Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto and no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholder, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 6 contracts
Sources: Voting and Support Agreement (Cintas Corp), Voting and Support Agreement (Unifirst Corp), Voting and Support Agreement (Hni Corp)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date hereof, including permitted assignees and successors, or that agree in writing for the benefit of the Company to be bound by the terms of this Agreement applicable to the Purchaser, and no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 6 contracts
Sources: Investment Agreement (AdaptHealth Corp.), Investment Agreement (Flynn James E), Investment Agreement (Renaissancere Holdings LTD)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement Agreement, may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date hereof, and no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any either party against the other parties party hereto, in no event shall any either party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 6 contracts
Sources: Standby Purchase Agreement, Backstop Exchange Agreement (Babcock & Wilcox Enterprises, Inc.), Standby Purchase Agreement (Roadrunner Transportation Systems, Inc.)
Non-Recourse. This Notwithstanding anything to the contrary contained herein, this Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement or the Contemplated Transactions, may only be made against the persons or entities and Persons that are expressly identified as parties hereto to this Agreement in their capacities as such and no former, current or future equityholdersstockholders, equity holders, controlling personsPersons, directors, officers, employees, general or limited partners, members, managers, agents or Affiliates of any party hereto hereto, or any former, current or future shareholderdirect or indirect stockholder, equity holder, controlling personPerson, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby Contemplated Transactions or in respect of any representations made or alleged to be made in connection herewith; provided, that nothing in this Section 10.17 shall in any way limit or qualify the obligations and liabilities of (a) any other entity guaranteeing the obligations of Buyer under this Agreement, or (b) any of the parties to the Restrictive Covenant Agreements. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 5 contracts
Sources: Share Purchase Agreement (Revelyst, Inc.), Share Purchase Agreement (Outdoor Products Spinco Inc.), Share Purchase Agreement (Outdoor Products Spinco Inc.)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be Action based upon, arise arising out of of, or relate related to this Agreement, or the negotiation, execution or performance of this Agreement Agreement, may only be made brought against the persons or entities that are expressly identified named as parties hereto and no formerthen only with respect to the specific obligations set forth herein with respect to such party. No past, current present or future equityholdersdirector, officer, employee, incorporator, manager, member, general or limited partner, stockholder, equityholder, controlling personsperson, directorsAffiliate, officersagent, employees, agents attorney or Affiliates other Representative of any party hereto or any former, current of their successors or future shareholder, controlling person, permitted assigns or any direct or indirect director, officer, employee, incorporator, manager, member, general or limited partner, memberstockholder, managerequityholder, agent controlling person, Affiliate, agent, attorney, Representative, successor or Affiliate or permitted assign of any of the foregoing (each, a “Non-Recourse Party”) ), shall have any liability for any obligations or liabilities of the parties to any party under this Agreement or for any claim Proceeding (whether in tort, contract or otherwise) based on, in respect of, of or by reason of, of the transactions contemplated hereby or in respect of any written or oral representations made or alleged to be made in connection herewith. Without limiting the rights of any party the Company against the other parties heretoStockholder, in no event shall any party the Company or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 5 contracts
Sources: Voting and Support Agreement (Superior Industries International Inc), Voting and Support Agreement (Superior Industries International Inc), Voting and Support Agreement (Cannae Holdings, Inc.)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date hereof, including permitted assignees and successors, or that agree in writing for the benefit of the Company to be bound by the terms of this Agreement applicable to the Purchasers, and no former, current or future equityholders, controlling personsPersons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling personPerson, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 4 contracts
Sources: Securities Purchase Agreement (Ekso Bionics Holdings, Inc.), Investment Agreement (FrontView REIT, Inc.), Investment Agreement (Rhythm Pharmaceuticals, Inc.)
Non-Recourse. This Notwithstanding anything in this Agreement to the contrary, this Agreement may only be enforced against, and any claims claim or causes cause of action that may be based upon, arise arising out of of, or relate related to this Agreement, Agreement or the negotiation, execution or performance of this Agreement Transactions may only be made against brought against, the persons or entities that are expressly identified named as parties hereto and then only with respect to the specific obligations set forth herein with respect to such party. Except to the extent a named party to this Agreement (and then only to the extent of the specific obligations undertaken by such named party in this Agreement and not otherwise), no formerpast, current present or future equityholdersdirector, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholder, controlling person, directormanager, officer, employee, general or limited partnerincorporator, member, managerpartner, agent equityholder, Affiliate, agent, attorney, advisor, consultant or Representative or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability (whether in Contract, tort, equity or otherwise) for any one or more of the representations, warranties, covenants, agreements or other obligations or liabilities of any one or more Parties or the parties Company under this Agreement (whether for indemnification or otherwise) or of or for any claim based on, arising out of, or related to this Agreement or for any claim (whether in tortthe Transactions. Notwithstanding the foregoing, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting this Section 9.14 shall not limit the rights of any party Parent against the other parties hereto, Financing Sources in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Partyaccordance with the Debt Commitment Papers.
Appears in 3 contracts
Sources: Merger Agreement (Baytex Energy Corp.), Merger Agreement (Ranger Oil Corp), Merger Agreement (Ranger Oil Corp)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties, including entities that become parties hereto after the date hereof, including permitted assignees and successors, or that agree in writing for the benefit of the Company to be bound by the terms of this Agreement applicable to the Purchaser, and no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties heretoparties, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 3 contracts
Sources: Equity Commitment and Investment Agreement (Ani Pharmaceuticals Inc), Merger Agreement (Ani Pharmaceuticals Inc), Equity Commitment and Investment Agreement (Catalent, Inc.)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement Agreement, may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date hereof, and no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or affiliate of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any either party against the other parties party hereto, in no event shall any either party or any of its Affiliates affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 3 contracts
Sources: Standby, Securities Purchase and Debt Conversion Agreement (Barnes & Noble Education, Inc.), Standby, Securities Purchase and Debt Conversion Agreement (Immersion Corp), Standby, Securities Purchase and Debt Conversion Agreement
Non-Recourse. This Agreement may only be enforced againstAll Proceedings (whether at Law, and any claims in contract, tort or causes of action otherwise, or in equity) that may be based upon, arise out of or relate to this AgreementAgreement or the other Transaction Agreements, or the negotiation, execution or performance of this Agreement or the other Transaction Agreements (including any representation or warranty made in or in connection with this Agreement or the other Transaction Agreements or as an inducement to enter into this Agreement or the other Transaction Agreements), may only be made only against the persons or entities that are expressly identified as parties Parties hereto and no formerparties thereto. No Person who is not a named party to this Agreement or the other Transaction Agreements, current including any past, present or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholder, controlling person, director, officer, employee, general or limited partnerincorporator, member, managerpartner, agent stockholder, Affiliate, agent, attorney or Affiliate representative of any named party to this Agreement or any of the foregoing other Transaction Agreements (each, a “Non-Recourse PartyParty Affiliates”) ), shall have any liability (whether at Law, in contract, tort or otherwise, or in equity, or based upon any theory that seeks to impose liability of an entity party against its owners or affiliates) for any obligations or liabilities of the parties arising under, in connection with or related to this Agreement or such other Transaction Agreement (as the case may be) or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement againstor such other Transaction Agreement (as the case may be) or the negotiation or execution hereof or thereof; and each party hereto waives and releases all such liabilities, or seek to recover monetary damages for breach claims and obligations against any such Non-Party Affiliates. Non-Party Affiliates are expressly intended as third party beneficiaries of this Agreement from, any Non-Recourse Party.provision of this Agreement.
Appears in 3 contracts
Sources: Asset Purchase Agreement (Journey Medical Corp), Asset Purchase Agreement (Journey Medical Corp), Asset Purchase Agreement (Fortress Biotech, Inc.)
Non-Recourse. This Notwithstanding anything to the contrary contained herein or otherwise, this Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to the non-performance this Agreement, or the negotiation, execution or performance of this Agreement Agreement, may only be made against the persons or entities and Persons that are expressly identified as parties hereto in their capacities as such and no former, current or future equityholdersstockholders, equity holders, controlling persons, directors, officers, employees, general or limited partners, members, managers, agents or Affiliates (other than the Company) of any party hereto hereto, or any former, current or future shareholderdirect or indirect stockholder, equity holder, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby this Agreement or in respect of any representations made or alleged to be made in connection herewithherewith or therewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party. Nothing herein precludes the parties or any Non-Recourse Parties from exercising any rights, and nothing herein shall limit the liability or obligations of any Non-Recourse Party, in each case under the Merger Agreement, Stockholders Agreements or any other agreement to which they are specifically a party or an express third party beneficiary thereof.
Appears in 2 contracts
Sources: Voting Agreement (INC Research Holdings, Inc.), Voting Agreement (INC Research Holdings, Inc.)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto and no former, current and future holders of any equity, partnership or future equityholderslimited liability company interest, controlling persons, directors, officers, employees, agents agents, attorneys, Affiliates, members, managers, general or Affiliates limited partners, stockholders or assignees of any party hereto or any formerfuture holders of any equity, current partnership or future shareholderlimited liability company interest, controlling personpersons, directordirectors, officerofficers, employeeemployees, agents, attorneys, Affiliates, members, managers, general or limited partnerpartners, member, manager, agent stockholders or Affiliate or assignees of any of the foregoing (each, a “Non-Recourse Party”) ), shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby by this Agreement or in respect of any oral representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in In no event shall any party or any of hereto, and each party hereto agrees to use its Affiliates reasonable best efforts to cause its Non-Recourse Parties not to, seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse PartyParty not a party to this Agreement.
Appears in 2 contracts
Sources: Voting and Support Agreement (UpHealth, Inc.), Voting and Support Agreement (Veritiv Corp)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date hereof or that agree in writing for the benefit of the Company to be bound by the terms of this Agreement applicable to the Investors, and no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or affiliate of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations covenants, obligations, agreements or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 2 contracts
Sources: Common Stock Purchase Agreement (Centuri Holdings, Inc.), Common Stock Purchase Agreement (Icahn Carl C)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date hereof or that agree in writing for the benefit of the Company to be bound by the terms of this Agreement applicable to the Purchaser, and no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 2 contracts
Sources: Investment Agreement (Liberty TripAdvisor Holdings, Inc.), Investment Agreement (Crocs, Inc.)
