Stockholder Liability Sample Clauses
Stockholder Liability. Notice is hereby given that this Agreement is entered into on the Fund’s behalf by an officer of the Fund in his capacity as an officer and not individually and that the obligations of or arising out of this Agreement are not binding upon any of the Fund’s Directors, officers, employees, agents or stockholders individually, but are binding only upon the assets and property of the Fund.
Stockholder Liability. As used in this paragraph 6.1 and subject to paragraph 6.1.2 below, the term "Stockholder Liability" means any losses, claims, damages or liabilities under the Act with respect to the registration
Stockholder Liability. Under Maryland law, holders of our Common Stock will generally not be liable for our obligations solely as a result of their status as stockholders.
Stockholder Liability. Parent and ▇▇▇▇▇▇ Sub agree that the Stockholder will not be liable for claims, losses, damages, liabilities or other obligations of, or incurred by, the Company resulting from the Company’s breach of the Merger Agreement except to the extent that breach of the Stockholder’s obligations hereunder was also involved in such breach by the Company.
Stockholder Liability. The security interests granted pursuant hereto are granted as security only and shall not subject the Pledgee or any Bank to any obligation or liability of the Pledgor with respect to any of the Pledged Collateral or any transaction in connection therewith.
Stockholder Liability. The liability of Kenneth F. Holland, individually, and Kenneth F. Holland and Judi▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇ ▇rustees of the Hollan▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇er th▇▇ ▇▇▇i▇▇▇ ▇ ▇▇▇▇▇ be joint and several.
Stockholder Liability. 28 10.5 CLAIM NOTICE.................................................28 10.6
Stockholder Liability. In the event that a Verticalnet Indemnified Party seeks to satisfy any Losses and the set-off rights of Verticalnet under Section 6.06 and the value of the Escrow Shares fail to fully satisfy the amount of such Losses, such Verticalnet Indemnified Party may seek payment on account of the unsatisfied amount of such Losses from each Stockholder in an amount up to such Stockholder’s pro-rata share of such Losses based upon the amount of Merger Consideration paid to such Stockholder. Notwithstanding anything contained herein to the contrary, no Stockholder shall have liability hereunder beyond such Stockholder’s pro-rata share of the Merger Consideration.
Stockholder Liability. At the Closing, the Selling Stockholder, and his Affiliates shall offset all amounts owed to them by the Trucking Company or the Brokerage Company against all obligations (including interest) owed by them to the Trucking Company or the Brokerage Company, regardless of whether such amounts are then due under applicable documents evidencing such indebtedness or whether evidenced in writing at all. Schedule 5.8 sets forth all such amounts as of the date hereof, which amounts shall not change (except for regularly accruing interest) by Closing. Any amounts remaining thereunder shall be settled in full at the Closing. In addition, the Selling Stockholder, individually and on behalf of all his Affiliates, shall execute a full and final waiver and release of any and all claims against the Trucking Company and the Brokerage Company in substantially the form attached hereto as Exhibit D (the "Release").
Stockholder Liability. The private property of the stockholders shall not be subject to the payment of corporate debts to any extent whatsoever.