Non-liability of Representatives of Seller Clause Samples
The Non-liability of Representatives of Seller clause establishes that individuals acting on behalf of the seller, such as directors, officers, employees, or agents, are not personally responsible for obligations or liabilities arising from the agreement. In practice, this means that if a dispute or claim arises under the contract, only the seller entity itself can be held accountable, not its representatives. This clause serves to protect individuals associated with the seller from personal legal exposure, ensuring that contractual risks and liabilities remain with the corporate entity rather than its personnel.
Non-liability of Representatives of Seller. No trustee, officer, shareholder, employee or agent of the Seller shall be held to any personal liability, jointly or severally, for any obligation of, or claim against, the Seller. Purchaser shall look only to the assets of the Seller for the payment of any sum or the performance of any obligation hereunder.