Negation of Personal Liability Sample Clauses

Negation of Personal Liability. Notwithstanding anything to the contrary contained in this Lease, Tenant agrees that Landlord, Managing Agent and each of their respective officers employees and agents shall have no personal liability with respect to any of the provisions of this Lease and any amendments or supplements thereto, and Tenant shall look solely to the estate and property of Landlord in the land and buildings comprising the Project for the satisfaction of Tenant’s remedies including without limitation 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 any ground lessor or holder of any mortgage covering all or part of the Project, and no other assets of Landlord or any principal of Landlord shall be subject to levy, execution or other judicial process for the satisfaction of Tenant’s claim and in the event Tenant obtains a judgment against Landlord, the judgment docket shall be so noted. Without limitation of the foregoing, upon each sale or other conveyance of any portion of the Project which includes, without limitation, the Demised Premises to any party, the grantor thereof shall have no liability whatsoever hereunder. This Section 29.01 shall inure to the benefit of Landlord’s successors and assigns and their respective principals.
AutoNDA by SimpleDocs
Negation of Personal Liability. Nothwithstanding anything to the contrary herein contained, Tenant agrees that Landlord shall have no personal liability with respect to any of the provisions of this lease and Tenant shall look solely to the estate and property of Landlord in this building and the land for the satisfaction of Tenant's remedies or claims including without limitation the collection of any judgment 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.
Negation of Personal Liability. 27 Section 25.09 Partial Invalidity; Separate Covenants.................. 28 Section 25.10 Recording............................................... 28 Section 25.11 Controlling Law......................................... 28 Section 25.12 Time of the Essence .................................... 28 Section 25.13 PIDC Assistance .................................... 28 Section 25.14 Acknowledgment ..................................... 29 EXHIBITS -------- SCHEDULE 5.02 Exceptions to Operating Costs EXHIBIT A Legal Description EXHIBIT B Floor Plan of Premises EXHIBIT C Rules and Regulations EXHIBIT D Landlord's Work EXHIBIT E Parking Regulations EXHIBIT F Trash Removal Specifications EXHIBIT G Amortization Table for LC SCHEDULE I Letter of Credit Calculation LEASE SUMMARY THIS LEASE SUMMARY is made on the 1 day of December, 1997, by and between: AVAX TECHNOLOGIES, INC., a Delaware corporation, with an address at 0000 Xxxx Xxxxxx, Xxxxx 000, Xxxxxx Xxxx, XX 00000 (hereinafter called "Tenant").
Negation of Personal Liability. Notwithstanding anything contained herein to the contrary, Tenant agrees that Landlord shall have no personal liability with respect to this Lease and Tenant shall look solely to the estate and property of Landlord in the Building for the satisfaction of Tenant's remedies. No other assets of Landlord or any principal of Landlord shall be subject to levy, execution or other judicial process for the satisfaction of Tenant's claim and, in the event Tenant obtains a judgment against Landlord, the judgment docket shall be so noted. In the event of any sale of the Premises or the Building, Landlord shall be and hereby is entirely freed and relieved of all obligations of Landlord hereunder. This section shall inure to the benefit of Landlord and Landlord's successors and assigns and their respective principals.
Negation of Personal Liability. Notwithstanding anything contained herein to the contrary, Tenant agrees that Landlord shall have no personal liability with respect to any of the provisions of this Lease and Tenant shall look solely to the estate and property of Landlord in the land and buildings comprising the Shopping Center of which the Demised Premises forms a part for the satisfaction of Tenant's remedies, including without limitation, the collection of any judgment or the enforcement of any other judicial process requiring the payment or expenditure 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 any holder of any mortgage covering all or part of the Shopping Center, and no other assets of Landlord or any principal of Landlord shall be subject to levy, execution or other judicial process for the satisfaction of Tenant's claim and in the event Tenant obtains a judgment against Landlord, the judgment docket shall be so noted. This Section shall inure to the benefit of Landlord's successors and assigns and their respective principals.
Negation of Personal Liability. Notwithstanding anything contained herein to the contrary, Lessee and Lessor agree that neither party shall have personal liability with respect to any of the provisions of this Lease and Lessee and Lessor, respectfully, shall look solely to the estate and property of Lessor in the land and buildings comprising the Building of which the demised premises are a part for the satisfaction of Lessee's remedies, or the estate or property of Lessee as to Lessor's remedies, including without limitation the collection of any judgment or the enforcement of any other judicial process requiring the payment or expenditure of money by Lessor or Lessee in the event of any default or breach by Lessor or lessee with respect to any of the terms and provisions of this Lease to be observed and/or performed by Lessor or lessee, subject, however, to the prior rights of any holder of any Mortgage covering all or any part of the Building of which the demised premises are a part, and no other assets of lessor or Lessee or any principal of lessor or Lessee shall be subject to levy, execution or other judicial process for the satisfaction of claims and in the event either obtains a judgment against the other, the judgment docket shall be so noted. This Section shall insure to the benefit of Lessor's and Lessee's successors and assigns and their respective principals.
Negation of Personal Liability. 23 21.14 Liability of Landlord's Management Agent ............................................ 22 21.15 Governmental Limitation on Rents and Other Charges .................................. 23 21.16
AutoNDA by SimpleDocs
Negation of Personal Liability. Notwithstanding anything contained herein to the contrary, Tenant agrees that Landlord shall have no personal liability with respect to this Lease and Tenant shall look solely to the estate and property of Landlord in the Land and the Building for the satisfaction of Tenant's remedies. No other assets of Landlord or any principal of Landlord shall be subject to levy, execution or other judicial process for the satisfaction of Tenant's claim and, in the event Tenant obtains a judgment against Landlord, the judgment docket shall be so noted. This Section shall inure to the benefit of Landlord and Landlord's successors and assigns and their respective principals.
Negation of Personal Liability. Notwithstanding anything contained in this Lease to the contrary, Tenant agrees that Landlord shall have no personal liability with respect to any of the provisions of this Lease and Tenant shall look solely to the estate and property of Landlord in the Leased Premises for the satisfactions of Tenant's remedies, including without limitation, the collection of any judgment or the enforcement of any other judicial process requiring the payment or expenditure 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 any holder of any mortgage covering all or part of the Demised Premises, and no other assets of Landlord or any principal of Landlord shall be subject to levy, execution or other judicial process for the satisfaction of Tenant's. [Illegible] Tenant obtains a judgment against Landlord, the judgment docket shall be so noted. This Section shall inure to the benefits of Landlord's successors and assigns and their respective principals.
Negation of Personal Liability. Notwithstanding anything to the contrary herein contained, Tenant agrees that Landlord's shareholders and officers shall have absolutely no personal liability with respect to any of the provisions of this Lease, or any obligation or liability arising therefrom or in connection therewith.
Time is Money Join Law Insider Premium to draft better contracts faster.