No Recourse Against Certain Persons. No past, present or future director, officer, employee or stockholder, as such, of the Guarantor or any successor thereof shall have any liability for any obligations of the Guarantor under this Preferred Securities Guarantee or for any claim based on, in respect of, or by reason of, such obligations or their creation and all such liability is hereby waived and released. Such waiver and release are part of the consideration for the issue of this Preferred Securities Guarantee and the Preferred Securities. THIS PREFERRED SECURITIES GUARANTEE AGREEMENT is executed as of the day and year first above written. CIRCUS CIRCUS ENTERPRISES, INC., as Guarantor By:_______________________________ Name: Title: THE BANK OF NEW YORK, as Preferred Guarantee Trustee By:________________________________ Title:
Appears in 4 contracts
Samples: Preferred Securities Guarantee Agreement (Circus Finance Ii), Preferred Securities Guarantee Agreement (Circus Finance Ii), Preferred Securities Guarantee Agreement (Circus Finance Ii)
