Common use of Limitation of Landlord’s Personal Liability Clause in Contracts

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.

Appears in 13 contracts

Samples: Office Lease Agreement, Triple Net Office Lease Agreement (Franklin Financial Network Inc.), Triple Net Office Lease Agreement (Franklin Financial Network Inc.)

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Limitation of Landlord’s Personal Liability. Tenant specifically agrees to look solely to Landlord’s equity interest in the 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.

Appears in 4 contracts

Samples: Commencement Agreement (Franklin Financial Network Inc.), Triple Net Office Lease Agreement (Franklin Financial Network Inc.), Triple Net Office Lease Agreement (Franklin Financial Network Inc.)

Limitation of Landlord’s Personal Liability. Tenant specifically agrees to look solely to Landlord’s equity interest Premises in the Building for the recovery of any monetary judgment against Landlord, it being agreed that Landlord (and its partners, members partners 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-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.

Appears in 3 contracts

Samples: Sublease Agreement (Cumberland Pharmaceuticals Inc), Office Lease Agreement (Cumberland Pharmaceuticals Inc), Office Lease Agreement (Cumberland Pharmaceuticals Inc)

Limitation of Landlord’s Personal Liability. Tenant specifically agrees to look solely to Landlord’s equity interest Premises in the Building 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-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.

Appears in 2 contracts

Samples: Office Lease Agreement, Work Letter Agreement (Active Network Inc)

Limitation of Landlord’s Personal Liability. Tenant specifically agrees to look solely to Landlord’s equity interest Premises in the Building 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-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.

Appears in 2 contracts

Samples: Lease Agreement (Emdeon Inc.), Lease Agreement (Emdeon Inc.)

Limitation of Landlord’s Personal Liability. Tenant specifically agrees to look solely to Landlord’s '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 '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.

Appears in 1 contract

Samples: Triple Net Office Lease Agreement (Franklin Financial Network Inc.)

Limitation of Landlord’s Personal Liability. Tenant specifically agrees to look solely to Landlord’s equity 's interest Premises in the Building and the Land for the recovery of any monetary judgment against Landlord, it being agreed that Landlord (and Landlord, its partners, members members, managers, officers, directors and shareholders) employees, shall never be personally liable for any such judgment. The provision provisions contained in the foregoing sentence is are 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-'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 liability insurance maintained by Landlord.

Appears in 1 contract

Samples: Lease Agreement (Pozen Inc /Nc)

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Limitation of Landlord’s Personal Liability. Tenant specifically agrees to look solely to Landlord’s equity interest Premises in the Project, the rent stream therefrom, and any sales proceeds thereof 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-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.

Appears in 1 contract

Samples: Work Letter Agreement (Kirklands Inc)

Limitation of Landlord’s Personal Liability. Tenant specifically agrees to look solely to Landlord’s equity 's interest in the Premises for the recovery of any monetary judgment against Landlord, it being agreed that Landlord (Landlord, its officers, directors and its partners, members and shareholders) 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-'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.

Appears in 1 contract

Samples: Lease Agreement (Mentor Corp /Mn/)

Limitation of Landlord’s Personal Liability. Tenant specifically agrees to look solely to LandlordXxxxxxxx’s equity interest in the 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.

Appears in 1 contract

Samples: Triple Net Office Lease Agreement

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