Liability of Mortgagee. The Mortgagee shall not be liable as mortgagee in possession in respect of all or any of the Owner's Assigned Property and/or the Charterer's Assigned Property to account or be liable for any loss upon realisation or for any neglect or default of any nature whatsoever in connection therewith for which a mortgagee in possession may be liable as such.
Liability of Mortgagee. Mortgagee is hereby absolved from all liability for failure to enforce collection of any of such proceeds, and from all other responsibility in connection therewith except the responsibility to account to Mortgagor for proceeds actually received by Mortgagee.
Liability of Mortgagee. No mortgagee, or its nominee, shall become liable under the provisions of this Lease unless and until such time as it becomes, and then only for so long as it remains, the owner of the Landlord’s interest in this Lease, and such liability shall be limited solely to such mortgagee’s or nominee’s interest in the Property.
Liability of Mortgagee. In the event that Mortgagee (or its wholly-owned subsidiary) shall acquire the interest of FRFC under the Lease and title to the Apartment Parcel, any liability shall be limited to such party's interest in the Lease and Apartment Parcel and shall be non-recourse to Mortgagee (or its wholly-owned subsidiary). The limitation set forth in this Section 9 shall be personal to Mortgagee (or such wholly-owned subsidiary).
Liability of Mortgagee. Notwithstanding any other provision of the Condominium documents, the holder of any first mortgage covering any unit in the project which comes into possession of the unit pursuant to the remedies provided in the mortgage or by deed or assignment in lieu of foreclosure, or any purchaser at a foreclosure sale, shall take the property free of any claims for unpaid assessments or charges against the mortgaged unit which accrue prior to the time such holder comes into possession of the unit (except for claims for a pro rata share of such assessments or charges resulting from a pro rata reallocation of such assessments or charges to all units, including the mortgaged unit) .
Liability of Mortgagee. If a mortgagee of a mortgage of record or other purchaser obtains title to the condominium unit as a result of foreclosure of the mortgage, such person, its successors and assigns, is liable for Association assessments chargeable to that unit and any/all unpaid fees, dues and/or assessments owing the Association, the Township and/or any taxing authority shall constitute a first lien against the property.
Liability of Mortgagee. Except as provided in Section 9.3.1, no Leasehold Mortgagee shall become liable under the provisions of this Lease unless and until such time as it becomes, and then only for as long as it remains, the owner of the leasehold estate created hereby. In any event, recourse against any Leasehold Mortgagee shall be limited to its interest in the Leasehold at such time as it becomes the owner of the Leasehold.
Liability of Mortgagee. Attornment.................................................................. 24 17.03
Liability of Mortgagee. If the Mortgagee is registered as the holder of the Shares, the Mortgagee shall not unless it sees fit be obliged to enforce payment of any dividends or other payments in respect of those shares, to vote at any meeting of shareholders of the Company or any class thereof, or to take any other steps which the holder of the Shares may be entitled to tale, and the Mortgagee shall not be under any liability whatsoever to the Mortgagor by reason of the Mortgagee having failed to do, or having done, any of those things.
Liability of Mortgagee. The Mortgagee shall not be answerable or accountable under any circumstances, except for its own willful misconduct or gross negligence.
