Common use of Exculpatory Language Clause in Contracts

Exculpatory Language. If Landlord fails to perform its obligations in accordance with any of the provisions of this Lease, Landlord agrees that it shall, to the extent and under the conditions provided for in this Lease, be liable to Tenant on account of any damages caused thereby, but Tenant agrees that any money judgment resulting from such failure shall be satisfied only out of Landlord’s interest in the building of which the Premises are a part, and no other real, personal, or other property of Landlord or of the partners comprising Landlord, or of the officers, shareholders, directors, partners, or principals of such partners comprising the Landlord, shall be subject to levy, attachment, or execution, or otherwise sued to satisfy any such judgment, ground lease of the Premises, and in the event of any transfer of such title or interest, Landlord herein named (and in case of any subsequent transfers, the then grantor) shall be relieved from and after the date of such transfer of all liability as respects Landlord’s obligations thereafter to be performed, provided that any funds in the hands of Landlord or the then grantor at the time of such transfer, in which Tenant has an interest, shall be delivered to the grantee. The obligations contained in this Lease to be performed by Landlord shall, subject as aforesaid, be binding on Landlord’s successors and assigns, only during their respective periods of ownership.

Exculpatory Language. If Landlord Lessor fails to perform its obligations in accordance with any of the provisions of this Lease, Landlord Lessor agrees that it shall, to the extent and under the conditions provided for in this Lease, be liable to Tenant Lessee on account of any damages caused thereby, but Tenant Lessee agrees that any money judgment judgement resulting from such failure shall be satisfied only out of Landlord’s Lessor's interest in the building of which the Premises are a part, and no other real, personal, or other property of Landlord Lessor or of the partners comprising LandlordLessor, or of the officers, shareholders, directors, partners, or principals of such partners comprising the LandlordLessor, shall be subject to levy, attachmentattachments, or execution, or otherwise sued to satisfy any such judgmentjudgement against Lessor except from Lessor's interest in the building of which the Premises are a part. The term, "Lessor" as used in this paragraph, shall mean only the owner of owners at the time in question of the fee title or interest in a ground lease of the Premises, and in the event of any transfer of such title or interest, Landlord Lessor herein named (and in case of any subsequent transfers, the then grantor) shall be relieved from and after the date of such transfer of all liability as respects Landlord’s Lessor's obligations thereafter to be performed, provided that any funds in the hands of Landlord or the then grantor at the time of such transfer, in which Tenant Lessee has an interest, shall be delivered to the grantee. The obligations contained in this Lease to be performed by Landlord Lessor shall, subject as aforesaid, be binding on Landlord’s Lessor's successors and assigns, only during their respective periods of ownership.

Exculpatory Language. If Landlord fails to perform its obligations in accordance with any of the provisions of this Lease, Landlord agrees that it shall, to the extent and under the conditions provided for in this Lease, be liable to Tenant on account of any damages caused thereby, but Tenant agrees that any money judgment resulting from such failure shall be satisfied only out of Landlord’s 's interest in the building of which the Premises are a part, and no other real, personal, or other property of Landlord or of the partners comprising Landlord, or of the officers, shareholders, directors, partners, or principals of such partners comprising the Landlord, shall be subject to levy, attachment, or execution, or otherwise sued to satisfy any such judgment, ground lease of the Premises, and in the event of any transfer of such title or interest, Landlord herein named (and in case of any subsequent transfers, the then then-grantor) shall be relieved from and after the date of such transfer of all liability as respects Landlord’s 's obligations thereafter to be performed, provided that any funds in the hands of Landlord or the then grantor at the time of such transfer, in which Tenant has an interest, shall be delivered to the grantee. The obligations contained in this Lease to be performed by Landlord shall, subject as aforesaid, be binding on Landlord’s 's successors and assigns, only during their respective periods of ownership.