Common use of Enforcement/Recourse Clause in Contracts

Enforcement/Recourse. Creditors of Equity LLC shall have no right to enforce this letter agreement or to cause Equity LLC to enforce this letter agreement. Notwithstanding anything that may be expressed or implied in this letter agreement, by its acceptance hereof, Equity LLC acknowledges and agrees that (a) no person other than the Investor shall have any obligation hereunder, and no recourse hereunder or under any documents or instruments delivered in connection herewith may be had against any agent or Affiliate of the undersigned, any former, current or future assignee of the undersigned or any former, current or future director, officer, employee, agent, general or limited partner, manager, member, stockholder, affiliate, controlling person, representative or assignee of any of the foregoing (each such person or entity, a “Related Person”), whether by the enforcement of any judgment or assessment or by any legal or equitable proceeding or by virtue of any statute, regulation or other applicable Law, and (b) no personal liability whatsoever will attach to, be imposed on or otherwise be incurred by Related Persons in connection with this letter agreement or any documents or instruments delivered in connection herewith for any claim based on, in respect of or by reason of such obligations or by their creation.