Owner's Limited Liability. Owner shall not be liable to Builder for any loss, damage, injury, or claim of any kind or character to any person or property, except to the extent caused by the willed misconduct of Owner or its officers, directors, affiliates, or employees, arising from or caused in connection with the development of the Property or the construction or sale or other conveyance of Homes. A warranty policy will be provided by Residential Warranty Corporation to be paid for through escrow by owner.
Owner's Limited Liability. Anything in this lease to the contrary notwithstanding, Tenant for itself, its successors and assigns, covenants and agrees that the liability of the Owner shall be limited so that only the assets and interest of the Owner in and to One-Two Bridge Street, and the Bridge Street Property, Irvington, New York, shall be available and/or liable for the satisfaction, or security for payment of any judgment or claim against Owner or any indebtedness of Owner arising from any default by Owner. Tenant for itself, its successors and assigns, covenants and agrees that no other assets of any of the principals of Owner whether owned by them jointly or severally, directly or indirectly, shall be liable to payor satisfy any such judgment, claim, demand or indebtedness arising from any default by Owner.
Owner's Limited Liability. No general or limited partner in or of Owner, whether direct or indirect, or any disclosed or undisclosed officers, shareholders, principals, directors, employees, partners, servants or agents of Owner or any of the foregoing or any investment advisor of Owner (including any assignee or successor of Owner) or other holder of any equity interest in Owner, shall be personally liable for the performance of Owner's obligations under this Agreement. The liability of Owner (including any assignee or successor of Owner) for Owner's obligations hereunder shall be limited to the equity interest of Owner in the Property.
Owner's Limited Liability. Guests and Guests' invitees shall indemnify, defend, and hold harmless Owner, its members, officers, employees, and managing agents, against any and all claims of personal injury or property damage or loss arising from the use of the Property, including as to conditions or occurrences alleged to arise due to the Owner's negligence or lack of due care, and excepting only as arising solely as the result of Owner or its authorized agents' gross negligence or intentional misconduct. Guests expressly recognize that any insurance for property damage or loss which Owner may maintain on the Property may not cover the personal property of Guests or their invitees, and that Guests should provide their own insurance for valuables or other personal property belonging to Guests and Guests' invitees if such coverage is desired.
Owner's Limited Liability. Owner shall not be liable to Developer for any loss, damage, injury or claim of any kind or character to any person or property, except to the extent caused by the willful misconduct of Owner or its officers, directors, affiliates or employees, arising from or caused in connection with the development of the Property or the construction or sale or other conveyance of Residential Units.
Owner's Limited Liability. No general or limited partner in or of Owner, whether direct or indirect, or any disclosed or undisclosed officers, shareholders, principals, directors, employees, partners, servants or agents of Owner or any of the foregoing or any investment advisor of Owner (including any assignee or successor of Owner) or other holder of any equity interest in Owner, shall be personally liable for the performance of Owner's obligations under this Agreement. Owner shall not be liable for, and Development Manager expressly hereby waives any right to make a claim for, any consequential or punitive damages. The liability of Owner (including any assignee or successor of Owner) for Owner's obligations hereunder shall be limited solely to the equity interest of Owner in the Property.
Owner's Limited Liability. Anything in this Lease to the contrary notwithstanding, Tenant for itself, its successors and assigns, covenants and agrees that the liability of the Owner shall be limited so that only the assets and interest of the Owner in and to 00 Xxxxxxx Xxxxxx, Xxxxxxxxx, Xxx Xxxx, shall be available and/or liable for the satisfaction, or security for payment of any judgment or claim against Owner or any indebtedness of Owner arising from any default by Owner. Tenant for itself, its successors and assigns, covenants and agrees that no other assets of any of the principals of Owner whether owned by them jointly or severally, directly or indirectly, shall be liable to pay or satisfy any such judgment, claim, demand or indebtedness arising from any default by Owner.
Owner's Limited Liability. To the fullest extent permitted by law, Licensee assumes all risks and agrees to hold harmless Owner and Building Owner and their respective members, officers, agents, employees and affiliates from and against any and all loss, damage, claim, demand, liability, judgment, cost and expense of every kind and nature relating to any and all injury to Licensee’s person and damage or loss to any property and items stored, located or placed in the Unit or Storage Area (as defined below) which is caused directly or indirectly by vandalism, fire, mold, humidity, mildew, hurricane, explosion, Acts of God, bed bugs, water seepage, water leakage and/or water flooding and any other cause whatsoever (collectively, the “Causes”) except Owner's willful malfeasance or gross negligence. This provision shall survive the expiration and cancellation of this Agreement. Licensee hereby releases Owner and the Building Owner with respect to any damage or claim (whether for property damage or personal injury) due to any or all of the Causes. In no event shall Owner, Building Owner, or any of their respective affiliates, representatives, agents or employees, be liable for damages in excess of $3,000. This limitation is intended to become effective after Owner has enforced its lien pursuant to Section 182 of the New York State Lien Law (the “Lien Law”).
