Common use of Non-Recourse to the General Partner; No Personal Liability of Officers, Directors, Employees or Partners Clause in Contracts

Non-Recourse to the General Partner; No Personal Liability of Officers, Directors, Employees or Partners. Obligations of the Partnership and a Subsidiary Guarantor under this Indenture and the Securities hereunder are non-recourse to the General Partner, and its respective Affiliates (other than the Partnership and a Subsidiary Guarantor), and payable only out of cash flow and assets of the Partnership and a Subsidiary Guarantor. The Trustee, and each Holder of a Security by its acceptance thereof, will be deemed to have agreed in this Indenture that (1) neither the General Partner nor its assets (nor any of its respective Affiliates other than the Partnership and a Subsidiary Guarantor, nor its respective assets) shall be liable for any of the obligations of the Partnership and a Subsidiary Guarantor under this Indenture or such Securities, and (2) no director, officer, employee, partner or unitholder, as such, of the Partnership and a Subsidiary Guarantor, the Trustee, the General Partner or any Affiliate of any of the foregoing entities shall have any personal liability in respect of the obligations of the Partnership and a Subsidiary Guarantor under this Indenture or such Securities by reason of his, her or its status.

Appears in 4 contracts

Samples: ETC Texas Pipeline, LTD, Heritage Operating Lp, Heritage Propane Partners L P

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Non-Recourse to the General Partner; No Personal Liability of Officers, Directors, Employees or Partners. Obligations of the Partnership and a Subsidiary the Guarantor under this Indenture and the Securities hereunder are non-recourse to the General Partner, and its respective Affiliates (other than the Partnership and a Subsidiary the Guarantor), and payable only out of cash flow and assets of the Partnership and a Subsidiary the Guarantor. The Trustee, and each Holder of a Security by its acceptance thereof, will be deemed to have agreed in this Indenture that (1) neither the General Partner nor its assets (nor any of its respective Affiliates other than the Partnership and a Subsidiary the Guarantor, nor its respective assets) shall be liable for any of the obligations of the Partnership and a Subsidiary the Guarantor under this Indenture or such Securities, and (2) no director, officer, employee, partner or unitholder, as such, of the Partnership and a Subsidiary the Guarantor, the Trustee, the General Partner or any Affiliate of any of the foregoing entities shall have any personal liability in respect of the obligations of the Partnership and a Subsidiary the Guarantor under this Indenture or such Securities by reason of his, her or its status.

Appears in 2 contracts

Samples: Martin Operating Partnership L.P., Martin Operating Partnership L.P.

Non-Recourse to the General Partner; No Personal Liability of Officers, Directors, Employees or Partners. Obligations of the Partnership and a Subsidiary Guarantor under this Indenture Indenture, the Securities and the Securities hereunder related Guarantees, if any, are non-recourse to the General Partner, and its respective Affiliates (other than the Partnership and a such Subsidiary Guarantor), and payable only out of cash flow and assets of the Partnership and a such Subsidiary Guarantor. The Trustee, and each Holder of a Security by its acceptance thereof, will be deemed to have agreed in this Indenture that (1) neither the General Partner nor its assets (nor any of its respective Affiliates other than the Partnership and a Subsidiary Guarantor, nor its respective assets) shall be liable for any of the obligations of the Partnership and a Subsidiary Guarantor under this Indenture Indenture, such Securities or such Securitiesrelated Guarantees, and (2) no director, manager, officer, employee, partner or unitholder, as such, of the Partnership and Partnership, a Subsidiary Guarantor, the Trustee, the General Partner, K-Sea General Partner GP LLC or any Affiliate of any of the foregoing entities shall have any personal liability in respect of the obligations of the Partnership and a Subsidiary Guarantor under this Indenture Indenture, such Securities or such Securities related Guarantees by reason of his, her or its status.

Appears in 2 contracts

Samples: Indenture (K-Sea Transportation Inc.), Indenture (K-Sea Transportation Inc.)

Non-Recourse to the General Partner; No Personal Liability of Officers, Directors, Employees or Partners. Obligations of the Partnership and a Subsidiary the Guarantor under this Indenture and the Securities hereunder are non-recourse to the General Partner, and its respective Affiliates (other than the Partnership and a Subsidiary the Guarantor), and payable only out of cash flow and assets of the Partnership and a Subsidiary the Guarantor. The Trustee, and each Holder of a Security by its acceptance thereof, will be deemed to have agreed in this Indenture that (1) neither the General Partner nor its such Affiliate's assets (nor any of its respective Affiliates other than the Partnership and a Subsidiary the Guarantor, nor its respective assets) shall be liable for any of the obligations of the Partnership and a Subsidiary the Guarantor under this Indenture or such Securities, and (2) no director, officer, employee, partner or unitholder, as such, of the Partnership and a Subsidiary the Guarantor, the Trustee, the General Partner or any Affiliate of any of the foregoing entities shall have any personal liability in respect of the obligations of the Partnership and a Subsidiary the Guarantor under this Indenture or such Securities by reason of his, her or its status.

