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 of the Guaranteeing Subsidiary, Issuer or Holdings or any other direct or indirect parent or any New Subsidiary Guarantor, as such, shall will have any liability for any obligations of the Company Issuer or any Guaranteeing the New Subsidiary Guarantors 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 th...eir 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
No Recourse Against Others. No past, present or future director, officer, employee, incorporator, incorporator or stockholder or agent of the Issuer or any Guaranteeing Subsidiary, as such, Subsidiary shall have any liability for any obligations of the Company Issuer or any the Subsidiary Guarantors (including the Guaranteeing Subsidiary Subsidiary) 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 obligati...ons or their creation. Each Holder of Notes 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 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 #5613143.2 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, 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 Indenture, any Guarantees Guarantees, the Indenture or this Supplemental Indenture or for any claim based on, in resp...ect 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, employee, manager, incorporator, stockholder agent or agent holder of any Equity Interests in the Company or of the Guaranteeing Subsidiary, Guarantor or any direct or indirect parent corporation, as such, shall have any liability for any obligations of the Company or any Guaranteeing Subsidiary and the Guarantor under the Notes, the Indenture, any Guarantees Guarantee, the Indenture or this Supplemental Indenture or for any claim based on, in respec...t 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 Pursuant to Section 12.07 of the Indenture, no director, officer, employee, incorporator, stockholder stockholder, member, manager or agent partner 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 Indenture, the Note Guarantees or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder o...f 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 waiver may not be effective to waive liabilities under the federal securities laws. Note Guarantee. View More
No Recourse Against Others. No past, present or future director, officer, employee, incorporator, stockholder or agent of any Subsidiary of the Guaranteeing Subsidiary, Company, as such, shall have any liability for any obligations Obligations of the Company or any Guaranteeing Subsidiary of the Company under the Notes, any Subsidiary 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 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 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 this First Supplemental Indenture, 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 The waiver may not be effective to waive liabilities under the federal securities laws. 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 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 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, 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 Indenture, any Guarantees Subsidiary Guarantees, the 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