Landlord's Exculpation. In the event of default, breach or violation by Landlord (which term includes Landlord's partners, co-venturers and co-tenants, and officers, directors, employees, agents and representatives of Landlord and Landlord's partners, co-venturers and co-tenants) of any of Landlord's obligations under this Lease, Landlord's liability to Tenant shall be limited to its ownership interest in the Building and Property or the proceeds of a public sale of the ownership interest pursuant to the foreclosure of a judgment against Landlord. Landlord shall not be personally liable, or liable in any event, for any deficiency beyond its ownership interest in the Building and Property.
Landlord's Exculpation. In the event of default, breach, or violation by Landlord or Landlord Parties of any of Landlord's obligations under this Lease, Landlord's liability to Tenant shall be limited to its ownership interest in the Building or the proceeds of a public sale of such interest pursuant to foreclosure of a judgment against Landlord. Landlord shall not be personally liable for any deficiency beyond its interest in the Building.
Landlord's Exculpation. Notwithstanding anything contained herein to the contrary, Tenant shall look solely to Landlord to enforce Landlord's obligations hereunder and no member, partner, shareholder, director, officer, principal, employee or agent, directly or indirectly, of Landlord (collectively, the "Exculpated Parties") shall be personally liable for the performance of Landlord's obligations under this Lease. Tenant shall not seek any damages against any of the Exculpated Parties. The obligations of the Landlord named herein (or of any subsequent landlord) under this Lease accruing from and after the sale, conveyance, assignment or transfer by the Landlord named herein (or by any subsequent landlord) of its interest in the Premises shall not be binding upon the Landlord named herein after the sale, conveyance, assignment or transfer of the interest in the Premises of the Landlord named herein (or upon any subsequent landlord after the sale, conveyance, assignment or transfer of the interest in the Premises of such subsequent landlord); and in the event of any such sale, conveyance, assignment or transfer, Landlord shall be and hereby is entirely freed and relieved of all covenants and obligations of Landlord hereunder that accrue from and after such sale, conveyance, assignment or transfer of Landlord's interest in the Premises. The liability of Landlord for Landlord's obligations under this Lease shall in all cases be limited to Landlord's interest in the Premises and its other assets and Tenant shall not look to any other property or assets of any Exculpated Parties in seeking either to enforce Landlord's obligations under this Lease or to satisfy a judgment for Landlord's failure to perform such obligations. ****
Landlord's Exculpation. The term "
Landlord's Exculpation. If Landlord shall fail to perform any covenant, term or condition of this Lease upon Landlord's part to be performed, and if as a consequence of such default Tenant shall recover a money judgment against Landlord, such judgment shall be satisfied only out of Landlord's right, title and interest in the Leased Premises. The term "Landlord's right, title and interest in the Leased Premises" shall include (i) Landlord's equity interest therein, (ii) the rents, issues, profits and income from the Leased Premises, (iii) the proceeds from the sale or other disposition or refinancing of all or any portion of such interest, and (iv) insurance proceeds or condemnation awards previously belonging to and received by Landlord which are required, by the terms of this Lease, to be applied to the restoration of the Leased Premises. The limitation of this Article shall not apply to or limit any injunctive or other equitable, --------------------------- declaratory or other forms of relief to which Tenant may be entitled (notwithstanding that such actions are in personam in nature), which do not ----------- involve the personal liability of Landlord, Landlord's affiliates (or any successor landlord) hereunder for monetary damages from property other than Landlord's right, title and interest in the Leased Premises as aforesaid.
Landlord's Exculpation. It is expressly understood and agreed that nothing in this Lease contained shall be construed as creating any liability whatsoever against the officers and/or directors of Landlord, its employees or its individual commissioners, or their respective successors and assigns, personally, and in particular without limiting the generality of the foregoing, there shall be no personal liability of any such persons to pay any indebtedness of Landlord to Tenant accruing hereunder or to perform any covenant, either express or implied, herein contained, and that all personal liability of the above-mentioned persons or their successors and assigns, of every sort, if any, is hereby expressly waived by Tenant and every person now or hereafter claiming any right or security hereunder, and that so far as Tenant, or its successors and assigns, is concerned the owner of any indebtedness or liability accruing hereunder shall look solely to Landlord’s interest in the Leased Premises and the Land, including the proceeds from the sale or transfer thereof, for the payment thereof. Such exculpation of liability shall be absolute and without any exception whatsoever.
Landlord's Exculpation. The Landlord shall not be liable for any damage or injury which may be sustained by the Tenant or any other person, as a consequence of the failure, breakage, leakage or obstruction of the water, plumbing, steam, sewer, waste or soil pipes, roof, drains, leaders, gutters, valleys, downspouts or the like or of the electrical, gas, power, refrigeration, sprinkler, air-conditioning or heating systems; or by reason of the elements; or resulting from the carelessness, negligence or improper conduct on the part of any other Tenant or of the Landlord or this or any other Tenant's agents, employees, guests, licensees, invitees, subtenants, assignees or successors; or attributable to any interference with, interruption of or failure, beyond the control of the landlord, of any services to be furnished or supplied by the Landlord. Notwithstanding the, above, Landlord shall not be exculpated from (1) any gross negligence or willful and wanton acts of the Landlord, (2) any of the remedies provided to tenant under Paragraph 17 herein, and (3) any of the warranties provided to Tenant under Paragraph 54 herein.
Landlord's Exculpation. It is expressly understood and agreed that notwithstanding anything in this Lease to the contrary, and notwithstanding any applicable law to the contrary, the liability of Landlord (including any successor Landlord) and any recourse by Tenant against Landlord shall be limited solely and exclusively to an amount which is equal to the interest of Landlord in the Building and Real Property, and neither Landlord, nor any of Landlord's officers, members or partners nor their respective officers, agents, directors or employees shall have any personal liability therefor.
Landlord's Exculpation. It is expressly understood and agreed that notwithstanding anything in this Lease to the contrary, and notwithstanding any applicable law to the contrary, the liability of Landlord (including any successor Landlord) and any recourse by Tenant against Landlord shall be limited solely and exclusively to an amount which is equal to the interest of Landlord in the Project, and neither Landlord, nor any of the Landlord’s partners nor their respective officers, agents directors or employees shall have any personal liability therefor, and Tenant hereby expressly waives and releases such personal liability on behalf of itself and all persons claiming by, through or under Tenant.
Landlord's Exculpation. Landlord’s obligations and liabilities to Tenant with respect to this Lease shall be limited solely and exclusively to Landlord’s interest in the Leased Premises, and neither Landlord nor any of the members of Landlord (solely in their capacity as members of Landlord), nor any officer, director, shareholder, partner or member of either Landlord or any member of Landlord, shall have any personal liability to Tenant or to others with respect to this Lease. If Landlord, or its assigns, sells, exchanges or otherwise transfers all of its right, title and interest in and to the Leased Premises, then, and in such event, Landlord shall be relieved of all further obligations hereunder and Tenant shall look solely to the Tenant or assignee.
