Common use of No Duty of Investigation; Notice in Company Instruments, etc Clause in Contracts

No Duty of Investigation; Notice in Company Instruments, etc. No purchaser, lender, seller or other Person dealing with the Directors or with any officer, employee or agent of the Company shall be bound to make any inquiry concerning the validity of any transaction purporting to be made by the Directors or by said officer, employee or agent or be liable for the application of money or property paid, lent or delivered to or on the order of the Directors or of said officer, employee or agent. Every contract, undertaking, instrument, certificate, interest or obligation or other security of the Company, and every other act or thing whatsoever executed in connection with the Company, shall be conclusively presumed to have been executed or done by the executors thereof only in their capacity as Directors under this Agreement or in their capacity as officers, employees or agents of the Company. Every written obligation, contract, instrument, certificate or other interest or undertaking of the Company made or sold by the Directors or by any officer, employee or agent of the Company, in his capacity as such, may contain an appropriate recital to the effect that the Holders, Directors, officers, employees and agents of the Company shall not personally be bound by or liable thereunder, nor shall resort be had to their private property for the satisfaction of any obligation or claim thereunder, and appropriate references shall be made therein to this Agreement, and may contain any further recital that they may deem appropriate, but the omission of such recital shall not operate to impose personal liability on any of the Holders, Directors, officers, employees or agents of the Company.

No Duty of Investigation; Notice in Company Instruments, etc. No purchaser, lender, seller transfer agent or other Person dealing with the Directors or with any officer, employee or agent of the Company shall be bound to make any inquiry concerning the validity of any transaction purporting to be made by the Directors or by said officer, employee or agent or be liable for the application of money or property paid, lent loaned, or delivered to or on the order of the Directors or of said officer, employee or agent. Every obligation, contract, undertaking, instrument, certificate, interest or obligation or Share, other security of the CompanyCompany or undertaking, and every other act or thing whatsoever executed in connection with the Company, Company shall be conclusively presumed to have been executed or done by the executors thereof only in their capacity as Directors under this Agreement or in their capacity as officers, employees or agents of the Company. Every written obligation, contract, instrument, certificate or certificate, Share, other interest or undertaking security of the Company or undertaking made or sold issued by the Directors or by any officer, employee or agent of the Company, in his capacity as such, may contain an appropriate recital to the effect that the Holders, Directors, officers, employees and agents officers of the Company shall may recite that the same is executed or made by such Persons not personally be bound by individually, but as a Director or liable thereunder, nor shall resort be had to their private property for the satisfaction of any obligation or claim thereunderofficer under this Agreement, and appropriate references shall be made therein to this Agreementthat the obligations of the Company under any such instrument are not binding upon any of the Directors, officers or Shareholders individually, but bind only the Company Property of the applicable Series, and may contain any further recital that they which the Directors may deem appropriate, but the omission of such recital shall not operate to impose personal liability on any bind the Directors, officers or Shareholders individually. The Directors may maintain insurance for the protection of the HoldersCompany Property and the Company's Shareholders, Directors, officers, employees or and agents of in such amounts as the CompanyDirectors shall deem adequate to cover possible tort liability, and such other insurance as the Directors in their sole judgment shall deem advisable.

No Duty of Investigation; Notice in Company Instruments, etc. No purchaser, lender, seller or other Person dealing with the Company through the Directors or with any officer, employee or agent of the Company shall be bound to make any inquiry concerning the validity of any transaction purporting to be made by the Directors or by said officer, employee or agent or be liable for the application of money or property paid, lent or delivered to or on the order of the Directors or of said officer, employee or agent. Every contract, undertaking, instrument, certificate, interest or obligation or other security of the Company, and every other act or thing whatsoever executed in connection with the Company, shall be conclusively presumed to have been executed or done by the executors thereof only in their capacity as Directors under this Agreement or in their capacity as officers, employees or agents of the Company. Every written obligation, contract, instrument, certificate or other interest or undertaking of the Company made or sold by the Directors or by any officer, employee or agent of the Company, in his capacity as such, may contain an appropriate recital to the effect that the HoldersMembers, Directors, officers, employees and agents of the Company shall not personally be bound by or liable thereunder, nor shall resort be had to their private property for the satisfaction of any obligation or claim thereunder, and appropriate references shall be made therein to this Agreement, and may contain any further recital that they may deem appropriate, but the omission of such recital shall not operate to impose personal liability on any of the HoldersMembers, Directors, officers, employees or agents of the Company.

