Common use of Recourse by Tenant Clause in Contracts

Recourse by Tenant. Anything in this Lease to the contrary notwithstanding, Tenant shall look solely to the equity of Landlord in the Premises, subject to the prior rights of the holder of any mortgage or deed of trust, for the collection of any judgment (or other judicial process) requiring the payment of money by Landlord on any default or breach by Landlord with respect to any of the terms, covenants and conditions of this Lease to be observed or performed by Landlord, and no other asset of Landlord or any other person shall be subject to levy, execution or other procedure for the satisfaction of Txxxxx’s remedies.

Appears in 3 contracts

Samples: Office Lease (Fatpipe Inc/Ut), Office Lease (Fatpipe Inc/Ut), Office Lease (Fatpipe Inc/Ut)

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Recourse by Tenant. Anything in this Lease to the contrary notwithstanding, Tenant shall look solely to the equity of Landlord in the Premises, subject to the prior rights of the holder of any mortgage or deed of trust, for the collection of any judgment (or other judicial process) requiring the payment of money by Landlord on in the event of any default or breach by Landlord with respect to any of the terms, covenants and conditions of this Lease to be observed or performed by Landlord, and no other asset assets of Landlord or any other person shall be subject to levy, execution or other procedure procedures for the satisfaction of TxxxxxTenant’s remedies.

Appears in 2 contracts

Samples: Lease Agreement (Herbst Gaming Inc), Lease Agreement (Herbst Gaming Inc)

Recourse by Tenant. Anything in this Lease to the contrary notwithstanding, Tenant shall look solely to the equity of Landlord in the Premises, subject to the prior rights of the holder of any mortgage or deed of trust, for the collection of any judgment (or other judicial process) requiring the payment of money by Landlord on any default or breach by Landlord with respect to any of the terms, covenants and conditions of this Lease to be observed or performed by Landlord, and no other asset of Landlord or any other person shall be subject to levy, execution or other procedure for the satisfaction of TxxxxxTenant’s remedies.

Appears in 2 contracts

Samples: Office Lease (Cricut, Inc.), Office Lease (Cricut, Inc.)

Recourse by Tenant. Anything Notwithstanding anything contained in this Lease to the contrary notwithstandingcontrary, Tenant shall look solely to the equity estate and property of Landlord in the Premisesland and buildings comprising the Building, subject to the prior rights of any mortgagee of the holder of Building, or any mortgage or deed of trustpart thereof, for the collection of any judgment (or other judicial process) process requiring the payment of money by Landlord on any default or breach by Landlord with respect to any of the terms, covenants and conditions of this Lease to be observed or and/or performed by Landlord, and no other asset assets of Landlord or any other person shall be subject to levy, execution execution, or other procedure procedures for the satisfaction of Txxxxx’s Tenant's remedies.

Appears in 2 contracts

Samples: Lease Agreement (Nu Skin Enterprises Inc), Lease Agreement (Nu Skin Enterprises Inc)

Recourse by Tenant. Anything in this Lease to the contrary notwithstanding, Tenant shall look solely to the equity of Landlord in the Premises, subject to the prior rights of the holder of any mortgage or deed of trust, for the collection of any judgment (or other judicial process) requiring the payment of money by Landlord on any default or breach by Landlord with respect to any of the terms, covenants and conditions of this Lease to be observed or performed by Landlord, and no other asset assets of Landlord or any other person shall be subject to levy, execution or other procedure procedures for the satisfaction of Txxxxx’s Tenant's remedies.

Appears in 1 contract

Samples: Center Lease Willow Creek Shopping Center (MCT Holding Corp)

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Recourse by Tenant. Anything in this Lease to the contrary notwithstanding, Tenant shall look solely to the equity of Landlord in the PremisesPremises(33), subject to the prior rights of the holder of any mortgage or deed of trust, for the collection of any judgment (or other judicial process) requiring the payment of money by Landlord on any default or breach by Landlord with respect to any of the terms, covenants and conditions of this Lease to be observed or performed by Landlord, and no other asset of Landlord or any other person shall be subject to levy, execution or other procedure for the satisfaction of Txxxxx’s Tenant's remedies.

Appears in 1 contract

Samples: Office Lease (Arkona Inc)

Recourse by Tenant. Anything in this Lease to the contrary notwithstanding, Tenant shall look solely to the equity of Landlord in the PremisesPremises101, subject to the prior rights of the holder of any mortgage or deed of trust, for the collection of any judgment (or other judicial process) requiring the payment of money by Landlord on any default or breach by Landlord with respect to any of the terms, covenants and conditions of this Lease to be observed or performed by Landlord, and no other asset of Landlord or any other person shall be subject to levy, execution or other procedure for the satisfaction of TxxxxxTenant’s remedies.

Appears in 1 contract

Samples: Office Lease (CHG Healthcare Services, Inc.)

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