Non-Recourse. This The Parties further agree that (a) in no event shall either Party, its Subsidiaries or any of their respective Affiliates seek (and each shall cause its controlled Affiliates not to seek) any monetary damages or any other recovery, judgment or damages of any kind in excess of $50,000,000, less the total of any amounts paid or payable by the other Party (including, in the case of the Harbinger Parties, amounts paid or payable by RH) under the Merger Agreement may only be enforced against(in respect of monetary damages and/or the Termination Fee or Reverse Termination Fee, as applicable), in each case against or from the other Party and (b) in no event shall any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto and no former, current or future equityholdersdirect or indirect equity holders, controlling personsPersons, representatives, stockholders, directors, officers, employees, agents or Affiliates of any party hereto or any formeragents, current or future shareholderAffiliates, controlling personmembers, director, officer, employeemanagers, general or limited partnerpartners or assignees of either Party (collectively, member, manager, agent or Affiliate or any of the foregoing (each, a “Non-Recourse PartyParties”) shall have any other liability for any obligations relating to or liabilities arising out of this Agreement, the parties to this Agreement Transaction Documents or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties heretothereby, in and no event shall any party Party, its Subsidiaries or any of their respective Affiliates shall seek (and each shall cause its controlled Affiliates seek not to enforce this Agreement againstseek) any monetary damages or any other recovery, make any claims for breach of this Agreement againstjudgment, or seek to recover monetary damages for breach of this Agreement from, any kind against any of the Non-Recourse Parties, and each Party, its Subsidiaries and their respective Affiliates shall be precluded from any remedy against any of the Non-Recourse Parties at law or in equity or otherwise.
Appears in 2 contracts
Sources: Support Agreement (Harbinger Capital Partners Master Fund I, Ltd.), Support Agreement (Spectrum Brands, Inc.)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the Execution Date or that agree in writing for the benefit of the Company to be bound by the terms of this Agreement applicable to a Purchaser (with respect to itself only), and no former, current or future equityholders, controlling personsPersons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling personPerson, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations covenants, obligations, agreements or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties party hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 2 contracts
Sources: Preferred Stock Purchase Agreement (Lexicon Pharmaceuticals, Inc.), Preferred Stock Purchase Agreement
Non-Recourse. This Notwithstanding anything to the contrary contained herein or otherwise and except for claims (a) for indemnification pursuant to and subject to the provisions set forth in Article VIII, (b) claims pursuant to Section 3.04(e)(ii) or Section 6.11(i) or (c) under any Transaction Document to which the applicable Non-Recourse Party is a party, this Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement or the transactions contemplated hereby, may only be made against the persons or entities and Persons that are expressly identified as parties hereto to this Agreement in their capacities as such and no former, current or future equityholdersstockholders, equity holders, lender, controlling persons, directors, officers, employees, general or limited partners, members, managers, agents or Affiliates of any party hereto hereto, or any former, current or future shareholderdirect or indirect stockholder, equity holder, lender, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights , except in respect of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse PartyFraud.
Appears in 2 contracts
Sources: Merger Agreement (Fox Factory Holding Corp), Merger Agreement (Compass Group Diversified Holdings LLC)
Non-Recourse. This Agreement may only be enforced against, and any claims Claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date hereof, and no former, current or future equityholders, controlling personsPersons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling personPerson, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim Claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims Claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Bold Energy Holdings, LLC), Securities Purchase Agreement (Bold Energy Holdings, LLC)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto and after the date hereof or that agree in writing for the benefit of the Seller to be bound by the terms of this Agreement applicable to the Seller, and, subject only to the specific contractual provisions hereof, no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 2 contracts
Sources: Purchase Agreement (Teekay Offshore Partners L.P.), Purchase Agreement (Teekay Corp)
Non-Recourse. This Without limiting the rights or remedies of any party under this Agreement or any other Transaction Document or in the event of Fraud, against the parties hereto or thereto, (i) this Agreement may only be enforced only against, and any claims action, litigation, suit or causes of action that may be other proceeding based upon, arise arising out of of, or relate related to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto and no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholder, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations other Transaction Documents or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or thereby may be brought only against, the entities that are expressly named as parties hereto or thereto and then only with respect to the specific obligations set forth in such agreement with respect to such party and (ii) with respect to each named party hereto or to any other Transaction Document, no Related Party of such named party hereto or to such other Transaction Document shall have any representations made liability (whether in contract or alleged tort, at law or in equity or otherwise, or based upon any theory that seeks to be made in connection herewith. Without limiting the rights impose liability of any an entity party against its owners or Affiliates) for any one or more of the representations, warranties, covenants, agreements or other parties heretoobligations or liabilities of such named party hereto or to such other Transaction Document or for any claim based on, in no event shall any party arising out of, or related to this Agreement or any of its Affiliates seek other Transaction Document or the transactions contemplated hereby or thereby; provided that nothing in this Section 11.16 shall prevent the Company from seeking any remedy available to enforce this Agreement against, make it for any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Partythe Confidentiality Agreement.
Appears in 2 contracts
Sources: Merger Agreement (MasterBrand, Inc.), Merger Agreement (MasterBrand, Inc.)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties signatories hereto, including entities that become signatories hereto and after the date hereof or that agree in writing for the benefit of the Company to be bound by the terms of this Agreement applicable to the Company, and, subject only to the specific contractual provisions hereof, no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse PartyParty in connection with this Agreement.
Appears in 2 contracts
Sources: Investment Agreement (RingCentral, Inc.), Investment Agreement (Avaya Holdings Corp.)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto and after the date hereof or that agree in writing for the benefit of Seller to be bound by the terms of this Agreement, and, subject only to the specific contractual provisions hereof, no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (in each case other than the parties hereto) (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party. For the avoidance of doubt, nothing in this Agreement shall limit the rights or remedies of the parties to the Merger Agreement, as provided therein.
Appears in 2 contracts
Sources: Limited Liability Company Interest Purchase Agreement (Teekay LNG Partners L.P.), Limited Liability Company Interest Purchase Agreement (Teekay Corp)
Non-Recourse. This Agreement may only be enforced against, and any claims claim or causes cause of action that may be based upon, arise arising out of or relate to this Agreementof, or the negotiation, execution or performance of related to this Agreement may only be made against brought against, the persons or entities Persons that are expressly identified named as parties hereto hereunder, and then only with respect to the specific obligations set forth herein with respect to such party. Except to the extent a named party to this Agreement (and then only to the extent of the specific obligations undertaken by such named party in this Agreement), no formerpast, current present or future equityholdersdirector, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholder, controlling person, directormanager, officer, employee, general or limited partnerincorporator, member, managerpartner, agent stockholder, Affiliate, agent, attorney or Affiliate or other representative of any of the foregoing (each, a “Non-Recourse Party”) party hereto shall have any liability (whether in contract or in tort, in law or in equity, or based upon any theory that seeks to impose liability of an entity party against its owners or Affiliates) for any obligations or liabilities of the parties to any party hereto under this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any oral representations made or alleged to be have been made in connection herewith. Without limiting The provisions of this Section 9.18 are intended to be for the rights benefit of, and enforceable by, the directors, managers, officers, employees, incorporators, committee members, members, partners, stockholders, Affiliates, agents, attorneys and other representatives of any party against the other parties hereto, in no event and each such Person shall any be a third party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach beneficiary of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse PartySection 9.18.
Appears in 2 contracts
Sources: Interest Purchase Agreement, Interest Purchase Agreement (Eldorado Resorts, Inc.)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date hereof or that agree in writing for the benefit of the Company to be bound by the terms of this Agreement applicable to the Purchaser, and no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 2 contracts
Sources: Preferred Stock Purchase Agreement (WildHorse Resource Development Corp), Investment Agreement (Genesee & Wyoming Inc)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be Action based upon, arise arising out of of, or relate related to this Agreement, or the negotiation, execution or performance of this Agreement Agreement, may only be made brought against the persons or entities that are expressly identified named as parties hereto and no formerthen only with respect to the specific obligations set forth herein with respect to such party. No past, current present or future equityholdersdirector, officer, employee, incorporator, manager, member, general or limited partner, stockholder, equityholder, controlling personsperson, directorsAffiliate, officersagent, employees, agents attorney or Affiliates other Representative of any party hereto or any former, current of their successors or future shareholder, controlling person, permitted assigns or any direct or indirect director, officer, employee, incorporator, manager, member, general or limited partner, memberstockholder, managerequityholder, agent controlling person, Affiliate, agent, attorney, Representative, successor or Affiliate or permitted assign of any of the foregoing (each, a “Non-Recourse Party”) ), shall have any liability for any obligations or liabilities of the parties to any party under this Agreement or for any claim Proceeding (whether in tort, contract or otherwise) based on, in respect of, of or by reason of, of the transactions contemplated hereby or in respect of any written or oral representations made or alleged to be made in connection herewith. Without limiting the rights of any party the Company against the other parties heretoStockholders, in no event shall any party the Company or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 2 contracts
Sources: Voting and Support Agreement (Thomas H. Lee Advisors, LLC), Voting and Support Agreement (Dun & Bradstreet Holdings, Inc.)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date hereof, and no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any either party against the other parties party hereto, in no event shall any either party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.. [Remainder of page intentionally left blank]
Appears in 1 contract
Sources: Investment Agreement
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement Agreement, may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date hereof, and no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any either party against the other parties party hereto, in no event shall any either party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Non- Recourse Party.
