Common use of Exempt from Individual Liability Clause in Contracts

Exempt from Individual Liability. No covenant, condition or agreement contained herein shall be deemed to be a covenant, agreement or obligation of any present or future member of the Board of Commissioners, officer, director, employee or agent of the Governmental Lender in his individual capacity, and none of the members of the Board of Commissioners, the officers, directors, employees or agents of the Governmental Lender executing the Governmental Lender Notes or this Funding Loan Agreement shall be liable personally on the Governmental Lender Notes or under this Funding Loan Agreement or be subject to any personal liability or accountability by reason of the issuance of the Governmental Lender Notes or the execution of this Funding Loan Agreement or any of the Funding Loan Documents.

Appears in 5 contracts

Samples: Funding Loan Agreement, Funding Loan Agreement, Funding Loan Agreement

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Exempt from Individual Liability. No covenant, condition or agreement contained herein shall be deemed to be a covenant, agreement or obligation of any present or future member of the Board of CommissionersSupervisors, officer, director, employee or agent of the Governmental Lender in his individual capacity, and none of the members of the Board of CommissionersSupervisors, the officers, directors, employees or agents of the Governmental Lender executing the Governmental Lender Notes Note or this Funding Loan Agreement shall be liable personally on the Governmental Lender Notes Note or under this Funding Loan Agreement or be subject to any personal liability or accountability by reason of the issuance of the Governmental Lender Notes Note or the execution of this Funding Loan Agreement or any of the Funding Loan Documents.

Appears in 4 contracts

Samples: Funding Loan Agreement, Funding Loan Agreement, Funding Loan Agreement

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Exempt from Individual Liability. No covenant, condition or agreement contained herein shall be deemed to be a covenant, agreement or obligation of any present or future member of the Board of CommissionersSupervisors, officer, director, employee or agent of the Governmental Lender in his individual capacity, and none of the members of the Board of CommissionersSupervisors, the officers, directors, employees or agents of the Governmental Lender executing the Governmental Lender Notes Note or this Funding Loan Agreement shall be liable personally on the Governmental Lender Notes Note or under this Funding Loan Agreement or be subject to any personal liability or accountability by reason of the issuance of the Governmental Lender Notes Note or the execution of this Funding Loan Agreement or any of the other Funding Loan Documents.

Appears in 1 contract

Samples: Funding Loan Agreement

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