Non-Recourse Obligation. No recourse shall be had for the payment of the principal or interest of this Debenture, or for any claim based hereon, or otherwise in respect hereof, against any incorporator, shareholder, officer or director, as such, past, present or future, of the Company or any successor corporation, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise, all such liability being by the acceptance hereof and as part of the consideration for the issue hereof, expressly waived and released.
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Samples: Alliance Media Group Holdings, Inc., Alliance Media Group Holdings, Inc., Alliance Media Group Holdings, Inc.
Non-Recourse Obligation. No recourse shall be had for the payment of the principal or interest of this DebentureNote, or for any claim based hereon, or otherwise in respect hereof, against any incorporatormember, shareholdermanager, officer or director, as such, past, present or future, of the Company or any successor corporation, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise, all such liability being by the acceptance hereof and as part of the consideration for the issue hereof, expressly waived and released.. This Note is subject to the following additional Conditions and Requirements:
Appears in 1 contract
Samples: Driven Deliveries, Inc.
Non-Recourse Obligation. No recourse shall be had for the payment of the principal or interest of this DebentureNote, or for any claim based hereon, or otherwise in respect hereof, against any incorporatormember, shareholdermanager, officer or director, as such, past, present or future, of the Company or any successor corporation, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise, all such liability being by the acceptance hereof and as part of the consideration for the issue hereof, expressly waived and released.
Appears in 1 contract
Samples: Driven Deliveries, Inc.
Non-Recourse Obligation. No recourse shall be had for the payment of the principal or interest of this Debenture, or for any claim based hereon, or otherwise in respect hereof, against any incorporatormember, shareholdermanager, officer or director, as such, past, present or future, of the Company or any successor corporation, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise, all such liability being by the acceptance hereof and as part of the consideration for the issue hereof, expressly waived and released.
Appears in 1 contract
Samples: Driven Deliveries, Inc.