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

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Incorporators and Stockholders. No director, officer, employee, incorporator or ------------------------------ stockholder, as such, of the Company or any Subsidiary Guarantor shall have any liability for any obligation of the Company, or any Subsidiary Guarantor under this Indenture, the Notes or any Subsidiary Guarantee, or for any claim based on, in respect of, or by reason of, any such obligation or its creation. Each Noteholder, by accepting the Notes, waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes.

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Incorporators Employees and ----------------------------------------------------------- Stockholders. ------------ No past, present or future director, officer, employee, incorporator or ------------------------------ stockholder, as such, stockholder of the Company or any Subsidiary Guarantor of its Subsidiaries, as such, shall have any liability for any obligation Obligations of the CompanyCompany under the Notes, or any the Subsidiary Guarantor under Guarantees, this Indenture, the Notes Registration Rights Agreement or any Subsidiary Guarantee, the Collateral Documents or for any claim based on, in respect of, or by reason of, any such obligation Obligations or its their creation. Each Noteholder, Holder by accepting the Notes, a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. Such waiver may not be effective to waive liabilities under the federal securities laws and it is the view of the Commission that such a waiver is against public policy.

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Incorporators and Stockholders. No director, officer, employee, incorporator incorporator, ------------------------------ member or ------------------------------ stockholder, as such, of the Company Company, Holding, any Note Guarantor or any Subsidiary Guarantor thereof shall have any liability for any obligation of the Company, Holding, or any Subsidiary Note Guarantor under this Indenture, the Notes Notes, the Parent Guarantee or any Subsidiary Note Guarantee, or for any claim based on, in respect of, or by reason of, any such obligation or its creation. Each Noteholder, by accepting the Notes, waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes.

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Incorporators and StockholdersEMPLOYEES AND ------------------------------------------------------------ STOCKHOLDERS. ------------- No director, officer, employee, incorporator or ------------------------------ stockholder, as such, stockholder of the Company or any Subsidiary Guarantor Guarantor, as such, shall have any liability for any obligation obligations of the Company, Company or any Subsidiary Guarantor under this Indenturethe Notes, the Notes or any Subsidiary GuaranteeGuarantees, this Indenture or for any claim based on, in respect of, or by reason of, any such obligation obligations or its their creation. Each Noteholder, Holder of Notes by accepting the Notes, a Note waives and releases all such liability. The waiver and release are part of the consideration for the issuance of the Notes. Such waiver may not be effective to waive liabilities under the federal securities laws and it is the view of the SEC that such a waiver is against public policy.

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Incorporators and Stockholders. No director, officer, employee, incorporator or ------------------------------ stockholder, as such, of the Company Company, the Issuers, any Note Guarantor or any Subsidiary Guarantor of any thereof shall have any liability for any obligation of the Company, the Issuers or any Subsidiary Note Guarantor under this the Indenture, the Notes or any Subsidiary Note Guarantee, or for any claim based on, in respect of, or by reason of, any such obligation or its creation. Each Noteholder, by accepting the Notes, waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes.

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Incorporators and StockholdersStockholders or Incorporators. ----------------------------- No director, officer, employee, incorporator or ------------------------------ stockholderstockholders, as such, of the Company or any Subsidiary Guarantor of the Notes shall have any liability for any obligation obligations of the Company, Company or any such Subsidiary Guarantor under the Notes, this Indenture, Indenture or any Guarantee of the Notes or any Subsidiary Guarantee, or for any claim based on, in respect of, or by reason of, any such obligation obligations or its creationtheir creations. Each Noteholder, Holder by accepting the Notes, a Note waives and releases all such liability. The Such waiver and release are part of the consideration for the issuance of the Notes.