Appears in 1 contract
Sources: Investment Agreement (Roadrunner Transportation Systems, Inc.)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action Notwithstanding anything that may be based uponexpressed or implied in this Agreement or any document or instrument delivered in connection herewith, arise out by its acceptance of the benefits of this Agreement, each of the parties covenants, agrees and acknowledges that no Persons other than Parent, Merger Sub I, Merger Sub II and the Company have any liabilities, obligations, commitments (whether known or relate to unknown or whether contingent or otherwise) hereunder and that, notwithstanding that the parties may be partnerships, corporations or limited liability companies, no party has any right of recovery under this Agreement, or the negotiationany claim based on such liabilities, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto obligations, commitments against, and no personal liability shall attach to, the former, current or future equityholdersequity holders, controlling persons, directors, officers, employees, agents agents, Affiliates, members, managers or Affiliates general or limited partners of any party hereto of the parties or any former, current or future shareholderstockholder, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or agent of any of the foregoing (eachcollectively, but not including the parties, each a “Non-Recourse Party”) shall have any liability for any obligations ), through the parties or liabilities otherwise, whether by or through attempted piercing of the parties to this Agreement corporate veil, by or for any through a claim (whether in tort, contract by or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights on behalf of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party; by the enforcement of any assessment or by any legal or equitable proceeding, by virtue of any statute, regulation or Law, or otherwise.
Appears in 1 contract
Sources: Merger Agreement (Univar Inc.)
Non-Recourse. This Notwithstanding anything to the contrary contained in this Agreement, this Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement Agreement, may only be made against the entities and persons or entities that are expressly identified as parties hereto and no in their capacities as such. No former, current or future equityholdersequity holders, controlling persons, directors, officers, employees, general or limited partners, members, managers, agents or Affiliates of any party hereto to this Agreement, or any former, current or future shareholderdirect or indirect equity holder, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewithwith this Agreement. Without limiting the rights of any party against the other parties heretoto this Agreement, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, or make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party. Nothing in this Agreement precludes the parties or any Non-Recourse Parties from exercising any rights, and nothing in this Agreement shall limit the liability or obligations of any Non-Recourse Party, in each case under the Merger Agreement or any other agreement to which they are specifically a party or an express third party beneficiary thereof. This Section 6.16 is subject to, and does not alter the scope or application of, Section 6.10.
Appears in 1 contract
Non-Recourse. This Agreement may only be enforced against, and any All claims or causes of action (whether in contract or in tort, in law or in equity) that may be based upon, arise out of or relate to this AgreementAgreement or the other Transaction Documents, or the negotiation, execution or performance of this Agreement or the other Transaction Documents (including any representation or warranty made in or in connection with this Agreement or the other Transaction Documents or as an inducement to enter into this Agreement or the other Transaction Documents), may only be made only against the persons or entities that are expressly identified as parties Parties hereto and no formerthereto. No Person who is not a named Party to this Agreement or the other Transaction Documents, current including any past, present or future equityholders, controlling persons, Affiliate of Seller or the Company or any of their respective directors, officers, employees, agents incorporators, members, managers, partners, equityholders (including stockholders and optionholders), Affiliates, agents, attorneys or Affiliates of any party hereto or any former, current or future shareholder, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or any of the foregoing Representatives (each, a “Non-Recourse PartyParty Affiliates”) ), shall have any liability (whether in contract or in tort, in law or in equity, or based upon any theory that seeks to impose liability of an entity party against its owners or affiliates) for any obligations or liabilities of the parties arising under, in connection with or related to this Agreement or such other Transaction Document (as the case may be) or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement againstor such other Transaction Document (as the case may be) or the negotiation or execution hereof or thereof; and each Party hereto waives and releases all such liabilities, or seek to recover monetary damages for breach of this Agreement from, claims and obligations against any such Non-Recourse PartyParty Affiliates.
Appears in 1 contract
Non-Recourse. This Agreement may only be enforced against, and any All claims or causes of action (whether in contract or in tort or otherwise) that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement (including any representation or warranty made in or in connection with this Agreement or as an inducement to enter into this Agreement), may only be made only against the persons or entities Persons that are expressly identified as parties hereto and no formerParties (i.e., current a Seller or the Buyer). No Person who is not a named party to this Agreement, including any past, present or future equityholders, controlling persons, directors, officers, employees, agents direct or Affiliates of any party hereto or any former, current or future shareholder, controlling person, indirect director, officer, employee, general or limited partnerincorporator, member, manager, agent partner, equityholder, lender, investor, Affiliate, agent, attorney or Affiliate or other representative of any of the foregoing named party to this Agreement (eachsuch Persons, a collectively, “Non-Recourse PartyParty Affiliates”) ), shall have any liability (whether in contract or in tort or otherwise, or based upon any theory that seeks to impose liability of an entity party against its owners or Affiliates) for any obligations or liabilities of the parties arising under, in connection with or related to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement againstor its negotiation or execution, or seek to recover monetary damages for breach and each Party waives and releases all such liabilities, claims and obligations against any such Non-Party Affiliates. For the avoidance of doubt, this Agreement from, Section 12.16 shall not limit the Liability of any Non-Recourse Party.Party Affiliate in such Person’s capacity as a party to any Transaction Document. [Signature Page Follows]
Appears in 1 contract
Non-Recourse. This Agreement may only be enforced against, and any All claims or causes of action (whether in contract or in tort, in Law or in equity) that may be based upon, arise out of or relate to this AgreementAgreement or the other Ancillary Documents, or the negotiation, execution or performance of this Agreement or the other Ancillary Documents (including any representation or warranty made in or in connection with this Agreement or the other Ancillary Documents or as an inducement to enter into this Agreement or the other Ancillary Documents), may only be made only against the persons or entities that are expressly identified as parties hereto and no formerthereto. No Person who is not a named party to this Agreement or the other Ancillary Documents, current including any past, present or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholder, controlling person, director, officer, employee, general or limited partnerincorporator, member, managerpartner, agent stockholder, Affiliate, agent, attorney or Affiliate representative of any named party to this Agreement or any of the foregoing other Ancillary Documents (each, a “Non-Recourse PartyParty Affiliates”) ), shall have any liability (whether in contract or in tort, in Law or in equity, or based upon any theory that seeks to impose liability of an entity party against its owners or affiliates) for any obligations or liabilities of the parties arising under, in connection with or related to this Agreement or such other Ancillary Document (as the case may be) or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement againstor such other Ancillary Document (as the case may be) or the negotiation or execution hereof or thereof; and each Party waives and releases all such liabilities, or seek to recover monetary damages for breach claims and obligations against any such Non-Party Affiliates. Non-Party Affiliates are expressly intended as third party beneficiaries of this Agreement from, any Non-Recourse Partyprovision of this Agreement.
Appears in 1 contract
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to the non-performance this Agreement, or the negotiation, execution or performance of this Agreement Agreement, may only be made against the persons or entities that are expressly identified as parties hereto and no Parties. No former, current or future equityholdersstockholders, equity holders, controlling persons, directors, officers, employees, general or limited partners, members, managers, agents or Affiliates affiliates (other than the Parties) of any party hereto Party, or any former, current or future shareholderdirect or indirect stockholder, equity holder, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or affiliate of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement Parties or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby this Agreement or in respect of any representations made or alleged to be made in connection herewithwith this Agreement. Without limiting the rights of any party Party against the other parties heretoParties, in no event shall any party Party or any of its Affiliates seek to enforce this Agreement against, or make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party. Nothing in this Agreement, including this Section 9.19, precludes the Parties or any Non-Recourse Parties from exercising any rights, and nothing in this Agreement shall limit the liability or obligations of any Party or Non-Recourse Party, in each case under this Agreement or any other agreement to which they are specifically a party or an express third party beneficiary thereof, including without limitation, the Commitment Letter. This Section 9.19 is subject to, and shall not alter the scope or application of, Section 9.5.
Appears in 1 contract
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date hereof, and no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith, provided that the foregoing shall in no way limit any rights or remedies of the Company expressly set forth in the Equity Commitment Letter. Without limiting the rights of any either party against the other parties party hereto, in no event shall any either party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party, provided that the foregoing shall in no way limit any rights or remedies of the Company expressly set forth in the Equity Commitment Letter.
Appears in 1 contract
Non-Recourse. This Notwithstanding anything in this Agreement to the contrary, this Agreement may only be enforced against, and any claims or causes action for breach of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this such Agreement may only be made against the persons or entities that are against, in each case, a Person who is expressly identified as parties hereto a party to this Agreement and no formertheir respective successors and permitted assigns, and none of the current or future equityholders, controlling persons, former officers and directors, officersmembers, managers, agents, employees, agents partners, equityholders, advisors or Affiliates representatives of any party hereto such Persons or any formerof their respective Affiliates (including direct or indirect equityholders of Onity or any Oaktree Party or any of their respective Affiliates or any investment fund, current vehicle or future shareholderholding company that is directly or indirectly affiliated with, controlling personor managed or advised by, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or any of the foregoing Persons) (each, a “Non-Recourse Party”) who are not parties to this Agreement, shall have any obligation or liability for any losses, liabilities, damages or obligations or liabilities of any kind of any of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect offor breach of the Agreement, or by reason of, the transactions contemplated hereby be considered a successor or assign of any Party for any purpose hereunder. No Person shall have any rights of recovery in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party Agreement against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.Party that is not party to the Agreement, and no personal liability shall attach to any Non-Recourse Party that is not party to the Agreement through any affiliated Person who is party hereto, or otherwise, whether by or through attempted piercing of the corporate veil, by or through an action (whether in tort, contract or otherwise), by the enforcement of any judgment, fine or penalty or by virtue of any statute, regulation or other applicable Law or otherwise. [Signature page follows]
Appears in 1 contract
Non-Recourse. This Notwithstanding anything to the contrary contained herein, this Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement or the transactions contemplated hereby, may only be made against the persons or entities and Persons that are expressly identified as parties hereto to this Agreement (or express guarantors of such parties’ obligations under this Agreement) in their capacities as such and no former, current or future equityholdersstockholders, equity holders, controlling persons, directors, officers, employees, general or limited partners, members, managers, agents or Affiliates of any party hereto hereto, or any former, current or future shareholderdirect or indirect stockholder, equity holder, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse PartyParty (including any of the Eligible Holders).
