Common use of Liability for Personal Property Clause in Contracts

Liability for Personal Property. Except for the negligent acts or willful misconduct Landlord or that of its agents, employees, contractors or invitees, in no event shall Landlord have any liability for, nor shall it be required to repair or restore, any injury or damage to any Alterations to the Premises made by Tenant, trade fixtures, equipment, merchandise, furniture, or any other property installed by Tenant or at the expense of Tenant. If Landlord or Tenant do not elect to terminate this Lease pursuant to this Paragraph 15, Tenant shall be obligated to promptly rebuild or restore the same to the condition existing immediately prior to the damage or destruction in accordance with the provisions of Paragraph 13.1.

Appears in 3 contracts

Samples: Net Lease Agreement (Laserscope), Net Lease Agreement (Laserscope), Net Lease Agreement (Laserscope)

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Liability for Personal Property. Except for the negligent acts ------------------------------- or willful misconduct Landlord or that of its agents, employees, contractors or invitees, in no event shall Landlord have any liability for, nor shall it be required to repair or restore, any injury or damage to any Alterations to the Premises made by Tenant, trade fixtures, equipment, merchandise, furniture, or any other property installed by Tenant or at the expense of Tenant. If Landlord or Tenant do not elect to terminate this Lease pursuant to this Paragraph 15, Tenant shall be obligated to promptly rebuild or restore the same to the condition existing immediately prior to the damage or destruction in accordance with the provisions of Paragraph 13.1.

Appears in 1 contract

Samples: Net Lease Agreement (Navisite Inc)

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Liability for Personal Property. Except for the negligent acts or willful misconduct Landlord or that of its agents, employees, contractors or invitees, in no event shall Landlord have any liability for, nor shall it be required to repair or restore, any injury or damage to any Alterations to the Premises made by Tenant, trade fixtures, equipment, merchandise, furniture, or any other property installed by Tenant or at the expense of Tenant. If neither Landlord or Tenant do not elect elects to terminate this Lease pursuant to this Paragraph 15, Tenant shall be obligated to promptly rebuild or restore the same same, to the extent reasonably feasible and necessary to Tenant’s then ongoing business operations at the Premises, to the condition existing immediately prior to the damage or destruction in accordance with the provisions of Paragraph 13.1.

Appears in 1 contract

Samples: Net Lease Agreement (Rackable Systems, Inc.)

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