Common use of Recourse Limited Clause in Contracts

Recourse Limited. Notwithstanding anything to the contrary in this Agreement, neither any present or future constituent shareholder, member, partner, officer, director, employee or agent of the parties hereto or of any corporation, limited liability company or partnership that is the owner of any equity interest in the parties hereto will be personally liable, directly or indirectly, under or in connection with this Agreement, or any document, instrument or certificate securing or otherwise executed in connection with this Agreement, or any amendments or modifications to any of the foregoing made at any time or times, heretofore or hereafter, or in respect of any matter, condition, injury or loss related to this Agreement or the Assets (provided that Echelon shall be so liable to the extent Echelon constitutes the holder of equity interests in its Subsidiaries); and each party hereto (and their respective successors and assigns) waives any such personal liability.

Recourse Limited. Notwithstanding anything to the contrary in ---------------- this Agreement, neither any present or future constituent shareholder, member, partner, officer, director, employee or agent of the parties hereto or of any corporation, limited liability company or partnership that is the owner of any equity interest in the parties hereto will be personally liable, directly or indirectly, under or in connection with this Agreement, or any document, instrument or certificate securing or otherwise executed in connection with this Agreement, or any amendments or modifications to any of the foregoing made at any time or times, heretofore or hereafter, or in respect of any matter, condition, injury or loss related to this Agreement or the Assets (provided that -------- Echelon shall be so liable to the extent Echelon constitutes the holder of equity interests in its Subsidiaries); and each party hereto (and their respective successors and assigns) waives any such personal liability.