Signatory Exculpation Sample Clauses
The Signatory Exculpation clause serves to limit or eliminate the personal liability of individuals who sign a contract on behalf of an entity, such as officers, directors, or representatives. In practice, this clause clarifies that these signatories are acting solely in their official capacities and are not personally responsible for the obligations or liabilities of the entity under the agreement. By including this provision, the contract ensures that only the entity itself is held accountable, thereby protecting individual signatories from personal legal exposure and reducing the risk of unintended personal liability.
Signatory Exculpation. The signatory(ies) for Seller and Purchaser is/are executing this Agreement in his/their capacity as representative of such party and not individually and, therefore, shall have no personal or individual liability of any kind in connection with this Agreement and the transactions contemplated by it.
Signatory Exculpation. The signatory(ies) for Patriot and Crow --------------------- is/are executing this Agreement in his/their capacity as representative of Patriot or Crow, as the case may be, and not individually and, therefore, shall have no personal or individual liability of any kind in connection with this Agreement and the transactions contemplated by it.
Signatory Exculpation. The signatory(ies) for ▇▇▇▇▇▇▇▇ and Brandywine OP are executing this Agreement in his/their capacity as representative of ▇▇▇▇▇▇▇▇ and Brandywine OP, respectively, and not individually and, therefore, shall have no personal or individual liability of any kind in connection with this Agreement and the transactions contemplated by it. No recourse shall be had for any obligation of ▇▇▇▇▇▇▇▇ or Brandywine OP under this Agreement or under any document executed in connection herewith or pursuant hereto, or for any claim based thereon or otherwise in respect thereof, against any past, present or future trustee, shareholder, officer or employee of Brandywine Realty Trust, ▇▇▇▇▇▇▇▇ Properties Trust, ▇▇▇▇▇▇▇▇ or Brandywine OP, whether by virtue of any statute or rule of law, or by the enforcement of any assessment or penalty or otherwise, all such liability being expressly waived and released by the parties hereto and all parties claiming by, through or under them.
Signatory Exculpation. The individual signatories for the parties hereto are executing this Agreement in their capacities as representatives of such parties and not individually and, therefore, shall have no personal or individual liability of any kind or nature in connection with the execution of this Agreement and the documents contemplated by it.
Signatory Exculpation. The signatories for the Company and the Investor are executing this Agreement in their capacity as representatives of the Company and the Investor, respectively, and not individually and, therefore, shall have no personal or individual liability of any kind in connection with this Agreement or the transactions contemplated hereby.
Signatory Exculpation. The signatories for the Company, the Operating Partnership and the Investor are executing this Agreement in their capacity as representatives of the Company, the Operating Partnership and the Investor, respectively, and not individually and, therefore, shall have no personal or individual liability of any kind in connection with this Agreement or the transactions contemplated hereby.
Signatory Exculpation. The signatory(ies) for the Partnership and Contributor is/are executing this Agreement in his/their capacity as representative of the Partnership and Contributor and not individually and, therefore, shall have no personal or individual liability of any kind in connection with this Agreement and the transactions contemplated by it.
Signatory Exculpation. The signatory(ies) for Buyer is/are executing this Contract in his/their capacity as representative of Buyer and not individually and, therefore, shall have no personal or individual liability of any kind in connection with this Contract and the transactions contemplated by it. The signatory(ies) for Seller is/are executing this Contract in his/their capacity as representative of Seller and not individually and, therefore, shall have no personal or individual liability of any kind in connection with this Contract and the transactions contemplated by it.
Signatory Exculpation. The signatories for Insignia [ * ] and [ * ] are executing this Agreement in their capacity as representatives of Insignia [ * ] and [ * ], respectively, and not individually and, therefore, shall have no personal or individual liability of any kind in connection with this Agreement and the transactions contemplated by it.
Signatory Exculpation. The signatory(ies) for Stirling and Contributor is/are executing this Agreement in his/their capacity as representative of such party and not individually and, therefore, shall have no personal or individual liability of any kind in connection with this Agreement and the transactions contemplated by it.