Landlord’s Liability Limited. There shall be no personal liability of the Landlord or any member, partner, stockholder, officer, director or other principal of Landlord in connection with this Lease. Tenant agrees to look solely to the interest of Landlord in the Property (or the proceeds therefrom) for the collection of any judgment or other judicial process requiring the payment of money by Landlord in the event of any default or breach by Landlord with respect to this Lease or in any way relating to the Property. No other assets of Landlord or any principal of Landlord shall be subject to levy, execution or other procedures for the satisfaction of Tenant's remedies.
Landlord’s Liability Limited. There shall be no personal liability of the Landlord or any member, partner, stockholder, officer, director or other principal of Landlord in connection with this Lease. Tenant agrees to look solely to the interest of Landlord in the Property and the proceeds therefrom for the collection of any judgment or other judicial process requiring the payment of money by Landlord in the event of any default or breach by Landlord with respect to this ICM: 09/18/02 FORM: AmberJc2.meb Rev. 09/18/02 MTNT-Msty-Office G+TE – AJ Lease F:\wpdata\meb2\Leases\ValeritasLse3.doc 10/16/09 5:30p.m. 12 Lease or in any way relating to the Property. No other assets of Landlord or any principal of Landlord shall be subject to levy, execution or other procedures for the satisfaction of Tenant’s remedies.
Landlord’s Liability Limited. There shall be no personal liability of the Landlord or Tenant or Tenant as the case maybe, or any partner, stockholder, agent, employee, officer, manager, member, director or other principal of Landlord, or Tenant, as the case may be, in connection with this Lease. Tenant agrees to look solely to the interest of Landlord in the Property for the collection of any judgment or other judicial process requiring the payment of money by Landlord in the event of any default or breach by Landlord with respect to this Lease or in any way relating to the Property. No other assets of Landlord or any principal of Landlord shall under any circumstances be subject to levy, execution or other procedures for the satisfaction of Tenant's remedies.
Landlord’s Liability Limited. Notwithstanding the right of Landlord to approve any matter described in this Article Nine, Landlord shall have no responsibility or liability for the performance or quality of work of any contractor, subcontractor, agent or consultant of Tenant. The approval by Landlord, whether express or implied, of Tenant performing Tenant's Improvements in or to the Premises shall in no way affect Landlord's rights or Tenant's obligations relating to the restoration of the Premises. Tenant agrees that any review or approval by Landlord of any plans or specifications with respect to any Tenant's Improvements is solely for Landlord's benefit, and without any representation or warranty whatsoever to Tenant with respect to the adequacy, correctness or efficiency thereof or otherwise.
Landlord’s Liability Limited. Neither Landlord nor any partner, director, officer, agent, servant or employee of Landlord shall be liable to Tenant for any injury or damage to Tenant or to any other person or for any damage to (by vandalism, illegal entry, steam, gases, water, rain, snow, electricity or any other causes), or loss (by theft or otherwise) of, any property of Tenant or of any other person, irrespective of the cause of such injury, damage or loss, unless caused by or due to the primary negligent act or omission of Landlord, its agents, servants or employees. Further, neither Landlord nor any partner, director, officer, agent, servant or employee of Landlord shall be liable (a) for any such damage caused by other tenants or persons in, upon or about the Building, or caused by operations in construction of any private, public or quasi-public work; or (b) in the event of any such primary negligent act of Landlord, for consequential damages arising out of any loss of use of the Premises or any equipment or facilities therein by Tenant or any person claiming through or under Tenant.
Landlord’s Liability Limited. The liability of Landlord to Tenant for any default by Landlord under the terms of this Lease shall be limited to the interest of Landlord in the Building (including, without limitation, rents, income and profits derived therefrom); and Landlord’s officers, directors, shareholders, employees, and agents shall not be personally liable for any deficiency. This Section shall not be deemed to limit or deny any remedies which Tenant may have in the event of default by Landlord, which do not involve the personal liability of Landlord.
Landlord’s Liability Limited. There shall be no personal liability of Landlord or any member, partner, manager, stockholder, officer, director or other principal, direct and indirect, comprising Landlord in connection with this Lease. Tenant agrees to look solely to the interest of Landlord in the Project (including, without limitation, all proceeds thereof and all rents to become payable after the date of such default) for the collection of any judgment or other judicial process requiring the payment of money by Landlord in the event of any default or breach by Landlord with respect to this Lease or in any way relating to the Premises. No other assets of Landlord or any principal of Landlord shall be subject to levy, execution or other procedures for the satisfaction of Tenant’s remedies. In the event of any sale, conveyance, transfer or assignment of the Project or the Building by any Landlord, said Landlord shall have no further obligations and liabilities arising after said sale, conveyance, transfer or assignment, and the transferee shall be deemed to have assumed the same.
Landlord’s Liability Limited. Tenant recognizes that Landlord is a limited liability company. Tenant expressly agrees, anything herein to the contrary notwithstanding, that each and all of the representations and agreements made by Landlord are intended to bind only that portion of Landlord's property leased hereunder. No personal liability or personal responsibility is assumed by, nor shall at any time be asserted or enforced against, any of the members, managers, shareholders, partners, directors, officers, employees or agents of Landlord on account of any agreements of Landlord contained in this Lease. If Landlord fails to perform any obligation of Landlord under this Lease and as a result Tenant recovers a money judgment against Landlord, such judgment shall be satisfied only out of the proceeds of sale received upon execution of such judgment and levied against the right, title and interest of Landlord in the Real Property. Any claim. which Tenant may have against Landlord for default in performance of any of Landlord's obligations herein contained shall be deemed waived unless suit is brought thereon within 6 months of Landlord's sale or conveyance of its interest in the Real Property.
Landlord’s Liability Limited. There shall be no personal liability of the Landlord or any member, partner, stockholder, officer, director or other principal of Landlord in connection with this Lease. Tenant agrees to look solely to the interest of Landlord in the Property for the collection of any judgment or other judicial process requiring the payment of money by Landlord in the event of any default or breach by Landlord with respect to this Lease or in any way relating to the Property. For purposes hereof, the “interest of Landlord in the Property” includes all rent received by Landlord and the net proceeds received by Landlord from the sale or other disposition of all or any part of Landlord’s title or interest in the Property or Buildings (but prior to the distribution of the same to any partners, members or shareholders of Landlord or any third party). No other assets of Landlord or any principal of Landlord shall be subject to levy, execution or other procedures for the satisfaction of Tenant’s remedies.
Landlord’s Liability Limited. If the Landlord or any successor in interest or assignee of Landlord shall be an individual, tenancy in common, joint tenancy, general or limited partnership, limited liability company, limited liability partnership, joint venture, trust or other entity, there shall be no personal liability of such individual, tenancy in common, joint tenancy, general or limited partnership, limited liability company, limited liability partnership, joint venture, trust or other entity, or parties to the tenancy in common, joint tenancy, general or limited partnership, limited liability company, limited liability partnership, or joint venture or other entity, or the trustees or beneficiaries of the trust, in connection with this Lease. Tenant agrees to look solely to the interest of Landlord in the Property for the collection of any judgment or other judicial process requiring the payment of money by Landlord in the event of any default or breach by Landlord with respect to this Lease or in any way relating to the Demised Premises. No other assets of Landlord or any principal, agent or employee of Landlord shall be subject to levy, execution or other procedures for the satisfaction of Tenant's remedies.