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Incorporators Member, ---------------------------------------------------------------- Partner, Incorporator and Stockholders. --------------------------------------- No past, present or future director, officer, employee, member, partner, incorporator or ------------------------------ stockholder, as such, stockholder of the Company or any Subsidiary Guarantor of its Subsidiaries, as such, shall have any liability for any obligation obligations of the CompanyCompany under the Notes, or any Subsidiary Guarantor under the Guarantees, this Indenture, the Notes Registration Rights Agreement or any Subsidiary Guarantee, the Collateral Documents or for any claim based on, in respect of, or by reason of, any such obligation obligations or its their creation. Each Noteholder, Holder by accepting the Notes, a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes.. -109-

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Incorporators Employees and ----------------------------------------------------------- Stockholders. ------------ No past, present or future director, officer, employee, incorporator or ------------------------------ stockholderstockholder of the Companies or any Guarantor, as such, of the Company or any Subsidiary Guarantor shall have any liability for any obligation obligations of the CompanyCompanies or of the Guarantors under the Notes, or any Subsidiary Guarantor under this Indenture, the Notes or any Subsidiary Guarantee, Guarantees or for any claim based on, in respect of, or by reason of, any such obligation obligations or its their creation. Each Noteholder, Holder of Notes by accepting the Notes, a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes.. The waiver and release may not be effective to waive or release liabilities under the federal securities laws. 84

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Incorporators Employees and ----------------------------------------------------------- Stockholders. ------------ No director, officer, employee, incorporator incorporator, member or ------------------------------ stockholderstockholder of the Company, ASI or any Guarantor (or of any holder of an Equity Interest in any of them), as such, of the Company or any Subsidiary Guarantor shall have any liability for any obligation obligations of the CompanyIssuers or the Guarantors under the Notes, or any Subsidiary Guarantor under this the Indenture, the Notes or any Subsidiary Guarantee, Note Guarantees or for any claim based on, in respect of, or by reason of, any such obligation obligations or its their creation. Each Noteholder, Holder of Notes by accepting the Notes, a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws.

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Incorporators Employees and ----------------------------------------------------------- Stockholders. No director, officer, employee, incorporator or ------------------------------ stockholderstockholder of the ------------ Company or any Guarantor, as such, of the Company or any Subsidiary Guarantor shall have any liability for any obligation obligations of the Company, Company or any Subsidiary Guarantor the Guarantors under this Indenturethe Notes, the Notes or any Subsidiary GuaranteeGuarantees, this Indenture or for any claim based on, in respect of, or by reason of, any such obligation obligations or its their creation. Each Noteholder, Holder of Notes by accepting the Notes, a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. Such waiver may not be effective to waive liabilities under the federal securities laws and it is the view of the SEC that such a waiver is against public policy.

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Incorporators Employees and ----------------------------------------------------------- Stockholders. ------------ No past, present or future director, officer, employee, incorporator or ------------------------------ stockholder, as such, stockholder of the Company or any Subsidiary Guarantor Guarantor, as such, shall have any liability for any obligation obligations of the Company, Company or any Subsidiary Guarantor under this Indenturethe Notes, the Notes or any Subsidiary GuaranteeNote Guarantees, this Indenture or for any claim based on, in respect of, or by reason of, any such obligation obligations or its their creation. Each Noteholder, Holder by accepting the Notes, a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the NotesNotes and the Note Guarantees. Such waiver may not be effective to waive liabilities under the federal securities laws and it is the view of the SEC that such a waiver is against public policy.

No Personal Liability of Directors, Officers. Employees, -------------------------------------------------------- Incorporators Employees and Stockholders----------------------------------------------------------- Shareholders. ------------ No director, officer, employee, incorporator or ------------------------------ stockholderstockholder of the Issuers, or any Guarantor, as such, of the Company or any Subsidiary Guarantor shall have any liability for any obligation Obligations of the CompanyIssuers or of the Guarantors under the Notes, or any Subsidiary Guarantor under this Indenture, the Notes or any Subsidiary Guarantee, guarantees or for any claim based on, in respect of, or by reason of, any such obligation Obligations or its their creation. Each NoteholderHolder, by accepting the Notesa Note, waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver and release may not be effective to waive liabilities under the federal securities laws.