Recourse Limitation. Tenant shall be entitled to look solely to Landlord’s equity in the Complex for the recovery of any judgment against Landlord, and Landlord shall not be personally liable for any deficiency with respect to the recovery of such judgment. For purposes of the foregoing, if Tenant has a judgment against Landlord, Landlord’s equity in the Complex shall include the proceeds from any sale or transfer of such interest, the proceeds of any insurance policies covering or relating to the Complex, and awards payable in connection with any condemnation of the Complex, and any other rights, privileges, licenses, franchises, claims causes of action or other interest, sums or receivables appurtenant to the Complex. The provision contained in the foregoing sentence shall not limit any right that Tenant might otherwise have to obtain specific performance of Landlord’s obligations under this Lease.
Appears in 2 contracts
Sources: Office Lease Agreement, Office Lease Agreement (FSP 50 South Tenth Street Corp)