Common use of LIMITATIONS ON LANDLORD’S LIABILITY Clause in Contracts

LIMITATIONS ON LANDLORD’S LIABILITY. If Landlord is in default of this Lease, and as a consequence Tenant recovers a money judgment against Landlord, such judgment shall be satisfied only out of the proceeds of sale received upon execution of such judgment and levy against the right, title, and interest of Landlord in the Project, and out of rent or other income from the Project receivable by Landlord or out of the consideration received by Landlord from the sale or other disposition of all or any part of Landlord’s right, title, and interest in the Project. Neither Landlord nor Landlord’s shareholders, members, officers, directors, agents, property managers, employees, contractors, or the partners comprising Landlord (if any) shall be personally liable for any deficiency.

Appears in 9 contracts

Sources: Modified Gross Office Lease, Lease Agreement (BeautyKind Holdings, Inc.), Office Lease Agreement (Adamis Pharmaceuticals Corp)

LIMITATIONS ON LANDLORD’S LIABILITY. If Landlord is in default of this Lease, and as a consequence Tenant recovers a money judgment against Landlord, such judgment shall be satisfied only out of the proceeds of sale received upon execution of such judgment and levy against the right, title, and interest of Landlord in the ProjectPremises, and out of rent or other income from the Project Premises receivable by Landlord or out of the consideration received by Landlord from the sale or other disposition of all or any part of Landlord’s right, title, and interest in the ProjectPremises. Neither Landlord nor Landlord’s shareholdersaffiliates, members, managers, shareholders, officers, directors, agents, property managers, employees, contractors, or the partners comprising Landlord (if any) employees shall be personally liable for any deficiency.

Appears in 1 contract

Sources: Single Tenant Net Lease Agreement (Invision Technologies Inc)

LIMITATIONS ON LANDLORD’S LIABILITY. If Landlord is in default of this Lease, and as a consequence Tenant recovers a money judgment against Landlord, such judgment shall be satisfied only out of the proceeds of sale received upon execution of such judgment and levy against the right, title, and interest of Landlord in the Project, and out of rent or other income from the Project receivable by Landlord or out of the consideration received by Landlord from the sale or other disposition of all or any part of Landlord’s 's right, title, and interest in the Project. Neither Landlord nor Landlord’s 's shareholders, members, officers, directors, agents, property managers, employees, contractors, or the partners comprising Landlord (if any) shall be personally liable for any deficiency.

Appears in 1 contract

Sources: Office Lease Agreement (Adamis Pharmaceuticals Corp)