No Personal Liability of Landlord. There shall be no personal liability of the Landlord or any principal of the Landlord in connection with this Lease. Tenant agrees to look solely to the equity of Landlord in the Property 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 this Lease or in any way relating to the Premises or Property, and no other assets of Landlord or any principal of Landlord shall be subject to levy, execution or other procedures for the satisfaction of Tenant's remedies.
No Personal Liability of Landlord. The liability of Landlord (and its partners, shareholders or members) to Tenant (or any person or entity claiming by, through or under Tenant) for any default by Landlord under the terms of this Third Amendment or the Lease or any matter relating to or arising out of the occupancy or use of the Leased Premises shall be limited to Tenant's actual direct, but not consequential, damages therefor and shall be recoverable only from the interest of Landlord in the Leased Premises, and Landlord (and its partners, shareholders or members) shall not be personally liable for any deficiency.
No Personal Liability of Landlord. If Landlord shall fail to perform any covenant, term or condition of this Lease and, as a consequence, if Tenant shall recover a money judgment against Landlord, such judgment shall be satisfied only out of the proceeds received at a judicial sale upon execution and levy against the right, title and interest of Landlord in the Building and in the rents or other income from the Building receivable by Landlord, and neither Landlord nor Landlord's affiliated companies nor their respective owners, partners, venturers, shareholders, directors or officers shall have any personal, corporate or other liability hereunder.(120) __________________________________ 119 (except as otherwise set forth in this Lease) 120 If Tenant recovers a final, non-appealable money judgment against Landlord for Landlord's default of its obligations hereunder or otherwise, such judgment shall be satisfied from (i) the proceeds of sale received upon execution of such judgment and levy thereon against the right, title and interest of Landlord in the Project (or any portion thereof), (ii) rent or other income from the Project received and/or receivable by Landlord, (iii) a credit against future rent and other charges as they become payable under this Lease, and/or (iv) the consideration received by Landlord from the sale or other disposition of all or any part of Landlord's right, title or interest in the Project or any portion thereof; provided further, that in the event of Landlord's failure to perform any covenant or obligation of Landlord under either Paragraph 11 or Paragraph 12 of this Lease, following damage to or destruction of or a taking of all or any part of the Project, any final, non-appealable judgment recovered by Tenant as a consequence thereof may also be satisfied out of the insurance proceeds or condemnation award, as the case may be, paid and/or payable to Landlord as a result of such damage, destruction or taking. The provisions of this paragraph shall not be deemed to deny Tenant, or to lessen Tenant's right to obtain, injunctive relief or specific performance of Landlord's covenants under this Lease or to avail itself of any other right or remedy (not involving the personal liability of Landlord) which may be afforded to Tenant by law or under the terms of this Lease by reason of Landlord's failure to perform its obligations under this Lease.
No Personal Liability of Landlord. Tenant shall look solely to Xxxxxxxx's interest in the Premises for the satisfaction of any judgment or decree requiring the payment of money by Landlord based upon any default under this Lease, and no other property or assets of Landlord shall be subject to levy, execution, or other enforcement procedures or satisfaction of any such judgment or decree.
No Personal Liability of Landlord. (a) Notwithstanding anything to the contrary provided in this Lease, it is specifically understood and agreed, such agreement being a primary consideration for the execution of this Lease by Landlord, its constituent members (to include, but not be limited to, officers, directors, partners and trustees), their respective successors, assigns or any mortgagee in possession (for purposes of this paragraph, collectively referred to as "Landlord"), with respect to any of the terms, covenants and conditions of this Lease, Tenant shall look solely to the equity of Landlord in the Building for the satisfaction of each and every remedy of Tenant in the event of any breach by Landlord of any of the terms, covenants and conditions of this Lease to be performed by Landlord, such exculpation of liability to be absolute and without exceptions whatsoever.
(b) With respect to any provision of this Lease which provides that Tenant shall
No Personal Liability of Landlord. Tenant specifically agrees to look solely to Landlord's interest in the Mall Building for the recovery of any judgment against Landlord and that in no event shall Landlord, or any partner of Landlord, ever be personally liable for any such judgment.
No Personal Liability of Landlord. If Landlord shall fail to perform any covenant, term or condition of this Lease and, as a consequence, if Tenant shall recover a money judgment against Landlord, such judgment shall be satisfied only out of the proceeds received at a judicial sale upon execution and levy against the right, title and interest of Landlord in the Building and in the rents or other income from the Building receivable by Landlord, and neither Landlord nor Landlord's owners, partners, shareholders or venturers shall have any personal, corporate or other liability hereunder.
No Personal Liability of Landlord. Tenant shall look solely to the estate and property of Landlord in the Property for the satisfaction of any remedy by Tenant for the collection of any judgment or money from Landlord in the event of any default or breach by Landlord in any of the terms, covenants and conditions of this lease, to be observed and/or performed by Landlord, and no other property or assets of Landlord shall be subject to levy, execution or other enforcement procedures for the satisfaction of Tenant's remedies. Landlord shall not have, and no employee, officer, director, agent of shareholder of Landlord shall have, any personal liability whatsoever under this lease or arising out of the landlord-tenant relationship of the parties, and such 77 exculpation of personal liability is a material and special inducement for Landlord to enter into this lease and such relationship.
No Personal Liability of Landlord. If Landlord shall fail to perform any covenant, term or condition of this Lease and, as a consequence, if Tenant shall recover a money judgment against Landlord, such judgment shall be satisfied only out of the proceeds received at a judicial sale upon execution and levy against the right, title and interest of Landlord in the Building and in the rents or other income from the Building receivable by Landlord, and neither Landlord nor Landlord’s affiliate companies nor their respective owners, partners, venturers, shareholders, directors or officers shall have any personal, corporate or other liability hereunder. Tenant covenants and agrees not to bring suit against: (i) the owners, partners, venturers, shareholders, directors or officers of Landlord and/or affiliate of Landlord; or (ii) any affiliate of Landlord.
No Personal Liability of Landlord. Notwithstanding anything to the contrary contained in this lease, it is specifically understood and agreed that there shall be absolutely no personal liability on the part of Landlord or any successor in interest of Landlord, or any partner, stockholder, officer, director or trustee of Landlord or any successor in interest of Landlord, with respect to any of the terms, covenants and conditions of this Lease, and that Tenant shall look solely to the estate and interest of Landlord (or such successor in interest of Landlord) in the Shopping Center for the satisfaction of each and every remedy of Tenant in the event of any breach by Landlord or by such successor in interest of any of the terms, covenants and conditions of this lease to be performed by Landlord, such exculpation of personal liability to be absolute and without any exception whatsoever.
