No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Stockholders or Incorporators. ----------------------------- No manager, director, officer, employee, member, shareholder, partner or incorporator of either Issuer or any Subsidiary, as such, shall have any liability for any obligations of the Issuers under the Notes, this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder by accepting a Note waives and releases all such liability. Such waiver and release are part of the consideration for the issuance of the Notes.
No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Stockholders or Incorporators. No director, officer, employee, incorporator or ----------------------------- stockholder of the Company shall have any liability for any obligations of the Company under the Notes or this Indenture or for any claim based on, in respect of, or by reason of such obligations or their creation. Each Holder of the Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes.
No Personal Liability of Directors, Officers. Employees, Incorporators and Stockholders. No director, officer, employee, incorporator, shareholder or other holder of Equity Interests of the Company or the Subsidiary Guarantors, as such, shall have any liability for any obligations of the Company or the Subsidiary Guarantors under the Notes, the Subsidiary Guarantees, the Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the Notes.
No Personal Liability of Directors, Officers. Employees and ----------------------------------------------------------- Stockholders. No past, present or future director, officer, employee, ------------ incorporator or stockholder of the Debtor as such or any successor Person, as such, shall have any liability for any obligations of the Debtor under the Notes, the Collateral Documents, this Agreement or for any claim based on, in respect of, or by reason of, such obligations or their creation.
No Personal Liability of Directors, Officers. Employees and Stockholders. No past, present or future director, officer, employee, incorporator or stockholder of the Company or of any subsidiary of the Company, as such, shall have any liability for any obligations of the Company under this Security Agreement or for any claim based on, in respect of, or by reason of, such obligations or their creation.
No Personal Liability of Directors, Officers. Employees and Unitholders 88 Section 11.08. Governing Law 88 Section 11.09. No Adverse Interpretation of Other Agreements 88 Section 11.10. Successors 88 Section 11.11. Severability 88 Section 11.12. Table of Contents, Headings, etc. 88 Section 11.13. Counterparts 89 Section 11.14. Acts of Holders 89 Section 11.15. Patriot Act 90 APPENDIX, SCHEDULE AND ANNEX RULE 144A/REGULATION S APPENDIX App. - 1 EXHIBIT 1 Form of Initial Note EXHIBIT A Form of Exchange Note SCHEDULE I Agreements with Affiliates S - 1 ANNEX A Form of Supplemental Indenture A - 1 This Indenture, dated as of May 28, 2013, is among Legacy Reserves LP, a Delaware limited partnership (the “Company”), Legacy Reserves Finance Corporation, a Delaware corporation (“Finance Corp.” and, together with the Company, the “Issuers”), the guarantors party hereto (each, a “Guarantor” and, collectively, the “Guarantors”) and Xxxxx Fargo Bank, National Association, a national banking association, as trustee (the “Trustee”). The Issuers, the Guarantors and the Trustee agree as follows for the benefit of each other and for the equal and ratable benefit of the Holders of the Issuers’ Initial Notes, Exchange Notes and any Additional Notes:
No Personal Liability of Directors, Officers. Employees, Incorporator, Stockholder, Member, Partner or Other Holder of Equity Interests. No director, officer, employee, incorporator, stockholder, member, partner or other holder of Equity Interests of the Company or any Guarantor, as such, will have any liability for any obligations of the Company or the Guarantors under the Notes, this Indenture, the Guarantees or for any claim based on, in respect of, or by reason of, such Obligations or their creation. Each Holder by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes.
No Personal Liability of Directors, Officers. Employees ------------------------------------------------------- and Stockholders. ---------------- No director, officer, employee, incorporator or stockholder of the Company, as such, shall have any liability for any obligations of the Company under the Securities or this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation, solely by reason of its status as a director, officer, employee, incorporator or stockholder of the Company. By accepting a Security, each Holder waives and releases all such liability (but only such liability). The waiver and release are part of the consideration for issuance of the Securities.
No Personal Liability of Directors, Officers. EMPLOYEES OR STOCKHOLDERS
No Personal Liability of Directors, Officers. Employees and ----------------------------------------------------------- Stockholders. ------------- No director, officer, employee, incorporator or stockholder of the Company or any Guarantor, as such, shall have any liability for any obligations of the Company or any Guarantor under the Securities or this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation, solely by reason of its status as a director, officer, employee, incorporator or stockholder of the Company or a Guarantor. By accepting a Security, each Holder waives and releases all such liability (but only such liability). The waiver and release are part of the consideration for issuance of the Securities.
