Common use of Nonrecourse Clause in Contracts

Nonrecourse. Nothing contained in this Agreement shall be construed to impose any liabilities or obligations on Tenant's shareholders, officers, directors, agents or employees (or any shareholders, officers, directors, agents or employees of any of the foregoing) for the performance of the obligations of Landlord or Tenant hereunder.

Appears in 9 contracts

Samples: Lease Agreement (Candlewood Hotel Co Inc), Lease Agreement (Hospitality Properties Trust), Lease Agreement (Candlewood Hotel Co Inc)

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Nonrecourse. Nothing contained in this Agreement shall be construed to impose any liabilities or obligations on Tenant's or Landlord's shareholders, officers, directors, agents or employees (or any shareholders, officers, directors, agents or employees of any of the foregoing) for the performance of the obligations of Landlord or Tenant hereunder.

Appears in 1 contract

Samples: Stock Purchase Agreement (Hospitality Properties Trust)

Nonrecourse. Nothing contained in this Agreement shall be construed to impose any liabilities or obligations on Tenant's ’s or Landlord’s shareholders, officers, directors, agents or employees (or any shareholders, officers, directors, agents or employees of any of the foregoing) for the performance of the obligations of Landlord or Tenant hereunder.

Appears in 1 contract

Samples: Lease Agreement (Hospitality Properties Trust)

Nonrecourse. Nothing contained in this Agreement shall be construed to impose any liabilities or obligations on Tenant's shareholdersgeneral partners, officers, directorslimited partners, agents or employees (or any shareholders, officers, directors, agents or employees of any of the foregoing) for the performance of the obligations of Landlord or Tenant hereunder.

Appears in 1 contract

Samples: Lease Agreement (Sholodge Inc)

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Nonrecourse. Nothing contained in this Agreement shall be construed ----------- to impose any liabilities or obligations on Landlord's or Tenant's partners, shareholders, officers, directors, agents or employees (or any partners, shareholders, officers, directors, agents or employees of any of the foregoing) for the performance of the obligations of Landlord or Tenant hereunder.

Appears in 1 contract

Samples: Lease Agreement (Homestead Village Inc)

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