Common use of No Recourse; Special Obligation Clause in Contracts

No Recourse; Special Obligation. (a) The obligations and agreements of the Agency contained herein and any other instrument or document executed in connection therewith or herewith, and any other instrument or document supplemental thereto or hereto, shall be deemed the obligations and agreements of the Agency, and not of any member, officer, director, agent (other than Oneida) or employee of the Agency in his individual capacity, and the members, officers, directors, agents (other than Oneida) and employees of the Agency shall not be liable personally hereon or thereon or be subject to any personal liability or accountability based upon or in respect hereof or thereof or of any transaction contemplated hereby or thereby.

Appears in 2 contracts

Samples: Oneida LTD, Oneida LTD

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No Recourse; Special Obligation. (a) The obligations and agreements of the Agency contained herein and any other instrument or document executed in connection therewith or herewith, and any other instrument or document supplemental thereto or hereto, shall be deemed the obligations and agreements of the Agency, and not of any member, officer, director, agent (other than OneidaBMC) or employee of the Agency in his individual capacity, and the members, officers, directors, agents (other than OneidaBMC) and employees of the Agency shall not be liable personally hereon or thereon or be subject to any personal liability or accountability based upon or in respect hereof or thereof or of any transaction contemplated hereby or thereby.

Appears in 1 contract

Samples: And Security Agreement (BMC Industries Inc/Mn/)

No Recourse; Special Obligation. (a) The obligations and agreements of the Agency contained herein and any other instrument or document executed in connection therewith or herewith, and any other instrument or document supplemental thereto or hereto, shall be deemed the obligations and agreements of the Agency, and not of any memberdirector, officer, directoremployee, member, agent (other than Oneida) the Company), or employee representative of the the_ Agency in iri his individual capacity, and the membersdirectors, officers, directorsemployees, members, agents (other than Oneidathe Company) and employees or representatives of the Agency shall not be liable personally hereon or thereon or be subject to any personal liability or accountability based upon or in respect hereof or thereof or of any transaction contemplated hereby or thereby.

Appears in 1 contract

Samples: Lieu of Taxation Agreement

No Recourse; Special Obligation. (a) The obligations and agreements of the Agency contained herein and any other instrument or document executed in connection therewith or herewith, and any other instrument or document supplemental thereto or hereto, shall be deemed the obligations and agreements of the Agency, and not of any memberdirector, officer, directoremployee, member, agent (other than Oneidathe Company) or employee representative of the Agency in ip his individual capacity, and the membersdirectors, officers, directorsemployees, members, agents (other than Oneidathe Company) and employees or representatives of the Agency shall not be liable personally hereon or thereon or be subject to any personal liability or accountability based upon or in respect hereof or thereof or of any transaction contemplated hereby or thereby.

Appears in 1 contract

Samples: www.sullivanida.com

No Recourse; Special Obligation. (a) ·The obligations and agreements of the Agency contained herein and any other instrument or document executed in connection therewith or herewith, and any other instrument or document supplemental thereto or hereto, shall be deemed the obligations and agreements of the Agency, and not of any memberdirector, officer, directoremployee, member, agent (other than Oneida) the Company), or employee representative of the Agency in his individual capacity, and the membersdirectors, officers, directorsemployees, members, agents (other than Oneidathe Company) and employees or representatives of the Agency shall not be liable personally hereon or thereon .thereon or be subject to any personal liability or accountability based upon or in respect hereof or thereof or of any transaction contemplated hereby or thereby.

Appears in 1 contract

Samples: Oftaxation Agreement

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No Recourse; Special Obligation. (a) The obligations and agreements of the Agency contained herein and any other instrument or document executed in connection therewith or herewith, and any other instrument or document supplemental thereto hereto or heretothereto, shall be deemed the obligations and agreements of the Agency, and not of any member, officer, director, agent (other than Oneidathe Company) or employee of the Agency in his his/her individual capacity, and the members, officers, directors, agents (other than Oneidathe Company) and employees of the Agency shall not be liable personally hereon or thereon or be subject to any personal liability or accountability based upon or in respect hereof or thereof or of any transaction contemplated hereby or thereby.

Appears in 1 contract

Samples: Agreement

No Recourse; Special Obligation. (a) The obligations and agreements of the Agency contained herein and any other instrument or document executed in connection therewith or herewith, and any other instrument or document supplemental thereto or hereto, shall be deemed the obligations and agreements of the Agency, and not of any memberdirector, officer, directoremployee, member, agent (other than Oneidathe Company) or employee representative of the Agency in his individual capacity, and the membersdirectors, officers, directorsemployees, members, agents ({other than Oneidathe Company) and employees or representatives of the Agency shall not be liable personally hereon or thereon or be subject to any personal liability or accountability based upon or in respect hereof or thereof or of any transaction contemplated hereby or thereby.

Appears in 1 contract

Samples: Of Taxation Agreement

No Recourse; Special Obligation. (a) The obligations and agreements of the Agency contained herein and any other instrument or document executed in connection therewith or herewith, and any other instrument or document supplemental thereto or hereto, shall be deemed the obligations and agreements of the Agency, and not of any memberdirector, officer, directoremployee, member, agent (other than Oneidathe Company) or employee representative of the Agency in his individual capacity, and the membersdirectors, officers, directorsemployees, members, agents (other than Oneidathe Company) and employees or representatives of the Agency shall not be liable be· 1iable personally hereon or thereon or be subject to any personal liability or accountability based upon or in respect hereof or thereof or of any transaction contemplated hereby or thereby.

Appears in 1 contract

Samples: Lieu of Taxation Agreement

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