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

No Personal Liability of Directors, Officers, Employees and Unitholders. None of the General Partner or any past, present or future director, officer, partner, employee, incorporator, manager or unitholder or other owner of Capital Stock of the General Partner, the Issuers or any Guarantor, as such, shall have any liability for any obligations of the Issuers or any Guarantor under the Notes, the Subsidiary Guarantees 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.

Appears in 29 contracts

Samples: Supplemental Indenture (Genesis Energy Lp), Indenture (Genesis Energy Lp), Indenture (Calumet Specialty Products Partners, L.P.)

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No Personal Liability of Directors, Officers, Employees and Unitholders. None of the General Partner or any past, present or future director, officer, partner, employee, incorporator, manager or manager, unitholder or other owner of Capital Stock of the General Partner, the Issuers or any Guarantor, as such, shall will have any liability for any obligations of the Issuers or any Guarantor the Guarantors under the Notes, the Subsidiary Guarantees or this Indenture, the Note Guarantees, 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 NotesNotes and the Note Guarantees.

Appears in 10 contracts

Samples: Indenture (NGL Energy Partners LP), Indenture (CSI Compressco LP), Supplemental Indenture (NGL Energy Partners LP)

No Personal Liability of Directors, Officers, Employees and Unitholders. None of the General Partner or any past, present or future director, officer, partner, employee, incorporator, manager or unitholder or other owner of Capital Stock of the General Partner, the Issuers or any Guarantor, as such, shall will have any liability for any obligations of the Issuers or any Guarantor the Guarantors under the Notes, the Subsidiary Guarantees or this Indenture, the Note Guarantees 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.

Appears in 4 contracts

Samples: Indenture (SunCoke Energy Partners, L.P.), Indenture (SunCoke Energy Partners, L.P.), Indenture (SunCoke Energy Partners, L.P.)

No Personal Liability of Directors, Officers, Employees and Unitholders. None of the Neither General Partner or nor any past, present or future director, officer, partner, employee, incorporator, manager or unitholder or other owner of Capital Stock of the General PartnerIssuers, the Issuers General Partners or any Guarantor, as such, shall have any liability for any obligations of the Issuers or any Guarantor under the Notes, the Subsidiary Guarantees or this Indenture, 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.

Appears in 4 contracts

Samples: Indenture (Inergy L P), Supplemental Indenture (Inergy L P), Indenture (Inergy L P)

No Personal Liability of Directors, Officers, Employees and Unitholders. None of the General Partner or any past, present or future director, officer, partner, employee, incorporator, manager or unitholder or other owner of Capital Stock of the General Partner, the Ultimate General Partner, the Issuers or any Guarantor, as such, shall will have any liability for any obligations of the Issuers or any Guarantor the Guarantors under the Notes, the Subsidiary Guarantees or this Indenture, the Note Guarantees 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.

Appears in 2 contracts

Samples: Indenture (Exterran Partners, L.P.), Indenture (Exterran Partners, L.P.)

No Personal Liability of Directors, Officers, Employees and Unitholders. None of the General Partner or any past, present or future director, officer, partner, employee, incorporator, member, manager or unitholder or other owner of the Capital Stock of the General Partner, the Issuers or any Guarantor, as such, shall will have any liability for any obligations of the Issuers or any Guarantor the Guarantors under the Notes, this Indenture or the Subsidiary Note Guarantees 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.

Appears in 2 contracts

Samples: Indenture (Memorial Production Partners LP), Indenture (Memorial Production Partners LP)

No Personal Liability of Directors, Officers, Employees and Unitholders. None of the Managing General Partner, the General Partner or any past, present or future director, officer, partner, employee, incorporator, manager or unitholder or other owner of Capital Stock of the Managing General Partner, the General Partner, the Issuers or any Guarantor, as such, shall have any liability for any obligations of the Issuers or any Guarantor under the Notes, the Subsidiary Guarantees 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.

Appears in 1 contract

Samples: Supplemental Indenture (Crosstex Energy Lp)

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No Personal Liability of Directors, Officers, Employees and Unitholders. None of the General Partner or any past, present or future director, officer, partner, employee, incorporator, manager or unitholder or other owner of Capital Stock of the General Partner, the Issuers or any Guarantor, as such, shall have any liability for any obligations of the Issuers or any Guarantor under the Notes, the Subsidiary Guarantees 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.Notes and the Guarantees. 116

Appears in 1 contract

Samples: Indenture (Enviva Partners, LP)

No Personal Liability of Directors, Officers, Employees and Unitholders. None of the General Partner or any past, present or future director, officer, partner, employee, incorporator, manager or unitholder or other owner of Capital Stock of the General Partner, the Issuers or any Guarantor, as such, shall have any liability for any obligations of the Issuers or any Guarantor under the Notes, the Subsidiary Guarantees 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 NotesNotes and the Guarantees.

Appears in 1 contract

Samples: Indenture (Enviva Partners, LP)

No Personal Liability of Directors, Officers, Employees and Unitholders. None of Neither the General Partner or nor any past, present or future director, officer, partner, employee, incorporator, manager or unitholder or other owner of Capital Stock of the General PartnerIssuers, the Issuers General Partner or any Guarantor, as such, shall have any liability for any obligations of the Issuers or any Guarantor under the Notes, the Subsidiary Guarantees or this Indenture, 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.

Appears in 1 contract

Samples: Indenture (Inergy L P)

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