Limitation of Landlord’s Personal Liability. Tenant specifically agrees to look solely to Landlord’s equity interest Premises for the recovery of any monetary judgment against Landlord, it being agreed that Landlord (and its partners, members and shareholders) shall never be personally liable for any such judgment. The provision contained in the foregoing sentence is not intended to, and shall not, limit any right that Tenant might otherwise have to obtain injunctive relief against Landlord or Landlord’s successors-in-interest or any suit or action in connection with enforcement or collection of amounts which may become owing or payable under or on account of insurance maintained by Landlord.
Limitation of Landlord’s Personal Liability. Tenant shall look solely to Landlord’s interest in the Demised Premises, for the recovery of any judgment against Landlord, and no other property or assets of Landlord or Landlord’s partners, members, officers, directors, shareholders or principals, direct or indirect, disclosed or undisclosed, shall be subject to levy, execution or other enforcement procedure for the satisfaction of Tenant’s remedies under or with respect to this lease.
Limitation of Landlord’s Personal Liability. Notwithstanding any other provision in this Lease to the contrary, Tenant specifically agrees to look solely to Landlord's interest in the Leased Premises and in this Lease for the recovery of any judgment from Landlord, it being agreed that Landlord shall never be personally liable for any such judgment.
Limitation of Landlord’s Personal Liability. TENANT AGREES TO LOOK SOLELY TO LANDLORD’S INTEREST IN THE PROJECT FOR THE RECOVERY OF ANY JUDGMENT AGAINST LANDLORD, IT BEING AGREED THAT LANDLORD, ITS MANAGERS, MEMBERS, PARTNERS, OFFICERS, DIRECTORS AND EMPLOYEES SHALL NEVER BE PERSONALLY LIABLE FOR ANY SUCH JUDGMENT, AND TENANT, FOR ITSELF AND ALL PERSONS CLAIMING BY, THROUGH OR UNDER TENANT, EXPRESSLY WAIVES AND RELEASES LANDLORD AND SUCH RELATED PERSONS AND ENTITIES FROM ANY AND ALL PERSONAL LIABILITY. IN NO EVENT SHALL LANDLORD BE LIABLE FOR CONSEQUENTIAL, SPECIAL, OR PUNITIVE DAMAGES. TENANT HEREBY WAIVES ITS STATUTORY LIEN UNDER SECTION 91.004 OF THE TEXAS PROPERTY CODE. The provision contained in the foregoing sentence is not intended to, and shall not, limit any right that Tenant might otherwise have to obtain injunctive relief against Landlord or Landlord’s successors in interest or any suit or action in connection with enforcement or collection of amounts which may become owing or payable under or on account of insurance maintained by Landlord.
Limitation of Landlord’s Personal Liability. Tenant agrees to look solely to Landlord’s interest in the Project for the recovery of any judgment against Landlord, it being agreed that Landlord, its managers, members, partners, officers, directors and employees shall never be personally liable for any such judgment. The provision contained in the foregoing sentence is not intended to, and shall not, limit any right that Tenant might otherwise have to obtain injunctive relief against Landlord or Landlord’s successors in interest or any suit or action in connection with enforcement or collection of amounts which may become owing or payable under or on account of insurance maintained by Landlord. Nothing herein shall prohibit or limit Tenant from recovering against Landlord damages resulting from Landlord’s wrongful misappropriation of insurance proceeds or condemnation proceeds if Landlord was required, pursuant to the terms of the Lease, to repair the Building or the Premises and failed to do so as a result of such misappropriation. To the extent Landlord has transferred its interest in the Project, Tenant may look to proceeds from transfer received by Landlord for recovery of any judgment for liability hereunder accruing prior to the transfer under applicable law, however in no event (i) shall any recovery against Landlord exceed the amount of net proceeds received by Landlord from the transfer; (ii) shall this provision restrict Landlord’s right to expend, transfer or distribute proceeds in accordance with applicable law; nor (iii) shall this provision create any liability or obligation of any kind or nature of any stockholder, lender, director, member, trustee, partner, or other interest holder for any distributions or payments received by such party from proceeds of any transfer or otherwise.
Limitation of Landlord’s Personal Liability. If Landlord shall fail to perform any term, condition, covenant or obligation required to be performed by it under this Lease and if Tenant shall, as a consequence thereof, recover a money judgment against Landlord, Tenant agrees that it shall look solely to Landlord’s right, title and interest in and to the Building for the collection of such judgment and Tenant further agrees that no other assets of Landlord shall be subject to levy, execution or other process for the satisfaction of Tenant’s judgment, and as such, it being agreed and understood that Landlord (and its partners, members and shareholders) shall never be personally liable for any such judgment and Tenant further agrees that Landlord shall not be liable for any deficiency.
Limitation of Landlord’s Personal Liability. Tenant will look solely to -------------------------------------------- Landlord's interest in the Lease Premises and the Building for the recovery of any judgment against Landlord it being the express intent of the parties hereto that neither Landlord, nor any of its partners will ever be personally liable for any such judgement.
Limitation of Landlord’s Personal Liability. Tenant will look solely to Landlord's interest in the Leased Premises, the Building and the Land for the recovery of any judgment against Landlord; it being the express intent of the parties hereto that neither Landlord, nor any of its shareholders, directors, officers or employees will ever be personally liable for any such judgment.
Limitation of Landlord’s Personal Liability. Lessee shall look solely to Lessor's interest in the Demised Premises for the recovery of any judgment against Lessor, and no other property or assets of Lessor or Lessor's partners, officers, directors, shareholders or principals, direct or indirect, disclosed or undisclosed, shall be subject to levy, execution or other enforcement procedure for the satisfaction of Lessee's remedies under or with respect to this Lease.
Limitation of Landlord’s Personal Liability. Tenant specifically agrees to look solely to Landlord’s equity interest in the Buildings for the recovery of any monetary judgment against Landlord, it being agreed that, notwithstanding any contrary provision of this Lease:
(i) Landlord, its parent, affiliates, subsidiaries, directors, officers, agents, shareholders or employees, shall not be personally liable for any of the obligations of Landlord under this Lease, and (ii) Tenant expressly agrees that Landlord’s liability hereunder or otherwise shall be limited to, and Tenant shall only have recourse against, the value of Landlord’s fee interest in the Buildings. The provision contained in the foregoing sentence is not intended to, and shall not, limit any right that Tenant might otherwise have to obtain injunctive relief against Landlord or Landlord’s successors in interest or any suit or action in connection with enforcement or collection of amounts which may become owing or payable under or on account of insurance maintained by Landlord.
