Common use of Nonliability of Officers Clause in Contracts

Nonliability of Officers. NO TRUSTEE, OFFICER, SHAREHOLDER, EMPLOYEE OR AGENT OF SELLER OR OF PURCHASERS SHALL BE HELD TO ANY PERSONAL LIABILITY, JOINTLY OR SEVERALLY, FOR ANY OBLIGATION OF, OR CLAIM AGAINST, SELLER OR PURCHASERS. ALL PERSONS DEALING WITH SELLER OR PURCHASERS, IN ANY WAY, SHALL LOOK ONLY TO THE ASSETS OF SELLER OR PURCHASERS, AS APPLICABLE, FOR THE PAYMENT OF ANY SUM OR THE PERFORMANCE OF ANY OBLIGATION.

Nonliability of Officers. NO TRUSTEE, OFFICER, SHAREHOLDER, EMPLOYEE OR AGENT OF SELLER OR OF PURCHASERS PURCHASER SHALL BE HELD TO ANY PERSONAL LIABILITY, JOINTLY OR SEVERALLY, FOR ANY OBLIGATION OF, OR CLAIM AGAINST, SELLER OR PURCHASERSPURCHASER. ALL PERSONS DEALING WITH SELLER OR PURCHASERSPURCHASER, IN ANY WAY, SHALL LOOK ONLY TO THE ASSETS OF SELLER OR PURCHASERSPURCHASER, AS APPLICABLE, FOR THE PAYMENT OF ANY SUM OR THE PERFORMANCE OF ANY OBLIGATION.