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

No Personal Liability of Directors, Officers, Employees, Incorporators and Stockholders. No director, officer, employee, incorporator or stockholder of the Company, any Subsidiary Guarantor or any Subsidiary of any thereof shall have any liability for any obligation of the Company or any Subsidiary Guarantor under this Indenture, the Notes or any Subsidiary Guarantee, or for any claim based on, in respect of, or by reason of, any such obligation or its creation. Each Noteholder, by accepting the Notes, waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes.

Appears in 25 contracts

Samples: Supplemental Indenture (Frontdoor, Inc.), Supplemental Indenture (Servicemaster Global Holdings Inc), Core & Main, Inc.

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No Personal Liability of Directors, Officers, Employees, Incorporators and Stockholders. No director, officer, employee, incorporator incorporator, shareholder or stockholder other holder of Equity Interests of the CompanyCompany or the Subsidiary Guarantors, any Subsidiary Guarantor or any Subsidiary of any thereof as such, shall have any liability for any obligation obligations of the Company or any the Subsidiary Guarantor Guarantors under this Indenturethe Notes, the Notes or any Subsidiary GuaranteeGuarantees, the Indenture or for any claim based on, in respect of, or by reason of, any such obligation obligations or its their creation. Each Noteholder, Holder of Notes by accepting the Notes, 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 8 contracts

Samples: Indenture (Lyondell Chemical Co), Supplemental Indenture (Lyondell Chemical Co), Supplemental Indenture (Lyondell Refining LP, LLC)

No Personal Liability of Directors, Officers, Employees, Incorporators and Stockholders. No director, officer, employee, incorporator or stockholder stockholder, as such, of the Company, any Subsidiary Guarantor or any Subsidiary of any thereof shall have any liability for any obligation of the Company or any Subsidiary Guarantor under this Supplemental Indenture, the Notes or any Subsidiary Guarantee, or for any claim based on, in respect of, or by reason of, any such obligation or its creation. Each NoteholderHolder, by accepting the Notes, waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes.

Appears in 7 contracts

Samples: Supplemental Indenture (Graphic Packaging Holding Co), Supplemental Indenture (Graphic Packaging International, LLC), Graphic Packaging Holding Co

No Personal Liability of Directors, Officers, Employees, Incorporators and Stockholders. No director, officer, employee, incorporator or stockholder stockholder, as such, of the Company, any Subsidiary Guarantor or any Subsidiary of any thereof shall have any liability for any obligation of the Company or any Subsidiary Guarantor under this Indenture, the Notes or any Subsidiary Guarantee, or for any claim based on, in respect of, or by reason of, any such obligation or its creation. Each Noteholder, by accepting the Notes, waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes.

Appears in 5 contracts

Samples: Indenture (VWR International, Inc.), Indenture (VWR International, Inc.), VWR Funding, Inc.

No Personal Liability of Directors, Officers, Employees, Incorporators and Stockholders. No director, officer, employee, incorporator or stockholder stockholder, as such, of the Company, any Subsidiary Note Guarantor or any Subsidiary of any thereof shall have any liability for any obligation of the Company or any Subsidiary Note Guarantor under this Indenture, the Notes or any Subsidiary Note Guarantee, or for any claim based on, in respect of, or by reason of, any such obligation or its creation. Each NoteholderHolder, by accepting the Notes, 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 (Graphic Packaging Holding Co), Supplemental Indenture (Graphic Packaging Holding Co), Graphic Packaging Holding Co

No Personal Liability of Directors, Officers, Employees, Incorporators and Stockholders. No director, officer, employee, incorporator or stockholder of the CompanyIssuers, any Subsidiary Guarantor or any Subsidiary of any thereof shall have any liability for any obligation of the Company Issuers or any Subsidiary Guarantor under this Indenture, the Notes or any Subsidiary Guarantee, or for any claim based on, in respect of, or by reason of, any such obligation or its creation. Each Noteholder, by accepting the Notes, 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: RSC Equipment Rental, Inc., RSC Equipment Rental, Inc., RSC Equipment Rental, Inc.

No Personal Liability of Directors, Officers, Employees, Incorporators and Stockholders. No director, officer, employee, incorporator or stockholder of the Company, any Subsidiary Guarantor or any Subsidiary of any thereof shall have any liability for any obligation of the Company or any Subsidiary Guarantor under this Indenture, the Notes or any Subsidiary Guarantee, or for any claim based on, in respect of, or by reason of, any such obligation or its creation. Each NoteholderHolder, by accepting the Notes, 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 (Hertz Corp), Hertz Corp, Hertz Corp

No Personal Liability of Directors, Officers, Employees, Incorporators and Stockholders. No director, officer, employee, incorporator or stockholder stockholder, as such, of the Company, any Subsidiary Note Guarantor or any Subsidiary of any thereof shall have any liability for any obligation of the Company or any Subsidiary Note Guarantor under this Indenture, the Notes or any Subsidiary Note Guarantee, or for any claim based on, in respect of, or by reason of, any such obligation or its creation. Each Noteholder, by accepting the Notes, 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 (Graphic Packaging Corp), Indenture (Graphic Packaging Corp)

