Common use of Liability of Landlord Indemnification Clause in Contracts

Liability of Landlord Indemnification. 15.01. Landlord and Landlord's agents have made no representations or promises with respect to the Building, the Land or the Leased Property except as herein expressly set forth. No rights, easements or licenses are acquired by Tenant by implication or otherwise, except as expressly set forth in the provisions of this Lease. (a) Neither Landlord, any Superior Mortgagee nor any of their respective employees, directors, officers and agents shall be liable for any injury or damage to persons or property unless caused by or solely due to the proven gross negligence or willful misconduct of Landlord, its agents or employees. Landlord, its employees, directors, officers and agents shall in no event be liable for any such damage, or for any injury, damage to or loss (by theft or otherwise) of any property of Tenant, caused by other tenants or persons in the Building. (b) In no event shall Landlord be liable for incidental, indirect, consequential, or special damages arising out of or in connection with this Lease, including, without limitation, lost profits. 15.03. During the existence of any Superior Lease, the term "Landlord" wherever used in this Lease shall be limited to mean and include only the owner or owners at the time in question of the lessee's interest in the Land and the Building pursuant to any such Superior Lease, so that in the event of any sale, assignment or transfer, by operation of law or otherwise, of Landlord's interest in the Land and the Building, such seller, assignor or transferor thereupon automatically shall be released and discharged from all covenants, conditions and agreements of Landlord hereunder; but, subject to the provisions of Section 8.02 above, such covenants, conditions and agreements shall be deemed to have been assumed by and be binding upon each new owner, assignee or transferee for the time being of Landlord's interest in the Land and the Building, until sold, assigned or transferred. (a) Tenant shall indemnify and save harmless Landlord and its agents and all Superior Mortgagees and their respective officers, directors, agents and employees (collectively, the

Appears in 5 contracts

Samples: Lease Agreement (Monaco Coach Corp /De/), Lease Agreement (Monaco Coach Corp /De/), Lease Agreement (Monaco Coach Corp /De/)

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