construed as creating, any personal liability of any stockholder, director, officer, member, partner, manager or employee of the Company and its Subsidiaries (excluding any such Person which is a Guarantor or other express obligor on the Notes) in such Person’s capacity as such, with respect to (a) any payment obligation of the Company or any of their Subsidiaries, (b) any obligation of the Company or any of its Subsidiaries to perform any covenant, undertaking, indemnification or agreement, either express or implied, contained herein or in any other Financing Document, (c) any representation or warranty contained herein or any other Financing Document, (d) any other claim or liability to the Purchasers under or arising under this Agreement or any other Financing Document or in any other document contemplated hereby or thereby, or (e) any credit extended or loan made; provided that nothing herein shall be deemed to be a waiver of claims arising from fraud.
No Personal Obligations. Liability Limited to Building .............30 16.2
No Personal Obligations. Notwithstanding anything to the contrary contained herein or in any Financing Document, it is expressly understood and the Purchaser expressly agrees that nothing contained herein or in any other Financing Document or in any other document contemplated hereby or thereby (whether from a covenant, representation, warranty or other provision herein or therein) shall create, or be construed as creating, any personal liability of any present or past stockholder, director, officer or employee of the Company and its Subsidiaries in such Person’s capacity as such; provided that nothing herein shall be deemed to be a waiver of claims arising from fraud.
No Personal Obligations. No stipulation, obligation or agreement contained in this Agreement will be deemed to be a stipulation, obligation or agreement of any commissioner, officer, agent, or employee of the Authority, the Developer, the District, or of any officer, agent, or employee of the City that performs services for or on behalf of the Authority, in his or her individual capacity, and no such person will be personally liable on the Bonds or with respect to the obligations created herein or be subject to personal liability or accountability by reason of the issuance of such Bonds.
No Personal Obligations. The Trust hereby represents and warrants that a copy of the Declaration of Trust of the Trust is on file with the Secretary of the State of Ohio and hereby provides notice that this Agreement is executed on behalf of the Board of Trustees of the Trust and signed by officers of the Trust, acting as such and not individually, and that the obligations of this Agreement are not binding upon any of the Trustees, officers or shareholders individually, but are binding only upon the assets and property of the Trust (or if the matter relates only to a particular Fund, that Fund), and the other parties shall look only to the assets of the Trust, or the particular Fund, for satisfaction of such obligations.
No Personal Obligations. Notwithstanding anything to the contrary contained herein or in any Transaction Document, it is expressly understood and each Purchaser expressly agrees that nothing contained herein or in any other Transaction Document or in any other document contemplated hereby or thereby (whether from a covenant, representation, warranty or other provision herein or therein) shall create, or be construed as creating, any personal liability of any stockholder, director, officer, employee, agent, partner or Affiliate of the Company and its Subsidiaries (excluding any such Person which is the Company or any Subsidiary of the Company) in such Person’s capacity as such or otherwise.
No Personal Obligations. Notwithstanding anything to the contrary contained herein or in any Loan Document, it is expressly understood and the Purchasers expressly agree that nothing contained herein or in any other Loan Document or in any other document contemplated hereby or thereby (whether from a covenant, representation, warranty or other provision herein or therein) shall create, or be construed as creating, any personal liability of any stockholder, director, officer, employee, agent, partner or Affiliate of the Company and its Subsidiaries in such Person’s capacity as such or otherwise, with respect to (a) any payment obligation of the Company, (b) any obligation of the Company to perform any covenant, undertaking, indemnification or agreement, either express or implied, contained herein or in any other Loan Document, (c) any other claim or liability to the Purchasers under or arising under this Agreement or any other Loan Document or in any other document contemplated hereby or thereby, or (d) any credit extended or loan made.
No Personal Obligations. Notwithstanding anything to the contrary contained herein or in any other Note Document, it is expressly understood and the Purchasers expressly agree that nothing contained herein or in any other Note Document or in any other document contemplated hereby or thereby (whether from a covenant, representation, warranty or other provision herein or therein) shall create, or be construed as creating, any personal liability of any stockholder, director, officer, member, partner, manager or employee of any of the Note Parties and their respective Subsidiaries in such Person’s capacity as such, with respect to (a) any payment obligation of any of the Note Parties or any of their respective Subsidiaries, (b) any obligation of the Note Parties or any of their respective Subsidiaries to perform any covenant, undertaking, indemnification or agreement, either express or implied, contained herein or in any other Note Document, (c) any representation or warranty contained herein or any other Note Document, (d) any other claim or liability to the Purchasers under or arising under this Agreement or any other Note Document or in any other document contemplated hereby or thereby, or (e) any credit extended or loan made; provided that nothing herein shall be deemed to be a waiver of claims arising from fraud. ANNEX B EXHIBIT C TO NOTE PURCHASE AGREEMENT FORM OF COMPLIANCE CERTIFICATE [See Attached] EXHIBIT C FORM OF COMPLIANCE CERTIFICATE Financial Statement Date: ______, 20__ To: WILMINGTON SAVINGS FUND SOCIETY, FSB, as Agent, and the Purchasers party to the Note Purchase Agreement (as defined below) Re: Note Purchase Agreement dated as of November 24, 2021 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “Note Purchase Agreement”) among TERRAN ORBITAL CORPORATION, a Delaware corporation and upon the effective time of the Merger, TERRAN ORBITAL OPERATING CORPORATION (the “Issuer”), the Guarantors from time to time party hereto, the Purchasers from time to time party thereto and WILMINGTON SAVINGS FUND SOCIETY, FSB, as Agent. Capitalized terms used but not otherwise defined herein have the meanings provided in the Note Purchase Agreement. Date: __________, 20__ Ladies and Gentlemen: The undersigned Responsible Officer hereby certifies as of the date hereof that [he/she] is the _______________ of the Issuer, and that, in [his/her] capacity as such, [he/she] is authorized to execute and deliver this Compliance Certificate to...
No Personal Obligations. 33 ----------------------- 11.19. Note Legend Relating to Original Issue Discount............................... 33 ----------------------------------------------- 11.20. Counterparts; Effectiveness................................................... 33 --------------------------- 11.21. Entire Agreement.............................................................. 34 ----------------
No Personal Obligations. 31 8.16 Currency.. ..........................................................................................................31
