No Personal Liability of Officers Sample Clauses

No Personal Liability of Officers. Directors, Employees or Shareholders Obligations of the Company under this Indenture and the Securities hereunder are payable only out of cash flow and assets of the Company. The Trustee, and each Holder of a Security by its acceptance thereof, will be deemed to have agreed in this Indenture that no director, officer, employee, or shareholder, as such, of the Company, the Trustee, or any Affiliate of any of the foregoing entities shall have any personal liability in respect of the obligations of the Company under this Indenture or such Securities by reason of his, her or its status. The agreements set forth in this Section are part of the consideration for the issuance of the Securities.
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No Personal Liability of Officers. TRUSTEES OR DIRECTORS OF SELLER Purchaser acknowledges that this Agreement is entered into by Seller which is a California business trust, and Buyer agrees that no individual officer, trustee, director or representative of Seller shall have any personal liability under this Agreement or any document executed in connection with the transactions contemplated by this Agreement.
No Personal Liability of Officers. TRUSTEES OR DIRECTORS OF SELLER Purchaser acknowledges that this Agreement is entered into by each Seller which is a New York limited partnership, and Purchaser agrees that no individual officer, partner, trustee, director or representative of Seller or its' partners shall have any personal liability under this Agreement or any document executed in connection with the transactions contemplated by this Agreement. Seller acknowledges that this Agreement is entered into by Purchaser which is a Colorado limited liability company, and Seller agrees that no individual officer, trustee, member, manager, director or representative of Purchaser shall have any personal liability under this Agreement or any document executed in connection with the transactions contemplated by this Agreement. 16.20
No Personal Liability of Officers. Trustees or Directors of Seller's Partners. Purchaser acknowledges that this Contract is entered into by Seller which is a Delaware limited liability company, and Purchaser agrees that none of Seller's Indemnified Parties shall have any personal liability under this Contract or any document executed in connection with the transactions contemplated by this Contract.
No Personal Liability of Officers. Trustees or Directors of Seller’s Partners Purchaser agrees that none of Seller’s Indemnified Parties shall have any personal liability under this Contract or any document executed in connection with the transactions contemplated by this Contract. Sellers agree that none of Purchaser, or Purchaser’s affiliates, parent and subsidiary entities, successors, assigns, partners, managers, members, employees, officers, directors, trustees, shareholders, counsel, representatives, agents shall have any personal liability under this Contract or any document executed in connection with the transactions contemplated by this Contract.
No Personal Liability of Officers. Trustees or Directors of Seller’s or Purchaser’s Partners. Purchaser acknowledges that this Contract is entered into by Seller which is an Arizona limited partnership, and Purchaser agrees that none of Seller’s Indemnified Parties shall have any personal liability under this Contract or any document executed in connection with the transactions contemplated by this Contract. Seller acknowledges that this Contract is entered into by Purchaser which is an Illinois limited liability company, and Seller agrees that none of Purchaser’s managers or members shall have any personal liability under this Contract or any document executed in connection with the transactions contemplated by this Contract.
No Personal Liability of Officers. Directors, Etc, of Purchaser. Seller acknowledges that this Agreement is entered into by a limited liability company as Purchaser and Seller agrees that no shareholder or individual officer, partner, director, trustee, asset manager, employee, member, agent or other representative of Purchaser shall have any personal liability under this Agreement or any document executed in connection with the transactions contemplated by this Agreement.
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No Personal Liability of Officers or Directors of General Partner of Seller or of Purchaser. Purchaser and Seller respectively acknowledge that this Agreement is entered into by a limited partnership as Seller and a Maryland corporation as Purchaser and each party agrees that no individual officer or director or representative of Seller or Purchaser or its partners shall have any personal liability under this Agreement or any document executed in connection with the transactions contemplated by this Agreement. 32.
No Personal Liability of Officers. TRUSTEES OR DIRECTORS OF SELLER Purchaser acknowledges that this Agreement is entered into by Seller which is a California business trust, and Buyer agrees that no individual officer, trustee, director or representative of Seller shall have any personal liability under this Agreement or any document executed in connection with the transactions contemplated by this Agreement. 16.20 NO EXCLUSIVE NEGOTIATIONS Seller shall have the right, at all times, to solicit backup offers and enter into discussions, negotiations, or any other communications concerning or related to the sale of the Property with any third-party; provided, however, that such communications are subject to the terms of this Agreement, and that Seller shall not enter into any contract or binding agreement with a third-party for the sale of the Property unless such agreement is contingent on the termination of this Agreement without the Property having been conveyed to Buyer. 16.21
No Personal Liability of Officers. Directors, Employees or Shareholders 13 Section 1.17. Applicability of Depositary 13 SECURITY FORMS Section 2.01. Forms Generally 13 Section 2.02. Form of Face of Security 14 Section 2.03. Form of Reverse of Security 16 Section 2.04. Global Securities 21 Section 2.05. Form of Trustee’s Certificate and Authorization 22 ARTICLE 3 THE SECURITIES Section 3.01. Amount Unlimited; Issuable in Series 22 Section 3.02. Denominations 26 Section 3.03. Execution, Authentication, Delivery and Dating 26 Section 3.04. Temporary Securities 28 Section 3.05. Registration, Registration of Transfer and Exchange 29 Section 3.06. Mutilated, Destroyed, Lost and Stolen Securities 30 Section 3.07. Payment of Interest; Interest Rights Preserved 31 Section 3.08. Persons Deemed Owners 32 Section 3.09. Cancellation 33 Section 3.10. Computation of Interest 33 PAGE Section 3.11. CUSIP Numbers 33
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