Appears in 1 contract
Non-Recourse. (a) This Agreement may only be enforced against, and any claims claim or causes cause of action that may be based upon, arise arising out of or relate to this Agreementof, or the negotiation, execution or performance of related to this Agreement may only be made brought against the persons or entities that are expressly identified named as parties Parties hereto (or the Divesting Entities) or any Replacement Service Provider and then only with respect to the specific obligations set forth herein with respect to such Party. Except to the extent a named Party to this Agreement (and then only to the extent of the specific obligations undertaken by such named Party in this Agreement), no formerpast, current present or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholder, controlling person, director, officer, employee, general or limited partnerincorporator, member, managerpartner, agent stockholder, Affiliate, lender, agent, attorney, or Affiliate or other representative of any of the foregoing (each, a “Non-Recourse Party”) Party hereto shall have any liability (whether in contract or in tort, in law or in equity, or based upon any theory that seeks to impose liability of an entity party against its owners or Affiliates) for any obligations or liabilities of the parties to any Party hereto under this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby Transactions or in respect of any oral representations made or alleged to be have been made in connection herewith. Without limiting , except for the rights Divesting Entities to the extent specifically set forth in this Agreement.
(b) The provisions of any party against this Section 10.13 are intended to be for the benefit of, and enforceable by, the directors, officers, employees, incorporators, members, partners, stockholders, Affiliates, agents, attorneys, and other parties representatives of the Parties hereto, in no event and each such person shall any be a third party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach beneficiary of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse PartySection 10.13.
Appears in 1 contract
Sources: Asset Purchase Agreement (Adaptimmune Therapeutics PLC)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities Persons that are expressly identified as parties hereto, including Persons that become parties hereto and after the date hereof or that agree in writing for the benefit of Parent to be bound by the terms of this Agreement applicable to the Supporting Stockholder, and, subject only to the specific contractual provisions hereof, no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party of the parties hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby by this Agreement or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party hereto against the any other parties party hereto, in no event shall any party hereto or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Non-Recourse. This With respect to Buyer and Parent, this Agreement may only be enforced against, and any claims or causes of action actions that may be based upon, arise out of of, or relate to this Agreement, or the negotiation, execution execution, or performance of this Agreement or the Contemplated Transactions, may only be made against the persons Buyer or entities that are expressly identified Parent as parties hereto a party to this Agreement in their capacity as such and no former, current current, or future stockholders, equityholders, controlling persons, directors, officers, employees, agents general or limited partners, members, managers, agents, or Affiliates of any party hereto Buyer or Parent or any former, current current, or future shareholderdirect or indirect stockholder, equityholder, controlling person, director, officer, employee, general or limited partner, member, manager, agent agent, or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability Liability for any obligations or liabilities Liabilities of the parties to Buyer or Parent under this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby Contemplated Transactions or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities Persons that are expressly identified as parties hereto, including Persons that become parties hereto and after the date hereof or that agree in writing for the benefit of the Company to be bound by the terms of this Agreement applicable to the Company, and, subject only to the specific contractual provisions hereof, no former, current or future equityholders, controlling persons, directors, officers, employees, agents agents, Representatives or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, agent advisor, agent, Representative or Affiliate Affiliate, successor or assignee of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability Liability for any obligations or liabilities Liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party hereto or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the Execution Date or that agree in writing for the benefit of the Company to be bound by the terms of this Agreement applicable to the Purchaser (with respect to itself only), and no former, current or future equityholders, controlling personsPersons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling personPerson, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations covenants, obligations, agreements or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties party hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Sources: Preferred Stock Purchase Agreement (Lexicon Pharmaceuticals, Inc.)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date of the Original Agreement or that agree in writing for the benefit of the Company to be bound by the terms of this Agreement applicable to the Purchaser, and no former, current or future direct or indirect equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderdirect or indirect equityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewiththis Agreement. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates, and each party agrees to cause their Affiliates not to, seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party. Notwithstanding anything herein the contrary, nothing in this Agreement shall limit the rights of the parties hereto to make any claims for breach of contract against, seek to recover monetary damages from or otherwise enforce their rights against the Limited Partners under the terms of, and subject to the conditions set forth in, the Equity Commitment Letters.
Appears in 1 contract
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date of this Agreement, and no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any either party against the other parties party hereto, in no event shall any either party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities and Persons that are expressly identified as parties the Parties hereto in their capacities as such and no former, current or future equityholdersequity holders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto Party hereto, or any former, current or future shareholderstockholder, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties Parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party Party against the other parties Parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Sources: Transaction Agreement (Nord Anglia Education, Inc.)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date hereof, including permitted assignees and successors, or that agree in writing for the benefit of the Company to be bound by the terms of this Agreement applicable to the Purchaser, and no former, current or future equityholders, controlling personsPersons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling personPerson, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Sources: Investment Agreement (Agilysys Inc)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto and hereto, and, subject only to the specific contractual provisions hereof, no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse PartyPerson”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby Transactions or in respect of any representations or warranties made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse PartyPerson.
Appears in 1 contract
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto and after the date hereof or that agree in writing for the benefit of the Company to be bound by the terms of this Agreement applicable to the Company, and, subject only to the specific contractual provisions hereof, no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any formerANY PARTY HERETO OR ANY FORMER, current or future shareholderCURRENT OR FUTURE EQUITYHOLDER, controlling personCONTROLLING PERSON, directorDIRECTOR, officerOFFICER, employeeEMPLOYEE, general or limited partnerGENERAL OR LIMITED PARTNER, memberMEMBER, managerMANAGER, agent or Affiliate or any of the foregoing ADVISOR, AGENT OR AFFILIATE OF ANY OF THE FOREGOING (eachEACH, a A “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Non-Recourse. This Notwithstanding anything to the contrary contained herein or otherwise, this Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement or the transactions contemplated hereby, may only be made against the persons or entities and Persons that are expressly identified as parties hereto to this Agreement in their capacities as such and no former, current or future equityholdersstockholders, equity holders, controlling persons, directors, officers, employees, general or limited partners, members, managers, agents or Affiliates of any party hereto hereto, or any former, current or future shareholderdirect or indirect stockholder, equity holder, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any oral representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Sources: Merger Agreement (Greatbatch, Inc.)
Non-Recourse. This Agreement may only be enforced against, and any claims claim, action, suit, or causes of action that may be other legal proceeding based upon, arise arising out of of, or relate related to this Agreement, or the negotiation, execution execution, or performance of this Agreement Agreement, may only be made brought against the persons or entities Persons that are expressly identified named as parties hereto and no formerthen only with respect to the specific obligations set forth herein with respect to such party. No past, current present, or future equityholdersdirector, officer, employee, incorporator, manager, member, general or limited partner, shareholder, equityholder, controlling personsperson, directorsAffiliate, officersagent, employeesattorney, agents or Affiliates other representative of any party hereto or any former, current of their successors or future shareholder, controlling person, permitted assigns or any direct or indirect director, officer, employee, incorporator, manager, member, general or limited partner, membershareholder, managerequityholder, agent controlling person, Affiliate, agent, attorney, representative, successor, or Affiliate or permitted assign of any of the foregoing that is not party to this Agreement (each, a “Non-Recourse Party”) ), shall have any liability Liability for any obligations or liabilities of the parties to any party hereto under this Agreement or for any claim (whether in tort, contract Claim or otherwise) action based on, in respect of, or by reason of, of the transactions contemplated hereby Transactions or in respect of any written or oral representations made or alleged to be made in connection herewithherewith (whether in tort, contract, or otherwise). Without limiting the rights of any party to this Agreement against the any other parties party hereto, in no event shall Purchaser, any party Seller, any Acquired Entity, or any of its their respective Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Sources: Equity Purchase Agreement (Innovex International, Inc.)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date of the Original Agreement or that agree in writing for the benefit of the Company to be bound by the terms of this Agreement applicable to the Purchaser, and no former, current or future direct or indirect equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderdirect or indirect equityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “"Non-Recourse Party”") shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewiththis Agreement. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates, and each party agrees to cause their Affiliates not to, seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party. Notwithstanding anything herein the contrary, nothing in this Agreement shall limit the rights of the parties hereto to make any claims for breach of contract against, seek to recover monetary damages from or otherwise enforce their rights against the Limited Partners under the terms of, and subject to the conditions set forth in, the Equity Commitment Letters.
Appears in 1 contract
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities Persons that are expressly identified as parties hereto, including Persons that become parties hereto after the date hereof or that agree in writing for the benefit of the Company and the Investor to be bound by the terms of this Agreement applicable to the Supporting Stockholder, and, subject only to the specific contractual provisions hereof, no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party of the parties hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby by this Agreement or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party hereto against the any other parties party hereto, in no event shall any party hereto or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Non-Recourse. This Unless expressly agreed to otherwise by the Parties in writing (or, in the case of the other Transaction Documents, by the parties thereto in writing), this Agreement may only be enforced against, and any claims or causes of action that may be based uponProceeding in connection with, arise arising out of or relate to otherwise resulting from this Agreement, or the negotiation, execution any instrument or performance of other document delivered pursuant to this Agreement or the Transactions, may only be made brought against the persons Persons expressly named as Parties (or entities that are expressly identified as parties hereto any of their respective successors, legal representatives and no formerpermitted assigns) and then only with respect to the specific obligations set forth herein with respect to such Party. No past, current present or future equityholdersdirector, controlling personsemployee (including any officer), directorsincorporator, officersmanager, employeesmember, agents partner, stockholder, other equity holder or Affiliates of any party hereto or any former, current or future shareholderpersons in a similar capacity, controlling person, directorAffiliate or Representative of any Party or of any Affiliate of any Party, officer, employee, general or limited partner, member, manager, agent or Affiliate or any of their respective successors, Representatives and permitted assigns (unless, for the foregoing (eachavoidance of doubt, such Person is a “Non-Recourse Party”) ), shall have any liability or other obligation for any obligations or liabilities obligation of the parties to any Party under this Agreement or for any claim (whether Proceeding in tortconnection with, contract arising out of or otherwise) based on, in respect ofotherwise resulting from this Agreement, or by reason of, the transactions contemplated hereby any instrument or in respect of any representations made or alleged other document delivered pursuant to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement againstor the Transactions; provided, make however, that nothing in this Section 9.9 shall limit any claims liability or other obligation (i) of the Parties for breach breaches of the terms and conditions of this Agreement againstAgreement, (ii) of the parties to any other Transaction Document for breaches of the terms and conditions of such other Transaction Document or seek (iii) of the Trust and L. ▇▇▇▇▇▇▇ pursuant to recover monetary damages for breach of this Agreement from, any Non-Recourse Partythe E▇▇▇▇▇▇ Guarantee.
