Common use of Limitation on Seller’s Liability Clause in Contracts

Limitation on Seller’s Liability. (a) No partner, member, employee, shareholder or agent of the Sellers, nor any of Sellers’ Related Entities, shall have any personal liability, directly or indirectly, under or in connection with this Agreement or any agreement made or entered into under or pursuant to the provisions of this Agreement, or any amendment or amendments to any of the foregoing made at any time or times, heretofore or hereafter, and the Buyer and its successors and assigns and, without limitation, all other persons and entities, shall look solely to the Sellers’ assets for the payment of any claim or for any performance, and the Buyer, on behalf of itself and its successors and assigns, hereby waives any and all such personal liability. (b) The provisions of this Section 13.5 shall survive all Closings hereunder or sooner termination of this Agreement.

Appears in 32 contracts

Samples: Purchase and Sale Agreement (Duke Realty Limited Partnership/), Purchase and Sale Agreement (Duke Realty Limited Partnership/), Purchase and Sale Agreement (Duke Realty Limited Partnership/)

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Limitation on Seller’s Liability. (a) No partner, member, employee, shareholder or agent of the SellersSeller, nor any affiliate of Sellers’ Related EntitiesSeller, shall have any personal liability, directly or indirectly, under or in connection with this Agreement or any agreement made or entered into under or pursuant to the provisions of this Agreement, or any amendment or amendments to any of the foregoing made at any time or times, heretofore or hereafter, and the Buyer and its successors and assigns and, without limitation, all other persons and entities, shall look solely to the Sellers’ Seller’s assets for the payment of any claim or for any performance, and the Buyer, on behalf of itself and its successors and assigns, hereby waives any and all such personal liability. (b) The provisions of this Section 13.5 13.3 shall survive all Closings hereunder or sooner termination the Closing subject only to the applicable statute of this Agreementlimitations.

Appears in 1 contract

Samples: Agreement of Purchase and Sale and Agreement to Enter Into Lease (Ducommun Inc /De/)

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Limitation on Seller’s Liability. (a) No partner, member, employee, shareholder or agent of the Sellers, nor any of Sellers’ Related Entities, shall have any personal liability, directly or indirectly, under or in connection with this Agreement or any agreement made or entered into under or pursuant to the provisions of this Agreement, or any amendment or amendments to any of the foregoing made at any time or times, heretofore or hereafter, and the Buyer and its successors and assigns and, without limitation, all other persons and entities, shall look solely to the Sellers’ assets for the payment of any claim or for any performance, and the Buyer, on behalf of itself and its successors and assigns, hereby waives any and all such personal liability. (b) The provisions of this Section 13.5 13.3 shall survive all Closings the Closing hereunder or sooner termination of this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (CNL Healthcare Properties, Inc.)

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