Common use of Limitations on Lessor’s Liability Clause in Contracts

Limitations on Lessor’s Liability. If any CA Lessee Indemnitee makes any monetary claim against Lessor (including any equitable claim that directly or indirectly seeks payment of money) under Section 35.2.12(a), no member, partner (general or limited), shareholder, director, officer, employee, agent or lender of Lessor or of any Affiliate of Lessor (other than any party named as Lessor or comprising Lessor under this Lease) shall have any personal liability with respect to the liabilities or obligations of Lessor under Section 35.2.12(a) and Lessee (for itself and the other CA Lessee Indemnitees) acknowledges and agrees that in no event shall it seek to have any personal recourse against any such Persons. The liability of Lessor for CA Removal Facility Claims under Section 35.2.12(a) shall be joint and several, and solely limited to Lessor’s interest in any and all of the CA Removal Facilities, collectively. In no event shall any CA Lessee Indemnitee be entitled to obtain a deficiency judgment against any member, partner (general or limited), shareholder, director, officer, employee, agent or lender of Lessor or of any Affiliate of Lessor (other than any party named as Lessor or comprising Lessor under this Lease), except for any CA Removal Facility Claims any CA Lessee Indemnitee may have directly against any such Person as a result of such Person’s criminal conduct.

Appears in 2 contracts

Sources: Master Lease and Security Agreement (Brookdale Senior Living Inc.), Master Lease and Security Agreement (Hcp, Inc.)