No Personal Liability of Directors, Officers, Employees, Incorporators and Stockholders. No director, officer, employee, incorporator incorporator, shareholder or stockholder other holder of Equity Interests of the CompanyCompany or the Subsidiary Guarantors, any Subsidiary Guarantor or any Subsidiary of any thereof as such, shall have any liability for any obligation obligations of the Company or any the Subsidiary Guarantor Guarantors under this Indenturethe Notes, the Notes or any Subsidiary GuaranteeGuarantees, this Indenture or for any claim based on, in respect of, or by reason of, any such obligation obligations or its their creation. Each Noteholder, Holder by accepting the Notes, 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 2 contracts

Samples: Supplemental Indenture (Lyondell Houston Refinery Inc.), Indenture (Lyondell Chemical Co)

No Personal Liability of Directors, Officers, Employees, Incorporators and Stockholders. No past, present or future director, officer, employee, incorporator incorporator, partner, member, shareholder or stockholder agent of the Company, any Subsidiary Guarantor Company or any Subsidiary of any thereof Guarantor, as such, shall have any liability for any obligation Obligations of the Company or any Subsidiary Guarantor under this Indenture, the Notes or this Indenture or any Subsidiary Guarantee, obligations of such Guarantor under its Guarantee or this Indenture or for any claim based on, in respect of, or by reason of, any such obligation or its creationobligations. Each Noteholder, Holder by accepting the Notes, a Note waives and releases all such liability. The Such waiver and release are form a part of the consideration for issuance of the NotesNotes and the Guarantees.

Appears in 1 contract

Samples: Nations Title Co Inc

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No Personal Liability of Directors, Officers, Employees, Incorporators and Stockholders. No director, officer, employee, incorporator incorporator, member or stockholder stockholder, as such, of the Company, any Subsidiary Note Guarantor or any Subsidiary of any thereof shall have any liability for any obligation of the Company or any Subsidiary Note Guarantor under this Indenture, the Notes or any Subsidiary Note Guarantee, or for any claim based on, in respect of, or by reason of, any such obligation or its creation. Each Noteholder, by accepting the Notes, 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: Refinancing Agreement (Relocation Management Systems Inc)

No Personal Liability of Directors, Officers, Employees, Incorporators and Stockholders. No director, officer, employee, incorporator or stockholder of the Company, any Subsidiary Guarantor or any Subsidiary of any thereof shall have any liability for any obligation of the Company Company, or any Subsidiary Guarantor under this Indenture, the Notes or any Subsidiary Guarantee, or for any claim based on, in respect of, or by reason of, any such obligation or its creation. Each Noteholder, by accepting the Notes, 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: Great North Imports, LLC

No Personal Liability of Directors, Officers, Employees, Incorporators and Stockholders. No director, officer, employee, incorporator or stockholder stockholder, as such, of the Company, the Issuers, any Subsidiary Note Guarantor or any Subsidiary of any thereof shall have any liability for any obligation of the Company Company, or any Subsidiary Guarantor Issuer under this Indenture, the Notes or Notes, any Subsidiary Note Guarantee, or for any claim based on, in respect of, or by reason of, any such obligation or its creation. Each Noteholder, by accepting the Notes, 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: Pledge and Guarantee Agreement (Consolidated Communications Texas Holdings, Inc.)

No Personal Liability of Directors, Officers, Employees, Incorporators and Stockholders. No director, manager, officer, employee, incorporator incorporator, member or stockholder of the Companyany Issuer or Subsidiary Guarantor, any Subsidiary Guarantor or any Subsidiary of any thereof as such, shall have any liability for any obligation obligations of the Company such Issuer or any Subsidiary Guarantor under this Indenturethe Notes, Subsidiary Guarantees or the Notes or any Subsidiary Guarantee, Indenture or for any claim based on, in respect of, or by reason of, any such obligation obligations or its their creation. Each Noteholder, Holder of Notes by accepting the Notes, 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: Triarc Companies Inc

No Personal Liability of Directors, Officers, Employees, Incorporators and Stockholders. No director, officer, employee, incorporator or stockholder stockholder, as such, of the Company, any Subsidiary Guarantor or any Subsidiary of any thereof shall have any liability for any obligation of the Company or any Subsidiary Guarantor under this Supplemental Indenture, each series of the Notes or any Subsidiary Guarantee, or for any claim based on, in respect of, or by reason of, any such obligation or its creation. Each NoteholderHolder, by accepting each series of the Notes, waives and releases all such liability. The waiver and release are part of the consideration for issuance of each series of the Notes.

Appears in 1 contract

Samples: Indenture (Graphic Packaging International, LLC)

No Personal Liability of Directors, Officers, Employees, Incorporators and Stockholders. No A director, officer, employee, incorporator or stockholder stockholder, as such, of the Company, any Subsidiary Guarantor or any Subsidiary of any thereof other obligor on the Notes shall not have any liability for any obligation obligations of the Company Company, any Guarantor or any Subsidiary Guarantor other obligor, as the case may be, under the Notes, this Indenture, the Notes Indenture or any Subsidiary Guarantee, Note Guarantee or for any claim based on, in respect of, of or by reason of, any of such obligation obligations or its their creation. Each Noteholder, Holder by accepting the Notes, 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: Remington Arms Co Inc/

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