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, Issuers or the Guarantors, as such, shall have any liability for any obligations of the Company Issuer or any Guaranteeing Subsidiary the Guarantors under the Notes, any Guarantees, the Indenture, any Guarantees Existing 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 o...f 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, Parent Guarantor, as such, shall have any liability for any obligations of the Company Issuer or any Guaranteeing Subsidiary Parent Guarantor under the Notes, any 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 acceptin...g 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 Commission that such a waiver is against public policy. View More
No Recourse Against Others. No past, present or future director, officer, employee, manager, incorporator, stockholder agent or agent holder of any Equity Interests in the Guaranteeing Subsidiary, Company or of any New Guarantor or any direct or indirect parent corporation, as such, shall have any liability for any obligations of the Company or any Guaranteeing Subsidiary the Guarantors under the Notes, the Guarantees, the Base Indenture, any Guarantees the First Supplemental 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 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 director, officer, employee, incorporator, incorporator or stockholder or agent of the Company, the Guaranteeing Subsidiary, Subsidiaries or the other Guarantors, as such, shall will have any liability for any obligations of the Company Company, the Guaranteeing Subsidiaries or any Guaranteeing Subsidiary the other Guarantors under the Notes, the Indenture, any the First Supplemental Indenture, the Second Supplemental Indenture, this Third Supplemental Indenture, the Note Guarantees or this S...upplemental 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 The waiver may not be effective to waive liabilities under the federal securities laws. View More
No Recourse Against Others. No director, manager, officer, member, employee, incorporator, stockholder incorporator or agent unitholder or other owner of 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 the...ir 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 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 under the Notes, 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. Eac...h 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. 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, Subsidiaries, 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. creation; provided that the foregoing shall not lim...it any of the Issuers' obligations under the Notes. 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, incorporator, stockholder incorporator or agent stockholder, of the Guaranteeing Subsidiary, Company, as such, shall not have any liability for any obligations of the 5 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, or by reason of, such obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liabil...ity. 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, partner, member, employee, incorporator, stockholder manager or agent owner of the any Equity Interests of any Guaranteeing Subsidiary, as such, shall have any liability for any obligations of the Company Issuers or any Guaranteeing Subsidiary Guarantor 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 creati...on. 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 director, officer, employee, incorporator, incorporator or stockholder or agent of the Guaranteeing Subsidiary, Issuer or Holdings or any other direct or indirect parent or the New Subsidiary Guarantor, as such, shall will have any liability for any obligations of the Company Issuer or any Guaranteeing the New Subsidiary Guarantor under the Notes, the Indenture, any the Guarantees or this Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or the...ir creation. Each Holder of Notes Notes, by accepting a Note Note, waives and releases all such liability. The This waiver and release are part of the consideration for issuance of the Notes. Such This waiver may not be effective to waive liabilities under the federal securities laws. View More