Appears in 1 contract
Non-Recourse. This Agreement may only be enforced against, and any All claims or causes of action (whether in contract or in tort, in law or in equity) that may be based upon, arise out of or relate to this AgreementAgreement or the other Transaction Documents, or the negotiation, execution or performance of this Agreement or the other Transaction Documents (including any representation or warranty made in or in connection with this Agreement or the other Transaction Documents or as an inducement to enter into this Agreement or the other Transaction Documents), may only be made only against the persons or entities that are expressly identified as parties hereto and no formerthereto. No Person who is not a named party to this Agreement or the other Transaction Documents, current including any past, present or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates Representative of any a party hereto or any former, current or future shareholder, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or any of the foregoing (each, a “Non-Recourse PartyParty Representatives”) ), shall have any liability (whether in contract or in tort, in law or in equity, or based upon any theory that seeks to impose liability of an entity party against its owners or affiliates) for any obligations or liabilities of the parties arising under, in connection with or related to this Agreement or such other Transaction Documents (as the case may be) or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement againstor such other Transaction Documents (as the case may be) or the negotiation or execution hereof or thereof; and each Party hereto waives and releases all such liabilities, or seek to recover monetary damages for breach of this Agreement from, claims and obligations against any such Non-Recourse PartyParty Representatives.
Appears in 1 contract
Sources: Equity Capital Contribution Agreement (Stronghold Digital Mining, Inc.)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date hereof, including permitted assignees and successors, or that agree in writing for the benefit of the Company to be bound by the terms of this Agreement applicable to a Purchaser, and no former, current or future equityholders, controlling personsPersons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling personPerson, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Sources: Investment Agreement (Lindblad Expeditions Holdings, Inc.)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the Execution Date or that agree in writing for the benefit of Parent to be bound by the terms of this Agreement applicable to the Purchasers, and no former, current or future equityholders, controlling personsPersons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling personPerson, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations covenants, obligations, agreements or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Non-Recourse. This Agreement may only be enforced against(a) No past, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto and no former, current present or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholder, controlling person, director, officer, employee, general or limited partnerincorporator, member, managerpartner, agent stockholder, trustee, beneficiary, settlor, agent, attorney, representative or Affiliate affiliate of any party hereto or of any of the foregoing (each, a “Non-Recourse Party”) their respective affiliates shall have any liability (whether in contract or in tort) for any obligations or liabilities of the parties such party arising under, in connection with or related to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or hereby; provided, however, that nothing in this Section 5.11 shall limit any liability of the parties hereto for breaches of the terms and conditions of this Agreement.
(b) Each party to this Agreement enters into this Agreement solely on its own behalf, the obligations each Stockholder under this Agreement are several (with respect to itself) and not joint with the obligations of any representations made or alleged to other Stockholder and each such party shall be made in connection herewith. Without limiting the rights liable, severally and not jointly, solely for any breaches of any this Agreement by such party against the other parties hereto, and in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims be liable for breach breaches of this Agreement againstby any other party hereto. Nothing contained herein, and no action taken by any Stockholder pursuant hereto, shall be deemed to constitute the parties as a partnership, an association, a joint venture or any other kind of entity, or seek create a presumption that the parties are in any way acting in concert or as a group with respect to recover monetary damages for breach of the obligations or the transactions contemplated by this Agreement from, any Non-Recourse PartyAgreement.
Appears in 1 contract
Non-Recourse. This Notwithstanding anything to the contrary contained herein, this Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement or the transactions contemplated hereby, may only be made against the persons or entities and Persons that are expressly identified as parties hereto to this Agreement (or express guarantors of such parties’ obligations under this Agreement) in their capacities as such and no former, current or future equityholdersstockholders, equity holders, controlling persons, directors, officers, employees, general or limited partners, members, managers, agents or Affiliates of any party hereto hereto, or any former, current or future shareholderdirect or indirect stockholder, equity holder, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date hereof or that agree in writing for the benefit of the Company to be bound by the terms of this Agreement applicable to the Admiral Sellers, and no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Sources: Stock Issuance Agreement (WildHorse Resource Development Corp)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action Notwithstanding anything that may be based uponexpressed or implied in this Guaranty or any document or instrument delivered in connection herewith or otherwise, arise out and notwithstanding the fact that DBT Met Hotel Venture, LP (“DBT LP”) may be a limited partnership, by its acceptance of or relate to this Agreement, or the negotiation, execution or performance benefits of this Agreement may only be made against Guaranty, the persons or entities that are expressly identified as parties hereto Administrative Agent and no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholder, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or any each of the foregoing (each, a “Guarantied Parties acknowledge and agree that no DBT Non-Recourse Party”) Party has any obligation hereunder and that no recourse shall have be had hereunder or under any liability for any obligations document or liabilities of the parties to this Agreement instrument delivered in connection herewith, or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby such obligations or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties heretotheir creation, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement fromand no personal liability shall attach to, any DBT Non-Recourse Party, through the Administrative Agent or the Guarantied Parties or otherwise, whether by or through attempted piercing of the corporate veil, by or through a claim by or on behalf of the Administrative Agent or the Guarantied Parties against any DBT Non-Recourse Party, by the enforcement of any assessment, by any legal or equity proceeding, by virtue of any applicable law, or otherwise. For purposes of this Section 32, “DBT Non-Recourse Party” shall mean any former, current and future equity holders, controlling persons, directors, officers, employees, agents, affiliates, or general or limited partners of DBT LP (including without limitation, Highgate Oxford New York II, LLC, a Delaware limited partnership, and its successors and affiliates), other than any Guarantor.
Appears in 1 contract
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date hereof and no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby Transactions or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Sources: Series a Preferred Stock Purchase Agreement (Eastman Kodak Co)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto hereto, and no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith, other than as expressly set forth in the Equity Commitment Letter. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party., other than as expressly set forth in the Equity Commitment Letter. [Signature page follows]
Appears in 1 contract
Sources: Purchase Agreement (MRC Global Inc.)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date hereof or that agree in writing for the benefit of Issuer to be bound by the terms of this Agreement applicable to the Purchasers, and no former, current or future equityholders, controlling personsPersons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling personPerson, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations covenants, obligations, agreements or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Non-Recourse. This Agreement may only be enforced against, and any claims claim, action, suit, or causes of action that may be other legal proceeding based upon, arise arising out of of, or relate related to this Agreement, or the negotiation, execution execution, or performance of this Agreement Agreement, may only be made brought against the persons or entities Persons that are expressly identified named as parties hereto and no formerthen only with respect to the specific obligations set forth herein with respect to such party. No past, current present, or future equityholdersdirector, officer, employee, incorporator, manager, member, general or limited partner, shareholder, equityholder, controlling personsperson, directorsAffiliate, officersagent, employeesattorney, agents or Affiliates other representative of any party hereto or any former, current of their successors or future shareholder, controlling person, permitted assigns or any direct or indirect director, officer, employee, incorporator, manager, member, general or limited partner, membershareholder, managerequityholder, agent controlling person, Affiliate, agent, attorney, representative, successor, or Affiliate or permitted assign of any of the foregoing that is not party to this Agreement (each, a “Non-Recourse Party”) ), shall have any liability Liability for any obligations or liabilities of the parties to any party hereto under this Agreement or for any claim (whether in tort, contract Claim or otherwise) action based on, in respect of, or by reason of, of the transactions contemplated hereby Transactions or in respect of any written or oral representations made or alleged to be made in connection herewithherewith (whether in tort, contract, or otherwise). Without limiting the rights of any party to this Agreement against the any other parties party hereto, in no event shall Purchaser, any party Seller, Seller Representative, any Acquired Entity, or any of its their respective Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Sources: Equity Purchase Agreement (Innovex Downhole Solutions, Inc.)
Non-Recourse. This Subject to the Fund Guarantee, this Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date hereof, including permitted assignees and successors, or that agree in writing for the benefit of the Company to be bound by the terms of this Agreement applicable to the Purchaser, and no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without Subject to the Fund Guarantee, without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Non-Recourse. This Notwithstanding anything that may be expressed or implied in this Agreement or any document or instrument delivered in connection herewith, by their acceptance of the benefits of the Agreement, the Parties covenant, agree and acknowledge that no Person other than the Parties (and their successors and permitted assigns) has any rights, remedies, benefits, liabilities, obligations or commitments (whether known or unknown or whether contingent or otherwise) hereunder, and no personal liability shall attach to the former, current or future equity holders, controlling persons, directors, officers, employees, agents, Affiliates, members, managers or general or limited partners of any of the Parties or any former, current or future equity holder, controlling person, director, officer, employee, agent, Affiliate, member, manager, general or limited partner, financing sources or Representatives of any of the foregoing or their successors or assigns other than the Parties (each a “Non-Recourse Party”), whether by or through attempted piercing of the corporate veil, by or through a claim by or on behalf of a Party against any Non-Recourse Party, by the enforcement of any assessment or by any legal or equitable proceeding, by virtue of any statute, regulation or applicable law, or otherwise, other than (a) such Party’s rights and claims under this Agreement against the Parties and their respective actual assignees and (b) any Person’s rights and claims under any other agreement entered into in connection with the Joint Bid or the Transactions against the other parties thereto; and the Parties hereby further agree that this Agreement may only be enforced against, and any claims action, cause of action, claim, demand or causes of other similar action or proceeding that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto and no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholder, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason ofagainst, the transactions contemplated hereby Persons expressly named as Parties (or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties heretoWithdrawing Parties, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Partyas applicable).
