Common use of Liability for Property Damage Clause in Contracts

Liability for Property Damage. All personal property stored within or upon the Storage Space by Tenant shall be at Tenant’s sole risk. Landlord, Landlord’s agents and employees shall not be liable to Tenant, and are hereby released from liability, for any loss or damage to Tenant’s personal property stored in the Storage Space or on the Premises arising from any cause whatsoever including, but not limited to, burglary, mysterious disappearance, fire or water damage, rodents, insects, Acts of God, or the acts, omissions or negligence of the Landlord, Landlord’s agents or employees. In case of malfunction of equipment, due to the reasons stated above, the Tenant shall notify the Landlord immediately, and Landlord shall repair the building damage with reasonable promptness, or if the premises are deemed by the owner to be damaged so much as to be unfit for use, or if the owner decides not to repair or restore the building, the agreement shall Terminate.