Appears in 2 contracts

Samples: Martin Operating Partnership L.P., Martin Operating Partnership L.P.

Non-Recourse to the General Partner; No Personal Liability of Officers, Directors, Employees or Partners. Obligations of the Partnership and a Subsidiary the Guarantor under this Indenture and the Securities hereunder are non-recourse to the General Partner, and its respective Affiliates (other than the Partnership and a Subsidiary the Guarantor), and payable only out of cash flow and assets of the Partnership and a Subsidiary the Guarantor. The Trustee, and each Holder of a Security by its acceptance thereof, will be deemed to have agreed in this Indenture that (1) neither the General Partner nor its assets (nor any of its respective Affiliates other than the Partnership and a Subsidiary the Guarantor, nor its such Affiliate's respective assets) shall be liable for any of the obligations of the Partnership and a Subsidiary the Guarantor under this Indenture or such Securities, and (2) no director, officer, employee, partner or unitholder, as such, of the Partnership and a Subsidiary the Guarantor, the Trustee, the General Partner or any Affiliate of any of the foregoing entities shall have any personal liability in respect of the obligations of the Partnership and a Subsidiary the Guarantor under this Indenture or such Securities by reason of his, her or its status.

Appears in 2 contracts

Samples: Martin Operating Partnership L.P., Martin Operating Partnership L.P.

Non-Recourse to the General Partner; No Personal Liability of Officers, Directors, Employees or Partners. Obligations of the Partnership Partnership, and a Subsidiary the Guarantor under this Indenture and the Securities hereunder are non-recourse to the General Partner, and its respective Affiliates (other than the Partnership and a Subsidiary the Guarantor), and payable only out of cash flow and assets of the Partnership and a Subsidiary or the Guarantor. The Trustee, and each Holder of a Security by its acceptance thereof, will be deemed to have agreed in this Indenture that (1) neither the General Partner nor its assets (nor any of its respective Affiliates other than the Partnership and a Subsidiary the Guarantor, nor its respective assets) shall be liable for any of the obligations of the Partnership and a Subsidiary the Guarantor under this Indenture or such Securities, and (2) no director, officer, employee, partner or unitholder, as such, of the Partnership and a Subsidiary the Guarantor, the Trustee, the General Partner or any Affiliate of any of the foregoing entities shall have any personal liability in respect of the obligations of the Partnership and a Subsidiary the Guarantor under this Indenture or such Securities by reason of his, her or its status.

Appears in 2 contracts

Samples: Martin Operating Partnership L.P., Martin Operating Partnership L.P.

Non-Recourse to the General Partner; No Personal Liability of Officers, Directors, Employees or Partners. Obligations of the Partnership Partnership, the Guarantor and a Subsidiary Guarantor under this Indenture Indenture, the Securities and the Securities hereunder related Guarantees are non-recourse to the General Partner, and its respective Affiliates (other than the Partnership Partnership, the Guarantor and a such Subsidiary Guarantor), and payable only out of cash flow and assets of the Partnership Partnership, the Guarantor and a such Subsidiary Guarantor. The Trustee, and each Holder of a Security by its acceptance thereof, will be deemed to have agreed in this Indenture that (1) neither the General Partner nor its assets (nor any of its respective Affiliates other than the Partnership Partnership, the Guarantor and a Subsidiary Guarantor, nor its respective assets) shall be liable for any of the obligations of the Partnership Partnership, the Guarantor and a Subsidiary Guarantor under this Indenture Indenture, such Securities or such Securitiesrelated Guarantees, and (2) no director, manager, officer, employee, partner or unitholder, as such, of the Partnership and Partnership, the Guarantor, a Subsidiary Guarantor, the Trustee, the General Partner or any Affiliate of any of the foregoing entities shall have any personal liability in respect of the obligations of the Partnership Partnership, the Guarantor and a Subsidiary Guarantor under this Indenture Indenture, such Securities or such Securities related Guarantees by reason of his, her or its status.

Appears in 2 contracts

Samples: Indenture (K-Sea Transportation Inc.), Indenture (K-Sea Transportation Inc.)

