Common use of Obligations Limited to Parties to Agreement Clause in Contracts

Obligations Limited to Parties to Agreement. Each of the Parties hereto covenants, agrees and acknowledges that no Person other than the Investors (and their transferees or assignees) and the Company shall have any obligation hereunder and no recourse under this Agreement shall be had against any former, current or future director, officer, employee, agent, general or limited partner, manager, member, securityholder or Affiliate of the Investors or the Company or any former, current or future director, officer, employee, agent, general or limited partner, manager, member, securityholder or Affiliate of any of the foregoing, whether by the enforcement of any assessment or by any legal or equitable proceeding, or by virtue of any applicable law, it being expressly agreed and acknowledged that no personal liability whatsoever shall attach to, be imposed on or otherwise be incurred by any former, current or future director, officer, employee, agent, general or limited partner, manager, member, securityholder or Affiliate of the Investors or the Company or any former, current or future director, officer, employee, agent, general or limited partner, manager, member, securityholder or Affiliate of any of the foregoing, as such, for any obligations of the Investors or the Company under this Agreement or for any claim based on, in respect of or by reason of such obligation or its creation.

Appears in 4 contracts

Samples: Standstill and Voting Agreement, Shareholders Agreement, Standstill and Voting Agreement (Sanchez Energy Corp)

AutoNDA by SimpleDocs

Obligations Limited to Parties to Agreement. Each of the Parties parties hereto covenants, agrees and acknowledges that no Person other than the Investors Chevron (and their its transferees or assignees) and the Company shall have any obligation hereunder and no recourse under this Agreement shall be had against any former, current or future director, officer, employee, agent, general or limited partner, manager, member, securityholder stockholder or Affiliate of the Investors or the Company Chevron or any former, current or future director, officer, employee, agent, general or limited partner, manager, member, securityholder stockholder or Affiliate of any of the foregoing, whether by the enforcement of any assessment or by any legal or equitable proceeding, or by virtue of any applicable law, it being expressly agreed and acknowledged that no personal liability whatsoever shall attach to, be imposed on or otherwise be incurred by any former, current or future director, officer, employee, agent, general or limited partner, manager, member, securityholder stockholder or Affiliate of the Investors or the Company Chevron or any former, current or future director, officer, employee, agent, general or limited partner, manager, member, securityholder stockholder or Affiliate of any of the foregoing, as such, for any obligations of the Investors or the Company Chevron under this Agreement or for any claim based on, in respect of or by reason of such obligation or its creation.

Appears in 2 contracts

Samples: Registration Rights Agreement (California Resources Corp), Registration Rights Agreement (California Resources Corp)

Obligations Limited to Parties to Agreement. Each of the Parties parties hereto covenants, agrees and acknowledges that no Person other than the Investors (and their transferees or assignees) notwithstanding that Amberjack and the Company shall have any obligation hereunder and Principal Stockholders are a limited liability company or other entity, no recourse under this Agreement shall be had against any former, current or future director, officer, employee, agent, general or limited partner, manager, member, securityholder stockholder or Affiliate of Amberjack and the Investors or the Company Principal Stockholders or any former, current or future director, officer, employee, agent, general or limited partner, manager, member, securityholder stockholder or Affiliate of any of the foregoing, whether by the enforcement of any assessment or by any legal or equitable proceeding, or by virtue of any applicable law, it being expressly agreed and acknowledged that no personal liability whatsoever shall attach to, be imposed on or otherwise be incurred by any former, current or future director, officer, employee, agent, general or limited partner, manager, member, securityholder stockholder or Affiliate of Amberjack and the Investors or the Company Principal Stockholders or any former, current or future director, officer, employee, agent, general or limited partner, manager, member, securityholder stockholder or Affiliate of any of the foregoing, as such, for any obligations of Amberjack and the Investors or the Company Principal Stockholders under this Agreement or for any claim based on, in respect of or by reason of such obligation or its creation.

Appears in 1 contract

Samples: Nomination and Information Agreement (Innovex Downhole Solutions, Inc.)

AutoNDA by SimpleDocs

Obligations Limited to Parties to Agreement. Each of the Parties parties hereto covenants, agrees and acknowledges that no Person other than the Investors Stockholders, (and their respective transferees or assignees) and the Company shall have any obligation hereunder and that no recourse under this Agreement shall be had against any former, current or future director, officer, employee, agent, general or limited partner, manager, member, securityholder stockholder or Affiliate of the Investors or the Company any Stockholder or any former, current or future director, officer, employee, agent, general or limited partner, manager, member, securityholder stockholder or Affiliate of any of the foregoing, whether by the enforcement of any assessment or by any legal or equitable proceeding, or by virtue of any applicable law, it being expressly agreed and acknowledged that no personal liability whatsoever shall attach to, be imposed on or otherwise be incurred by any former, current or future director, officer, employee, agent, general or limited partner, manager, member, securityholder stockholder or Affiliate of the Investors or the Company a Stockholder or any former, current or future director, officer, employee, agent, general or limited partner, manager, member, securityholder stockholder or Affiliate of any of the foregoing, as such, for any obligations of the Investors or the Company a Stockholder under this Agreement or for any claim based on, in respect of or by reason of such obligation or its creation.

Appears in 1 contract

Samples: Stockholder Agreement (California Resources Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!