Common use of Xx Recourse Against Others Clause in Contracts

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

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