Limitation on Liability of Landlord. In the event Tenant is awarded a money judgment against Landlord, Tenant's sole recourse for satisfaction of such judgment shall be limited to execution against the Landlord's interest in the Leased Property. In no event shall any partner, member, officer, director, stockholder or shareholder of Landlord or any partner thereof or Affiliated Person or Subsidiary thereof, be personally liable for the obligations of Landlord hereunder.
Limitation on Liability of Landlord. If Landlord shall fail to perform any covenant, term or condition of this Lease upon Landlord's part to be performed, and if as a consequence of such default, Tenant shall recover a money judgment against Landlord, such judgment shall be satisfied only out of the proceeds of sale received upon execution of such judgment and levied thereon against the right, title and interest of Landlord in the Shopping Center and out of rents or other income from such property received by Landlord, or out of the consideration received by Landlord from the sale or other disposition of or on any part of Landlord's right, title and interest in the Shopping Center, and Landlord shall not be liable for any deficiency.
Limitation on Liability of Landlord. Notwithstanding any provision herein to the contrary, Tenant shall look solely to the equity of Landlord in and to the Building in the event of breach or default by Landlord pursuant to the provisions of this Lease or any agreement or instrument executed in connection herewith, and Tenant agrees that the liability of Landlord under this Lease or any such agreement or instrument shall not exceed the value of such equity of Landlord in and to the Building. Without limitation to the foregoing, no properties or assets of Landlord other than the Building shall be subject to levy, execution, or other enforcement procedures for the satisfaction of any judgment (or other judicial process) arising out of or in connection with this Lease. If Tenant shall acquire a lien on any other properties or assets of Landlord by judgment or otherwise, Tenant shall promptly release such lien on such other properties and assets by executing, acknowledging and delivering to Landlord an instrument to that effect prepared by Landlord’s attorneys. This Lease is executed by a representative of Landlord solely in the representative capacity of such party, and not in such party’s own individual capacity. No owner, partner, joint venturer, shareholder, representative, advisor, trustee, director, officer, beneficiary, participant, or agent of Landlord shall be personally liable in any manner or to any extent under or in connection with this Lease.
Limitation on Liability of Landlord. Provided, Landlord does not encumber the Leased Property with a Prohibited Mortgage as referenced in Section 20 hereof, in the event Tenant is awarded a money judgment against Landlord, Tenant's sole recourse for satisfaction of such judgment shall, except as otherwise provided hereinafter in this Section 14.3 and in Section 20.2, be limited to execution against the Landlord's interest in the Leased Property, including the Minimum Rent Reserve, the Security Deposit and the Reserve and any proceeds from the disposition thereof. Further, in no event shall any partner, member, officer, director, stockholder or shareholder of Landlord or any partner thereof or Affiliated Person or Subsidiary thereof, be personally liable for the obligations of Landlord hereunder. Provided, however, in the event that Landlord shall sell, transfer or dispose of the Leased Property, the Security Deposit, Minimum Rent Reserve or the Reserve, at a time when Tenant has a money judgment against Landlord (or has so notified Landlord of a claim by Tenant against Landlord hereunder which may give rise to a money judgment) and shall disburse the proceeds of such sale, transfer or disposition to any partner, member, officer, director, stockholder or shareholder of Landlord or any partner thereof or Affiliated Person or Subsidiary thereof, Landlord shall be personally liable to the extent of the proceeds so disbursed to any of such parties.
Limitation on Liability of Landlord. In the event Xxxxxx is awarded a money judgment against Landlord, Xxxxxx’s sole recourse for satisfaction of such judgment will be limited to execution against the Premises. In no event will any officer, director, employee or shareholder of Landlord be personally liable for the obligations of Landlord under this Lease.
