Common use of No Subrogation; No Recourse Against Landlord Clause in Contracts

No Subrogation; No Recourse Against Landlord. Notwithstanding the satisfaction by Guarantor of any liability hereunder, Guarantor’s rights of subrogation, contribution, reimbursement or indemnity, if any, or any right of recourse to or with respect to the assets or property of Tenant, shall be subject and subordinate to the rights of Landlord. Guarantor expressly agrees not to exercise any and all rights of subrogation against Landlord.

Appears in 5 contracts

Samples: Office Lease, Lease Guaranty, Office Lease (2U, Inc.)

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No Subrogation; No Recourse Against Landlord. Notwithstanding the satisfaction by Guarantor of any liability hereunder, Guarantor’s 's rights of subrogation, contribution, reimbursement or indemnity, if any, or any right of recourse to or with respect to the assets or property of Tenant, shall be subject and subordinate to the rights of Landlord. Guarantor expressly agrees not to exercise any and all rights of subrogation against Landlord.

Appears in 4 contracts

Samples: Agreement for Contribution of Interests (Capital Automotive Reit), Guaranty and Subordination Agreement (Capital Automotive Reit), Guaranty and Subordination Agreement (Capital Automotive Reit)

No Subrogation; No Recourse Against Landlord. Notwithstanding -------------------------------------------- the satisfaction by Guarantor of any liability hereunder, Guarantor’s 's rights of subrogation, contribution, reimbursement or indemnity, if any, or any right of recourse to or with respect to the assets or property of Tenant, shall be subject and subordinate to the rights of Landlord. Guarantor expressly agrees not to exercise any and all rights of subrogation against Landlord.

Appears in 3 contracts

Samples: Lease Guaranty (Capital Automotive Reit), Guaranty and Subordination Agreement (Capital Automotive Reit), Lease Guaranty (Capital Automotive Reit)

No Subrogation; No Recourse Against Landlord. Notwithstanding the -------------------------------------------- satisfaction by Guarantor of any liability hereunder, Guarantor’s 's rights of subrogation, contribution, reimbursement or indemnity, if any, or any right of recourse to or with respect to the assets or property of Tenant, shall be subject and subordinate to the rights of Landlord. Guarantor expressly agrees not to exercise any and all rights of subrogation against Landlord.

Appears in 2 contracts

Samples: Lease Agreement (Capital Automotive Reit), Guaranty and Subordination Agreement (Capital Automotive Reit)

No Subrogation; No Recourse Against Landlord. Notwithstanding the -------------------------------------------- satisfaction by Guarantor of any liability hereunder, Guarantor’s 's rights of subrogation, contribution, reimbursement or indemnity, if any, or any right of recourse to or with respect to the assets or property of Tenant, shall be subject and subordinate to the rights of Landlord. Guarantor expressly agrees not to exercise any and all rights of subrogation against Landlord.

Appears in 1 contract

Samples: Guaranty Agreement (Capital Automotive Reit)

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No Subrogation; No Recourse Against Landlord. Notwithstanding the satisfaction by Guarantor of any liability hereunder, Guarantor’s rights of subrogation, contribution, reimbursement or indemnity, if any, or any right of recourse to or with respect to the assets or property of Tenant, shall be subject and subordinate to the rights of LandlordLandlord under the Lease. Guarantor expressly agrees not to exercise any and all rights of subrogation against Landlord.

Appears in 1 contract

Samples: Lease Agreement (Andina II Holdco Corp.)

No Subrogation; No Recourse Against Landlord. Notwithstanding the -------------------------------------------- satisfaction by Guarantor Guarantors of any liability hereunder, Guarantor’s Guarantors' rights of subrogation, contribution, reimbursement or indemnity, if any, or any right of recourse to or with respect to the assets or property of TenantTenants, shall be subject and subordinate to the rights of Landlord. Guarantor Guarantors expressly agrees not to exercise waive any and all rights of subrogation against LandlordTenants.

Appears in 1 contract

Samples: Real Property Purchase and Contribution Agreement (Capital Automotive Reit)

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