Common use of Affiliate Liability Clause in Contracts

Affiliate Liability. Each of the following is herein referred to as an “Antero Affiliate”: (a) any direct or indirect holder of equity interests or securities in Parent (whether limited or general partners, members, stockholders or otherwise), (b) any director, officer, employee, representative or agent of (i) Parent or (ii) any Person who controls Parent or (c) any Person who is under common control with Parent. No Antero Affiliate shall have any liability or obligation to Buyer of any nature whatsoever in connection with or under this Agreement, any of the ancillary documents required hereby or the transactions contemplated herein or therein except to the extent any such Antero Affiliate is a party to this Agreement or any such ancillary document and then only with respect to the express obligations of such Antero Affiliate under this Agreement or such ancillary document (the “Express Affiliate Obligations”), and Buyer hereby waives and releases any and all claims against any Antero Affiliate arising out of or related to any such liability or obligation (such waiver and release to not apply to the Express Affiliate Obligations).

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Antero Resources LLC), Purchase and Sale Agreement (Antero Resources Finance Corp)

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Affiliate Liability. Each of the following is herein referred to as an “Antero Affiliate”: (a) any direct or indirect holder of equity interests or securities in Parent Antero Midstream (whether limited or general partners, members, stockholders or otherwise), (b) any director, officer, employee, representative or agent of (i) Parent Antero Midstream or (ii) any Person who controls Parent Antero Midstream or (c) any Person who is under common control with ParentAntero Midstream. No Antero Affiliate shall have any liability or obligation to Buyer of any nature whatsoever in connection with or under this Agreement, any of the ancillary documents required hereby or the transactions contemplated herein or therein except to the extent any such Antero Affiliate is a party to this Agreement or any such ancillary document and then only with respect to the express obligations of such Antero Affiliate under this Agreement or such ancillary document (the “Express Affiliate Obligations”), and Buyer hereby waives and releases any and all claims against any Antero Affiliate arising out of or related to any such liability or obligation (such waiver and release to not apply to the Express Affiliate Obligations).

Appears in 2 contracts

Samples: Stock Purchase Agreement (Antero Resources LLC), Stock Purchase Agreement (Antero Resources Finance Corp)

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