Common use of OBLIGATIONS AS CORPORATE OBLIGATIONS Clause in Contracts

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.

Appears in 5 contracts

Samples: Version Corporate Services Agreement, Corporate Services Agreement, Corporate Services Agreement

AutoNDA by SimpleDocs

OBLIGATIONS AS CORPORATE OBLIGATIONS. 16.1 17.1 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.

Appears in 2 contracts

Samples: Corporate Services Agreement, Corporate Services Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.