Appears in 1 contract
Sources: Joint Bidding and Cost Sharing Agreement (Searchlight IV KOR, L.P.)
Non-Recourse. This Notwithstanding anything to the contrary contained in this Agreement, this Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement or the Transactions, may only be made against the persons or entities Persons that are expressly identified as parties hereto Parties herein in their capacities as such and no former, current or future stockholders, equityholders, controlling persons, directors, officers, employees, agents general or limited partners, members, managers, agents, representatives or Affiliates or successors or assignees of any party hereto Party, or any former, current or future shareholderdirect or indirect stockholder, equity holder, controlling person, director, officer, employee, general or limited partner, member, manager, agent agent, representative or Affiliate or successor or assignee of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement Parties or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby Transactions or in respect of any representations made or alleged to be made in connection herewith; provided, however, that nothing herein shall limit the obligations of any Non-Recourse Party under any Ancillary Document to which such Non-Recourse Party is party, even if the basis for obligations thereunder relate to or arise from obligations hereunder. Without limiting the rights of any party Party against the other parties heretoParties, in no event shall any party Party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Sources: Merger Agreement (Aon PLC)
Non-Recourse. This Agreement may only be enforced against, and any All claims or causes of action (whether in contract or in tort, in law or in equity, by statute or otherwise) that may be based upon, arise out of or relate to this AgreementAgreement or the other Transaction Documents, or the negotiation, execution or performance of this Agreement or the other Transaction Documents (including any representation or warranty made in or in connection with this Agreement or the other Transaction Documents or as an inducement to enter into this Agreement or the other Transaction Documents), may only be made only against the persons or entities Persons that are expressly identified as parties hereto and no formerthereto. No Person who is not a named party to this Agreement or the other Transaction Documents, current including any past, present or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholder, controlling person, director, officer, employee, general or limited partnerincorporator, member, managerpartner, agent stockholder, equityholder, controlling person, Affiliate, agent, attorney or Affiliate representative of any named party to this Agreement or any of the foregoing other Transaction Documents (each, a the “Non-Recourse PartyParty Affiliates”) shall have any liability (whether in contract or in tort, in law or in equity, by statute or otherwise, or based upon any theory that seeks to impose liability of an entity party against its owners or Affiliates, including by or through theories of equity, agency, control, instrumentality, single business enterprise, piercing the veil or undercapitalization) for any obligations or liabilities of the parties arising under, in connection with or related to this Agreement or the other Transaction Documents (as the case may be) or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement againstor the other Transaction Documents (as the case may be) or the negotiation or execution hereof or thereof; and each Party waives and releases all such liabilities, or seek to recover monetary damages for breach of this Agreement from, claims and obligations against any such Non-Recourse PartyParty Affiliates. Notwithstanding the foregoing, this Section 7.16 shall be subject to Section 7.9(h).
Appears in 1 contract
Sources: Asset Purchase Agreement
Non-Recourse. This Notwithstanding anything that may be expressed or implied in this Agreement or any document or instrument delivered in connection herewith, by their acceptance of the benefits of the Agreement, the Parties covenant, agree and acknowledge that no Person other than the Parties (and their successors and permitted assigns) has any rights, remedies, benefits, liabilities, obligations or commitments (whether known or unknown or whether contingent or otherwise) hereunder, and no personal liability shall attach to the former, current or future equity holders, controlling persons, directors, officers, employees, agents, Affiliates, members, managers or general or limited partners of any of the Parties or any former, current or future equity holder, controlling person, director, officer, employee, agent, Affiliate, member, manager, general or limited partner, financing sources or Representatives of any of the foregoing or their successors or assigns other than the Parties (each a “Non-Recourse Party”), whether by or through attempted piercing of the corporate veil, by or through a claim by or on behalf of a Party against any Non-Recourse Party, by the enforcement of any assessment or by any legal or equitable proceeding, by virtue of any statute, regulation or applicable law, or otherwise, other than (i) such Party’s rights and claims under this Agreement against the Parties and their respective actual assignees and (ii) any Person’s rights and claims under any other agreement entered into in connection with the Joint Bid or the Transactions against the other parties thereto; and the Parties hereby further agree that this Agreement may only be enforced against, and any claims action, cause of action, claim, demand or causes of other similar action or proceeding that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto and no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholder, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason ofagainst, the transactions contemplated hereby Persons expressly named as Parties (or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties heretoWithdrawing Parties, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Partyas applicable).
Appears in 1 contract
Sources: Joint Bidding and Cost Sharing Agreement (Crestview Partners III GP, L.P.)
Non-Recourse. This Unless expressly agreed to otherwise by the Parties in writing (or, in the case of the other Transaction Documents, by the parties thereto in writing), this Agreement may only be enforced against, and any claims or causes of action that may be based uponProceeding in connection with, arise arising out of or relate to otherwise resulting from this Agreement, or the negotiation, execution any instrument or performance of other document delivered pursuant to this Agreement or the Transactions, may only be made brought against the persons Persons expressly named as Parties (or entities that are expressly identified as parties hereto any of their respective successors, legal representatives and no formerpermitted assigns) and then only with respect to the specific obligations set forth herein with respect to such Party. No past, current present or future equityholdersdirector, controlling personsemployee (including any officer), directorsincorporator, officersmanager, employeesmember, agents partner, stockholder, other equity holder or Affiliates of any party hereto or any former, current or future shareholderpersons in a similar capacity, controlling person, directorAffiliate or Representative of any Party or of any Affiliate of any Party, officer, employee, general or limited partner, member, manager, agent or Affiliate or any of their respective successors, Representatives and permitted assigns (unless, for the foregoing (eachavoidance of doubt, such Person is a “Non-Recourse Party”) ), shall have any liability or other obligation for any obligations or liabilities obligation of the parties to any Party under this Agreement or for any claim (whether Proceeding in tortconnection with, contract arising out of or otherwise) based on, in respect ofotherwise resulting from this Agreement, or by reason of, the transactions contemplated hereby any instrument or in respect of any representations made or alleged other document delivered pursuant to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement againstor the Transactions; provided, make however, that nothing in this Section 9.9 shall limit any claims liability or other obligation (i) of the Parties for breach breaches of the terms and conditions of this Agreement againstAgreement, (ii) of the parties to any other Transaction Document for breaches of the terms and conditions of such other Transaction Document or seek (iii) of the Trust and ▇. ▇▇▇▇▇▇▇ pursuant to recover monetary damages for breach of this Agreement from, any Non-Recourse Partythe ▇▇▇▇▇▇▇ Guarantee.
Appears in 1 contract
Sources: Agreement and Plan of Merger (Warner Bros. Discovery, Inc.)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement Agreement, may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date hereof, and no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any either party against the other parties party hereto, in no event shall any either party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Sources: Investment Agreement (Roadrunner Transportation Systems, Inc.)
Non-Recourse. This Notwithstanding anything to the contrary contained in this Agreement, this Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement or the Transactions, may only be made against the persons or entities and Persons that are expressly identified as parties hereto Parties herein in their capacities as such and no former, current or future equityholdersstockholders, equity holders, controlling persons, directors, officers, employees, general or limited partners, members, managers, agents or Affiliates of any party hereto Party hereto, or any former, current or future shareholderdirect or indirect stockholder, equity holder, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability Liability for any obligations or liabilities Liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby Transactions or in respect of any representations made or alleged to be made in connection herewith; provided, however, that nothing herein shall limit the obligations of any Non-Recourse Party under any Ancillary Document to which such Non-Recourse Party is party, even if the basis for obligations thereunder relate to or arise from obligations hereunder. Without limiting the rights of any party against the other parties Parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Sources: Merger Agreement (Okta, Inc.)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, Agreement or the negotiation, execution or performance of this Agreement may only be made against against, the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date hereof, and no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, each a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any either party against the other parties party hereto, in no event shall any either party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Sources: Series a Convertible Preferred Stock Purchase Agreement (Kopin Corp)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto and after the date hereof or that agree in writing for the benefit of the Company to be bound by the terms of this Agreement applicable to the Company, and, subject only to the specific contractual provisions hereof, no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby Transactions or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse PartyParty in connection with this Agreement.
Appears in 1 contract
Sources: Investment Agreement (Norwegian Cruise Line Holdings Ltd.)
Non-Recourse. This Agreement may only be enforced against, and any claims claim or causes cause of action that may be based upon, arise arising out of or relate related to this Agreement, or the negotiation, execution or performance of this Agreement may only be made brought against the persons or entities Persons that are expressly identified named as parties hereto to this Agreement. Except to the extent named as a party to this Agreement, and then only to the extent of the specific obligations of such parties set forth in this Agreement, no formerpast, current present or future equityholdersequityholder, controlling personsmember, directorspartner, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholder, controlling personmanager, director, officer, employee, general or limited partner, member, managerAffiliate, agent or Affiliate representative of any party or the Company will have any liability (whether in contract, tort, equity or otherwise) for any of the foregoing (eachrepresentations, a “Non-Recourse Party”) shall have any liability for any warranties, covenants, agreements or other obligations or liabilities of any of the parties to this Agreement or for any claim (whether in tortbased upon, contract arising out of or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged related to be made in connection herewiththis Agreement. Without limiting the rights foregoing, no claim will be brought or maintained by Parent or any other Parent Indemnified Party against any present or future equityholder, member, partner, manager, director, officer, employee, Affiliate, agent or representative of any party that is not otherwise expressly identified as a party, and no recourse will be brought or granted against any of them, by virtue of or based upon any alleged misrepresentation or inaccuracy in or breach or nonperformance of any of the other parties heretorepresentations, in no event shall warranties, covenants or agreements of any party set forth or contained in this Agreement (including any Exhibit, the Disclosure Schedule, or any of its Affiliates seek to enforce this Agreement against, make other Schedule) or any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Partycertificate delivered hereunder.
