No Personal Liability of Directors, Officers, Employees and Unitholders. No director, officer, employee, incorporator or unitholder or other owner of any Capital Stock of the Company or any Guarantor, as such, will have any liability for any obligations of the Company or the Guarantors under the Notes, 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 (Viper Energy Partners LP), Supplemental Indenture (Oasis Petroleum Inc.), Indenture (Rattler Midstream Lp)
No Personal Liability of Directors, Officers, Employees and Unitholders. No director, officer, partner, employee, incorporator incorporator, manager or unitholder or other owner of any Capital Stock of the Company Issuers or any Guarantor, as such, will have any liability for any obligations of the Company Issuers or the Guarantors under the Notes, 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 3 contracts
Samples: Indenture (Archrock, Inc.), Indenture (Archrock Partners, L.P.), Indenture (Eagle Rock Energy Partners L P)
No Personal Liability of Directors, Officers, Employees and Unitholders. No director, officer, partner, employee, incorporator incorporator, manager or unitholder or other owner of any Capital Stock of the Company Issuers or any Guarantor, as such, will shall have any liability for any obligations of the Company Issuers or the Guarantors any Guarantor 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 (Legacy Reserves Inc.), Indenture (Legacy Reserves Lp)
No Personal Liability of Directors, Officers, Employees and Unitholders. No past, present or future director, officer, partner, employee, incorporator incorporator, manager or unitholder or other owner of any Capital Stock of the Company Issuers or any Guarantor, as such, will shall have any liability for any obligations of the Company Issuers or the Guarantors any Guarantor under the Notes, this Indenture, the any Note Guarantees or Documents 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 (Linn Energy, LLC)
No Personal Liability of Directors, Officers, Employees and Unitholders. No past, present or future director, officer, partner, employee, incorporator or incorporator, manager, unitholder or other owner of any Capital Stock of the Company Issuer or any Guarantor, as such, will have any liability for any obligations of the Company Issuer or the Guarantors under the Notes, this Indenture, the Note Guarantees Documents 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
No Personal Liability of Directors, Officers, Employees and Unitholders. No present, past or future director, officer, employee, incorporator or unitholder or other owner of any Capital Stock stockholder of the Company Issuer or any Guarantor, as such, will have any liability for any obligations of the Company Issuer or the Guarantors any Guarantor under the Notes, this Indenture, the Notes, the Note Guarantees or the Collateral Agreements or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Notes Holder, 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.
Appears in 1 contract
No Personal Liability of Directors, Officers, Employees and Unitholders. No director, officer, partner, employee, incorporator incorporator, manager or unitholder or other owner of any Capital Stock of the Company Issuers or any Guarantor, as such, will shall have any liability for any obligations of the Company Issuers or the Guarantors any Guarantor under the Notes, the 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 1 contract
Samples: Indenture (Legacy Reserves Inc.)
No Personal Liability of Directors, Officers, Employees and Unitholders. No director, officer, employee, incorporator or unitholder or other owner of any Capital Stock of the Company Issuers or any Guarantor, as such, will have any liability for any obligations of the Company Issuers or the Guarantors under the Notes, 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 1 contract
Samples: Supplemental Indenture (Oasis Midstream Partners LP)
No Personal Liability of Directors, Officers, Employees and Unitholders. No director, officer, partner, employee, incorporator incorporator, manager or unitholder or other owner of any Capital Stock of the Company Issuers or any Guarantor, as such, will shall have any liability for any obligations of the Company Issuers or the Guarantors any Guarantor under the Notes, this Indenturethe Subsidiary Guarantees, the Indenture or the Note Guarantees Documents, 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 the issuance of the Notes.
Appears in 1 contract
No Personal Liability of Directors, Officers, Employees and Unitholders. No director, officer, partner, employee, incorporator incorporator, manager or unitholder or other owner of any Capital Stock of the Company Parent, the Issuer or any Guarantor, as such, will have any liability for any obligations of the Company Issuer or the Guarantors under the Notes, 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 1 contract
No Personal Liability of Directors, Officers, Employees and Unitholders. No past, present or future director, officer, partner, employee, incorporator or incorporator, manager, unitholder or other owner of any Capital Stock of the Company Issuers or any Guarantor, as such, will have any liability for any obligations of the Company Issuers or the Guarantors under the Notes, this Indenture, the Note Guarantees Documents 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