Common use of Xx Personal Liability of Directors, Officers, Employees and Stockholders Clause in Contracts

Xx Personal Liability of Directors, Officers, Employees and Stockholders. No past, present or future director, officer, employee, incorporator or stockholder of the Company, as such, will have any liability for any obligations of the Company under the Indenture or the Notes or for any claim based on, in respect of, or by reason of, such obligations or their creation. By accepting any Note, each Holder waives and releases all such liability. Such waiver and release are part of the consideration for the issuance of the Notes.

Appears in 2 contracts

Samples: Indenture (Vertex, Inc.), Verastem, Inc.

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Xx Personal Liability of Directors, Officers, Employees and Stockholders. No past, present or future director, officer, employee, incorporator or stockholder of the CompanyCompany or any Guarantor, as such, will shall have any liability for any obligations of the Company or any Guarantor under the Notes, the Subsidiary Guarantees, this Indenture or the Notes or for any claim based on, in respect of, or by reason of, such obligations or their creation. By Each Holder by accepting any Note, each Holder a Note waives and releases all such liability. Such The waiver and release are part of the consideration for the issuance of the Notes.

Appears in 2 contracts

Samples: Trico Marine Services (Trico Marine Services Inc), Trico Marine Services (Trico Marine Services Inc)

Xx Personal Liability of Directors, Officers, Employees and Stockholders. No past, present or future director, officer, employee, incorporator or stockholder of the Company, as such, will have any liability for any obligations of the Company under the this Indenture or the Notes or for any claim based on, in respect of, or by reason of, such obligations or their creation. By accepting any Note, each Holder waives and releases all such liability. Such waiver and release are part of the consideration for the issuance of the Notes.

Appears in 1 contract

Samples: Indenture (Vertex, Inc.)

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Xx Personal Liability of Directors, Officers, Employees and Stockholders. No past, present or future director, officer, employee, incorporator or stockholder of the Company, as such, will have any liability for any obligations of the Company under the Indenture or the Notes or for any claim based on, in respect of, or by reason of, such obligations or their creation. By accepting any Note, each Holder waives and releases all such liability. Such waiver and release are part of the consideration for the issuance of the Notes.. ​

Appears in 1 contract

Samples: Verastem, Inc.

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