Appears in 1 contract
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto and after the date hereof or that agree in writing for the benefit of Seller to be bound by the terms of this Agreement, and, subject only to the specific contractual provisions hereof, no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (in each case other than the parties hereto) (each, a “"Non-Recourse Party”") shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party. For the avoidance of doubt, nothing in this Agreement shall limit the rights or remedies of the parties to the Merger Agreement, as provided therein.
Appears in 1 contract
Sources: Purchase Agreement (Teekay Corp)
Non-Recourse. This Agreement may only be enforced againstAll actions, suits, claims and proceedings at law or in equity, or arbitration or administrative or other proceedings by or before any claims Governmental Authority (whether in contract or causes of action in tort, in law or in equity) that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement (including any representation or warranty made in or in connection with this Agreement or as an inducement to enter into this Agreement), may only be made only against the persons or entities that are expressly identified as parties hereto and no formerhereto. No Person who is not a named party to this Agreement, current including without limitation any Affiliate or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates other Representative of any named party hereto or any former, current or future shareholder, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate to this Agreement or any of the foregoing Purchaser’s financing sources (each, a “Non-Recourse PartyParty Affiliates”) ), shall have any liability (whether in contract or in tort, in law or in equity, or based upon any theory that seeks to impose liability of an entity party against its owners or Affiliates) for any obligations Liabilities arising under, in connection with or liabilities of the parties related to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach its negotiation or execution; and each party hereto waives and releases all such Liabilities against any such Non-Party Affiliates. In the event that any provision of this Agreement fromprovides that a party hereto shall cause its Affiliates and/or Representatives to take any action (or refrain from taking any action) or otherwise purports to be binding on such party’s Affiliates and/or Representatives, such party shall be liable for any Non-Recourse Partybreach of such provision by any such Affiliate or Representative.
Appears in 1 contract
Sources: Asset Purchase Agreement (Maxwell Technologies Inc)
Non-Recourse. This Notwithstanding anything to the contrary in this Agreement or any documents, certificates, instruments or other papers that are reasonably required for the consummation of the transactions contemplated herein, this Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance Action for breach of this Agreement may only be made against against, the persons or entities that are expressly identified herein as parties hereto to this Agreement and no former, current or future equityholdersaffiliate, subsidiary, general or limited partner, stockholder, controlling personsPerson, directorsmanager, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholder, controlling personmember, director, officer, employee, general or limited partner, member, managerrepresentative, agent or Affiliate or any of their respective assignees or successors of the foregoing (each, parties hereto that is not a “Non-Recourse Party”) party to this Agreement shall have any liability for any liabilities or obligations or liabilities of the parties to this Agreement or hereto for any claim Action (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby for breach of this Agreement or in respect of any oral representations made or alleged to be made in connection herewith. Without limiting , no party hereto shall have any rights of recovery in respect hereof against any affiliate of any of the other parties hereto and no personal liability shall attach to any affiliate of any of the parties hereto through such party or otherwise, whether by or through attempted piercing of the corporate veil, by the enforcement of any Judgment or by virtue of any applicable Law, or otherwise; provided, however, that nothing in this Section 5.16 shall limit the rights of any party the parties hereto against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce hereto under this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse PartyAgreement.
Appears in 1 contract
Sources: Stock Purchase Agreement (MacAndrews & Forbes Inc.)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto and no none of the Company’s, Authentic’s, Parent’s or Merger Sub’s former, current or and future equityholdersAffiliates, assignees, stockholders, limited partners, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto agents, attorneys or any formerother Representatives not parties hereto (collectively, current or future shareholder, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or any of the foregoing (each, a “Non-Recourse PartyParties”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party (x) the Company against Authentic, Parent or Merger Sub or (y) Authentic, Parent and Merger Sub against the other parties heretoCompany, in no event shall any party Party or any of its Affiliates, and each Party agrees not to and to cause its controlled Affiliates not to, seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party affiliated with the other Party.
Appears in 1 contract
Sources: Merger Agreement (Guess Inc)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be Claim based upon, arise arising out of of, or relate related to this Agreement, or the negotiation, execution or performance of this Agreement Agreement, may only be made brought against the persons or entities that are expressly identified named as parties hereto and no formerthen only with respect to the specific obligations set forth herein with respect to such party. No past, current present or future equityholdersdirector, officer, employee, incorporator, manager, member, general or limited partner, shareholder, equityholder, controlling personsperson, directorsAffiliate, officersagent, employees, agents attorney or Affiliates other Representative of any party hereto or any former, current of their successors or future shareholder, controlling person, permitted assigns or any direct or indirect director, officer, employee, incorporator, manager, member, general or limited partner, membershareholder, managerequityholder, agent controlling person, Affiliate, agent, attorney, Representative, successor or Affiliate or permitted assign of any of the foregoing (each, a “Non-Recourse Party”) ), shall have any liability for any obligations or liabilities of the parties to any party under this Agreement or for any claim proceeding (whether in tort, contract or otherwise) based on, in respect of, of or by reason of, of the transactions contemplated hereby or in respect of any written or oral representations made or alleged to be made in connection herewith. Without limiting the rights of any party the Parent against the other parties heretoShareholder, in no event shall any party the Parent or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Non-Recourse. This Notwithstanding anything to the contrary contained herein or otherwise, this Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement or the transactions contemplated hereby, may only be made against the persons or entities and Persons that are expressly identified as parties hereto to this Agreement in their capacities as such and no former, current or future equityholdersstockholders, equity holders, controlling persons, directors, officers, employees, agents general or limited partners, members, managers, agents, the Company Debt Financing Sources, the Parent Debt Financing Sources or Affiliates of any party hereto hereto, or any former, current or future shareholderdirect or indirect stockholder, equity holder, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any oral representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party. Notwithstanding the foregoing, the parties to the Confidentiality Agreement may assert claims or causes of action, or otherwise commence litigation, under or in accordance with the Confidentiality Agreement against the other parties thereto.
Appears in 1 contract
Sources: Agreement and Plan of Merger (Engility Holdings, Inc.)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date hereof or that agree in writing for the benefit of the Company to be bound by the terms of this Agreement applicable to the Purchasers, and no former, current or future equityholders, controlling personsPersons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling personPerson, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party. [Signature Page Follows.]
Appears in 1 contract
Sources: Securities Purchase Agreement (Earthstone Energy Inc)
Non-Recourse. This Except in the case of fraud, this Agreement may only be enforced against, and any claims claim or causes cause of action that may be Action based upon, arise arising under, out of of, or relate in connection with, or related in any manner to this Agreement, Agreement or the negotiation, execution or performance of this Agreement transactions contemplated hereby may only be made against brought against, the persons or entities that are expressly identified named as parties hereto Parties in the preamble of this Agreement (the “Contracting Parties”) and then only with respect to the specific obligations set forth herein with respect to such Contracting Party. Except in the case of fraud, no formerPerson that is not a Contracting Party, current including any past, present or future equityholders, controlling persons, directors, officers, employees, agents Representative or Affiliates Affiliate of any party hereto Contracting Party or any former, current or future shareholder, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse PartyNonparty Affiliate”) ), shall have any liability Liability (whether in contract, tort, at law or in equity, or granted by statute or otherwise) for any claims, causes or action or other obligations or liabilities of the parties Liabilities arising under, out of, or in connection with, or related in any manner to this Agreement or for any claim (whether in tortthe transactions contemplated hereby, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement againstor its negotiation, execution, performance or seek to recover monetary damages for breach breach. To the maximum extent permitted by applicable Law, except in the case of this Agreement fromfraud, (a) each Contracting Party hereby waives and releases all such Liabilities, claims, causes of action and other obligations and Liabilities against any Non-Recourse Party.such Nonparty Affiliates,
Appears in 1 contract
Non-Recourse. Except as contemplated by Sections 6.2, 6.3 and 6.8 with respect to the Investor Releasing Parties, which shall not be limited in any way by this Section 9.11:
(a) This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto hereto, including entities that agree in writing for the benefit of the Company to be bound by specified terms of this Agreement as contemplated herein, and no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby Repurchase or in respect of any representations made or alleged to be made in connection herewith. ; and
(b) Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Sources: Stock Repurchase Agreement (Liberty TripAdvisor Holdings, Inc.)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action or proceedings that may be based upon, arise out of or relate to this Agreement, Agreement or the negotiation, execution or performance of this Agreement Agreement, may only be made against the persons or entities that are expressly identified as Parties hereto, including entities that become identified parties hereto and after the date hereof, and, subject only to the specific contractual provisions hereof, no former, current or future equityholders, controlling persons, affiliates or subsidiaries, or any directors, officers, employees, or agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, affiliate or subsidiary, or any director, officer, employee, general employee or limited partner, member, manager, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties Parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made set out herein or alleged in any document or instrument executed pursuant to be made in connection herewithSection 4.05 hereof. Without limiting the rights of any party Party against the other parties Party hereto, in no event shall any party Party or any of its Affiliates subsidiaries seek to enforce this Agreement against, or make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Sources: Investment Agreement (Mercuria Asset Holdings (Hong Kong) LTD)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date hereof, and no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any either party against the other parties party hereto, in no event shall any either party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Non-Recourse. This Notwithstanding anything to the contrary in this Agreement or any documents, certificates, instruments or other papers that are reasonably required for the consummation of the transactions contemplated herein, this Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance Action for breach of this Agreement may only be made against against, the persons or entities that are expressly identified herein as parties hereto to this Agreement and no former, current or future equityholdersaffiliate, subsidiary, general or limited partner, stockholder, controlling personsPerson, directorsmanager, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholder, controlling personmember, director, officer, employee, general or limited partner, member, managerrepresentative, agent or Affiliate or any of their respective assignees or successors of the foregoing (each, parties hereto that is not a “Non-Recourse Party”) party to this Agreement shall have any liability for any liabilities or obligations or liabilities of the parties to this Agreement or hereto for any claim Action (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby for breach of this Agreement or in respect of any oral representations made or alleged to be made in connection herewith. Without limiting , no party hereto shall have any rights of recovery in respect hereof against any affiliate of any of the other parties hereto and no personal liability shall attach to any affiliate of any of the parties hereto through such party or otherwise, whether by or through attempted piercing of the corporate veil, by the enforcement of any Judgment or by virtue of any applicable Law, or otherwise; provided, however, that nothing in this Section 5.17 shall limit the rights of any party the parties hereto against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce hereto under this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse PartyAgreement.
