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 Demised Premises and the proceeds thereof 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 1 contract

Samples: Net Lease Agreement (Merix Corp)

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Landlord’s Limited Liability. Tenant agrees to look solely to Landlord's ’s interest in the Demised Premises and the proceeds thereof 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 1 contract

Samples: Net Lease (Wells Mid-Horizon Value-Added Fund I LLC)

Landlord’s Limited Liability. Tenant agrees to look solely to ---------------------------- Landlord's interest in the Demised Premises and the Project, and all profits, rents and sales proceeds thereof arising therefrom for recovery of any monetary 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 not be personally liable for any personal monetary judgment or deficiency decree or judgment against itLandlord.

Appears in 1 contract

Samples: Lease Agreement (Wells Real Estate Investment Trust Inc)

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Landlord’s Limited Liability. Tenant agrees to look solely to Landlord's interest in the Demised Premises and the proceeds thereof 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 1 contract

Samples: Lease Agreement (Petco Animal Supplies Inc)

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