Common use of Indenture and Securities Solely Corporate Obligations Clause in Contracts

Indenture and Securities Solely Corporate Obligations. No recourse under or upon any obligation, covenant or agreement contained in this Indenture, or in any Security or coupon, or because of any indebtedness evidenced thereby, shall be had against any incorporator, or against any past, present or future stockholder, officer or director, as such, of the Company or of any successor corporation, either directly or through the Company or any successor corporation, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and released by the acceptance of the Securities or coupons by the holders thereof and as part of the consideration for the issue of the Securities.

Appears in 24 contracts

Samples: Indenture (NewAmsterdam Pharma Co N.V.), Indenture (Summit Financial Group, Inc.), Indenture (Origin Bancorp, Inc.)

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Indenture and Securities Solely Corporate Obligations. No recourse under or upon any obligation, covenant or agreement contained in this Indenture, or in any Security or couponSecurity, or because of any indebtedness evidenced thereby, shall be had against any incorporator, or against any past, present or future stockholder, officer or director, as such, of the Company or of any successor corporation, either directly or through the Company or any successor corporation, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and released by the acceptance of the Securities or coupons by the holders thereof and as part of the consideration for the issue of the Securities.

Appears in 9 contracts

Samples: Indenture (Flushing Financial Corp), Indenture (Amalgamated Financial Corp.), Indenture (Hanmi Financial Corp)

Indenture and Securities Solely Corporate Obligations. No recourse under or upon any obligation, covenant or agreement contained in this Indenture, or in any Security covenant or couponagreement contained in this Indenture, or in any Security, or because of any indebtedness evidenced thereby, shall be had against any incorporator, or against any past, present or future incorporator, stockholder, officer or director, as such, of the Company or of any successor corporation, either directly or through the Company or any successor corporation, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and released by the acceptance of the Securities or coupons by the holders Holders thereof and as part of the consideration for the issue of the SecuritiesSecurities and Coupons.

Appears in 2 contracts

Samples: Gmac Residential Holding Corp., Residential Capital Corp

Indenture and Securities Solely Corporate Obligations. No recourse under or upon any obligation, covenant or agreement contained in this Indenture, or in any Security covenant or couponagreement contained in this Indenture, or in any security, or because of any indebtedness evidenced thereby, shall be had against any incorporator, or against any past, present or future incorporator, stockholder, officer or director, as such, of the Company or of any successor corporation, either directly or through the Company or any successor corporation, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and released by the acceptance of the Securities or coupons by the holders Holders thereof and as part of the consideration for the issue of the SecuritiesSecurities and coupons. ARTICLE FOURTEEN MISCELLANEOUS PROVISIONS SECTION 14.01.

Appears in 1 contract

Samples: Indenture (Trinova Corp)

Indenture and Securities Solely Corporate Obligations. No recourse under or upon any obligation, covenant or agreement contained in this Indenture, or in any Security covenant or couponagreement contained in this Indenture or in any security, or because of any indebtedness evidenced thereby, shall be had against any incorporator, or against any past, present or future incorporator, stockholder, officer or director, as such, of the Company or of any successor corporation, either directly or through the Company or any successor corporation, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and released by the acceptance of the Securities or coupons by the holders Holders thereof and as part of the consideration for the issue of the SecuritiesSecurities and coupons.

Appears in 1 contract

Samples: Indenture (Aeroquip-Vickers Inc)

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Indenture and Securities Solely Corporate Obligations. No recourse under or upon any obligation, covenant or agreement contained in this Indenture, or in any Security or couponSecurity, or because of any indebtedness Indebtedness evidenced thereby, shall be had against any incorporator, or against any past, present or future stockholder, officer or director, as such, of the Company or of any successor corporationSuccessor Company, either directly or through the Company or any successor corporationSuccessor Company, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and released by the acceptance of the Securities or coupons by the holders thereof and as part of the consideration for the issue of the Securities.

Appears in 1 contract

Samples: Indenture (Chemours Co)

Indenture and Securities Solely Corporate Obligations. No recourse under or upon any obligation, covenant or agreement contained in this Indenture, or in any Security covenant or couponagreement contained in this Indenture, or in any Security, or because of any indebtedness evidenced thereby, shall be had against any incorporator, or against any past, present or future incorporator, stockholder, officer or director, as such, of the Company or of any successor corporation, either directly or through the Company or any successor corporation, under any rule of law, statute or constitutional provision or by the enforcement of any assessment or by any legal or equitable proceeding or otherwise, all such liability being expressly waived and released by the acceptance of the Securities or coupons by the holders Holders thereof and as part of the consideration for the issue of the SecuritiesSecurities and Coupons. ARTICLE FIFTEEN.

Appears in 1 contract

Samples: Subordinated Indenture (Residential Capital Corp)

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