Common use of Recourse Limitation Clause in Contracts

Recourse Limitation. Tenant shall be entitled to look solely to Landlord’s equity in the Complex for the recovery of any judgment against Landlord, and Landlord shall not be personally liable for any deficiency with respect to the recovery of such judgment. The provision contained in the foregoing sentence shall not limit any right that Tenant might otherwise have to obtain specific performance of Landlord’s obligations under this Lease.

Appears in 3 contracts

Samples: Office Lease Agreement, Office Lease Agreement (Aptinyx Inc.), Office Lease Agreement (Aptinyx Inc.)

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Recourse Limitation. Tenant shall be entitled to look solely to Landlord’s 's equity in the Complex for the recovery of any judgment against Landlord, and Landlord shall not be personally liable for any deficiency with respect to the recovery of such judgment. The provision contained in the foregoing sentence shall not limit any right that Tenant might otherwise have to obtain specific performance of Landlord’s 's obligations under this Lease.

Appears in 3 contracts

Samples: Office Lease Agreement (FSP Galleria North Corp), Office Lease Agreement (FSP Galleria North Corp), Office Lease Agreement (Caprock Communications Corp)

Recourse Limitation. Tenant shall be entitled specifically agrees to look solely to Landlord’s equity 's interest in the Complex Building for the recovery of any judgment against from Landlord, and it being agreed that Landlord shall not never be personally liable for any deficiency with respect to the recovery of such judgment. The provision contained in the foregoing sentence shall not limit any right that Tenant might otherwise have to obtain specific performance injunctive relief against Landlord, or any other action not involving the liability of Landlord to respond in monetary damages from assets other than Landlord’s obligations under this Lease's interest in the Building.

Appears in 2 contracts

Samples: Lease Agreement (Residential Healthcare Properties Inc), Lease Agreement (Eagle Geophyical Inc)

Recourse Limitation. Tenant shall be entitled to look solely to Landlord’s equity in the Complex Project for the recovery of any judgment against Landlord, and Landlord shall not be personally liable for any deficiency with respect to the recovery of such judgment. The provision contained in the foregoing sentence shall not limit any right that Tenant might otherwise have to obtain specific performance of Landlord’s obligations under this Lease.

Appears in 2 contracts

Samples: Office Lease Agreement, Office Lease Agreement (Masergy Communications Inc)

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Recourse Limitation. Tenant shall be entitled to look solely to Landlord’s 's equity in the Complex Landlord’s Premises for the recovery of any judgment against Landlord, and Landlord shall not be personally liable for any deficiency with respect to the recovery of such judgment. The provision contained in the foregoing sentence shall not limit any right that Tenant might otherwise have to obtain specific performance of Landlord’s 's obligations under this Lease.

Appears in 1 contract

Samples: Lease (Capital Growth Systems Inc /Fl/)

Recourse Limitation. Tenant shall be entitled agrees to look solely to Landlord’s 's equity in the Complex for the recovery of any judgment against Landlord, and Landlord shall not personally be personally liable for any deficiency with respect to the recovery of such judgmentdeficiency. The provision contained in the foregoing sentence shall not limit any right that Tenant might otherwise have to obtain specific performance of Landlord’s 's obligations under this Lease.

Appears in 1 contract

Samples: Office Lease Agreement (Petroleum Place Inc)

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