Common use of No Personal Liability of Landlord Clause in Contracts

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.

Appears in 3 contracts

Samples: Sublease Agreement (Glasgal Communications Inc), Agreement of Lease (Saratoga Beverage Group Inc), Agreement of Lease (Fresh Juice Co Inc)

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No Personal Liability of Landlord. There here 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 levylev y, execution or other procedures for the satisfaction of Tenant's Xxxxxx’s remedies.

Appears in 1 contract

Samples: Lease Agreement (Verde Clean Fuels, Inc.)

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