Non-Recourse Parties definition

Non-Recourse Parties has the meaning provided in Section 12.16.

Non-Recourse Parties means as defined in Section 9.18.

Non-Recourse Parties has the meaning provided in Section 11.21(a) (No Recourse).

Examples of Non-Recourse Parties in a sentence

• Nothing in this Agreement, express or implied, is intended to confer upon any person other than the Company, the Warrant Agent, the Warrantholders and, to the extent provided herein, the owners of a beneficial interest in a Global Warrant, any rights or remedies under or by reason of this Agreement or any part hereof; provided that the Non-Recourse Parties are express third-party beneficiaries of Section 22.

• Paragraph 6(a) shields Non-Recourse Parties from “secondary liability” claims by preventing plaintiffs from seeking remedies “through the Guarantor, Seller or otherwise, whether by or through attempted piercing of the corporate veil or similar action.”15 Paragraph 6(b) shields Non-Recourse Parties from direct claims arising from the Non-Recourse Party’s breach of its own duties or obligations.

• And as Plaintiffs admit, Paragraph 6(b) moves beyond disclaiming relief solely “with respect to th[e] Guarantee” and prohibits all claims against Non-Recourse Parties in connection with the sale.

• Determine if storage capacity is required to compensate for flow variations.

• That paragraph contains two relevant provisions: a standalone definition of the term “Non- Recourse Parties,” and a substantive disclaimer of remedies against Non-Recourse Parties.

More Definitions of Non-Recourse Parties

Non-Recourse Parties has the meaning set forth in Section 9.3(e) hereof.

Non-Recourse Parties has the meaning set forth in Section 13.1.

Non-Recourse Parties as defined in Section 10.26.

Non-Recourse Parties has the meaning set forth in Section 22.

Non-Recourse Parties means, collectively, (1) each Party’s direct or indirect former, current or future equity holders, stockholders, members, officers, directors, employees, investment professionals, managers, management companies, general or limited partners, co-investors, controlling persons, advisors, agents, representatives, affiliates, creditors (including their trustees, representatives, advisors and attorneys), assignees or successors, (2) any and all direct or indirect former, current or future equity holders, stockholders, members, officers, directors, employees, investment professionals, managers, management companies, general or limited partners, co-investors, controlling persons, advisors, agents, representatives, affiliates, assignees or successors of any of the foregoing, (3) to the extent not already included in clauses (1) or (2) of this definition of Non-Recourse Parties, Searchlight Capital Partners, L.P., a Delaware limited partnership and any of its affiliates or any direct or indirect former, current or future equity holders, stockholders, members, officers, directors, employees, investment professionals, managers, management companies, general or limited partners, co-investors, controlling persons, advisors, agents, representatives, affiliates, assignees or successors of any of the foregoing, (4) to the extent not already included in clauses (1), (2) or (3) of this definition of Non-Recourse Parties, Local Sponsor and any of its affiliates or any direct or indirect former, current or future equity holders, stockholders, members, officers, directors, employees, investment professionals, managers, management companies, general or limited partners, co-investors, controlling persons, advisors, agents, representatives, affiliates, assignees or successors of any of the foregoing, (5) any and all former, current or future estates, heirs, executors, administrators, trustees, successors or assigns of any of the foregoing, and (6) any financial institution or other Person (other than the Sponsors pursuant to the foregoing clause (i)) which provided, provides or is committed to or will provide financing in connection with the transactions contemplated by this Agreement or the other Transaction Documents.

Non-Recourse Parties means the Guarantor and any and all former, current or future equity holders, controlling persons, directors, officers, employees, agents, members, managers, management companies, general or limited partners, assignees or Affiliates of the Guarantor (including but not limited to Holdco, Parent and Merger Sub) and any and all former, current or future equity holders, controlling persons, directors, officers, employees, agents, members, managers, management companies, general or limited partners, assignees or Affiliates of any of the foregoing, and any and all former, current or future heirs, executors, administrators, trustees, successors or assigns of any of the foregoing, and the providers of the Debt Financing.

Non-Recourse Parties has the meaning set forth in Section 10.01(b).