No Duty of Investigation; Notice in Company Instruments, etc. No purchaser, lender, seller or other Person dealing with the Directors or with any officer, employee or agent of the Company shall be bound to make any inquiry concerning the validity of any transaction purporting to be made by the Directors or by said officer, employee or agent or be liable for the application of money or property paid, lent or delivered to or on the order of the Directors or of said officer, employee or agent. Every contract, undertaking, instrument, certificate, interest or obligation or other security of the Company, and every other act or thing whatsoever executed in connection with the Company, shall be conclusively presumed to have been executed or done by the executors thereof only in their capacity as Directors under this Agreement or in their capacity as officers, employees or agents of the Company. Every written obligation, contract, instrument, certificate or other interest or undertaking of the Company made or sold by the Directors or by any officer, employee or agent of the Company, in his capacity as such, may contain an appropriate recital to the effect that the HoldersShareholders, Directors, officers, employees and agents of the Company shall not personally be bound by or liable thereunder, nor shall resort be had to their private property for the satisfaction of any obligation or claim thereunder, and appropriate references shall be made therein to this Agreement, and may contain any further recital that they may deem appropriate, but the omission of such recital shall not operate to impose personal liability on any of the HoldersShareholders, Directors, officers, employees or agents of the Company.

No Duty of Investigation; Notice in Company Instruments, etc. No purchaser, lender, seller transfer agent or other Person dealing with the Directors or with any officer, employee or agent of the Company shall be bound to make any inquiry concerning the validity of any transaction purporting to be made by the Directors or by said officer, employee or agent or be liable for the application of money or property paid, lent loaned, or delivered to or on the order of the Directors or of said officer, employee or agent. Every obligation, contract, undertaking, instrument, certificate, interest or obligation or Share, other security of the CompanyCompany or undertaking, and every other act or thing whatsoever executed in connection with the Company, Company shall be conclusively presumed to have been executed or done by the executors thereof only in their capacity as Directors under this Agreement or in their capacity as officers, employees or agents of the Company. Every written obligation, contract, instrument, certificate or certificate, Share, other interest or undertaking security of the Company or undertaking made or sold issued by the Directors or by any officer, employee or agent of the Company, in his capacity as such, may contain an appropriate recital to the effect that the Holders, Directors, officers, employees and agents officers of the Company shall may recite that the same is executed or made by such Persons not personally be bound by individually, but as a Director or liable thereunder, nor shall resort be had to their private property for the satisfaction of any obligation or claim thereunderofficer under this Agreement, and appropriate references shall be made therein to this Agreementthat the obligations of the Company under any such instrument are not binding upon any of the Directors, officers or Shareholders individually, but bind only the Company Property of the applicable Series, and may contain any further recital that they which the Directors may deem appropriate, but the omission of such recital shall not operate to impose personal liability on any bind the Directors, officers or Shareholders individually. The Directors may maintain insurance for the protection of the HoldersCompany Property and the Company’s Shareholders, Directors, officers, employees or and agents of in such amounts as the CompanyDirectors shall deem adequate to cover possible tort liability, and such other insurance as the Directors in their sole judgment shall deem advisable.

