Common use of Landlord Liability Clause in Contracts

Landlord Liability. No owner of the Premises, whether or not named herein, shall have liability hereunder after such owner ceases to hold title to the Premises, except for obligations which may have theretofore accrued. Neither Landlord nor any officer, director, shareholder, partner or principal, whether disclosed or undisclosed, of Landlord shall be under any personal liability with respect to any of the provisions of this Lease, and if Landlord is in breach or default with respect to Landlord's obligations or otherwise under this Lease, Tenant shall look solely to the equity of Landlord in the Premises for the satisfaction of Tenant's remedies. It is expressly understood and agreed that Landlord's liability under the terms, covenants, conditions, warranties and obligations of this Lease shall in no event exceed the loss of Landlord's equity interest in the Premises.

Appears in 2 contracts

Samples: Lease Agreement (Markel Corp), Lease Agreement (Markel Corp)

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Landlord Liability. No owner of the Demised Premises, whether or not ------------------ named herein, shall have liability hereunder after such owner it ceases to hold title to the Demised Premises, except for obligations which may have theretofore accrued. Neither Landlord nor any officer, director, shareholder, partner or principalprincipal of Landlord, whether disclosed or undisclosed, of Landlord shall be under any personal liability with respect to any of the provisions of this Lease, and if Landlord is in breach or default with respect to Landlord's obligations or otherwise under this Lease, Tenant shall look solely to the equity of Landlord in the Demised Premises for the satisfaction of Tenant's remedies. It is expressly understood and agreed that Landlord's liability under the terms, covenants, conditions, warranties and obligations of this Lease shall in no event exceed the loss of Landlord's equity interest in the Demised Premises.

Appears in 1 contract

Samples: Industrial Lease Agreement (Wells Real Estate Fund Ix Lp)

Landlord Liability. No owner of the Premises, whether or not named herein, shall will have liability hereunder under this Lease after such owner it ceases to hold title to the Premises, except for obligations which may have theretofore accrued. Neither Landlord nor any employee, representative, officer, director, shareholdersecurity holder, manager, equity holder, trustee, partner or principalprincipal of Landlord, whether disclosed or undisclosed, of Landlord shall be under will have any personal liability with respect to any of the provisions of this Lease, and if . In the event Landlord is in breach or default with respect to Landlord's ’s obligations or otherwise under this Lease, Tenant shall will look solely to the equity of Landlord in the Premises for the satisfaction of Tenant's Xxxxxx’s remedies. It is expressly understood and agreed that Landlord's ’s liability under the terms, covenants, conditions, warranties and obligations of this Lease shall will in no event exceed the loss of Landlord's ’s equity interest in the Premises.

Appears in 1 contract

Samples: Data Center Lease (Cipher Mining Inc.)

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Landlord Liability. No owner of the Demised Premises, whether or not named herein, shall have liability hereunder after such owner it ceases to hold title to the Demised Premises, except for obligations which may have theretofore accrued. Neither Landlord nor any officer, director, shareholder, partner or principalprincipal of Landlord, whether disclosed or undisclosed, of Landlord shall be under any personal liability with respect to any of the provisions of this Lease, and if Landlord is in breach or default with respect to Landlord's obligations or otherwise under this Lease, Tenant shall look solely to the equity of Landlord in the Demised Premises for the satisfaction of Tenant's remedies. It is expressly understood and agreed that Landlord's liability under the terms, covenants, conditions, warranties and obligations of this Lease shall in no event exceed the loss of Landlord's equity interest in the Demised Premises.

Appears in 1 contract

Samples: Consent and Agreement (Crain Industries Inc)

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