Common use of Xx Recourse Against Others Clause in Contracts

Xx Recourse Against Others. A director, officer, employee, incorporator, member or shareholder, as such, of the Issuers or the Guarantors shall not have any liability for any obligations of the Issuers or the Guarantors under this Note, the other Notes, the Guarantees or the Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. By accepting a Note, each Holder shall waive and release all such liability. The waiver and release are part of the consideration for issuance of the Notes.

Appears in 5 contracts

Samples: Indenture (Ardagh Group S.A.), Indenture (Ardagh Group S.A.), Indenture (Ardagh Group S.A.)

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Xx Recourse Against Others. A director, officer, employee, incorporator, member or shareholder, as such, of the Issuers or the Guarantors any Guarantor shall not have any liability for any obligations of the Issuers or the Guarantors any Guarantor under this Note, the other Notes, the Guarantees or the Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. By accepting a Note, each Holder shall waive and release all such liability. The waiver and release are part of the consideration for issuance of the Notes.

Appears in 1 contract

Samples: Indenture (Ardagh Group S.A.)

Xx Recourse Against Others. A director, officer, employee, incorporator, member employee or shareholderstockholder, as such, of the Issuers Issuer, the Guarantor or the Guarantors Trustee shall not have any liability for any obligations of the Issuers Issuer, the Guarantor or the Guarantors Trustee under this Note, the other Notes, the Guarantees Notes or the Indenture or the Parent Guarantee or for any claim based on, in respect of, of or by reason of, of such obligations or their creation. By accepting a Note, each Holder shall waive waives and release releases all such liability. The waiver and release are part of the consideration for issuance the issue of the Notes.Notes and the Parent Guarantee

Appears in 1 contract

Samples: Kingsway Financial Services Inc

Xx Recourse Against Others. A No director, officer, partner, employee, incorporator, member manager or shareholderunitholder or other owner of Capital Stock of the Issuer or any Guarantor, as such, of the Issuers or the Guarantors shall not will have any liability for any obligations of the Issuers Issuer or the Guarantors under this Note, the other Notes, the Guarantees Indenture or the Indenture Note Guarantees or for any claim based on, in respect of, or by reason of, such obligations or their creation. By Each Holder of Notes by accepting a Note, each Holder shall waive Note waives and release releases all such liability. The waiver and release are part of the consideration for issuance of the Notes.

Appears in 1 contract

Samples: Third Supplemental Indenture (WildHorse Resource Development Corp)

Xx Recourse Against Others. A No director, officer, employee, incorporatormanager, member incorporator or shareholderholder of any Equity Interests in the Issuer or any Guarantor or any direct or indirect parent company of the Issuer, or any Guarantor, as such, of the Issuers or the Guarantors shall not have any liability for any obligations of the Issuers Issuer or any Guarantor under the Guarantors under this Note, the other Notes, the Guarantees or the Indenture this Indenture, as applicable, or for any claim based on, in respect of, or by reason of, such obligations or their creation. By Each holder of Notes by accepting a Note, each Holder shall waive Note waives and release releases all such liability. The waiver and release are part of the consideration for issuance of the Notes.

Appears in 1 contract

Samples: Supplemental Indenture (TopBuild Corp)

Xx Recourse Against Others. A No director, officer, employee, incorporatormanager, member incorporator or shareholderholder of any Equity Interests in an Issuer or any direct or indirect parent companies, as such, of the Issuers or the Guarantors shall not will have any liability for any obligations of an Issuer or any Subsidiary Guarantor under the Issuers or the Guarantors under this Note, the other Notes, the Guarantees Indenture or the Indenture Subsidiary Guarantees, as applicable, or for any claim based on, in respect of, or by reason of, such obligations or their creation. By Each holder of the Notes by accepting a Note, each Holder shall waive Note waives and release releases all such liability. The waiver and release are part of the consideration for issuance of the Notes.

Appears in 1 contract

Samples: Exela Technologies, Inc.

Xx Recourse Against Others. A director, officer, employee, incorporator, member employee or shareholderstockholder, as such, of the Issuers Company or the Guarantors shall any Guarantor will not have any liability for any obligations of the Issuers Company or the Guarantors under this Note, the other Notes, the Guarantees Notes or the Indenture or for any claim based on, in respect of, of or by reason of, of such obligations or their creation. By accepting a Note, each Holder shall waive waives and release releases all such liability. The waiver and release are part of the consideration for the issuance of the Notes.

Appears in 1 contract

Samples: Protalix BioTherapeutics, Inc.

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Xx Recourse Against Others. A director, officer, employee, incorporator, member or shareholder, as such, of the Issuers or the Guarantors Issuer shall not have any liability for any obligations of the Issuers or the Guarantors Issuer under this Note, the other Notes, the Guarantees Notes or the Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. By accepting a Note, each Holder shall waive and release all such liability. The waiver and release are part of the consideration for issuance of the Notes.

Appears in 1 contract

Samples: Ardagh Group S.A.

Xx Recourse Against Others. A director, officer, employee, incorporator, member employee or shareholderstockholder, as such, of the Issuers Issuer, the Guarantor or the Guarantors Trustee shall not have any liability for any obligations of the Issuers Issuer, the Guarantor or the Guarantors Trustee under this Note, the other Notes, the Guarantees Notes or the Indenture or the Parent Guarantee or for any claim based on, in respect of, of or by reason of, of such obligations or their creation. By accepting a Note, each Holder shall waive waives and release releases all such liability. The waiver and release are part of the consideration for issuance the issue of the NotesNotes and the Parent Guarantee.

Appears in 1 contract

Samples: Kingsway Financial Services Inc

Xx Recourse Against Others. A director, officer, employee, incorporator, member employee or shareholderstockholder, as such, of the Issuers or the Guarantors Company shall not have any liability for any obligations of the Issuers or Company under the Guarantors under this Note, the other Notes, the Guarantees Notes or the Indenture or for any claim based on, in respect of, of or by reason of, of such obligations or their creation. By Each Holder by accepting a Note, each Holder shall waive Note waives and release releases all such liability. The waiver and release are part of the consideration for the issuance of the Notes.

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Petroleum Geo Services Asa)

Xx Recourse Against Others. A director, officer, employee, incorporator, member employee or shareholderstockholder, as such, of the Issuers Issuer or the Guarantors Trustee shall not have any liability for any obligations of the Issuers or Issuer under the Guarantors under this Note, the other Notes, the Guarantees Notes or the Indenture or for any claim based on, in respect of, of or by reason of, of such obligations or their creation; provided, however, the foregoing will not affect or limit any liability of any Guarantor under the Indenture or its Guarantee. By accepting a Note, each Holder shall waive Noteholder waives and release releases all such liability. The waiver and release are part of the consideration for issuance the issue of the Notes.

Appears in 1 contract

Samples: Supplemental Indenture (Real Industry, Inc.)

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