Common use of Immunity of Shareholders Clause in Contracts

Immunity of Shareholders. The Trustee, and by their acceptance of the Warrant Certificates and as part of the consideration for the issue of the Warrants, the Warrantholders, hereby waive and release any right, cause of action or remedy now or hereafter existing in any jurisdiction against any past, present or future shareholder, director or officer of the Corporation or of any of the subsidiaries of the Corporation, or any subsidiary of the Corporation, in their capacity as such, for the issue of Shares pursuant to any Warrants or on any covenant, agreement, representation or warranty by the Corporation contained herein or in the Warrant Certificates.

Immunity of Shareholders. The TrusteeTrustee and, and by their the acceptance of the Warrant Certificates Warrants and as part of the consideration for the issue of the Warrants, the Warrantholders, Warrantholders hereby waive and release any right, cause of action or remedy now or hereafter existing in any jurisdiction against any incorporator or any past, present or future shareholder, director director, officer, employee or officer agent of the Corporation or of any of the subsidiaries of the Corporation, or any subsidiary of the Corporation, in their capacity as such, successor corporation for the issue of the Shares pursuant to any Warrants Warrant or on any covenant, agreement, representation or warranty by the Corporation contained herein or in the Warrant CertificatesWarrants contained.

Immunity of Shareholders. The Trustee, and by their its acceptance of the Warrant Certificates Certificate and as part of the consideration for the issue of the Warrants, the WarrantholdersWarrantholder, hereby waive and release any right, cause of action or remedy now or hereafter existing in any jurisdiction against any past, present or future shareholder, director or officer of the Corporation Company or of any of the subsidiaries of the CorporationCompany, or any subsidiary of the CorporationCompany, in their capacity as such, for the issue of Shares pursuant to any Warrants or on any covenant, agreement, representation or warranty by the Corporation Company contained herein or in the Warrant Certificates.

Immunity of Shareholders. The Trustee, and by their acceptance of the Warrant Certificates and as part of the consideration for the issue of the Warrants, the Warrantholders, hereby waive and release any right, cause of action or remedy now or hereafter existing in any jurisdiction against any past, present or future shareholder, director or officer of the Corporation or of any of the subsidiaries of the Corporation, or any subsidiary of the CorporationCompany, in their capacity as such, for the issue of Common Shares pursuant to any Warrants or on any covenant, agreement, representation or warranty by the Corporation contained Company herein or in the Warrant Certificates.