Recourse Against Others Sample Clauses

Recourse Against Others. No recourse for the payment of the principal of or premium, if any, or interest (including Liquidated Damages, if any) on any Security, or for any claim based thereon or otherwise in respect thereof, shall be had against any incorporator, shareholder, officer or director, as such, past, present or future, of the Company or of any successor corporation, whether by virtue of any constitution, statute or rule of law or by the enforcement of any assessment or penalty or otherwise, all such liability being, by the acceptance thereof and as part of the consideration for the issue thereof, expressly waived and released.
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Recourse Against Others. No recourse for the payment of the principal or interest, if any, on any CODES, or for any claim based thereon or otherwise in respect thereof, shall be had against any incorporator, shareholder, officer or director or manager, as such, past, present or future, of the Company of any successor entity to either the Company, whether by virtue of any constitution, statute or rule of law or by the enforcement of any assessment or penalty or otherwise, all such liability being, by the acceptance thereof and as part of the consideration for the issue thereof, expressly waived and released.
Recourse Against Others. No recourse for the payment of the principal of or premium, if any, or interest (including Additional Amounts, if any) on any Securities or for any claim based thereon or otherwise in respect thereof, shall be had against any incorporator, shareholder, officer or director or manager, as such, past, present or future, of the Company or of any successor entity to the Company, whether by virtue of any constitution, statute or rule of law or by the enforcement of any assessment or penalty or otherwise, all such liability being, by the acceptance thereof and as part of the consideration for the issue thereof, expressly waived and released.
Recourse Against Others. No past, present or future director, officer, partner, employee, agent, manager, stockholder, incorporator or other Affiliate, as such of any Issuer or of any Guarantor shall have any liability for any obligations of any Issuer or any Guarantor under the Notes, or this Indenture or a Guarantee of the Notes, if any, or for any claim based upon, in respect of or by reason of such obligations or their creation. Each Holder by accepting a Note waives and releases all such liability. This waiver and release are part of the consideration for issuance of the Notes. Such waiver and release may not be effective to waive or release liabilities under the federal securities laws.
Recourse Against Others. No director, officer, partner, employee, agent, manager, stockholder, incorporator or other Affiliate, as such of the Company or of a Guarantor, if any, shall have any liability for any obligations of the Company or any Guarantor under the Notes, or this Indenture or a Subsidiary Guarantee, if any, or for any claim based upon, in respect of or by reason of such obligations or their creation. Each Holder by accepting a Note waives and releases all such liability. This waiver and release are part of the consideration for issuance of the Notes. Such waiver and release may not be effective to waive or release liabilities under the federal securities laws.
Recourse Against Others. A director, officer, employee or shareholder, as such, of the Company shall not have any liability for any obligations of the Company under the Securities or the Indenture or for any claim based on, in respect of or by reason of such obligations or their creation. By accepting a Security, each Securityholder waives and releases all such liability. The waiver and release are part of the consideration for the issue of the Securities.
Recourse Against Others. No director, officer, partner, employee, agent, manager, stockholder, incorporator or other Affiliate, as such, of the Company or of a Guarantor, if any, shall have any liability for any obligations of the Company or any Guarantor under the Notes or the Indenture or a Subsidiary Guarantee, if any, or for any claim based upon, 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. Notwithstanding the foregoing, nothing in this provision shall be construed as a waiver or release of any claims under the federal securities laws.
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Recourse Against Others. No director, officer, employee or stockholder as such, of the Company shall have any liability for any obligations of the Company under the Securities or the Indenture or for any claim based upon, in respect of or by reason of such obligations or their creation. Each Holder by accepting a Security waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Securities. Notwithstanding the foregoing, nothing in this provision shall be construed as a waiver or release of any claims under the federal securities laws.
Recourse Against Others. A director, officer, employee, shareholder or representative or agent, as such, of the Company shall not have any liability for any obligations of the Company under the Notes or the Indenture or for any claim based on, in respect of or by reason of such obligations or their creation. By accepting a Note each Holder waives and releases all such liability. Such waiver and release shall be part of the consideration for the issue of the Notes.
Recourse Against Others. A director, officer, employee or shareholder, as such, of Obligor shall not have any liability for any obligations of Obligor under the Notes nor for any claim based on, in respect of or by reason of such obligations or their creation. The Holder of this Note by accepting this Note waives and releases all such liability. The waiver and release are part of the consideration for the issuance of this Note. XXXXXXX INTERNATIONAL, INC. By: -------------------- Xxxxxx Xxxxxxxxxxxxx Treasurer Address: 0000 Xxxx Xxxxxxx Xxxxxx Fort Worth, Texas 76117 CONVERSION NOTICE To convert this Note into Series A Common Stock, check the box: To convert only part of this Note, state the principal amount to be converted (must be $50,000 or an amount equal to the sum of $50,000 and any integral multiple of $1,000): $____________.
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