Limitation Of Tenant’s Recourse. Tenant's sole recourse against Landlord shall be to Landlord's interest in the Building and the Outside Areas. If Landlord is a corporation, trust, partnership, joint venture, limited liability company, unincorporated association, or other form of business entity, Tenant agrees that (i) the obligations of Landlord under this Lease shall not constitute personal obligations of the officers, directors, trustees, partners, joint venturers, members, owners, stockholders, or other principals of such business entity, and (ii) Tenant shall have recourse only to the interest of such corporation, trust, partnership, joint venture, limited liability company, unincorporated association, or other form of business entity in the Building and the Outside Areas for the
Appears in 3 contracts
Samples: Lease (Digital Microwave Corp /De/), Lease (Digital Microwave Corp /De/), Lease (Digital Microwave Corp /De/)
Limitation Of Tenant’s Recourse. Tenant's sole recourse against Landlord shall be limited to Landlord's interest in the Building and the Outside AreasProperty. If In addition, if Landlord is a corporation, trust, partnershipparntership, joint venture, limited liability company, unincorporated association, or other form of business entity, Tenant agrees that (i) the obligations of Landlord under this Lease shall not constitute personal obligations of the officers, directors, trustees, partners, joint venturers, members, owners, stockholders, or other principals of such business entity, and (ii) Tenant shall have no recourse only to the interest assets of such corporationoffices, trustdirectors, partnershiptrustees, partners, joint ventureventurers, members, owners, stockholders or principals. Additionally, if Landlord is a partnership or limited liability company, unincorporated association, or other form of business entity in the Building then Tenant covenants and the Outside Areas for theagrees:
Appears in 1 contract
Samples: Introbiotics Phamaceuticals Inc
Limitation Of Tenant’s Recourse. Tenant's sole recourse against Landlord shall be limited to Landlord's interest in the Building and the Outside AreasProperty. If In addition, if Landlord is a corporation, trust, partnership, joint venture, limited liability company, unincorporated association, or other form of business entity, Tenant agrees that (i) the obligations of Landlord under this Lease shall not constitute personal obligations of the officers, directors, trustees, partners, joint venturers, members, owners, stockholders, or other principals of such business entity, and (ii) Tenant shall have no recourse only to the interest assets of such corporationofficers, trustdirectors, partnershiptrustees, pampers, joint ventureventurers, members, owners, stockholders or principals. Additionally, if Landlord is a partnership or limited liability company, unincorporated association, or other form of business entity in the Building then Tenant covenants and the Outside Areas for theagrees:
Appears in 1 contract
Samples: Lease by And (Polycom Inc)
Limitation Of Tenant’s Recourse. Tenant's sole recourse against Landlord shall be limited to Landlord's interest in the Building and Property or insurance proceeds from the Outside Areasdamage or destruction of the Property. If In addition, if Landlord is a corporation, trust, partnership, joint venture, limited liability company, unincorporated association, or other form of business entity, Tenant agrees that (i) the obligations of Landlord under this Lease shall not constitute personal obligations of the officers, directors, trustees, partners, joint venturers, members, owners, stockholders, or other principals of such business entity, and (ii) Tenant shall have no recourse only to the interest assets of such corporationofficers, trustdirectors, partnershiptrustees, partners, joint ventureventurers, members, owners, stockholders or principals. Additionally, if Landlord is a partnership or limited liability company, unincorporated association, or other form of business entity in the Building then Tenant covenants and the Outside Areas for theagrees:
Appears in 1 contract
Samples: Lease (Webex Inc)