Note Issuer Obligation. No recourse may be taken, directly or indirectly, with respect to the obligations of the Note Issuer or the Indenture Trustee on the Notes or under this Indenture or any certificate or other writing delivered in connection herewith or therewith, against (i) the Indenture Trustee or the Managers in their respective individual capacities, (ii) any owner of a membership interest in the Note Issuer (including CPL) or (iii) any shareholder, partner, owner, beneficiary, agent, officer, or employee of the Indenture Trustee, the Managers or any owner of a membership interest in the Note Issuer (including CPL) in its respective individual capacity, or of any successor or assign of any of them in their respective individual or corporate capacities, except as any such Person may have expressly agreed (it being understood that none of the Indenture Trustee, the Managers or CPL has any such obligations in their respective individual or corporate capacities).
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Samples: Indenture (CPL Transition Funding LLC), Indenture (CPL Transition Funding LLC)
Note Issuer Obligation. No recourse may be taken, taken directly or indirectly, with respect to the obligations of the Note Issuer or on the Notes, under the Indenture Trustee on the Notes or under this Indenture Certificate or any certificate or other writing delivered in connection herewith or therewith, against (i) the Indenture Trustee or the Managers in their respective individual capacities, (ii) any owner of a membership interest in the Note Issuer (including CPL) or (iii) any shareholder, partner, owner, beneficiary, agent, officer, director, employee or employee agent of the Indenture Trustee, the Managers or any owner of a membership interest in the Note Issuer (including CPL) in its respective individual capacity, or of any successor or assign of any of them in their respective individual or corporate capacities, except as any such Person may have expressly agreed (it being understood that none of the Indenture Trustee, the Managers or CPL has any such obligations in their respective individual or corporate capacities).
Appears in 2 contracts
Samples: Indenture (CPL Transition Funding LLC), Indenture (CPL Transition Funding LLC)
Note Issuer Obligation. No recourse may be taken, taken directly or indirectly, with respect to the obligations of the Note Issuer or on the Notes, under the Indenture Trustee on the Notes or under this Indenture Supplement or any certificate or other writing delivered in connection herewith or therewith, against (i) the Indenture Trustee or the Managers in their respective individual capacities, (ii) any owner of a membership beneficial interest in the Note Issuer (including CPL) or (iii) any shareholder, partner, owner, beneficiary, agent, officer, director, employee or employee agent of the Indenture Trustee, the Managers or any owner of a membership beneficial interest in the Note Issuer (including CPL) in its respective individual capacity, or of any successor or assign of any of them in their respective individual or corporate capacities, except as any such Person may have expressly agreed (it being understood that none of the Indenture Trustee, the Managers or and CPL has have any such obligations in their respective individual or corporate capacities).
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Note Issuer Obligation. No recourse may be taken, taken directly or indirectly, with respect to the obligations of the Note Issuer or on the Notes, under the Indenture Trustee on the Notes or under this Indenture Supplement or any certificate or other writing delivered in connection herewith or therewith, against (i) the Indenture Trustee or the Managers in their respective individual capacities, (ii) any owner of a membership beneficial interest in the Note Issuer (including CPL) or (iii) any shareholder, partner, owner, beneficiary, agent, officer, director, employee or employee agent of the Indenture Trustee, the Managers or any owner of a membership beneficial interest in the Note Issuer (including CPL) in its respective individual capacity, or of any successor or assign of any of them in their 101 respective individual or corporate capacities, except as any such Person may have expressly agreed (it being understood that none of the Indenture Trustee, the Managers or and CPL has have any such obligations in their respective individual or corporate capacities).
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