Common use of No Liability of Certain Persons Clause in Contracts

No Liability of Certain Persons. No recourse under or upon any obligation, covenant or agreement of the Company in the Indenture or any indenture supplemental thereto or in any Note, or because of the creation of any Indebtedness represented thereby, shall be had against any past, present or future incorporator, shareholder, officer or director, as such, of the Company or of any successor, either directly or through the Company, or any successor corporation, under any constitution, statute or rule of law or by the enforcement of any assessment or otherwise, all such liability being expressly waived and released by the acceptance hereof and as part of the consideration for the issue hereof.

Appears in 10 contracts

Samples: Indenture (Citizens Communications Co), Indenture (Frontier Communications Corp), Indenture (Frontier Communications Corp)

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No Liability of Certain Persons. No recourse under or upon any obligation, covenant or agreement of the Company Issuer in the Indenture or any indenture supplemental thereto or in any Note, or because of the creation of any Indebtedness indebtedness represented thereby, shall be had against any past, present or future incorporator, shareholder, officer or director, as such, of the Company Issuer or of any successor, either directly or through the CompanyIssuer, or any successor corporation, under any constitution, statute or rule of law or by the enforcement of any assessment or otherwise, all such liability being expressly waived and released by the acceptance hereof and as part of the consideration for the issue hereof.

Appears in 3 contracts

Samples: Note Due (Citizens Communications Co), First Supplemental Indenture (Citizens Communications Co), Citizens Communications Co

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No Liability of Certain Persons. No recourse under or upon any obligation, covenant or agreement of the Company Issuer in the Indenture or any indenture supplemental thereto or in any Note, or because of the creation of any Indebtedness indebtedness represented thereby, shall be had against any past, present or future incorporator, shareholder, officer or director, as such, of the Company Issuer or of any successor, either directly or through the CompanyIssuer, or any successor corporation, under any constitution, statute or rule of law or by the enforcement of any assessment or C-8 otherwise, all such liability being expressly waived and released by the acceptance hereof and as part of the consideration for the issue hereof.

Appears in 1 contract

Samples: Citizens Communications Co

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