No Personal Liability of Directors, Officers. Employees and ----------------------------------------------------------- Stockholders. ------------ No director, officer, employee, incorporator or stockholder of the Company or any Subsidiary, as such, will have any liability for any obligations of the Company or any Subsidiary Guarantor under the Notes, this Indenture, any Subsidiary 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: Registration Rights Agreement (Sierra Pacific Resources /Nv/)
No Personal Liability of Directors, Officers. Employees and ----------------------------------------------------------- Stockholders. ------------ No past, present or future director, officer, employee, incorporator or stockholder of the Company or any Subsidiaryof its Subsidiaries, as such, will shall have any liability for any obligations Obligations of the Company or any Subsidiary Guarantor under the Notes, the Subsidiary Guarantees, this Indenture, any Subsidiary Guarantees, the Registration Rights Agreement or the Collateral 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. Such waiver may not be effective to waive liabilities under the federal securities laws and it is the view of the Commission that such a waiver is against public policy.
Appears in 1 contract
No Personal Liability of Directors, Officers. Employees and ----------------------------------------------------------- Stockholders. ------------ No past, present or future director, officer, employee, incorporator or stockholder of the Company or any SubsidiaryGuarantor, as such, will shall have any liability for any obligations of the Company or any Subsidiary Guarantor under the Notes, this Indenture, any Subsidiary the Note Guarantees, 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 Note Guarantees. Such waiver may not be effective to waive liabilities under the federal securities laws and it is the view of the SEC that such a waiver is against public policy.
Appears in 1 contract
Samples: Ipcs Inc
No Personal Liability of Directors, Officers. Employees and ----------------------------------------------------------- StockholdersEmployees, -------------------------------------------------------- Stockholders or Incorporators. ------------ ----------------------------- No director, officer, employee, incorporator or stockholder stockholders, as such, of the Company or any Subsidiary, as such, will Guarantor of the Notes shall have any liability for any obligations of the Company or any Subsidiary such Guarantor under the Notes, this Indenture, Indenture or any Subsidiary Guarantees, Guarantee of the Notes or for any claim based on, in respect of, or by reason of, such obligations or their creationcreations. Each Holder of Notes by accepting a Note waives and releases all such liability. The Such waiver and release are part of the consideration for the issuance of the Notes.
Appears in 1 contract
Samples: Paragon Health Network Inc
No Personal Liability of Directors, Officers. Employees and ----------------------------------------------------------- Stockholders. ------------ No past, present or future director, officer, employee, incorporator or stockholder of the Company Companies or any SubsidiaryGuarantor, as such, will shall have any liability for any obligations of the Company Companies or any Subsidiary Guarantor of the Guarantors under the Notes, this Indenture, any Subsidiary Guarantees, the 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.. The waiver and release may not be effective to waive or release liabilities under the federal securities laws. 84
Appears in 1 contract
Samples: Twi Holdings Inc
No Personal Liability of Directors, Officers. Employees and ----------------------------------------------------------- Stockholders. ------------ No director, officer, employee, incorporator or stockholder of the ------------ Company or any SubsidiaryGuarantor, as such, will shall have any liability for any obligations of the Company or any Subsidiary Guarantor the Guarantors under the Notes, this Indenture, any the Subsidiary Guarantees, 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. Such waiver may not be effective to waive liabilities under the federal securities laws and it is the view of the SEC that such a waiver is against public policy.
Appears in 1 contract
Samples: Just for Feet Specialty Stores Inc
No Personal Liability of Directors, Officers. Employees and ----------------------------------------------------------- Stockholders. ------------ No director, officer, employee, incorporator incorporator, member or stockholder of the Company Company, ASI or any SubsidiaryGuarantor (or of any holder of an Equity Interest in any of them), as such, will shall have any liability for any obligations of the Company Issuers or any Subsidiary Guarantor the Guarantors under the Notes, this the Indenture, any Subsidiary Guarantees, 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. The waiver may not be effective to waive liabilities under the federal securities laws.
Appears in 1 contract
Samples: Article Twelve Satisfaction And (American Seafoods Inc)
No Personal Liability of Directors, Officers. Employees and ----------------------------------------------------------- StockholdersShareholders. ------------ No director, officer, employee, incorporator or stockholder of the Company Issuers, or any SubsidiaryGuarantor, as such, will shall have any liability for any obligations Obligations of the Company Issuers or any Subsidiary Guarantor of the Guarantors under the Notes, this Indenture, any Subsidiary Guarantees, 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 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. The waiver and release may not be effective to waive liabilities under the federal securities laws.
Appears in 1 contract
Samples: CBD Media LLC
No Personal Liability of Directors, Officers. Employees and ----------------------------------------------------------- StockholdersEmployees, -------------------------------------------------------- Stockholders or Incorporators. ------------ ----------------------------- No director, officer, employee, incorporator or stockholder stockholder, as such, of the Company or any Subsidiary, as such, will Guarantor shall have any liability for any obligations of the Company or any Subsidiary such Guarantor under the Notes, this Indenture, Indenture or any Subsidiary Guarantees, Guarantee or for any claim based on, in respect of, or by reason of, such obligations or their creationcreations. Each Holder of Notes by accepting a Note waives and releases all such liability. The Such waiver and release are part of the consideration for the issuance of the Notes.
Appears in 1 contract
Samples: Scovill Holdings Inc
No Personal Liability of Directors, Officers. Employees and ----------------------------------------------------------- StockholdersEMPLOYEES AND ------------------------------------------------------------ STOCKHOLDERS. ------------ ------------- No director, officer, employee, incorporator or stockholder of the Company or any SubsidiaryGuarantor, as such, will shall have any liability for any obligations of the Company or any Subsidiary Guarantor under the Notes, this Indenture, any the Subsidiary Guarantees, 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 the issuance of the Notes. Such waiver may not be effective to waive liabilities under the federal securities laws and it is the view of the SEC that such a waiver is against public policy.
Appears in 1 contract
Samples: Indenture (Inex Corp)