Appears in 1 contract
Non-Recourse. This With respect to Buyer, this Agreement may only be enforced against, and any claims or causes of action actions that may be based upon, arise out of of, or relate to this Agreement, the other Transaction Documents or the negotiation, execution execution, or performance of this Agreement Agreement, the other Transaction Documents or the Contemplated Transactions, may only be made against the persons or entities that are expressly identified Buyer as parties hereto a party to this Agreement in its capacity as such and no former, current current, or future equityholders, controlling persons, directors, officers, employees, agents general or limited partners, members, managers, agents, or Affiliates of any party hereto Buyer or any former, current current, or future shareholderdirect or indirect equityholder, controlling person, director, officer, employee, general or limited partner, member, manager, agent agent, or Affiliate or of any of the foregoing (each, a “"Non-Recourse Party”") shall have any liability Liability for any obligations or liabilities Liabilities of Buyer under this Agreement, the parties to this Agreement other Transaction Documents or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby Contemplated Transactions or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party Party against the other parties heretoParties, in no event shall any party Party or any of its Affiliates seek to enforce this Agreement or the other Transaction Documents against, make any claims for breach of this Agreement or the other Transaction Documents against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Non-Recourse. This Agreement may only be enforced againstAll claims (whether in Contract or in tort, and any claims in law or causes of action in equity) that may be based upon, arise out of or relate to this Agreement, the Transactions or the negotiation, execution execution, performance or non-performance of this Agreement (including any representation or warranty made in or in connection with this Agreement or as an inducement to enter into this Agreement) may only be made by any party hereto or any third party beneficiary of any relevant provision hereof only against the persons or entities Persons that are expressly identified as parties hereto and no formerhereto. No Person who is not a named party to this Agreement, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of including any party hereto or any former, current or future shareholder, controlling person, director, officer, employee, general or limited partnerincorporator, member, managerpartner, agent stockholder, Affiliate, agent, attorney or Affiliate or Representative of any of the foregoing named party to this Agreement that is not itself a named party to this Agreement (each, a “Non-Recourse PartyParty Affiliates”) ), shall have any Liability (whether in Contract or in tort, in law or in equity, or based upon any theory that seeks to impose liability of an entity party against its owners or Affiliates) to any party to this Agreement for any obligations Liabilities arising under, in connection with or liabilities of the parties related to this Agreement or the Transactions or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement againstor its negotiation or execution; and each party hereto waives and releases all such Liabilities, or seek to recover monetary damages for breach claims and obligations against any such Non-Party Affiliates. The parties acknowledge and agree that the Non-Party Affiliates are intended third-party beneficiaries of this Agreement from, any Non-Recourse PartySection 10.13.
Appears in 1 contract
Sources: Merger Agreement (Akili, Inc.)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the Execution Date or that agree in writing for the benefit of the Company to be bound by the terms of this Agreement applicable to the Purchasers, and no former, current or future equityholders, controlling personsPersons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling personPerson, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations covenants, obligations, agreements or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Sources: Securities Purchase Agreement (Earthstone Energy Inc)
Non-Recourse. This Notwithstanding anything to the contrary contained herein or otherwise, this Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement or the transactions contemplated hereby, may only be made against the persons or entities and Persons that are expressly identified as parties hereto Parties to this Agreement in their capacities as such and no former, current or future equityholdersstockholders, equity holders, controlling persons, directors, officers, employees, general or limited partners, members, managers, agents or Affiliates of any party hereto hereto, or any former, current or future shareholderdirect or indirect stockholder, equity holder, controlling person, director, officer, employee, general or limited partner, member, manager, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Non‑Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement Parties or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party Party against the other parties Parties hereto, in no event shall any party Party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Sources: Interest Purchase Agreement (Owens & Minor Inc/Va/)
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date hereof or that agree in writing for the benefit of the Company to be bound by the terms of this Agreement applicable to the Company, and, subject only to the specific contractual provisions hereof and the Sponsor Guarantee, no former, current or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderequityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties heretohereto and subject to the Sponsor Guarantee, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Non-Recourse. This Notwithstanding anything to the contrary contained in this Agreement, this Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of of, or relate to this Agreement, or the negotiation, execution execution, or performance of this Agreement or the transactions contemplated hereby, may only be made against the persons or entities and Persons that are expressly identified as parties hereto herein in their capacities as such and no former, current current, or future equityholdersstockholders, equity holders, controlling persons, directors, officers, employees, agents general or limited partners, members, managers, agents, or Affiliates of any party hereto hereto, or any former, current current, or future shareholderdirect or indirect stockholder, equity holder, controlling person, director, officer, employee, general or limited partner, member, manager, agent agent, or Affiliate or of any of the foregoing (each, other than the parties hereto, a “Non-Recourse Party”) shall have any liability Liability for any obligations or liabilities Liabilities of the parties to this Agreement or for any claim (whether in tort, contract contract, or otherwise) based on, in respect of, or by reason of, of the transactions contemplated hereby Transactions or in respect of any representations made or alleged to be made in connection herewith; provided, however, that nothing herein shall limit the obligations of any Non-Recourse Party under any Ancillary Document to which such Non-Recourse Party is party, even if the basis for obligations thereunder relate to or arise from obligations hereunder. Without limiting the rights of any party against the other parties heretoParties, in no event shall any party or any of its controlled Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Sources: Share Purchase Agreement (SMART Global Holdings, Inc.)
Non-Recourse. This Agreement may only be enforced against, and any claims claim or causes cause of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement Agreement, the transactions contemplated hereby or the subject matter hereof may only be made against the persons or entities that are expressly identified as parties hereto and no formerpast, current present or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholder, controlling personAffiliate, director, officer, employee, general or limited partnerincorporator, member, manager, agent partner, shareholder, agent, attorney, advisor or Affiliate representative of any party hereto or any past, present or future Affiliate, director, officer, employee, incorporator, member, manager, partner, stockholder, agent, attorney, advisor or representative of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewithhereby. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Non-Recourse. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the persons or entities that are expressly identified as parties hereto, including entities that become parties hereto after the date hereof or that agree in writing for the benefit of the Company to be bound by the terms of this Agreement applicable to the Purchaser, and no former, current or future direct or indirect equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholderdirect or indirect equityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or Affiliate or of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewiththis Agreement. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its Affiliates, and each party agrees to cause their Affiliates not to, seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party. Notwithstanding anything herein the contrary, nothing in this Agreement shall limit the rights of the parties hereto to make any claims for breach of contract against, seek to recover monetary damages from or otherwise enforce their rights against the Limited Partners under the terms of, and subject to the conditions set forth in, the Equity Commitment Letters.
Appears in 1 contract
Non-Recourse. This Agreement may only be enforced against, and any Any claims or causes of action (whether in contract or in tort, in law or in equity) that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement (including any representation or warranty made in or in connection with this Agreement or as an inducement to enter into this Agreement), may only be made only against the persons or entities that are expressly identified as parties hereto and no formera Party. No Person who is not a named Party to this Agreement, current including any past, present or future equityholders, controlling persons, directors, officers, employees, agents or Affiliates of any party hereto or any former, current or future shareholder, controlling person, director, officer, employee, general or limited partnerincorporator, member, managerpartner, agent equityholder, Affiliate, agent, attorney or Affiliate or representative of any of the foregoing named Party to this Agreement (each, a “Non-Recourse PartyParty Affiliates”) ), shall have any liability (whether in contract or in tort, in law or in equity, or based upon any theory that seeks to impose liability of an entity party against its owners or Affiliates) for any obligations or liabilities of the parties arising under, in connection with or related to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason ofof this Agreement or its negotiation or execution; and each Party waives and releases all such liabilities, the transactions contemplated hereby or in respect of claims and obligations against any representations made or alleged to be made in connection herewithsuch Non-Party Affiliate. Without limiting the rights of any party against the other parties hereto, in In no event shall any Person be liable for the Fraud of any other Person, and a claim for Fraud may only be asserted against the Person that committed such Fraud. The Parties agree that the Non-Party Affiliates are express third party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach beneficiaries of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse PartySection 14.16.
Appears in 1 contract
Sources: Membership Interest Purchase Agreement (Intuitive Machines, Inc.)
Non-Recourse. This Agreement may only be enforced against, and any claims claim, action, suit, or causes of action that may be other legal proceeding based upon, arise arising out of of, or relate related to this Agreement, or the negotiation, execution execution, or performance of this Agreement Agreement, may only be made brought against the persons or entities Persons that are expressly identified named as parties hereto and no formerthen only with respect to the specific representations, current warranties, covenants and agreements set forth herein with respect to such party. No past, present, or future equityholdersdirector, officer, employee, incorporator, manager, member, general or limited partner, shareholder, equityholder, controlling personsperson, directorsAffiliate, officersagent, employeesattorney, agents or Affiliates other representative of any party hereto or any former, current of their successors or future shareholder, controlling person, permitted assigns or any direct or indirect director, officer, employee, incorporator, manager, member, general or limited partner, membershareholder, managerequityholder, agent controlling person, Affiliate, agent, attorney, representative, successor, or Affiliate or permitted assign of any of the foregoing that is not party to this Agreement (each, a “Non-Recourse Party”) ), shall have any liability Liability for any obligations or liabilities of the parties to any party hereto under this Agreement or for any claim (whether in tort, contract Claim or otherwise) action based on, in respect of, or by reason of, of the transactions contemplated hereby or in respect of any written or oral representations made or alleged to be made in connection herewithherewith (whether in tort, contract, or otherwise). Without limiting the rights of any party to this Agreement against the any other parties party hereto, in no event shall any party hereto or any of its their respective Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages for breach of this Agreement from, any Non-Recourse Party.
Appears in 1 contract
Sources: Framework Agreement (Village Farms International, Inc.)