Limitation on Liability of Landlord. (a) Landlord shall not be liable, except in the event of sole or gross negligence or willful misconduct on the part of Landlord, to Tenant or any of its agents, employees, servants, invitees, licensees or any other person entering upon the Land or the Building under or with the express or implied invitation of Tenant for any personal injury, including death, to persons or damage to property due to the condition or design or any defect in the Building or the mechanical systems and equipment which may exist or occur, or for any portion of the Premises, Building, Building Facilities or appurtenances becoming out of repair or arising from the leaking of gas, water, sewer, steam, pipes, electricity or otherwise, and Tenant, with respect to itself and its agents, employees, servants, contractors, invitees, licensees or any other person entering upon the Land or the Building under or with the express or implied invitation of Tenant hereby expressly assumes all risks of personal injury, including death, to persons or damage to property, either proximate or remote, by reason of the present or future condition of the Premises. IT IS INTENDED THAT THE LANDLORD SHALL NOT BE LIABLE FOR ITS ACTS OR OMISSIONS OF ACTUAL OR COMPARATIVE NEGLIGENCE AND THAT THIS WAIVER COMPLY WITH THE EXPRESS NEGLIGENCE STANDARDS OF THE LAWS OF THE STATE OF TEXAS.
(b) Landlord shall not be liable, except in the event of sole or gross negligence or willful misconduct on the part of Landlord, to Tenant or any of its agents, employees, servants, contractors, invitees, licensees or any other person entering upon the Land or the Building under or with the express or implied invitation of Tenant, for any personal injury, including death, to persons or damage to property that arises out of the acts or omissions of other tenants, and other tenants' agents, employees, servants, contractors, invitees, licensees, any other person entering upon the Land or the Building under or with the express or implied invitation of other tenants, or any other person on the Land or the Building for any purpose whatsoever. IT IS INTENDED THAT THE LANDLORD SHALL NOT BE LIABLE FOR ITS ACTS OR OMISSIONS OF ACTUAL OR COMPARATIVE NEGLIGENCE AND THAT THIS WAIVER COMPLY WITH THE EXPRESS NEGLIGENCE STANDARDS OF THE LAWS OF THE STATE OF TEXAS.
(c) Any liability of Landlord under the terms of this Lease or in connection with the Premises shall be limited to the interest of Landlord in the Building and the Land, and Landlord sha...
Limitation on Liability of Landlord. If Landlord shall fail to perform any covenant, term, or condition of this Lease upon Landlord's part to be performed and, as a consequence of such default, Tenant shall recover a money judgment against Landlord, such judgment shall be satisfied only out of the proceeds of sale received upon execution of such judgment and levy thereon against the right, title, and interest of Landlord in the Building as the same then may be encumbered, and neither Landlord, nor any of its partners, shall be liable for any deficiency. It is understood and agreed that in no event shall Tenant have any right to levy execution against any property of Landlord other than its interest in the Building. Such right of execution shall be subordinate and subject to any mortgage or other encumbrance upon the Building. In the event of the sale or other transfer of Landlord's right, title, and interest in the Premises or the Building, Landlord shall be released from all liability and obligations hereunder accruing after the date of such sale or other transfer.
Limitation on Liability of Landlord. In the event Tenant is awarded a money judgment against Landlord, Tenant’s sole recourse for satisfaction of such judgment shall be limited to execution against the Premises. In no event shall any officer, director, employee or shareholder of Landlord be personally liable for the obligations of Landlord hereunder. Nothing in this Article XVIII shall limit Landlord’s liability for or Tenant’s ability to recover against Landlord for, any gross negligence or willful misconduct by Landlord or Landlord’s agents against Tenant or any other person on, in or about the Premises, including the grossly negligent acts of Landlord or Landlord’s agents while inspecting the Premises pursuant to any of the terms or provisions of this Lease.
Limitation on Liability of Landlord. In the event Tenant is awarded a money judgment against Landlord, Tenant’s sole recourse for satisfaction of such judgment shall be limited to execution against the Premises. In no event shall any officer, director, employee or shareholder of Landlord be personally liable for the obligations of Landlord hereunder. Nothing in this section shall limit Landlord’s liability for or Tenant’s ability to recover against Landlord for, any tort committed by Landlord or Landlord’s agents against Tenant or any other person on, in or about the Premises, including the negligent acts of Landlord or Landlord’s agents while inspecting the Premises pursuant to any of the terms or provisions of this Lease.
Limitation on Liability of Landlord. In the event Tenant is awarded a money judgment against Landlord, Xxxxxx’s sole recourse for satisfaction of such judgment shall be limited to execution against the Demised Premises. In the event of the transfer and assignment by Landlord of its interest in this Lease to an assignee, whether by written agreement or by operation of law, Landlord/assignor shall thereby be released from any further obligations hereunder and Tenant shall look solely to the assignee for the performance of Landlord’s obligations under this Lease.
