Common use of LIMIT OF LANDLORD'S LIABILITY Clause in Contracts

LIMIT OF LANDLORD'S LIABILITY. In case the Landlord shall be a joint venture, partnership, tenancy in common, association or other form of joint ownership, the individual members shall have absolutely no personal liability or obligation with respect to any provision of this lease, or any obligation or liability arising therefrom or in connection therewith, except to the extent of any individual member's equity in the Property, which covenant hereinabove referred to, shall be deemed effective as of the date Landlord completes and delivers the leased premises in accordance with the terms and conditions of the lease and the specifications herein provided.

Appears in 2 contracts

Samples: Lease Agreement (Arc Communications Inc), Lease Agreement (Mti Technology Corp)

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LIMIT OF LANDLORD'S LIABILITY. In case the Landlord shall be a joint venture, trust, partnership, tenancy in common, association or other form of joint ownership, the individual members thereof shall have absolutely no personal liability or obligation with respect to any provision of this lease, or any obligation or liability arising therefrom or in connection therewith, except to the extent of any individual member's equity in the Property, which covenant hereinabove referred to, shall be deemed effective as of the date Landlord completes and delivers the leased premises Leased Premises in accordance with the terms and conditions of the lease and the specifications herein providedlease.

Appears in 1 contract

Samples: Lease Agreement (Lifecell Corp)

LIMIT OF LANDLORD'S LIABILITY. In case the Landlord shall be a joint venture, partnership, tenancy in common, association or other form of joint ownership, the individual members or entities thereof shall have absolutely no personal liability or obligation with respect to any provision of this leaseLease, or any obligation or liability arising therefrom or in connection therewith, except to the extent of any individual member's equity in the Property, which covenant hereinabove referred to, shall be deemed effective as of the date Landlord completes and delivers the leased premises Leased Premises in accordance with the terms and conditions of the lease Lease and the specifications Plans herein provided.

Appears in 1 contract

Samples: Lease Agreement (First Montauk Financial Corp)

LIMIT OF LANDLORD'S LIABILITY. In case the Landlord shall be a joint venture, partnership, tenancy in common, association or other form of joint ownership, the individual members or entities thereof shall have absolutely no personal liability or obligation with respect to any provision of this lease, or any obligation or liability arising therefrom or in connection therewith, except to the extent of any individual member's equity in the Property, which covenant hereinabove referred to, shall be deemed effective as of the date Landlord completes and delivers the leased premises in accordance with the terms and conditions of the lease and the plans and specifications herein provided, and any liability or obligation of Landlord shall be satisfied out of Landlord's equity in the Property.

Appears in 1 contract

Samples: Lease Agreement (Diamond Entertainment Corp)

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LIMIT OF LANDLORD'S LIABILITY. In case the Landlord shall be a joint venture, partnership, tenancy in common, association or other form of joint ownership, the individual members thereof shall have absolutely no personal liability or obligation with respect to any provision of this lease, or any obligation or liability arising therefrom or in connection therewith, except to the extent of any individual member's equity in ownership of the land, Building and improvements comprising the Property, which covenant hereinabove referred to, shall be deemed effective as of the date Landlord completes and delivers the leased premises in accordance with the terms and conditions of the lease and the specifications herein provided.

Appears in 1 contract

Samples: Agreement (Loehmanns Inc)

LIMIT OF LANDLORD'S LIABILITY. In case the Landlord shall be a joint venture, partnership, tenancy in common, trust, association or other form of joint ownership, the individual members thereof shall have absolutely no personal liability or obligation with respect to any provision of this lease, or any obligation or liability arising therefrom or in connection therewith, except to the extent of any individual member's equity in ownership of the land, Building and improvements located on the Property, which covenant hereinabove referred to, shall be deemed effective as of the date Landlord completes and delivers the leased premises Leased Premises in accordance with the terms and conditions of the lease and the specifications herein providedlease.

Appears in 1 contract

Samples: Lease Agreement (Sterigenics International Inc)

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