Common use of BIND AND INURE; LIMITATION OF LANDLORD'S LIABILITY Clause in Contracts

BIND AND INURE; LIMITATION OF LANDLORD'S LIABILITY. The obligations of this Lease shall run with the land, and this Lease shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. No owner of the Premises shall be liable under this Lease except for breaches of Landlord's obligations occurring while owner of the Premises. The obligations of Landlord shall be binding upon the assets of Landlord which comprise the Premises, Building and Lot, but not upon other assets of Landlord. Without limiting the generality of the foregoing, upon any assignment of this Lease by Kendall Square, LLC to an Affiliate of Landlord, Kendall Square, LLC xxxxx xave no further liability or obligation purxxxxx xo this Lease. No member, partner, trustee, stockholder, officer, director, employee or beneficiary (or the members, partners, trustees, stockholders, officers, directors or employees of any such beneficiary) of Landlord shall be personally liable under this Lease and Tenant shall look solely to Landlord's interest in the Building and Lot, including insurance proceeds and eminent domain awards and the proceeds of any sale of the Building or Lot, and any rents and profits from the Building in pursuit of its remedies upon an event of default hereunder, and the general assets of the members, partners, trustees, stockholders, officers, employees or beneficiaries (and the members, partners, trustees, stockholders, officers, directors or employees of any such beneficiary) of Landlord shall not be subject to levy, execution or other enforcement procedure for the satisfaction of the remedies of Tenant; provided that the foregoing provisions of this sentence shall not constitute a waiver of any obligation evidenced by this Lease and provided further that the foregoing provisions of this sentence shall not limit the right of Tenant to name Landlord or any individual partner or trustee thereof as party defendant in any action or suit in connection with this Lease so long as no personal money judgment shall be asked for or taken against any individual partner, trustee, stockholder, officer, employee or beneficiary of Landlord.

BIND AND INURE; LIMITATION OF LANDLORD'S LIABILITY. The obligations of this Lease shall run with the land, and this Lease shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. No owner of the Premises shall be liable under this Lease except for breaches of Landlord's obligations occurring while owner of the Premises, provided, however, that (a) any successor Landlord shall be obligated to cure any repair or maintenance default of a prior Landlord which shall be continuing upon acquisition of the Premises by such successor Landlord and (b) any successor Landlord (other than a mortgagee or a person acquiring title on foreclosure or conveyance in lieu of foreclosure) shall be obligated to cure any payment default of a prior Landlord which shall be continuing upon acquisition of the Premises by such successor Landlord, unless [in the case of both (a) and (b)] such successor Landlord shall have requested an estoppel certificate from Tenant pursuant to Section 5.1.11 and Tenant either did not provide such estoppel certificate or failed to disclose such default therein if Tenant had actual knowledge of such default. Landlord shall provide Tenant with the name and address of the proposed purchaser or its attorney so that Tenant may provide updated estoppel certificates between the time of delivery of the original estoppel certificate and the closing of such purchase. The obligations of Landlord shall be binding upon the assets of Landlord which comprise the Premises, Building and LotPremises or any portion thereof, but not upon other assets of Landlord. Without limiting the generality of the foregoing, upon any assignment of this Lease by Kendall Square, LLC to an Affiliate of Landlord, Kendall Square, LLC xxxxx xave no further liability or obligation purxxxxx xo this Lease. No member, individual partner, trustee, stockholder, officer, director, employee employee, beneficiary, member or beneficiary (or the members, partners, trustees, stockholders, officers, directors or employees of any such beneficiary) manager of Landlord shall be personally liable under this Lease and Tenant shall look solely to Landlord's interest in the Building and Lot, Premises (including insurance proceeds and eminent domain awards and the proceeds of any sale of the Building or Lot, and any rents and profits from profits) therefrom arising after enforcement is sought, or arising prior to enforcement to the Building extent the latter have not been distributed or used by Landlord) in pursuit of its remedies upon an event Event of default hereunderDefault under Section 7.1, and the general assets of the members, Landlord and its partners, trustees, stockholders, officers, employees employees, beneficiaries, members or beneficiaries (and the members, partners, trustees, stockholders, officers, directors or employees of any such beneficiary) managers of Landlord shall not be subject to levy, execution or other enforcement procedure for the satisfaction of the remedies of Tenant; provided that the foregoing provisions of this sentence shall not constitute a waiver of any obligation evidenced by this Lease and provided further that the foregoing provisions of this sentence shall not limit the right of Tenant to name Landlord or any individual partner or trustee thereof as party defendant in any action or suit in connection with this Lease so long as no personal money judgment shall be asked for or taken against any individual partner, trustee, stockholder, officer, employee beneficiary, member or beneficiary manager of Landlord.