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Non-Recourse to the General Partner; No Personal Liability of Officers, Directors, Employees or Partners. Obligations of the Partnership Partnership, the Guarantor and a Subsidiary Guarantor under this Indenture and the Securities hereunder are non-recourse to the General Partner, and its respective Affiliates (other than the Partnership Partnership, the Guarantor and a Subsidiary Guarantor), and payable only out of cash flow and assets of the Partnership Partnership, the Guarantor and a Subsidiary Guarantor. The Trustee, and each Holder of a Security by its acceptance thereof, will be deemed to have agreed in this Indenture that (1) neither the General Partner nor its assets (nor any of its respective Affiliates other than the Partnership Partnership, the Guarantor and a Subsidiary Guarantor, nor its respective assets) shall be liable for any of the obligations of the Partnership Partnership, the Guarantor and a Subsidiary Guarantor under this Indenture or such Securities, and (2) no director, officer, employee, partner or unitholder, as such, of the Partnership Partnership, the Guarantor and a Subsidiary Guarantor, the Trustee, the General Partner or any Affiliate of any of the foregoing entities shall have any personal liability in respect of the obligations of the Partnership Partnership, the Guarantor and a Subsidiary Guarantor under this Indenture or such Securities by reason of his, her or its status.

Appears in 2 contracts

Samples: Indenture (Heritage Propane Partners L P), Heritage Propane Partners L P

Non-Recourse to the General Partner; No Personal Liability of Officers, Directors, Employees or Partners. Obligations of the Partnership and a Subsidiary Guarantor Partnership, or any Guarantor, as such, under this Indenture and the Securities hereunder are non-recourse to the General Partner, and its respective Affiliates (other than the Partnership and a Subsidiary Guarantorthe Guarantors), and payable only out of cash flow and assets of the Partnership and a Subsidiary Guarantorthe Guarantors. The Trustee, and each Holder of a Security by its acceptance thereof, will be deemed to have agreed in this Indenture that (1) neither the General Partner nor its assets (nor any of its respective Affiliates other than the Partnership and a Subsidiary Guarantoror the Guarantors, nor its their respective assets) shall be liable for any of the obligations of the Partnership and a Subsidiary Guarantor or the Guarantors under this Indenture or such Securities, and (2) no director, officer, employee, partner stockholder or unitholder, as such, of the Partnership and a Subsidiary GuarantorPartnership, the Guarantors, the Trustee, the General Partner or any Affiliate of any of the foregoing entities shall have any personal liability in respect of the obligations of the Partnership and a Subsidiary Guarantor or the Guarantors under this Indenture or such Securities by reason of his, her or its status.

Appears in 1 contract

Samples: Indenture (Kinder Morgan Bulk Terminals Inc)

Non-Recourse to the General Partner; No Personal Liability of Officers, Directors, Employees or Partners. Obligations of the Partnership and a Subsidiary the Guarantor under this Indenture and the Securities hereunder are non-recourse to the General Partner, and its respective Affiliates (other than the Partnership and a Subsidiary the Guarantor), and payable only out of cash flow and assets of the Partnership and a Subsidiary or the Guarantor, as the case may be. The Trustee, and each Holder of a Security by its acceptance thereof, will be deemed to have agreed in this Indenture that (1) neither the General Partner nor its assets (nor any of its respective Affiliates other than the Partnership and a Subsidiary the Guarantor, nor its their respective assets) shall be liable for any of the obligations of the Partnership and a Subsidiary the Guarantor under this Indenture or such Securities, and (2) no director, officer, employee, partner stockholder or unitholder, as such, of the Partnership and a Subsidiary Partnership, the Guarantor, the Trustee, the General Partner Partners or any Affiliate of any of the foregoing entities shall have any personal liability in respect of the obligations of the Partnership and a Subsidiary the Guarantor under this Indenture or such Securities by reason of his, her or its status.

Appears in 1 contract

Samples: Indenture (NuStar Pipeline Operating Partnership L.P.)

Non-Recourse to the General Partner; No Personal Liability of Officers, Directors, Employees or Partners. Obligations of the Partnership and a Subsidiary the Guarantor under this Indenture and the Securities hereunder are non-recourse to the General Partner, and its respective Affiliates (other than the Partnership and a Subsidiary the Guarantor), and payable only out of cash flow and assets of the Partnership and a Subsidiary or the Guarantor, as the case may be. The Trustee, and each Holder of a Security by its acceptance thereof, will be deemed to have agreed in this Indenture that (1) neither the General Partner nor its assets (nor any of its respective Affiliates other than the Partnership and a Subsidiary the Guarantor, nor its their respective assets) shall be liable for any of the obligations of the Partnership and a Subsidiary the Guarantor under this Indenture or such Securities, and (2) no director, officer, employee, partner stockholder or unitholder, as such, of the Partnership and a Subsidiary Partnership, the Guarantor, the Trustee, the General Partner or any Affiliate of any of the foregoing entities shall have any personal liability in respect of the obligations of the Partnership and a Subsidiary the Guarantor under this Indenture or such Securities by reason of his, her or its status.

Appears in 1 contract

Samples: Indenture (NuStar Energy L.P.)

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