Limited Liability of Landlord. Tenant understands and agrees that none of the Landlord’s covenants, undertakings or agreements are made or intended as personal covenants, and that any liability for damage, breach or non-performance by Landlord will be collected only out of Landlord’s interest in the Building. No personal liability is assumed by the Landlord, nor may any such personal liability be at any time asserted against the Landlord. If Landlord shall for any reason terminate its ownership of the Building, Tenant understands and agrees that any claim which Tenant may have against Landlord as of such date will be deemed to have been waived or terminated, it being understood that Tenant’s recourse in the event of any such claim shall be any successor’s respective ownership of the Building.
Limited Liability of Landlord. The liability of Landlord with respect to this Lease shall be limited to and enforceable only out of Landlord's assets. No partners of Landlord shall have any liability hereunder.
Limited Liability of Landlord. Tenant agrees the obligations of Landlord under and with respect to this Lease do not constitute personal obligations of Landlord, or any of its principals, and shall not create or involve any claim against, or personal liability on the part of any of them, and Tenant shall look solely to Landlord’s interest in the Leased Premises for satisfaction of any liability of Landlord in respect to this Lease.
Limited Liability of Landlord. Anything contained in this Lease to the contrary notwithstanding, Tenant agrees that Tenant shall look solely to the estate of Landlord in the Building Complex for the collection of any judgment (or other judicial process) requiring the payment of money by Landlord in the event of any default or breach by Landlord with respect to any of the terms and provisions of this Lease to be observed or performed by Landlord, subject, however, to the rights of the holder of any mortgage covering the Building Complex, and no other assets of Landlord, its partners, agents, employees, officers, or the employees or officers of any of its partners shall be subject to levy, execution or other judicial process for the satisfaction of Tenant's claim and Landlord shall not be liable for any such default or breach except to the extent of Landlord's estate in the Building Complex.
Limited Liability of Landlord. The liability of Landlord and each of its successors for any default by Landlord (or its successors) under the terms of this Lease shall be limited to such claims and causes of action which accrue during Landlord's and each of its successor's respective ownership of the Building, and then shall be limited only to the interest of Landlord from time to time in the Building, or if the Building has been sold after such liability accrued but before it is fully satisfied, then the sale proceeds from the Building, and Tenant agrees to look solely to Landlord's interest in the Building or the sale proceeds therefrom for recovery of any judgment against the Landlord, it being intended that neither Landlord nor its survivors shall have any personal liability for any judgment or deficiency hereunder. Any claim which Tenant may have against Landlord hereunder as of the date Landlord terminates its ownership of the Building, shall be deemed to have been waived or terminated by Tenant unless Landlord is given notice of such claim within six (6) months after the date Landlord gives notice to Tenant that Landlord has terminated its ownership of the Building, provided further however, that Tenant shall be deemed to have waived or terminated any claim it may have against Landlord unless Tenant files suit in a court of competent jurisdiction and timely obtains service of process upon Landlord all within twelve (12) months after the date Landlord gives notice to Tenant that Landlord has terminated its ownership of the Building.
Limited Liability of Landlord. Notwithstanding any ----------------------------- provisions hereof, none of the obligations of Landlord under or contemplated by this Lease shall be an obligation of any officer, director, shareholder, limited partner, general partner, or owner of Landlord, or any of their respective officers, directors, shareholders, limited partners, general partners, or owners, or successors or assigns. Landlord shall be the only person or entity liable with respect to such obligations. Tenant hereby irrevocably waives any right it may have against any such officer, director, shareholder, general partner or limited partner, owner, successor or assign identified above as a result of the performance of the provisions under or contemplated by this Lease. This provision shall survive any termination of this Lease. EXECUTED as of the date first written above. TENANT: LANDLORD: RED LION HOTELS, INC., RLH PARTNERSHIP, L.P., a Delaware corporation a Delaware limited partnership By: /s/ Xxxxxx Xxxxxxx By: /s/ Xxxxx X. Xxxxxxx ------------------- --------------------- Its: Vice President & Treasurer Its: Executive Vice President --------------------------- ------------------------- ATTEST: By: ---------------------------- [Assistant] Secretary STATE OF _______________ ) ) ss. COUNTY OF _______________ ) On this ____ day of ______________, 1995, before me personally appeared _________________________, to me personally known to be the ______________________ of RED LION HOTELS, INC., the Delaware corporation that executed the within and foregoing instrument, and acknowledged said instrument to be the free and voluntary act and deed of said corporation, for the uses and purposes therein mentioned, and on oath stated that (s)he was authorized to execute said instrument and that the seal affixed, if any, is the corporate seal of said corporation.
Limited Liability of Landlord. Tenant agrees that the liability of Landlord under this Lease and all matters pertaining to or arising out of the tenancy and the use and occupancy of the Leased Premises shall be limited to Landlord’s interest in the Property, and in no event shall tenant make any claim against or seek to impose an personal liability upon any individual, general or limited partner of any partnership, or principal of any firm or corporation or member of any company that may now be or hereafter become the landlord, except upon such individual’s negligence or intentional misconduct.
Limited Liability of Landlord. It is specifically understood and agreed that there shall be no personal liability of Landlord in respect to any of the covenants, conditions or provisions of this Lease; in the event of a breach or default by Landlord of any of its obligations under this Lease, Tenant shall look solely to the equity of the Landlord in the Shopping Center for the satisfaction of Tenant’s remedies. Tenant acknowledges and agrees that no personal judgment shall lie against Landlord upon extinguishment of its rights in the Shopping Center and any judgment so rendered shall not give to any right of execution or levy against any of Landlord’s other assets. The provisions hereof shall inure to the benefit of Landlord’s successors and assigns including any mortgagee.
Limited Liability of Landlord. Anything contained in this Lease to the contrary notwithstanding, Tenant agrees that Tenant and all those claiming by, through or under Tenant shall look solely to the estate, interest and equity of Landlord in the land and building comprising the Leased Premises for the collection of any judgment (or other judicial process) requiring the payment of money by Landlord in the event of any default or breach by Landlord with respect to any of the terms and provisions of this lease to be observed and/or performed by Landlord, subject, however, to the prior rights of the holders of any mortgage covering the Leased Premises, and no other assets of Landlord (or of any partners, venturers’, shareholders, officers or directors of Landlord) shall be subject to levy, execution or other judicial process for the satisfaction of Tenant's claim.
Limited Liability of Landlord. Landlord shall not be liable for ----------------------------- any damage to the Demised Premises, or to any property of the Tenant or of any other person thereon, from water, rain, snow, ice, sewage, toxic substances or waste, steam, gas or electricity which may leak into or issue or flow from any part of the Demised Premises, or from the bursting, breaking, obstruction, leaking or any defect of any of the pipes or plumbing, appliances, or from electric wiring or other fixtures in or on the Demised Premises or any part thereof, or from the street or subsurface, except such damage or injury as may be caused by the negligent act or omission on the part of the Landlord, its agents, servants or employees.
