Common use of No Recourse Against Certain Persons Clause in Contracts

No Recourse Against Certain Persons. No past, present or future director, officer, employee or stockholder, as such, of the Guarantor or any successor thereof shall have any liability for any obligations of the Guarantor under this Agreement or for any claim based on, in respect of, or by reason of, such obligations or their creation and all such liability is hereby waived and released. Such waiver and release are part of the consideration for the issue of this Agreement.

No Recourse Against Certain Persons. No past, present or future director, officer, employee or stockholder, as such, of the Additional Guarantor or any successor thereof shall have any liability for any obligations of the Additional Guarantor under this Agreement or for any claim based on, in respect of, or by reason of, such obligations or their creation and all such liability is hereby waived and released. Such waiver and release are part of the consideration for the issue of this Agreement.