Common use of No Personal Obligations Clause in Contracts

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.

Appears in 3 contracts

Samples: Note Purchase Agreement (Terran Orbital Corp), Note Purchase Agreement (Terran Orbital Corp), Convertible Note and Warrant Purchase Agreement (Terran Orbital Corp)

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No Personal Obligations. Notwithstanding anything to the contrary ----------------------- contained herein or in any other Note Document, it is expressly understood and the Purchasers Lender expressly agree agrees that nothing contained herein or herein, 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 thereinherein) shall create, or be construed as creating, any personal liability of any stockholdershareholder, director, officer, memberemployee, partneragent, manager partner or employee of any Affiliate of the Note Parties and their respective Subsidiaries Company or its Subsidiaries, in such Person’s its capacity as suchsuch or otherwise, with respect to (a) any payment obligation of any of the Note Parties Company or any of their respective its Subsidiaries, (b) any obligation of the Note Parties Company or any of their respective its 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 Lender under or arising under this Agreement or any other Note Document or Document, in any other document contemplated hereby or thereby, thereby or (ed) any credit extended or loan made; provided that provided, that, nothing herein shall be deemed to be a waiver of claims arising -------- ---- from fraud.

Appears in 1 contract

Samples: Senior Subordinated Loan Agreement (GTCR Golder Rauner LLC)

No Personal Obligations. Notwithstanding anything to the contrary contained herein or in any other Note Document, it is expressly understood and the GS 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 officer or employee of any of the Note Parties Issuer and their respective its Subsidiaries in such Person’s capacity as such, with respect to (a) any payment obligation of any of the Note Parties Issuer or any of their respective its Subsidiaries, (b) any obligation of the Note Parties Issuer or any of their respective its 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 GS 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.

Appears in 1 contract

Samples: Note Purchase Agreement (Hersha Hospitality Trust)

No Personal Obligations. Notwithstanding anything to the contrary contained herein or in any other Note Financing Document, it is expressly understood and the Purchasers expressly agree that nothing contained herein or in any other Note 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 any of the Note Parties Company, the Issuer and their respective Subsidiaries in such Person’s capacity as such, with respect to (a) any payment obligation of any of the Note Parties Company, the Issuer or any of their respective Subsidiaries, (b) any obligation of the Note Parties Company, the Issuer 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 Financing Document, (c) any representation or warranty contained herein or any other Note Financing Document, (d) any other claim or liability to the Purchasers under or arising under this Agreement or any other Note 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.

Appears in 1 contract

Samples: Note Purchase Agreement (Emdeon Inc.)

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.

Appears in 1 contract

Samples: Note Purchase Agreement (Terran Orbital Corp)

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No Personal Obligations. Notwithstanding anything to the contrary contained herein or in any other Note Notes Document, it is expressly understood and the Purchasers expressly agree that nothing contained herein or in any other Note Notes 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 officer or employee of any of the Note Parties Issuers and their respective Subsidiaries in such Person’s capacity as such, with respect to (a) any payment obligation of any of the Note Parties Issuers or any of their respective Subsidiaries, (b) any obligation of the Note Parties Issuers 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 Notes Document, (c) any representation or warranty contained herein or any other Note Notes Document, (d) any other claim or liability to the Purchasers under or arising under this Agreement or any other Note Notes 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.

Appears in 1 contract

Samples: Note Purchase Agreement (Option Care Health, Inc.)

No Personal Obligations. Notwithstanding anything to the contrary ----------------------- contained herein or in any other Note Document, it is expressly understood and the Purchasers each Lender expressly agree agrees that nothing contained herein or herein, 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 thereinherein) shall create, or be construed as creating, any personal liability of any stockholdershareholder, director, officer, memberemployee, partneragent, manager partner or employee of any Affiliate of the Note Parties and their respective Subsidiaries Company or its Subsidiaries, in such Person’s its capacity as suchsuch or otherwise, with respect to (a) any payment obligation of any of the Note Parties Company or any of their respective its Subsidiaries, (b) any obligation of the Note Parties Company or any of their respective its 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 Lenders under or arising under this Agreement or any other Note Document or Document, in any other document contemplated hereby or thereby, thereby or (ed) any credit extended or loan made; provided that provided, that, nothing herein shall be deemed to be a waiver of claims arising -------- ---- from fraud.

Appears in 1 contract

Samples: Senior Subordinated Loan Agreement (GTCR Golder Rauner LLC)

No Personal Obligations. Notwithstanding anything to the contrary ----------------------- contained herein or in any other Note Loan Document, it is expressly understood and the Purchasers Lender expressly agree agrees that nothing contained herein or herein, in any other Note Loan Document or in any other document contemplated hereby or thereby (whether from a covenant, representation, warranty or other provision herein or thereinherein) shall create, or be construed as creating, any personal liability of any stockholdershareholder, director, officer, memberemployee, partneragent, manager partner or employee of any Affiliate of the Note Parties and their respective Subsidiaries Borrower or its Subsidiaries, in such Person’s its capacity as suchsuch or otherwise, with respect to (ai) any payment obligation of any of the Note Parties Borrower or any of their respective its Subsidiaries, (bii) any obligation of the Note Parties Borrower or any of their respective its Subsidiaries to perform any covenant, undertaking, indemnification or agreement, either express or implied, contained herein or in any other Note Loan Document, (c) any representation or warranty contained herein or any other Note Document, (diii) any other claim or liability to the Purchasers under or Lender arising under this Agreement or any other Note Document or Loan Document, in any other document contemplated hereby or thereby, thereby or (eiv) any credit extended or loan made; provided that that, nothing herein shall be deemed to be a waiver of claims arising -------- from fraud.

Appears in 1 contract

Samples: Loan Agreement (Zefer Corp)

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