Common use of UK Limited Clause in Contracts

UK Limited. Notwithstanding any other provision of this Agreement, no recourse under any obligation, covenant or agreement of Gresham contained in this Agreement shall be had against any shareholder, member, officer, director, employee or agent of Gresham, by the enforcement of any assessment or by any proceeding, by virtue of any statute or otherwise; it being expressly agreed and understood that this Agreement is a corporate obligation of Gresham, and that no personal liability shall attach to or be incurred by the shareholders, members, officers, directors, employees or agency of Gresham, as such, or any of them under or by reason of any of the obligations, covenants or agreements of Gresham contained in this Agreement or implied therefrom and that any and all personal liability for breaches by Gresham of any of such obligations, covenants or agreements, either at law or by statute or constitution of every such shareholder, member, officer, director, employee or agent is hereby expressly waived as a condition of an in consideration for the execution of this Agreement

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Hertz Corp), Assignment and Assumption Agreement (Hertz Corp)

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UK Limited. Notwithstanding any other provision of this Agreement, no recourse under any obligation, covenant or agreement of Gresham Xxxxxxx contained in this Agreement shall be had against any shareholder, member, officer, director, employee or agent of GreshamXxxxxxx, by the enforcement of any assessment or by any proceeding, by virtue of any statute or otherwise; it being expressly agreed and understood that this Agreement is a corporate obligation of GreshamXxxxxxx, and that no personal liability shall attach to or be incurred by the shareholders, members, officers, directors, employees or agency of Gresham, as such, or any of them under or by reason of any of the obligations, covenants or agreements of Gresham contained in this Agreement or implied therefrom and that 129 any and all personal liability for breaches by Gresham Xxxxxxx of any of such obligations, covenants or agreements, either at law or by statute or constitution of every such shareholder, member, officer, director, employee or agent is hereby expressly waived as a condition of an in consideration for the execution of this Agreement.

Appears in 1 contract

Samples: Master Definitions and Constructions Agreement (Hertz Corp)

UK Limited. Notwithstanding any other provision of this Agreement, no recourse under any obligation, covenant or agreement of Gresham contained Gresxxx xxxtained in this Agreement shall be had against any shareholder, member, officer, director, employee or agent of GreshamGresxxx, by xx the enforcement of any assessment or by any proceeding, by virtue of any statute or otherwise; it being expressly agreed and understood that this Agreement is a corporate obligation of GreshamGresxxx, and xxd that no personal liability shall attach to or be incurred by the shareholders, members, officers, directors, employees or agency of Gresham, as such, or any of them under or by reason of any of the obligations, covenants or agreements of Gresham contained in this Agreement or implied therefrom and that any and all personal liability for breaches by Gresham of Gresxxx xx any of such obligations, covenants or agreements, either at law or by statute or constitution of every such shareholder, member, officer, director, employee or agent is hereby expressly waived as a condition of an in consideration for the execution of this Agreement

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Hertz Corp)

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UK Limited. Notwithstanding any other provision of this Agreement, no recourse under any obligation, covenant or agreement of Gresham Xxxxxxx contained in this Agreement shall be had against any shareholder, member, officer, director, employee or agent of GreshamXxxxxxx, by the enforcement of any assessment or by any proceeding, by virtue of any statute or otherwise; it being expressly agreed and understood that this Agreement is a corporate obligation of GreshamXxxxxxx, and that no personal liability shall attach to or be incurred by the shareholders, members, officers, directors, employees or agency of Gresham, as such, or any of them under or by reason of any of the obligations, covenants or agreements of Gresham contained in this Agreement or implied therefrom and that any and all personal liability for breaches by Gresham Xxxxxxx of any of such obligations, covenants or agreements, either at law or by statute or constitution of every such shareholder, member, officer, director, employee or agent is hereby expressly waived as a condition of an in consideration for the execution of this Agreement.

Appears in 1 contract

Samples: Master Definitions and Constructions Agreement (Hertz Corp)

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