Common use of EXCULPATION OF LANDLORD Clause in Contracts

EXCULPATION OF LANDLORD. Neither Landlord nor its principals shall have any personal obligation for the payment of any indebtedness or for the performance of any obligation under this Lease. The performance of Landlord’s obligations expressed herein may be enforced only against the Building and land of which the Leased Premises are a part, and the rents, issues and profits thereof. The Tenant agrees that no deficiency judgment or other judgment for money damages shall be entered by it against the Landlord or its principals personally in any action.

Appears in 4 contracts

Samples: Lease Agreement (Pharmacopeia Inc), Lease Agreement (Ligand Pharmaceuticals Inc), Lease Agreement (Ligand Pharmaceuticals Inc)

AutoNDA by SimpleDocs

EXCULPATION OF LANDLORD. Neither Landlord nor its principals shall have any personal obligation for the payment of any indebtedness or for the performance of any obligation under this Lease. The performance of Landlord’s obligations expressed herein may be enforced only against the Building and land of which the Leased Premises are a partPremises, and the rents, issues and profits thereof. The Tenant agrees that no deficiency judgment or other judgment for money damages shall be entered by it against the Landlord or its principals personally in any action.. Initial: Landlord ___

Appears in 1 contract

Samples: Lease Agreement (Xenogen Corp)

EXCULPATION OF LANDLORD. Neither Landlord nor its principals shall have any personal obligation for the payment of any indebtedness or for the performance of any obligation under this Lease. The performance of Landlord’s 's obligations expressed herein may be enforced only against the Building and land of which the Leased Premises are a part, and the rents, issues and profits thereof. The Tenant agrees that no deficiency judgment or other judgment for money damages shall be entered by it against the Landlord or its principals personally in any action.

Appears in 1 contract

Samples: Lease Agreement (Amicus Therapeutics Inc)

AutoNDA by SimpleDocs

EXCULPATION OF LANDLORD. Neither None of the principals of Landlord nor its principals shall have any personal obligation for the payment of any indebtedness or for the performance of any obligation under this Lease. The performance of Landlord’s obligations expressed herein may be enforced only against the Building and land of which the Leased Premises are a part, and the rents, issues and profits thereof. The Tenant agrees that no deficiency judgment or other judgment for money damages shall be entered by it against the Landlord or its Landlord's principals personally in any action.

Appears in 1 contract

Samples: Lease Agreement (Enamelon Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!