Common use of Non-liability of Trustees of Purchaser Clause in Contracts

Non-liability of Trustees of Purchaser. The Declaration of Trust of Senior Housing Properties Trust, a copy of which is duly filed with the Department of Assessments and Taxation of the State of Maryland, provides that the name “Senior Housing Properties Trust” refers to the trustees under such Declaration of Trust collectively as trustees, but not individually or personally, and that no trustee, officer, shareholder, employee or agent of Senior Housing Properties Trust shall be held to any personal liability, jointly or severally, for any obligation or, or claim against, Senior Housing Properties Trust. All persons dealing with the Purchaser, in any way shall look only to the assets of the Purchaser for the payment of any sum or the performance of any obligation.

Appears in 19 contracts

Samples: Purchase and Sale Agreement (HRPT Properties Trust), Purchase and Sale Agreement (Senior Housing Properties Trust), Purchase and Sale Agreement (Senior Housing Properties Trust)

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Non-liability of Trustees of Purchaser. The Declaration of Trust of Senior Housing Properties TrustPurchaser, a copy of which is duly filed with the Department of Assessments and Taxation of the State of Maryland, provides that the name “Senior Housing Properties Trust” refers to the trustees under such Declaration of Trust collectively as trustees, but not individually or personally, and that no trustee, officer, shareholder, employee or agent of Senior Housing Properties Trust Purchaser shall be held to any personal liability, jointly or severally, for any obligation orof, or claim against, Senior Housing Properties TrustPurchaser. All persons dealing with the Purchaser, Purchaser in any way shall look only to the assets of the Purchaser for the payment of any sum or the performance of any obligation.

Appears in 16 contracts

Samples: Purchase and Sale Agreement (Senior Housing Properties Trust), Purchase and Sale Agreement (HRPT Properties Trust), Purchase and Sale Agreement (Senior Housing Properties Trust)

Non-liability of Trustees of Purchaser. The Declaration of Trust of Senior Housing Properties Trust, a copy of which is duly filed with the Department of Assessments and Taxation of the State of Maryland, provides that the name “Senior Housing Properties Trust” refers to the trustees under such Declaration of Trust collectively as trustees, but not individually or personally, and that no trustee, officer, shareholder, employee or agent of Senior Housing Properties Trust shall be held to any personal liability, jointly or severally, for any obligation orof, or claim against, Senior Housing Properties Trust. All persons dealing with the Purchaser, Purchaser in any way shall look only to the assets of the Purchaser for the payment of any sum or the performance of any obligation.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (HRPT Properties Trust), Purchase and Sale Agreement (HRPT Properties Trust), Purchase and Sale Agreement (Senior Housing Properties Trust)

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Non-liability of Trustees of Purchaser. The Declaration of Trust of Senior Housing Properties Trust, a copy of which is duly filed with the Department of Assessments and Taxation of the State of Maryland, provides that the name “Senior Housing Properties Trust” refers to the trustees under such Declaration of Trust collectively as trustees, but not individually or personally, and that no trustee, officer, shareholder, employee or agent of Senior Housing Properties Trust shall be held to any personal liability, jointly or severally, for any obligation or, or claim against, Senior Housing Properties Trust. All persons dealing with the Purchaser, in any way shall look only to the assets of the Purchaser for the payment of any sum or the performance of any obligation.Senior

Appears in 1 contract

Samples: Purchase and Sale Agreement (HRPT Properties Trust)

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