Common use of Limitation on Obligations Clause in Contracts

Limitation on Obligations. This Restricted Stock Unit Award shall not be secured by any specific assets of the Company or any of its Subsidiaries, nor shall any assets of the Company or any of its Subsidiaries be designated as attributable or allocated to the satisfaction of the Company’s obligations under this Agreement. In addition, the Company shall not be liable to the Grantee for damages relating to any delays in issuing the share certificates or electronic delivery thereof to him (or his designated entities), any loss of the certificates, or any mistakes or errors in the issuance or registration of the certificates or in the certificates themselves.

Appears in 8 contracts

Samples: Dollar General Corporation Restricted Stock Unit Award Agreement (Dollar General Corp), Dollar General (Dollar General Corp), Dollar General (Dollar General Corp)

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Limitation on Obligations. This Restricted Stock Unit Award shall not be secured by any specific assets of the Company or any of its SubsidiariesCompany, nor shall any assets of the Company or any of its Subsidiaries be designated as attributable or allocated to the satisfaction of the Company’s obligations under this Agreement. In addition, the Company shall not be liable to the Grantee for damages relating to any delays in issuing the share certificates or electronic delivery thereof to him (or his designated entities), any loss of the certificates, or any mistakes or errors in the issuance or registration of the certificates or in the certificates themselves.

Appears in 5 contracts

Samples: Dollar General (Dollar General Corp), Dollar General Corporation Restricted Stock Unit Award Agreement (Dollar General Corp), Dollar General Corporation Restricted Stock Unit Award Agreement (Dollar General Corp)

Limitation on Obligations. This Restricted Stock Unit Award shall not be secured by any specific assets of the Company or any of its SubsidiariesCompany, nor shall any assets of the Company or any of its Subsidiaries be designated as attributable or allocated to the satisfaction of the Company’s obligations under this Agreement. In addition, the Company shall not be liable to the Grantee for damages relating to any delays in issuing the share certificates or electronic delivery thereof to him or her (or his or her designated entities), any loss of the certificates, or any mistakes or errors in the issuance or registration of the certificates or in the certificates themselves.

Appears in 2 contracts

Samples: Dollar General Corporation Restricted Stock Unit Award Agreement (Dollar General Corp), Dollar General (Dollar General Corp)

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Limitation on Obligations. This Restricted Stock Unit Award shall not be secured by any specific assets of the Company or any of its SubsidiariesCompany, nor shall any assets of the Company or any of its Subsidiaries be designated as attributable or allocated to the satisfaction of the Company’s obligations under this Agreement. The Grantee shall have the rights of an unsecured creditor. In addition, the Company shall not be liable to the Grantee for damages relating to any delays in issuing the share certificates or electronic delivery thereof to him (or his designated entities), any loss of the certificates, or any mistakes or errors in the issuance or registration of the certificates or in the certificates themselves.

Appears in 1 contract

Samples: Dollar General Corporation Restricted Stock Unit Award Agreement (Dollar General Corp)

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