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

Non-liability of Trustees of Seller. The Declaration of Trust establishing the Seller, dated September 12, 1996, as amended and supplemented, as filed with the State Department of Assessments and Taxation of Maryland, provides that no trustee, officer, shareholder, employee or agent of the Seller shall be held to any personal liability, jointly or severally, for any obligation of, or claim against, the Seller. All persons dealing with the Seller in any way shall look only to the assets of the Seller for the payment of any sum or the performance of any obligation.]

Appears in 13 contracts

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

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Non-liability of Trustees of Seller. The Declaration of Trust establishing the Seller, dated September 12, 1996, as amended and supplemented, as filed with the State Department of Assessments and Taxation of Maryland, provides that no trustee, officer, shareholder, employee or agent of the Seller shall be held to any personal liability, jointly or severally, for any obligation of, or claim against, the Seller. All persons dealing with the Seller in any way shall look only to the assets of the Seller for the payment of any sum or the performance of any obligation.]

Appears in 10 contracts

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

Non-liability of Trustees of Seller. The Declaration of Trust establishing of the Seller, dated September 12March 14, 19961997, as amended and supplemented, as filed with the State Department of Assessments and Taxation of Maryland, provides that no trustee, officer, shareholder, employee or agent of the Seller shall be held to any personal liability, jointly or severally, for any obligation of, or claim against, the Seller. All persons dealing with the Seller Seller, in any way shall look only to the assets of the Seller for the payment of any sum or the performance of any obligation.]

Appears in 4 contracts

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

Non-liability of Trustees of Seller. The Declaration of Trust establishing of the Seller, dated September 12, 1996, as amended and supplemented, as filed with the State Department of Assessments and Taxation of Maryland, provides that no trustee, officer, shareholder, employee or agent of the Seller shall be held to any personal liability, jointly or severally, for any obligation of, or claim against, the Seller. All persons dealing with the Seller in any way shall look only to the assets of the Seller for the payment of any sum or the performance of any obligation.]

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Government Properties Income Trust), Purchase and Sale Agreement (Government Properties Income Trust)

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Non-liability of Trustees of Seller. The Declaration of Trust establishing the Seller, dated September 12December 14, 19962000, as amended and supplemented, as filed with the State Department of Assessments and Taxation of Maryland, provides that no trustee, officer, shareholder, employee or agent of the Seller shall be held to any personal liability, jointly or severally, for any obligation of, or claim against, the Seller. All persons dealing with the Seller in any way shall look only to the assets of the Seller for the payment of any sum or the performance of any obligation.]

Appears in 1 contract

Samples: Purchase and Sale Agreement (CommonWealth REIT)

Non-liability of Trustees of Seller. The Declaration of Trust establishing the Seller, dated September 12December 18, 19962003, as amended and supplemented, as filed with the State Department of Assessments and Taxation of Maryland, provides that no trustee, officer, shareholder, employee or agent of the Seller shall be held to any personal liability, jointly or severally, for any obligation of, or claim against, the Seller. All persons dealing with the Seller in any way shall look only to the assets of the Seller for the payment of any sum or the performance of any obligation.]

Appears in 1 contract

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

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