No Recourse Against Others Clause Example with 157 Variations from Business Contracts

This page contains No Recourse Against Others clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
No Recourse Against Others. No director, officer, employee, incorporator, stockholder or agent of the Guaranteeing Subsidiary, as such, shall have any liability for any obligations of the Company or any Guaranteeing Subsidiary under the Notes, the Indenture, any Guarantees or this Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consider...ation for issuance of the Notes. Such waiver may not be effective to waive liabilities under the federal securities laws. View More

Variations of a "No Recourse Against Others" Clause from Business Contracts

No Recourse Against Others. No director, officer, employee, incorporator, incorporator or stockholder or agent other owner of any Capital Stock of the Guaranteeing Subsidiary, Company or any Guarantor, as such, shall will have any liability for any obligations of the Company or any Guaranteeing Subsidiary the Guarantors under the Notes, the Indenture, any Indenture or the Note Guarantees or this Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder... of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. Such waiver may not be effective to waive liabilities under the federal securities laws. View More
No Recourse Against Others. No past, present or future director, officer, partner, member, employee, incorporator, stockholder manager or agent unit holder or other owner of Equity Interest of the Guaranteeing Subsidiary, as such, shall have any liability for any obligations of the Company Issuers or any the Guaranteeing Subsidiary under the Notes, any Note Guarantees, the Indenture, any Guarantees Indenture or this Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their ...creation. Each Holder of the Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. Such waiver may not be effective to waive liabilities under the federal securities laws. laws and it is the view of the SEC that such a waiver is against public policy. View More
No Recourse Against Others. No past, present or future director, officer, partner, member, employee, incorporator, stockholder manager or agent unit holder or other owner of the Equity Interests of any Guaranteeing Subsidiary, as such, shall have any liability for any obligations of the Company Issuers or any Guaranteeing Subsidiary under the Notes, any Note Guarantees, the Indenture, any Guarantees Indenture or this Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their... creation. Each Holder of the Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. Such waiver may not be effective to waive liabilities under the federal securities laws. laws and it is the view of the SEC that such a waiver is against public policy. View More
No Recourse Against Others. No past, present or future director, officer, partner, member, employee, incorporator, stockholder manager or agent unit holder or other owner of Equity Interests of the Guaranteeing Subsidiary, as such, shall have any liability for any obligations of the Company Issuers or any Guaranteeing Subsidiary under the Notes, any Note Guarantees, the Indenture, any Guarantees Indenture or this Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their cre...ation. Each Holder of the Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. Such waiver may not be effective to waive liabilities under the federal securities laws. laws and it is the view of the SEC that such a waiver is against public policy. View More
No Recourse Against Others. No past, present or future director, officer, employee, incorporator, incorporator or stockholder or agent of the Guaranteeing Subsidiary, as such, Company or the Guarantors shall have any liability for any obligations of the Company or any Guaranteeing Subsidiary the Guarantors under the Notes, any Note Guarantees, the Indenture, any Guarantees Indenture or this Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of N...otes by accepting a Note Notes waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. Such waiver may not be effective to waive liabilities under the federal securities laws. View More
No Recourse Against Others. No director, officer, employee, incorporator, stockholder stockholder, member, manager or agent partner of the Guaranteeing Subsidiary, Company, any Subsidiary or any direct or indirect parent of the Company, as such, shall will have any liability for any obligations of the Company or any Guaranteeing Subsidiary the Guarantors under the Notes, the Indenture, any the Note Guarantees or this Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their... creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. Such Notes and the Note Guarantees. The waiver may not be effective to waive liabilities under the federal securities laws. laws and it is the view of the SEC that such a waiver is against public policy. View More
No Recourse Against Others. No past, present or future director, officer, partner, member, employee, incorporator, stockholder manager or agent unit holder or other owner of the Equity Interest of any Guaranteeing Subsidiary, as such, shall have any liability for any obligations of the Company Issuers or any Guaranteeing Subsidiary under the Notes, any Note Guarantees, the Indenture, any Guarantees Indenture or this Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their ...creation. Each Holder of the Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. Such waiver may not be effective to waive liabilities under the federal securities laws. laws and it is the view of the SEC that such a waiver is against public policy. View More
No Recourse Against Others. No past, present or future director, officer, employee, incorporator, stockholder or agent of the Guaranteeing Subsidiary, any Guarantor, as such, shall have any liability for any obligations Obligations of the Company or any Guaranteeing Subsidiary Guarantor under the Notes, any Guarantee, the Indenture, any Guarantees Indenture or this Seventh Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations Obligations or their creation. Each Holder of the Not...es by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. Such waiver may not be effective to waive liabilities under the federal securities laws. laws and it is the view of the SEC that such a waiver is against public policy. View More
No Recourse Against Others. No past, present or future director, officer, partner, member, employee, incorporator, stockholder manager or agent unit holder or other owner of Equity Interest of the Guaranteeing Subsidiary, as such, shall have any liability for any obligations of the Company Issuers or any Guaranteeing Subsidiary under the Notes, any Note Guarantees, the Indenture, any Guarantees Indenture or this Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their crea...tion. Each Holder of the Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. Such waiver may not be effective to waive liabilities under the federal securities laws. laws and it is the view of the SEC that such a waiver is against public policy. View More
No Recourse Against Others. No A director, officer, employee, manager, incorporator, partner, member or stockholder or agent of the Guaranteeing Subsidiary, Company or any Subsidiary of the Company or any Guarantor, as such, shall not have any liability for any obligations of the Company or any Guaranteeing Subsidiary the Guarantors under the Notes, the Indenture, any Subsidiary Guarantees or this Supplemental the Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each ...Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the Notes. Such waiver may not be effective to waive liabilities under the federal securities laws. View More