OBLIGATIONS AS CORPORATE OBLIGATIONS. No party shall have any recourse against nor shall any personal liability attach to any shareholder, officer, agent, employee or director of the Issuer or the Mortgages Trustee in his capacity as such, by any Proceedings or otherwise, in respect of any obligation, covenant, or agreement of the Issuer or the Mortgages Trustee contained in this Agreement.
OBLIGATIONS AS CORPORATE OBLIGATIONS. 24.1 No recourse against shareholders and others No Transaction Party which is a party to this Agreement shall have any recourse against, nor shall any personal liability attach to, any shareholder, officer, agent, employee or director of the Issuer or any other Transaction Party in its capacity as such, by any proceedings or otherwise, in respect of any obligation, covenant, or agreement of the Issuer contained in the Transaction Documents.
OBLIGATIONS AS CORPORATE OBLIGATIONS. 11.1 No recourse against shareholders and others No Transaction Party shall have any recourse against, nor shall any personal liability attach to, any shareholder, officer, agent, employee or director of the Issuer or any other Transaction Party in its capacity as such, by any proceedings or otherwise, in respect of any obligation, covenant, or agreement of the Issuer contained in the Transaction Documents.
OBLIGATIONS AS CORPORATE OBLIGATIONS. 15.1 No Transaction Party which is a party to this Agreement shall have any recourse against nor shall any personal liability attach to any shareholder, officer, agent, employee or director of the Issuer in his capacity as such, by any proceedings or otherwise, in respect of any obligation, covenant, or agreement of the Issuer contained in this Agreement.
OBLIGATIONS AS CORPORATE OBLIGATIONS. 16.1 No recourse against shareholders and others The Companies shall not have recourse against any shareholder, officer, agent, employee or director of the Corporate Services Provider in his capacity as such, by any Proceedings or otherwise, in respect of any obligation, covenant, or agreement of the Companies (acting in any capacity whatsoever) contained in this Agreement, any Transaction Document or otherwise.
OBLIGATIONS AS CORPORATE OBLIGATIONS. (a) No Party shall have any recourse against nor shall any personal liability attach to any shareholder, officer, agent, employee or director of French FleetCo or the French Security Trustee in his capacity as such, by any Proceedings or otherwise, in respect of any obligation, covenant, or agreement of French FleetCo or the French Security Trustee contained in this Agreement.
OBLIGATIONS AS CORPORATE OBLIGATIONS. 2.1 No recourse against shareholders and others No party to this Expenses Loan Agreement shall have any recourse against any director, shareholder, officer, agent, employee or director of any other party to this Expenses Loan Agreement in his capacity as such, by any legal proceedings or otherwise, in respect of any obligation, covenant or agreement of such party (acting in any capacity whatsoever) contained in this Expenses Loan Agreement.
OBLIGATIONS AS CORPORATE OBLIGATIONS. 8.1 No recourse against Shareholders and others Each of the Dealers shall not have any recourse against nor shall any personal liability attach to any shareholder, officer, employee, agent, secretary or director of the Issuer, HSBC, Loan Note Issuer No.1 and the Receivables Trustee in his capacity as such by any Proceedings or otherwise, by virtue of any statute or otherwise and any and all personal liability for breaches by the Issuer, HSBC, the Loan Note Issuer No.1 or the Receivables Trustee of any such obligations, covenants, or agreements, either at law or by statute or constitution, of every shareholder, officer, agent, secretary or director is hereby expressly waived by the Issuer, HSBC, the Loan Note Issuer No.1 or the Receivables Trustee and each of the Dealers as a condition of and consideration for the execution of this Agreement, provided that no such waiver of personal liability of any shareholder, officer, agent or director of the Issuer, HSBC, the Loan Note Issuer No.1 or the Receivables Trustee as referred to above shall apply where any liability or claim under this Agreement arises by reason of the fraud or wilful misconduct of the relevant shareholder, officer, agent, secretary or director of the Issuer, HSBC, the Loan Note Issuer No.1 or the Receivables Trustee.
OBLIGATIONS AS CORPORATE OBLIGATIONS. 7.1 The parties to this Agreement, other than the Loan Note Issuer, shall not have any liability for the obligations of the Loan Note Issuer under any Loan Note and nothing in the Agreement shall constitute the giving of a guarantee, indemnity or the assumption of a similar obligation by the parties to this Agreement in respect of the performance by the Loan Note Issuer of its obligations under any Loan Note.
OBLIGATIONS AS CORPORATE OBLIGATIONS. 23.1 No recourse against shareholders and others No party to this Agreement shall have any recourse against nor shall any personal liability attach to any shareholder, officer, agent, employee or director of any member of the Issuer in his capac ity as such, by any Proceedings or otherwise, in respect of any obligation, covenant, or agreement of any member of the Issuer contained in the Transaction Documents.
