Common use of No Personal Liability of Directors, Officers, Employees and Stockholders Clause in Contracts

No Personal Liability of Directors, Officers, Employees and Stockholders. No director, officer, employee, incorporator or stockholder of the Company, as such, will have any liability for any Obligation of the Company under the Notes or this Indenture or for any claim based on, in respect of, or by reason of, such Obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 11 contracts

Samples: Indenture (Cit Group Inc), Indenture (Cit Group Inc), Fourth Supplemental Indenture (Cit Group Inc)

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No Personal Liability of Directors, Officers, Employees and Stockholders. No past, present or future director, officer, employee, incorporator or stockholder of the Company, as such, will shall have any liability for any Obligation obligations of the Company under the Notes or Notes, this Indenture or for any claim based on, in respect of, or by reason of, such Obligations obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The Such waiver may not be effective to waive liabilities under the federal securities lawslaws and it is the view of the Commission that such a waiver is against public policy.

Appears in 6 contracts

Samples: Collateral Agent Agreement (Arch Wireless Inc), Collateral Agent Agreement (Arch Wireless Inc), Collateral Agent Agreement (Arch Wireless Inc)

No Personal Liability of Directors, Officers, Employees and Stockholders. No director, officer, employee, incorporator or stockholder of the CompanyIssuer, as such, will have any liability for any Obligation obligations of the Company Issuer under the Notes or Notes, this Indenture or for any claim based on, in respect of, or by reason of, such Obligations obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 5 contracts

Samples: Indenture (Broadcom Inc.), Indenture (Broadcom Inc.), Indenture (Broadcom Inc.)

No Personal Liability of Directors, Officers, Employees and Stockholders. No director, officer, employee, incorporator or stockholder of the Company, as such, will shall have any liability for any Obligation obligations of the Company under the Notes or this Indenture or for any claim based on, in respect of, or by reason of, such Obligations obligations or their creation. Each Holder of Notes Notes, by accepting a Note Note, waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The Such waiver may not be effective to waive liabilities under the federal securities lawslaws and it is the view of the Commission that such a waiver is against public policy.

Appears in 5 contracts

Samples: Indenture (Range Resources Corp), Indenture (Cumulus Media Inc), Forcenergy Inc

No Personal Liability of Directors, Officers, Employees and Stockholders. No past, present or future director, officer, employee, incorporator or stockholder of the Company, as such, will shall have any liability for any Obligation obligations of the Company under the Notes or Notes, this Indenture or for any claim based on, in respect of, or by reason of, such Obligations obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 5 contracts

Samples: Indenture (Genco Shipping & Trading LTD), Indenture (Genco Shipping & Trading LTD), Indenture (Genco Shipping & Trading LTD)

No Personal Liability of Directors, Officers, Employees and Stockholders. No past, present or future director, officer, employee, incorporator or stockholder of the Company, as such, will have any liability for any Obligation obligations of the Company under the Notes or Notes, this Indenture or for any claim based on, in respect of, or by reason of, such Obligations obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 4 contracts

Samples: Indenture (Usinternetworking Inc), Indenture (Usinternetworking Inc), Usinternetworking Inc

No Personal Liability of Directors, Officers, Employees and Stockholders. No director, officer, employee, incorporator or stockholder of the Company, as such, will have any liability for any Obligation obligations of the Company under the Notes or this Indenture Indenture, or for any claim based on, in respect of, or by reason of, such Obligations obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 3 contracts

Samples: Indenture (Calpine Corp), Indenture (Calpine Corp), Indenture (Calpine Corp)

No Personal Liability of Directors, Officers, Employees and Stockholders. No director, officer, employee, incorporator or stockholder of either of the Company, as such, Issuers will have any liability for any Obligation obligations of the Company Issuers under the Notes or Notes, this Indenture Indenture, the Security Documents or for any claim based on, in respect of, or by reason of, such Obligations obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 3 contracts

Samples: Transaction Support Agreement (Peabody Energy Corp), Indenture (Peabody Energy Corp), Indenture (Peabody Energy Corp)

No Personal Liability of Directors, Officers, Employees and Stockholders. No director, officer, employee, incorporator or stockholder of the Company, as such, will shall have any liability for any Obligation obligations of the Company under the Notes or Notes, this Indenture or for any claim based on, in respect of, or by reason of, such Obligations obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The Such waiver may not be effective to waive liabilities under the federal securities lawslaws and it is the view of the Commission that such a waiver is against public policy.

