Common use of Nonrecourse Clause in Contracts

Nonrecourse. Notwithstanding anything in this Agreement to the contrary, in any action brought by reason of this Agreement or the transactions contemplated hereby, no judgment shall be sought or obtained against any of the general or limited partners of Seller or enforced against any of such partners or any of their assets.

Appears in 6 contracts

Samples: Asset Purchase Agreement (American Cable Tv Investors 5 LTD), Asset Purchase Agreement (Mediacom LLC), Asset Purchase Agreement (American Cable Tv Investors 5 LTD)

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Nonrecourse. Notwithstanding anything in this Agreement to the contrary, in any action brought by reason subject only to the proviso of this Agreement or the transactions contemplated herebySection 12.3, no judgment shall be sought or obtained against any of the general or limited partners of Seller or enforced against any of such partners or any of their assetsassets in any action brought by reason of this Agreement or the transactions contemplated hereby.

Appears in 2 contracts

Samples: Escrow Agreement (American Cable Tv Investors 5 LTD), Asset Purchase Agreement (American Cable Tv Investors 5 LTD)

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