Common use of No Personal Liability of Directors, Officers, Employees and Shareholders Clause in Contracts

No Personal Liability of Directors, Officers, Employees and Shareholders. No director, officer, employee, incorporator or shareholder of the Issuer will have any liability for any obligations of the Issuer under the Notes or this Indenture or of any Guarantor under its Guarantee or 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. The waiver and release are part of the consideration for issuance of the Notes and the Guarantees.

Appears in 4 contracts

Samples: Indenture (M I Homes Inc), M/I Homes, Inc., Indenture (M I Homes Inc)

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No Personal Liability of Directors, Officers, Employees and Shareholders. No director, officer, employee, incorporator or shareholder of the Issuer will Company or any Subsidiaries shall have any liability for any obligations of the Issuer Company or any Subsidiary under the Notes or this Indenture or of any Guarantor under its Guarantee Notes, the Note Guarantees or this Indenture or for any claim based on, in respect of, or by reason of, 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 and the Note Guarantees.

Appears in 4 contracts

Samples: Indenture (Aircastle LTD), Indenture (Aircastle LTD), Indenture (Aircastle LTD)

No Personal Liability of Directors, Officers, Employees and Shareholders. No director, officer, employee, incorporator incorporator, shareholder or shareholder stockholder of the Issuer will or any Guarantor, as such, shall have any liability for any obligations of the Issuer or the Guarantors under the Notes or Notes, this Indenture or of any Guarantor under its Guarantee or this Indenture and the Note Guarantees or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder holder of 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 and the Guarantees.

Appears in 4 contracts

Samples: Indenture (Norwegian Cruise Line Holdings Ltd.), Indenture (Norwegian Cruise Line Holdings Ltd.), Indenture (Norwegian Cruise Line Holdings Ltd.)

No Personal Liability of Directors, Officers, Employees and Shareholders. No director, officer, employee, incorporator or shareholder of the Issuer will Company shall have any liability for any obligations of the Issuer Company under the Notes or this Indenture or of any Guarantor under its Guarantee Notes, the Note Guarantees or this Indenture or for any claim based on, in respect of, or by reason of, 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 and the Note Guarantees.

Appears in 3 contracts

Samples: Indenture (Aircastle LTD), Aircastle LTD, Aircastle LTD

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No Personal Liability of Directors, Officers, Employees and Shareholders. No director, officer, employee, incorporator or shareholder of the Issuer Company or any Subsidiary of the Company will have any liability for any obligations of the Issuer Company under the Notes or this Indenture or of any Guarantor under its Guarantee or this Notes, the 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. The waiver and release are part of the consideration for issuance of the Notes and the GuaranteesNotes.

Appears in 2 contracts

Samples: Second Supplemental Indenture (Fluidigm Corp), First Supplemental Indenture (Fluidigm Corp)

No Personal Liability of Directors, Officers, Employees and Shareholders. No director, officer, employee, incorporator incorporator, stockholder or shareholder partner of the Issuer will Company or any Restricted Subsidiary, as such, shall have any liability for any obligations of the Issuer Company under the Notes or this the Indenture or of any Guarantor under its Guarantee or this the 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. The waiver and release are part of the consideration for issuance of the Notes and the Guarantees.

Appears in 2 contracts

Samples: Supplemental Indenture (M I Homes Inc), Supplemental Indenture (M I Homes Inc)

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