No Future Liability Sample Clauses
The "No Future Liability" clause serves to limit or eliminate a party's responsibility for obligations or claims that may arise after a contract has ended or after a specific event has occurred. In practice, this means that once the agreement is terminated or fulfilled, neither party can be held liable for any new issues, damages, or claims that surface in the future related to the contract. This clause is essential for providing finality and certainty, ensuring that parties are not exposed to indefinite or unforeseen liabilities once their contractual relationship concludes.
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No Future Liability. Following the sale of any Note or portion thereof by the Purchasers to any subsequent Purchasers pursuant to the terms hereof, the Purchasers shall not be liable or responsible to the Issuer for any losses, damages or liabilities suffered or incurred by the Issuer, including any losses, damages or liabilities under the Securities Act, arising from or relating to any resale or transfer of any security previously sold by the Purchaser in compliance with this Section 12.06.
No Future Liability. Following the sale of the Securities or ------------------- the Warrant Shares by any Purchaser to Subsequent Purchasers in accordance with the terms of this Section 9, such Purchaser shall not be liable or responsible to the Issuer for any losses, damages or liabilities suffered or incurred by the Issuer, including any losses, damages or liabilities under the Securities Act, arising from or relating to any resale or transfer of any Security or the Warrant Shares previously sold by such Purchaser in compliance with this Section 9.01.
No Future Liability. 36 (f) Securities Act Restrictions........................................................36 9.02.
No Future Liability. Following the sale of the Notes by any Lender to any subsequent Lender pursuant to the terms hereof, the selling Lender shall not be liable or responsible to the Borrowers for any losses, damages or liabilities suffered or incurred by Holdings or the Borrowers, including any losses, damages or liabilities under the Securities Act, arising from or relating to any resale or transfer of any Note previously sold by such Lender in compliance with this Section 12.05.