Obligations personal Sample Clauses

Obligations personal. Each Participant is individually responsible only for its own obligations under this Agreement and except as expressly provided in this Agreement has no obligation or liability with respect to the obligations of any other Participant.
Obligations personal. Each Party is individually responsible only for its own obligations under this Agreement and except as expressly provided in this Agreement has no obligation or liability with respect to the obligations of any other Party.
Obligations personal. The Issuer agrees that no owner of the Mortgaged Property (including Xxxxxx Xxx) subsequent to the Borrower will be liable for, assume or take title to the Mortgaged Property subject to: (a) any failure of any prior owner of the Mortgaged Property to perform or observe any representation or warranty, affirmative or negative covenant or other agreement or undertaking under the Regulatory Agreement; and (b) the payment of any compensation or any accrued unpaid fees, costs, expenses or penalties otherwise owed by any prior owner of the Mortgaged Property under the Regulatory Agreement. The Borrower and each subsequent owner of the Mortgaged Property shall be responsible under the Regulatory Agreement for its own acts and omissions occurring during the period of its ownership of the Mortgaged Property. All such liability and obligations shall be and remain personal to such person even after such person ceases to be the owner of the Mortgaged Property.
Obligations personal. The obligations of the Covenantors under this Agreement shall be binding on their successors in title.
Obligations personal. The obligations of the Issuer under this Agreement shall be binding on each of their respective personal representatives or successors in title.
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