Common use of Recourse by Tenant Clause in Contracts

Recourse by Tenant. Anything in this Lease to the contrary notwithstanding, Tenant agrees that it shall, subject to prior rights of any mortgagee in any portion of the Property, look solely to the equity interest of Landlord in the Property, Rent, and insurance, sale and refinancing proceeds for the collection of any judgment (or other judicial process) requiring the payment of money by Landlord, in the event of any default or breach by Landlord under this Lease, and that no other assets of Landlord or its Affiliates shall be subject to levy, execution, or other process for the satisfaction of Tenant’s remedies.

Recourse by Tenant. Anything in this Lease to the contrary notwithstanding, Tenant agrees that it shallshall look solely to the equity of Landlord in the Premises, subject to prior rights of the holder of any mortgagee in any portion mortgage or deed of the Propertytrust, look solely to the equity interest of Landlord in the Property, Rent, and insurance, sale and refinancing proceeds for the collection of any judgment (or other judicial process) requiring the payment of money by Landlord, Landlord in the event of any default or breach by Landlord under with respect to any of the terms, covenants and conditions of this LeaseLease to be observed or performed by Landlord, and that no other assets of Landlord or its Affiliates shall be subject to levy, execution, execution or other process procedures for the satisfaction of Tenant’s 's remedies.

Recourse by Tenant. Anything in this Lease to the contrary notwithstanding, Tenant agrees that it shall, subject to prior rights of any mortgagee in any portion of the Property, shall look solely to the equity interest of Landlord in the Propertysubject to the prior rights of the holder of any mortgage or deed of trust, Rent, and insurance, sale and refinancing proceeds for the collection of any judgment (or other judicial process) requiring the payment of money by Landlord, in the event of Landlord on any default or breach by Landlord under with respect to any of the terms, covenants and conditions of this LeaseLease to be observed or performed by Landlord, and that no other assets asset of Landlord or its Affiliates any other person shall be subject to levy, execution, execution or other process procedure for the satisfaction of Tenant’s remedies.

Recourse by Tenant. Anything in this Lease to the contrary notwithstanding, Tenant agrees that it shall, subject to prior rights of any mortgagee in any portion of the Property, shall look solely to the equity interest of Landlord in the91, subject to the Propertyprior rights of the holder of any mortgage or deed of trust, Rent, and insurance, sale and refinancing proceeds for the collection of any judgment (or other judicial process) requiring the payment of money by Landlord, in the event of Landlord on any default or breach by Landlord under with respect to any of the terms, covenants and conditions of this LeaseLease to be observed or performed by Landlord, and that no other assets asset of Landlord or its Affiliates any other person shall be subject to levy, execution, execution or other process procedure for the satisfaction of Tenant’s remedies.