Appears in 3 contracts

Samples: Supplemental Indenture (MST Enterprises Inc), K&f Industries Inc, National Equipment Services Inc

No Personal Liability of Directors, Officers, Employees and Stockholders. No director, officer, employee, incorporator or stockholder of the CompanyIssuers, as such, will have any liability for any Obligation obligations of the Company Issuers under the Notes or Notes, this Indenture or for any claim based on, in respect of, or by reason of, such Obligations obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 2 contracts

Samples: Indenture (Broadcom LTD), Indenture (Broadcom Cayman L.P.)

No Personal Liability of Directors, Officers, Employees and Stockholders. No director, officer, employee, incorporator or stockholder of the Company, as such, will shall have any liability for any Obligation obligations of the Company under the Notes or and this Indenture or for any claim based on, in respect of, or by reason of, such Obligations obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The Such waiver may not be effective to waive liabilities under the federal securities lawslaws and it is the view of the Commission that such a waiver is against public policy.

Appears in 2 contracts

Samples: Indenture (L 3 Communications Holdings Inc), Southern California Microwave Inc

No Personal Liability of Directors, Officers, Employees and Stockholders. No director, officer, employee, incorporator or stockholder of the CompanyIssuer or of any Guarantor, as such, will shall have any liability for any Obligation obligations of the Company Issuer or the Guarantors under the Notes or Securities, this Indenture Indenture, the Guarantees or for any claim based on, in respect of, or by reason of, such Obligations obligations or their creation. Each Holder of Notes Securities by accepting a Note Securities waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 2 contracts

Samples: Supplemental Indenture (Keystone Automotive Operations Inc), Supplemental Indenture (Keystone Automotive Operations Inc)

No Personal Liability of Directors, Officers, Employees and Stockholders. No director, officer, employee, incorporator or stockholder of the CompanyCompany or any Guarantor, as such, will have any liability for any Obligation obligations of the Company or the Guarantors under the Notes or this Indenture Note Documents or for any claim based on, in respect of, or by reason of, such Obligations obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 2 contracts

Samples: Indenture (Carmike Cinemas Inc), Indenture (Carmike Cinemas Inc)

No Personal Liability of Directors, Officers, Employees and Stockholders. No director, officer, employee, incorporator or stockholder of the CompanyParent or of any Subsidiary of Parent, as such, will shall have any liability for any Obligation obligations of Parent or the Company Guarantors under the Notes or Notes, this Indenture Indenture, the Note Guarantees or for any claim based on, in respect of, or by reason of, such Obligations obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 2 contracts

Samples: Indenture (LKQ Corp), Supplemental Indenture (LKQ Corp)

No Personal Liability of Directors, Officers, Employees and Stockholders. No director, officer, affiliate, employee, incorporator incorporator, member or stockholder shareholder of the Company, as such, Issuer will have any liability for any Obligation obligations of the Company Issuer under the Notes or this the Indenture or for any claim based on, in respect of, or by reason of, of such Obligations obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the U.S. federal securities laws.

Appears in 2 contracts

Samples: North Atlantic Drilling Ltd., North Atlantic Drilling Ltd.

No Personal Liability of Directors, Officers, Employees and Stockholders. No director, officer, employee, incorporator or stockholder of the CompanyCompany or any Guarantor, as such, will have any liability for any Obligation obligations of the Company or the Guarantor under the Notes or this Indenture Note Documents or for any claim based on, in respect of, or by reason of, such Obligations obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 1 contract

Samples: Indenture (United Airlines, Inc.)

