Common use of Landlord’s Limited Liability Clause in Contracts

Landlord’s Limited Liability. Tenant agrees to look solely to Landlord's interest in the Premises and any income derived directly therefrom for recovery of any judgment from Landlord, it being agreed that Landlord (and if Landlord is a partnership, its partners, whether general or limited, and if Landlord is a corporation, its directors, officers or shareholders) shall never be personally liable for any personal judgment or deficiency decree or judgment against it.

Appears in 3 contracts

Samples: Lease Agreement (Petco Animal Supplies Inc), Lease Agreement (Petco Animal Supplies Inc), Lease Agreement (Petco Animal Supplies Inc)

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Landlord’s Limited Liability. Tenant agrees to look solely to Landlord's interest in the Premises and any income derived directly therefrom for recovery of any judgment from Landlord, it being agreed that Landlord (and if Landlord is a partnership, its partners, whether general or limited, and if Landlord is a corporation, its directors, officers or shareholdersshareholders and if Landlord is a limited liability company, its governors, managers or members) shall never be personally liable for any personal judgment or deficiency decree or judgment against it.

Appears in 1 contract

Samples: Office Lease Agreement (Precise Software Solutions LTD)

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Landlord’s Limited Liability. Tenant agrees to shall look solely to Landlord's interest in the Premises and any income derived directly therefrom for recovery of any judgment from against Landlord, it being agreed that Landlord (and if Landlord is a partnershippartnership or limited liability company, its partners, whether general partners or limitedmembers, and if Landlord is a corporation, its directors, officers or shareholders) shall never be personally liable for any personal judgment or deficiency decree or judgment against it.

Appears in 1 contract

Samples: Lease Agreement (Icos Corp / De)

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