No Duty of Investigation; Notice in Company Instruments, etc. No purchaser, lender, seller Transfer Agent or other Person dealing with the Directors or with any officer, employee or agent of the Company shall be bound to make any inquiry concerning the validity of any transaction purporting to be made by the Directors or by said officer, employee or agent or be liable for the application of money or property paid, lent loaned, or delivered to or on the order of the Directors or of said officer, employee or agent. Every obligation, contract, undertaking, instrument, certificate, interest or obligation or Share, other security of the CompanyCompany or undertaking, and every other act or thing whatsoever executed in connection with the Company, Company shall be conclusively presumed to have been executed or done by the executors thereof only in their capacity as Directors under this Agreement or in their capacity as officers, employees or agents of the Company. Every written obligation, contract, instrument, certificate or certificate, Share, other interest or undertaking security of the Company or undertaking made or sold issued by the Directors or by any officer, employee or agent of the Company, in his capacity as such, may contain an appropriate recital to the effect that the Holders, Directors, officers, employees and agents officers of the Company shall may recite that the same is executed or made by such Persons not personally be bound by individually, but as a Director or liable thereunder, nor shall resort be had to their private property for the satisfaction of any obligation or claim thereunderofficer under this Agreement, and appropriate references shall be made therein to this Agreementthat the obligations of the Company under any such instrument are not binding upon any of the Directors, officers or Shareholders individually, but bind only the Company Property, and may contain any further recital that they which the Directors may deem appropriate, but the omission of such recital shall not operate to impose personal liability on any bind the Directors, officers or Shareholders individually. The Directors may maintain insurance for the protection of the HoldersCompany Property and the Company's Shareholders, Directors, officers, employees or and agents of in such amounts as the CompanyDirectors shall deem adequate to cover possible tort liability, and such other insurance as the Directors in their sole judgment shall deem advisable.

No Duty of Investigation; Notice in Company Instruments, etc. No purchaser, lender, seller or other Person dealing with the Directors or with any officer, employee or agent of the Company shall be bound to make any inquiry concerning the validity of any transaction purporting to be made by the Directors or by said officer, employee or agent or be liable for the application of money or property paid, lent or delivered to or on the order of the Directors or of said officer, employee or agent. Every contract, undertaking, instrument, certificate, interest or obligation or other security of the Company, and every other act or thing whatsoever executed in connection with the Company, shall be conclusively presumed to have been executed or done by the executors thereof only in their capacity as Directors under this Agreement or in their capacity as officers, employees or agents of the Company. Every written obligation, contract, instrument, certificate or other interest or undertaking of the Company made or sold by the Directors or by any officer, employee or agent of the Company, in his or her capacity as such, may contain an appropriate recital to the effect that the Holders, Directors, officers, employees and agents of the Company shall not personally be bound by or liable thereunder, nor shall resort be had to their private property for the satisfaction of any obligation or claim thereunder, and appropriate references shall be made therein to this Agreement, and may contain any further recital that which they may deem appropriate, but the omission of such recital shall not operate to impose personal liability on any of the Holders, Directors, officers, employees or agents of the Company.

No Duty of Investigation; Notice in Company Instruments, etc. No purchaser, lender, seller transfer agent or other Person dealing with the Directors or with any officer, employee or agent of the Company shall be bound to make any inquiry concerning the validity of any transaction purporting to be made by the Directors or by said officer, employee or agent or be liable for the application of money or property paid, lent loaned, or delivered to or on the order of the Directors or of said officer, employee or agent. Every obligation, contract, undertaking, instrument, certificate, interest or obligation or Share, other security of the CompanyCompany or undertaking, and every other act or thing whatsoever executed in connection with the Company, Company shall be conclusively presumed to have been executed or done by the executors thereof only in their capacity as Directors under this Agreement or in their capacity as officers, employees or agents of the Company. Every written obligation, contract, instrument, certificate or certificate, Share, other interest or undertaking security of the Company or undertaking made or sold issued by the Directors or by any officer, employee or agent of the Company, in his capacity as such, may contain an appropriate recital to the effect that the Holders, Directors, officers, employees and agents officers of the Company shall may recite that the same is executed or made by such Persons not personally be bound by individually, but as a Director or liable thereunder, nor shall resort be had to their private property for the satisfaction of any obligation or claim thereunderofficer under this Agreement, and appropriate references shall be made therein to this Agreementthat the obligations of the Company under any such instrument are not binding upon any of the Directors, officers or Shareholders individually, but bind only the Company Property of the applicable Series, and may contain any further recital that they which the Directors may deem appropriate, but the omission of such recital shall not operate to impose personal liability on any bind the Directors, officers or Shareholders individually. The Directors may maintain insurance for the protection of the HoldersCompany Property and the Companys Shareholders, Directors, officers, employees or and agents of in such amounts as the CompanyDirectors shall deem adequate to cover possible tort liability, and such other insurance as the Directors in their sole judgment shall deem advisable.