Common use of Directors’ liability Clause in Contracts

Directors’ liability. The obligations of FAC and the Operating Partnership hereunder are intended to be binding are binding only on the assets of FAC and the Operating Partnership, respectively, and no Contributor or Constituent Partnership nor anyone claiming by or through or under such Contributor or Constituent Partnership shall be entitled to obtain any judgment creating personal liability on the part of any directors, shareholders, the officers or partners in or of FAC or the Operating Partnership from time to time.