BIND AND INURE; LIMITATION OF LANDLORD'S LIABILITY. The obligations of this Lease shall run with the land, and this Lease shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. No owner of the Premises shall be liable under this Lease except for breaches of Landlord's obligations occurring while owner of the PremisesPremises except to the extent (i) disclosed on an estoppel certificate or (ii) the acquiror did not seek an estoppel certificate. The obligations of Landlord shall be binding upon the assets of Landlord which comprise the Premises, Building and Lot, the Lot but not upon other assets of Landlord. Without limiting the generality of the foregoing, upon any assignment of this Lease by Kendall Square, LLC to an Affiliate of Landlord, Kendall Square, LLC xxxxx xave no further liability or obligation purxxxxx xo this Lease. No member, partner, trustee, stockholder, officer, director, employee or beneficiary (or the members, partners, trustees, stockholders, officers, directors or employees of any such beneficiary) of Landlord shall be personally liable under this Lease and Tenant shall look solely to Landlord's interest in the Building and Lot, including insurance proceeds and eminent domain awards and the proceeds of any sale of the Building or Lot, and any rents and profits from the Building Lot in pursuit of its remedies upon an event of default hereunder, and the general assets of the members, partners, trustees, stockholders, officers, employees or beneficiaries (and the members, partners, trustees, stockholders, officers, directors or employees of any such beneficiary) of Landlord shall not be subject to levy, execution or other enforcement procedure for the satisfaction of the remedies of Tenant; provided that the foregoing provisions of this sentence shall not constitute a waiver of any obligation evidenced by this Lease and provided further that the foregoing provisions of this sentence shall not limit the right of Tenant to name Landlord or any individual partner or trustee thereof as a party defendant in any action or suit in connection with this Lease so long as no personal money judgment shall be asked for or taken against any individual partner, trustee, stockholder, officer, employee or beneficiary of Landlord.

BIND AND INURE; LIMITATION OF LANDLORD'S LIABILITY. The obligations of this Lease shall run with the land, and this Lease shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. No owner of the Premises shall be liable under this Lease except for breaches of Landlord's obligations occurring while owner of the Premises. The obligations of Landlord shall be binding upon the assets of Landlord which comprise the Premises, the Building and Lot, the Lot but not upon other assets of Landlord. Without limiting the generality of the foregoing, upon any assignment of this Lease and the Security Deposit by Kendall Xxxxxxx Square, LLC to an Affiliate of LandlordLandlord or a third party, Kendall Xxxxxxx Square, LLC xxxxx xave shall have no further liability or obligation purxxxxx xo arising pursuant to this LeaseLease after the date of such assignment. No member, partner, trustee, stockholder, officer, director, employee or beneficiary (or the members, partners, trustees, stockholders, officers, directors or employees of any such beneficiarymember) of Landlord shall be personally liable under this Lease and Tenant shall look solely to Landlord's interest in the Premises, the Building and Lot, including insurance proceeds and eminent domain awards and the proceeds of any sale of the Building or Lot, and any rents and profits from the Building Lot in pursuit of its remedies upon an event of default hereunder, and the general assets of the members, partners, trustees, stockholders, officers, directors, employees or beneficiaries (and the members, partners, trustees, stockholders, officers, directors or employees of any such beneficiarymember) of Landlord shall not be subject to levy, execution or other enforcement procedure for the satisfaction of the remedies of Tenant; provided that the foregoing provisions of this sentence shall not constitute a waiver of any obligation evidenced by this Lease and provided further that the foregoing provisions of this sentence shall not limit the right of Tenant to name Landlord or any individual partner or trustee member thereof as party defendant in any action or suit in connection with this Lease so long as no personal money judgment shall be asked for or taken against any such member or any individual partner, trustee, stockholder, officer, employee or beneficiary of LandlordLandlord or any such member.

BIND AND INURE; LIMITATION OF LANDLORD'S LIABILITY. The obligations of this Lease shall run with the land, and this Lease shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. No owner of the Premises shall be liable under this Lease except for breaches of Landlord's obligations occurring while owner of the Premises. The obligations of Landlord shall be binding upon the assets of Landlord which comprise the Premises, the Building and Lot, the Lot but not upon other assets of Landlord. Without limiting the generality of the foregoing, upon any assignment of this Lease and the Security Deposit by Kendall Square, LLC to an Affiliate of LandlordLandlord or a third party, Kendall SquareKexxxxx Xquare, LLC xxxxx xave shall have no further liability or obligation purxxxxx xo arxxxxx xursuant to this LeaseLease after the date of such assignment. No member, partner, trustee, stockholder, officer, director, employee or beneficiary (or the members, partners, trustees, stockholders, officers, directors or employees of any such beneficiarymember) of Landlord shall be personally liable under this Lease and Tenant shall look solely to Landlord's interest in the Premises, the Building and Lot, including insurance proceeds and eminent domain awards and the proceeds of any sale of the Building or Lot, and any rents and profits from the Building Lot in pursuit of its remedies upon an event of default hereunder, and the general assets of the members, partners, trustees, stockholders, officers, directors, employees or beneficiaries (and the members, partners, trustees, stockholders, officers, directors or employees of any such beneficiarymember) of Landlord shall not be subject to levy, execution or other enforcement procedure for the satisfaction of the remedies of Tenant; provided that the foregoing provisions of this sentence shall not constitute a waiver of any obligation evidenced by this Lease and provided further that the foregoing provisions of this sentence shall not limit the right of Tenant to name Landlord or any individual partner or trustee member thereof as party defendant in any action or suit in connection with this Lease so long as no personal money judgment shall be asked for or taken against any such member or any individual partner, trustee, stockholder, officer, employee or beneficiary of LandlordLandlord or any such member.