Common use of NONLIABILITY OF LANDLORD Clause in Contracts

NONLIABILITY OF LANDLORD. If Landlord or a successor in interest is an individual (which term as used herein includes aggregates of individuals, such as joint ventures, general or limited partnerships or associations), such individual shall be under no personal liability with respect to any of the provisions of this lease, and if such individual hereto is in breach or default with respect to its obligations under this lease, Tenant shall look solely to the equity of such individual in the land and Building of which the Demised Premises form a part for the satisfaction of Tenant's remedies and in no event shall Tenant attempt to secure any personal judgment against any such individual or any partner, employee or agent of Landlord by reason of such default by Landlord.

Appears in 4 contracts

Samples: Lease Agreement (Falconstor Software Inc), Lease Agreement (Asi Solutions Inc), Lease Agreement (Cross Z International Inc)

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NONLIABILITY OF LANDLORD. If Landlord or a successor in interest is an individual (which term as used herein includes aggregates of individualsindividual, such as joint ventures, general or limited partnerships or associations), ) such individual shall be under no personal liability with respect to any of the provisions of this leaseLease, and if such individual hereto is in breach or default with respect to its obligations under this lease, Tenant shall look solely to the equity of such individual in the land and Building building of which the Demised Premises form a part for the satisfaction of Tenant's remedies and in no event shall Tenant attempt to secure any personal judgment against any such individual or any partner, employee or agent of Landlord by reason of such default by Landlord.

Appears in 1 contract

Samples: Lease Agreement (Arbor National Holdings Inc)

NONLIABILITY OF LANDLORD. A) If Landlord or a successor in interest is an individual (which term as used herein includes aggregates of individuals, such as joint ventures, general or limited partnerships or associations), ) such individual shall be under no personal liability with respect to any of the provisions of this leaseLease, and if such individual hereto Landlord is in breach or default with respect to its obligations under this leaseLease, Tenant shall look solely to the equity of such individual in the land and Building of which the Demised Premises form a part for the satisfaction of Tenant's remedies and in no event shall Tenant attempt to secure any personal judgment judgement against any such individual or any partner, employee or agent of Landlord by reason of such default by Landlord.

Appears in 1 contract

Samples: Lease Agreement (Community Home Mortgage Corp)

NONLIABILITY OF LANDLORD. If Landlord or a successor in interest is an individual (which term as used herein includes aggregates of individuals, such as joint ventures, general or limited partnerships or associations), such individual shall be under no personal liability with respect to any of the provisions of this lease, and if such individual hereto is in breach or default with respect to its obligations under this lease, Tenant shall look solely to the equity of such individual in the land and Building of which the Demised Premises form a part for the satisfaction of Tenant's remedies and in no event shall Tenant attempt to secure any personal judgment against any such individual or any partner, employee or agent of Landlord by reason of such default by Landlord.secure

Appears in 1 contract

Samples: Lease Agreement (Twinlab Corp)

NONLIABILITY OF LANDLORD. If Landlord or a successor in interest is an individual (which term as used herein includes aggregates of individuals, such as joint ventures, general or limited partnerships or associations), such individual shall be under no personal liability with respect to any of the provisions of this lease, and if such individual hereto is in breach or default with respect to its obligations under this lease, Tenant shall look solely to the equity of such individual in the land Real Property (including the rents, sale and Building of which the Demised Premises form a part insurance proceeds and condemnation awards therefrom) for the satisfaction of Tenant's ’s remedies and in no event shall Tenant attempt to secure any personal judgment against any such individual or any partner, employee or agent of Landlord by reason of such default by Landlord.

Appears in 1 contract

Samples: Sublease Agreement (Ophthotech Corp.)

NONLIABILITY OF LANDLORD. If Landlord or a successor in interest is an individual (which term as used herein includes aggregates of individuals, such as joint ventures, general or limited partnerships or associations), ) such individual shall be under no personal liability with respect to any of the provisions of this leaseLease, and if such individual hereto is in breach or in default with respect to its obligations under this leaseLease, Tenant shall look solely to the equity of such individual in the land and Building of which the Demised Premises form a part for the satisfaction of Tenant's remedies and in no event shall Tenant attempt to secure any personal judgment judgement against any such individual or any partner, employee or agent of Landlord by reason of such default by Landlord.Landlord RIGHT OF FIRST REFUSAL

Appears in 1 contract

Samples: Lease Agreement (Star Telecommunications Inc)

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NONLIABILITY OF LANDLORD. (A) If Landlord or a successor in interest is an individual (which term as used herein includes aggregates of individuals, such as joint ventures, general or limited partnerships or associations), such individual shall be under no personal liability with respect to any of the provisions of this lease, and if such individual hereto is in breach or default with respect to its obligations under this lease, Tenant shall look solely to the equity of such individual in the land and Building of which the Demised Premises form a part for the satisfaction of Tenant's remedies and in no event shall Tenant attempt to secure any personal judgment against any such individual or any partner, employee or agent of Landlord by reason of such default by Landlord.

Appears in 1 contract

Samples: Lease Agreement (Cityscape Financial Corp)

NONLIABILITY OF LANDLORD. If Landlord or a successor in interest is an individual (which term as used herein includes aggregates of individuals, such as joint ventures, general or limited partnerships or associations), ) such individual shall be under no personal liability with respect to any of the provisions of this leaseLease, and if such individual hereto is in breach or default with respect to its obligations under this lease, Tenant shall look solely to the equity of such individual in the land and Building of which the Demised Premises form a part for the satisfaction of Tenant's remedies and in no event shall Tenant attempt to secure any personal judgment against any such individual or any partner, employee or agent of Landlord by reason of such default by Landlord.

Appears in 1 contract

Samples: Lease Agreement (Med E America Corp)

NONLIABILITY OF LANDLORD. If Landlord or a successor in interest is an individual (which term as used herein includes aggregates of individuals, such as joint ventures, general or limited partnerships or associations), such individual shall be under no personal liability with respect to any of the provisions of this lease, and if such individual hereto is in breach or default with respect to its obligations under this lease, Tenant shall look solely to the equity of such individual in the land and Building of which the Demised Premises form a part for the satisfaction of Tenant's remedies and in no event shall Tenant attempt to secure any personal judgment against any such individual or any partner, employee or agent of Landlord by reason of such default by Landlord.

Appears in 1 contract

Samples: Lease Agreement (Wellcare Management Group Inc)

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