Common use of LIMITATIONS ON LANDLORD’S LIABILITY Clause in Contracts

LIMITATIONS ON LANDLORD’S LIABILITY. Notwithstanding any provision of this Lease to the contrary, Tenant agrees that it shall look only to the Premises (which includes all of Landlord’s equity or interest therein, including proceeds of sale, insurance and condemnation) in seeking to enforce any obligations or liabilities whatsoever of Landlord under this Lease or to satisfy a judgment (or any other charge, directive or order) of any kind against Landlord; and Tenant shall not look to the property or assets of any of the any officers, directors, shareholders (or principal or partner of any non-corporate Landlord), employees, agents, or legal representatives of Landlord in seeking to enforce any obligations or liabilities whatsoever of Landlord under this Lease or to satisfy a judgment (or any other charge, directive or order) of any kind against Landlord, and in no event shall any deficiency judgment be sought or obtained against Landlord. No person who is an officer, director, shareholder (or principal or partner of any non-corporate Landlord), employee, agent, or legal representative of Landlord shall be personally liable for any obligations or liabilities of Landlord under this Lease.

Appears in 2 contracts

Samples: Lease Agreement (Gaia, Inc.), Lease Agreement (Greenhold Group Inc)

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LIMITATIONS ON LANDLORD’S LIABILITY. Notwithstanding If Tenant makes any provision monetary claim against Landlord (including any equitable claim that directly or indirectly seeks payment of money) under this Lease Agreement, no member, partner (general or limited), shareholder, director, officer, employee, agent or lender of Landlord or of any Affiliate of Landlord (other than any party named as Landlord or comprising Landlord herein) shall have any personal liability with respect to the contrary, Tenant agrees that it shall look only to the Premises (which includes all of Landlord’s equity liabilities or interest therein, including proceeds of sale, insurance and condemnation) in seeking to enforce any obligations or liabilities whatsoever of Landlord under this Lease or to satisfy a judgment (or any other charge, directive or order) of any kind against Landlord; Agreement and Tenant shall not look to the property or assets of any of the any officers, directors, shareholders (or principal or partner of any non-corporate Landlord), employees, agents, or legal representatives of Landlord in seeking to enforce any obligations or liabilities whatsoever of Landlord under this Lease or to satisfy a judgment (or any other charge, directive or order) of any kind against Landlord, acknowledges and agrees that in no event shall it seek to have any personal recourse against any such Persons. The liability of Landlord for Claims hereunder shall be joint and several, and solely limited to Landlord’s interest in any and all of the Communities collectively. In no event shall Tenant be entitled to obtain a deficiency judgment be sought against any member, partner (general or obtained against Landlord. No person who is an officerlimited), shareholder, director, shareholder (or principal or partner of any non-corporate Landlord)officer, employee, agent, agent or legal representative lender of Landlord shall be personally liable for or of any obligations or liabilities Affiliate of Landlord under (other than any party named as Landlord or comprising Landlord herein), except for Portions of this Leaseexhibit that have been marked by [***] have been omitted pursuant to a request for confidential treatment filed separately with the Securities and Exchange Commission. any Claims Tenant may have directly against any such Person as a result of such Person’s criminal conduct.

Appears in 2 contracts

Samples: Master Lease and Security Agreement (Brookdale Senior Living Inc.), Master Lease and Security Agreement (Hcp, Inc.)

LIMITATIONS ON LANDLORD’S LIABILITY. Notwithstanding any provision of this Lease to the contrary, Tenant agrees that it shall look only to the Premises (which includes all of Landlord’s 's equity or interest therein, including proceeds of sale, insurance and condemnation) in seeking to enforce any obligations or liabilities whatsoever of Landlord under this Lease or to satisfy a judgment (or any other charge, directive or order) of any kind against Landlord; and Tenant shall not look to the property or assets of any of the any officers, directors, shareholders (or principal principal, partner, member or partner manager of any non-corporate Landlord), employees, agents, or legal representatives of Landlord in seeking to enforce any obligations or liabilities whatsoever of Landlord under this Lease or to satisfy a judgment (or any other charge, directive or order) of any kind against Landlord, and in no event shall any deficiency judgment be sought or obtained against Landlord. No person who is an officer, director, shareholder (or principal principal, partner, member or partner manager of any non-corporate Landlord), employee, agent, or legal representative of Landlord shall be personally liable for any obligations or liabilities of Landlord under this Lease.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ift Corp)

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LIMITATIONS ON LANDLORD’S LIABILITY. Notwithstanding any provision of this Lease to the contrary, Tenant agrees that it shall look only to the Premises (which includes all of Landlord’s equity or interest therein, including proceeds of sale, insurance and condemnation) in seeking to enforce any obligations or liabilities whatsoever of Landlord under this Lease or to satisfy a judgment (or any other charge, directive or order) of any kind against Landlord; and Tenant shall not look to the property or assets of any of the any officers, directors, shareholders (or principal principal, partner, member or partner manager of any non-corporate Landlord), employees, agents, or legal representatives of Landlord in seeking to enforce any obligations or liabilities whatsoever of Landlord under this Lease or to satisfy a judgment (or any other charge, directive or order) of any kind against Landlord, and in no event shall any deficiency judgment be sought or obtained against Landlord. No person who is an officer, director, shareholder (or principal principal, partner, member or partner manager of any non-corporate Landlord), employee, agent, or legal representative of Landlord shall be personally liable for any obligations or liabilities of Landlord under this Lease.

Appears in 1 contract

Samples: Master Lease Agreement (Gaia, Inc)

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