Limited Recourse Liability. Ground Lessee shall not be liable for any judgment with respect to any Obligation except for damages resulting from any inaccuracies in any of the representations by Ground Lessee under Section 11.01, and Ground Lessee joins in this Instrument for purposes of agreeing to the terms hereof and binding its interest in the Property.
Appears in 4 contracts
Samples: Agreement of Spreader, Consolidation, and Modification of Mortgage and Security, Mortgage Agreement (60 East 42nd Street Associates L.L.C.), Agreement of Spreader, Consolidation and Modification of Mortgage and Security Agreement (250 West 57th St Associates L.L.C.)
