Common use of Limitation of Lessor's Liability Clause in Contracts

Limitation of Lessor's Liability. The term “Lessor,” as used in this Lease, so far as covenants or obligations on the part of Lessor are concerned, shall be limited to mean and include only the owner or owners at the time in question of the fee or any lesser estate in the Premises, and in the event of any transfer of the title to such fee or lesser estate the Lessor herein named (and in the case of any subsequent transfer, the then transferor) shall be automatically freed and relieved from and after the date of such transfer of all personal liability for the performance of any covenants or obligations on the part of Lessor contained in this Lease thereafter to be performed; provided, however, that any funds in the hands of Lessor of the then transferor at the time of such transfer, in which Lessee has an interest, shall be turned over to the transferee and any amount then due and payable to Lessee by Lessor or the then transferor under any provision of this Lease shall be paid to Lessee; and provided, further, that upon any such transfer, the transferee shall expressly assume, subject to the limitations of this paragraph, all of the agreements, covenants and conditions in this Lease to be performed on the part of Lessor, it being intended hereby that the covenants and obligations contained in this Lease on the part of Lessor shall, subject as aforesaid, be binding on each Lessor, its successors and assigns, only during its period of ownership.

Limitation of Lessor's Liability. Section 24.1. The term “"Lessor,” " as used in this Lease, so far as covenants or obligations on the part of Lessor are concerned, Lease shall be limited to mean and include only the owner or owners of the Lessor's interest in this Lease at the time in question of the fee or any lesser estate in the Premisesquestion, and in the event of any transfer or transfers of the title to such fee or lesser estate interest, the Lessor herein named (and in the case of any subsequent transfer, the then transferor) shall be automatically freed and relieved from and after the date of such transfer of all personal liability for as respects the performance of any covenants or obligations agreements on the part of the Lessor contained in this Lease thereafter to be performed; provided, however, provided that any funds in the hands of such Lessor of or the then transferor at the time of such transfer, transfer in which the Lessee has an interest, shall be turned over to the transferee and any amount then due and payable to Lessee by Lessor or the then transferor under any provision of this Lease shall be paid to Lessee; and provided, further, provided further that upon any such transfer, the transferee shall expressly assumebe deemed to have assumed, subject to the limitations of this paragraphSection, all of the agreementscovenants, covenants agreements and conditions in this Lease contained to be performed on the part of the Lessor, it being intended hereby that the covenants and obligations agreements contained in this Lease on the part of the Lessor to be performed shall, subject as aforesaid, be binding on each the Lessor, its successors and assigns, only during its period and in respect of their respective periods of ownership.

Limitation of Lessor's Liability. The term “"Lessor,” " as used in this Lease, so far as covenants or obligations on the part of Lessor are concerned, shall be limited to mean and include only the owner or owners at the time in question of the fee or any lesser estate in the Premises, and in the event of any transfer of the title to such fee or lesser estate the Lessor herein named (and in the case of any subsequent transfer, the then transferor) shall be automatically freed and relieved from and after the date of such transfer of all personal liability for the performance of any and covenants or obligations on the part of Lessor contained in this Lease thereafter to be performed; provided, however, that any funds in the hands of Lessor of or the then transferor at the time of such transfer, in which Lessee has an interest, shall be turned over to the transferee and any amount then due and payable to Lessee by Lessor or the then transferor under any provision of this Lease shall be paid to Lessee; and provided, further, that upon any such transfer, the transferee shall expressly assume, subject to the limitations of this paragraphparagraph 28, all of the agreements, covenants and conditions in this Lease to be performed on the part of LessorLessor from and after the date of the transfer, it being intended hereby that the covenants and obligations contained in this Lease on the part of Lessor shall, subject as aforesaid, be binding on each Lessor, its successors and assigns, only during its period of ownership.

Limitation of Lessor's Liability. The term “Lessee agrees that the partners of Lessor shall have no liability hereunder in their individual capacities, and that Lessee shall look solely to Lessor,” as used ’s interest in the Real Estate for collection of any judgment against Lessor in the event of default or breach by Lessor of any of the covenants, terms or conditions of this Lease. Also, so far as covenants or obligations on the part of Lessor are concerned, shall be limited to mean and include only the owner or owners at the time in question of the fee or any lesser estate in the Premises, and in the event of any transfer of Lessor’s interest in the title to such fee Leased Premises or lesser estate the Real Estate (except a transfer for security), the Lessor named herein named (and or the transferor, in the case of any a subsequent transfer) shall, the then transferor) shall be automatically freed and relieved from and after the date of such transfer of transfer, be released from all personal liability for the performance of any covenants or obligations covenant, agreement and condition on the part of the Lessor contained in this Lease which are thereafter to be performed; provided, however, that any funds in the hands of Lessor of the then transferor at the time of such transfer, in which Lessee has an interest, performed hereunder. The transferee shall be turned over deemed to the transferee and any amount then due and payable to Lessee by Lessor or the then transferor under any provision of this Lease shall be paid to Lessee; and provided, further, that upon any such transfer, the transferee shall expressly assume, have assumed (subject to the limitations of this paragraph, ) all of the agreementscovenants, covenants agreements and conditions in this Lease herein to be performed on observed by the part of Lessor, it being intended hereby with the result that the covenants and obligations contained in this Lease on the part agreements of Lessor shall, subject as aforesaid, be binding on each shall bind Lessor, its successors and assigns, only during its period and in respect of their respective periods of ownership.

Limitation of Lessor's Liability. The term “"Lessor,” " as used in this Lease, so far as covenants or obligations agreements on the part of the Lessor are concerned, shall be limited to mean and include only the owner or owners of the Lessor's interest in this lease at the time in question of the fee or any lesser estate in the Premisesquestion, and in the event of any transfer or transfers of the title to such fee or lesser estate interest, except a transfer by way of security, the Lessor herein named (and in the case of any subsequent transfer, the then transferor) shall be automatically freed and relieved from and after the date of such transfer of all personal liability for as respects the performance that is accrued after such date of any covenants or obligations agreements on the part of the Lessor contained in this Lease thereafter to be performed; provided, however, provided that any funds in the hands of such Lessor of or the then transferor at the time of such transfer, in which the Lessee has an interest, shall be turned over to the transferee and any amount then due and payable to the Lessee by the Lessor or the then transferor under any provision of this Lease Lease, shall be paid to the Lessee; , and provided, further, provided further that upon any such transfer, the transferee shall expressly assumebe deemed to have assumed, subject to the limitations of this paragraphSection, all of the agreementscovenants, covenants agreements and conditions in this Lease contained to be performed on the part of the Lessor, it being intended hereby that the covenants and obligations agreements contained in this Lease on the part of the Lessor shall, subject as aforesaid, be binding on each the Lessor, its successors and assigns, only during its period and in respect to their respective successive periods of ownership.