Common use of NONLIABILITY OF LANDLORD Clause in Contracts

NONLIABILITY OF LANDLORD. Neither Landlord, as an entity, nor Landlord or any successor in interest, if an individual (which term as used herein includes aggregates of individuals, such as joint ventures, general or limited partnerships or associations or limited liability companies), shall be under personal liability with respect to any of the provisions of this Lease, and if Landlord hereto is in breach or in default of or with respect to its obligations under this Lease, Tenant shall look solely to the equity of such Landlord or individual in the land and Building, and any proceeds from the sale of same and insurance proceeds, 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 Landlord or any partner, employee or agent of Landlord by reason of such default by Landlord.

Appears in 2 contracts

Samples: Lease Agreement (American Medical Alert Corp), Lease Agreement (American Medical Alert Corp)

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NONLIABILITY OF LANDLORD. Neither Landlord, as an entity, nor Landlord or any successor in interest, if an individual (which term as used herein includes aggregates of individuals, such as joint ventures, general or limited partnerships or associations or limited liability companies), shall be under personal liability with respect to any of the provisions of this Lease, and if Landlord hereto is in breach or in default of or with respect to its obligations under this Lease, Tenant shall look solely to the equity of such Landlord or individual in the land and Building, and any proceeds from the sale of same and insurance proceeds, Building of which the Demised Premises form a part for the satisfaction of Tenant’s 's remedies and in no event shall Tenant attempt to secure any personal judgment against Landlord or any partner, employee or agent of Landlord by reason of such default by Landlord.

Appears in 1 contract

Samples: Lease Agreement (Janel World Trade LTD)

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NONLIABILITY OF LANDLORD. Neither Landlord, as an entity, nor Landlord or any successor in interest, if an individual (which term as used herein includes aggregates of individuals, such as joint ventures, general or limited partnerships or associations or limited liability companies), shall be under personal liability with respect to any of the provisions of this Lease, and if Landlord hereto is in breach or in default of or with respect to its obligations under this Lease, Tenant shall look solely to the equity of such Landlord or individual in the land and Building, and any proceeds from the sale of same and insurance proceeds, of which the Demised Premises form a part for the satisfaction of Tenant’s 's remedies and in no event shall Tenant attempt to secure any personal judgment against Landlord or any partner, employee or agent of Landlord by reason of such default by Landlord.

Appears in 1 contract

Samples: Lease Agreement (American Medical Alert Corp)

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