Common use of Nonrecourse Obligations Clause in Contracts

Nonrecourse Obligations. Shipper acknowledges and agrees that (a) Company is a Delaware limited liability company; (b) Shipper shall have no recourse against any member of Company with respect to Company's obligations under this agreement and its sole recourse shall be against the assets of Company, irrespective of any failure to comply with applicable law or any provision of this agreement; (c) no claim shall be made against any member of Company under or in connection with this Agreement; (d) Shipper shall have no right of subrogation to any claim of Company for any Capital Contribution from any member of Company; and (e) this representation is made expressly for the benefit of the members in Company.

Nonrecourse Obligations. Shipper acknowledges and agrees that (a) Company is a Delaware limited liability company; (b) Shipper shall have no recourse against any member of Company with respect to Company's obligations under this agreement and its sole recourse shall be against the assets of Company, irrespective of any failure to comply with applicable law or any provision of this agreementAgreement; (c) no claim shall be made against any member of Company under or in connection with this Agreement; (d) Shipper shall have no right of subrogation to any claim of Company for any Capital Contribution from any member of Company; and (e) this representation is the representations in (a) through (d) are made expressly for the benefit of the members in of Company.

Nonrecourse Obligations. Shipper acknowledges and agrees that (a) Company is a Delaware limited liability company; (b) Shipper shall have no recourse against any member of Company with respect to Company's obligations under this agreement and its sole recourse shall be against the assets of Company, irrespective of any failure to comply with applicable law or any provision of this agreementAgreement; (c) no claim shall be made against any member of Company under or in connection with this Agreement; (d) Shipper shall have no right of subrogation to any claim of Company for any Capital Contribution from any member of Company; and (e) this representation is made expressly for the benefit of the members in Company.

Nonrecourse Obligations. Shipper Xxxxxxx acknowledges and agrees that (a) Company is a Delaware limited liability company; (b) Shipper shall have no recourse against any member of Company with respect to Company's obligations under this agreement and its sole recourse shall be against the assets of Company, irrespective of any failure to comply with applicable law or any provision of this agreementAgreement; (c) no claim shall be made against any member of Company under or in connection with this Agreement; (d) Shipper shall have no right of subrogation to any claim of Company for any Capital Contribution from any member of Company; and (e) this representation is the representations in (a) through (d) are made expressly for the benefit of the members in of Company.