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 Issuer or any Guarantor shall have any liability for any obligations of the Issuer under the Notes or this Indenture or of any Guarantor under its Note Guarantee or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes and the Note Guarantees.

No Personal Liability of Directors, Officers, Employees, Incorporators and Stockholders. No director, officer, employee, incorporator or stockholder of the Issuer or any Guarantor Subsidiary of the Issuer shall have any liability for any obligations of the Issuer or the Guarantors under the Notes or Notes, the Guarantees, this Indenture or of any Guarantor under its Note Guarantee the Security Documents or for any claim based on, in respect of, or by reason of, of such obligations or their creation. Each Holder by accepting a Note Notes waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes and the Note GuaranteesNotes.

No Personal Liability of Directors, Officers, Employees, Incorporators and Stockholders. No director, officer, employee, incorporator or stockholder of the Issuer or of any Guarantor Subsidiary of the Issuer, as such, shall have any liability for any obligations of the Issuer or the Guarantors under the Notes or Notes, this Indenture or of any Guarantor under its the Note Guarantee Guarantees or for any claim based on, in respect of, or by reason of, 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 and the Note Guarantees.