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 past, present or future director, officer, employee, incorporator, stockholder or agent 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 relea...ses 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. #5613146.2 4. NEW YORK LAW TO GOVERN. THE LAW OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO CONSTRUE THIS SUPPLEMENTAL INDENTURE. View More
No Recourse Against Others. No past, present or future director, officer, employee, incorporator, stockholder or agent 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 relea...ses 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. #5613147.2 4. NEW YORK LAW TO GOVERN. THE LAW OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO CONSTRUE THIS SUPPLEMENTAL INDENTURE. View More
No Recourse Against Others. No past, present or future director, officer, employee, incorporator, partner, affiliate, beneficiary or stockholder or agent of the Guaranteeing Subsidiary, New Subsidiaries, as such, shall have any liability for any obligations of the Company Issuer or any Guaranteeing Subsidiary Guarantor under the Notes, any Guarantees, the Indenture, any Guarantees Indenture or this Second Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. E...ach Holder of Notes the Notes, by accepting and holding a Note Note, waives and releases all such liability. The Such 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
No Recourse Against Others. No past, present or future director, officer, partner, employee, incorporator, stockholder organizer, manager, unitholder or other owner of Capital Stock (as defined in the Indenture) of a Guaranteeing Subsidiary or agent of the Guaranteeing Subsidiary, thereof, as such, shall have any liability for any obligations of the Company Issuers, the Guarantors, or such Guaranteeing Subsidiary or any Guaranteeing other Subsidiary of an Issuer providing a Note Guarantee under the Notes, any Note Guarante...es, 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, manager, officer, employee, incorporator, member, general or limited partner, quotaholder, stockholder or agent of the Guaranteeing Subsidiary, Company or any Guarantor, as such, shall have any liability for any obligations of the Company or any Guaranteeing Subsidiary Guarantor under the Notes, any Note Guarantees, the Indenture, any Guarantees Indenture or this Third Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obli...gations 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, Entity, as such, shall have any liability for any obligations of the Company or any Guaranteeing Subsidiary Entity under the Notes, any Note Guarantees, the Indenture, any Guarantees Indenture or this Fourth 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. View More
No Recourse Against Others. No past, present or future director, officer, employee, incorporator, stockholder organizer, equity holder or agent member of the Guaranteeing Subsidiary, any Guarantor, as such, shall have any liability for any obligations of the Company either Issuer, any Restricted Subsidiary or any Guaranteeing Subsidiary Guarantor under the Notes, the Note Guarantees, the Indenture, any Guarantees or this Supplemental Indenture the Collateral Documents 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 The waiver may not be effective to waive liabilities under the federal securities laws. View More
No Recourse Against Others. No director, officer, partner, employee, incorporator, stockholder manager or agent unitholder or other owner of Capital Stock of the Guaranteeing Subsidiary, Issuers or any Guarantor, as such, shall have any liability for any obligations of the Company Issuers or any Guaranteeing Subsidiary Guarantor under the Notes, the Indenture, any Guarantees or this Supplemental Indenture the Indenture, or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Hold...er 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
No Recourse Against Others. No past, present or future director, officer, employee, incorporator, stockholder stockholder, member, manager or agent controlling person of the Guaranteeing Subsidiary, New Subsidiaries, as such, shall have any liability for any obligations of the Company Issuer or any Guaranteeing Subsidiary Guarantor under the Notes, any Guarantees, the Indenture, any Guarantees Indenture or this First Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their... creation. Each Holder of Notes the Notes, by accepting and holding a Note Note, waives and releases all such liability. The Such 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
No Recourse Against Others. No A director, officer, employee, incorporator, stockholder employee or agent shareholder, as such, of the Guaranteeing Subsidiary, as such, Company shall not have any liability for any obligations of the Company or any Guaranteeing Subsidiary under the Notes, Notes or the Indenture, any Guarantees or this Supplemental Indenture or for any claim based on, in respect of, of or by reason of, of such obligations or their creation. Each Holder of Notes by By accepting a Note Note, each Holder waives... and releases all such liability. The waiver and release are part of the consideration for issuance the issue of the Notes. Such waiver may not be effective to waive liabilities under the federal securities laws. View More