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No Personal Liability of Directors, Officers, Employees and Stockholders. No director, officer, employee, incorporator or stockholder of the Company, as such, will have any liability for any Obligation obligations of the Company under the Notes or Securities, this Indenture or for any claim based on, in respect of, or by reason of, such Obligations obligations or their creation. Each Holder of Notes Securities by accepting a Note Security waives and releases all such liability. The waiver and release are part of the consideration for issuance of the NotesSecurities. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 1 contract

Samples: Indenture (Fortive Corp)

No Personal Liability of Directors, Officers, Employees and Stockholders. No director, officer, employee, incorporator or stockholder of the CompanyIssuer or of any Subsidiary of the Issuer, as such, will shall have any liability for any Obligation obligations of the Company Issuer or the Guarantors under the Notes or Notes, this Indenture Indenture, the Note Guarantees or for any claim based on, in respect of, or by reason of, such Obligations obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 1 contract

Samples: Indenture (LKQ Corp)

No Personal Liability of Directors, Officers, Employees and Stockholders. No director, officer, employee, incorporator or stockholder of the CompanyCompany or any Guarantor, as such, will have any liability for any Obligation obligations of the Company or the Guarantors under the Notes or this Indenture Note Documents or for any claim based on, in respect of, or by reason of, such Obligations obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws.. 110

Appears in 1 contract

Samples: United Air Lines Inc

No Personal Liability of Directors, Officers, Employees and Stockholders. No past, present or future director, officer, employee, incorporator or stockholder of the Company, as such, will have any liability for any Obligation obligations of the Company under the Notes or this Indenture or for any claim based on, in respect of, or by reason of, such Obligations obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 1 contract

Samples: Indenture (Melco Resorts & Entertainment LTD)

No Personal Liability of Directors, Officers, Employees and Stockholders. No director, officer, employee, incorporator or stockholder of the Company, as such, will shall have any liability for any Obligation obligations of the Company under the Notes or Notes, this Indenture or for any claim based on, in respect of, or by reason of, such Obligations obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such these individuals from this liability. The This waiver and release are part of the consideration for issuance of the Notes. The This waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 1 contract

Samples: Longview Fibre Co

No Personal Liability of Directors, Officers, Employees and Stockholders. No director, officer, employee, incorporator or stockholder of the CompanyIssuer, as such, will have any liability for any Obligation obligations of the Company Issuer under the Notes or Notes, this Indenture or for any claim based on, in respect of, or by reason of, such Obligations obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws.. Table of Contents

Appears in 1 contract

Samples: Indenture (Broadcom Inc.)

No Personal Liability of Directors, Officers, Employees and Stockholders. No director, officer, employee, incorporator or stockholder of the CompanyIssuer or of any Subsidiary, as such, will shall have any liability for any Obligation obligations of the Company Issuer or the Guarantors under the Notes or Notes, this Indenture Indenture, the Note Guarantees or for any claim based on, in respect of, or by reason of, such Obligations obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 1 contract

Samples: Indenture (LKQ Corp)

No Personal Liability of Directors, Officers, Employees and Stockholders. No director, officer, employee, incorporator or stockholder of the Company, as such, will have any liability for any Obligation obligations of the Company under the Notes or Notes, this Indenture Indenture, or for any claim based on, in respect of, or by reason of, such Obligations obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 1 contract

Samples: Indenture (Maxcom Telecommunications Inc)

No Personal Liability of Directors, Officers, Employees and Stockholders. No director, officer, employee, incorporator or stockholder of the CompanyCompany or any Guarantor, as such, will have any liability for any Obligation obligations of the Company or the Guarantors under the Notes or this Indenture Note Documents or for any claim based on, in respect of, or by reason of, such Obligations obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws.. 112

Appears in 1 contract

Samples: United Air Lines Inc

No Personal Liability of Directors, Officers, Employees and Stockholders. No director, officer, employee, incorporator or stockholder of the CompanyCompany or any Guarantor, as such, will have any liability for any Obligation obligations of the Company or the Guarantors under the Notes or this Indenture Note Documents or for any claim based on, in respect of, or by reason of, such Obligations obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws.

Appears in 1 contract

Samples: Indenture (Continental Airlines Inc /De/)

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