Common use of No Exculpation Clause in Contracts

No Exculpation. This Agreement shall not be subject to any exculpation, non-recourse or other limitation of liability provisions in the Loan Documents, and Indemnitor acknowledges that Indemnitor's obligations under this Agreement are joint, several and unconditional, and are not limited by any such exculpation, non-recourse or similar limitation of liability provisions, if any, in the Loan Documents.

Appears in 4 contracts

Samples: Environmental Indemnity Agreement (Owens Realty Mortgage, Inc.), Environmental Indemnity Agreement (Owens Realty Mortgage, Inc.), Environmental Indemnity Agreement (Inland Real Estate Income Trust, Inc.)

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No Exculpation. This Agreement shall not be subject to any exculpation, non-recourse or other limitation of liability provisions in the Loan Documents, and Indemnitor acknowledges that Indemnitor's ’s obligations under this Agreement are jointjoint and several with any other party obligated hereunder or under applicable Environmental Laws, several and unconditional, and are not limited by any such exculpation, non-recourse or similar limitation provisions limiting the liability of liability provisionsIndemnitor, if any, in the other Loan Documents.

Appears in 1 contract

Samples: Environmental Indemnity Agreement

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