Sublandlord’s Liability Sample Clauses

Sublandlord’s Liability. Notwithstanding any other term or provision of this Sublease, the liability of Sublandlord to Subtenant for any default in Sublandlord’s obligations under this Sublease shall be limited to actual, direct damages, and under no circumstances shall Subtenant, its partners, members, shareholders, directors, agents, officers, employees, contractors, sublessees, successors and/or assigns be entitled to recover from Sublandlord (or otherwise be indemnified by Sublandlord) for (a) any losses, costs, claims, causes of action, damages or other liability incurred in connection with a failure of Landlord, its partners, members, shareholders, directors, agents, officers, employees, contractors, successors and /or assigns to perform or cause to be performed Landlord’s obligations under the Master Lease, (b) lost revenues, lost profit or other consequential, special or punitive damages arising in connection with this Sublease for any reason, or (c) any damages or other liability arising from or incurred in connection with the condition of the Subleased Premises or suitability of the Subleased Premises for Subtenant’s intended uses. Subtenant shall, however, have the right to seek any injunctive or other equitable remedies as may be available to Subtenant under applicable law. Notwithstanding any other term or provision of this Sublease, no personal liability shall at any time be asserted or enforceable against Sublandlord’s stockholders, directors, officers, or partners on account of any of Sublandlord’s obligations or actions under this Sublease. As used in this Sublease, the term “Sublandlord” means the holder of the tenant’s interest under the Master Lease and the holder of Sublandlord’s interest under this Sublease. In the event of any assignment or transfer of the Sublandlord’s interest under this Sublease, which assignment or transfer may occur at any time during the Term in Sublandlord’s sole discretion, Sublandlord shall be and hereby is entirely relieved of all covenants and obligations of Sublandlord hereunder accruing subsequent to the date of the transfer and it shall be deemed and construed, without further agreement between the parties hereto, that any transferee has assumed and shall carry out all covenants and obligations thereafter to be performed by Sublandlord hereunder. Sublandlord may transfer and deliver any then existing Security Deposit to the transferee of Sublandlord’s interest under this Sublease, and thereupon Sublandlord shall be discharged f...

Sublandlord’s Liability. Notwithstanding anything to the contrary contained in this Sublease, the liability of Sublandlord to Subtenant for the default by Sublandlord under the terms of this Sublease shall be limited to Subtenant’s actual, but not consequential, damages and shall be recoverable only from Sublandlord. Sublandlord’s shareholders, partners, members, officers and directors shall have no personal liability whatsoever under this Sublease. Sublandlord shall have the right to assign all its rights and obligations under this Sublease in connection with an assignment of Sublandlord’s interest in the Master Lease, and in such event and upon such assignment, Sublandlord shall be released from any further obligations and liabilities under the Sublease, except for obligations and liabilities arising as a result of any matters occurring prior to such assignment of Sublandlord interest in the Master Lease. If Sublandlord assigns its interest in the Master Lease to any Person, such Person must assume, in writing and for the benefit of Subtenant, all of Sublandlord’s obligations and liabilities under this Sublease first arising from and after the date of such assignment.

Sublandlord’s Liability. Notwithstanding anything to the contrary contained herein, there shall be absolutely no personal liability on Sublandlord’s officers, directors, partners, agents, employees, affiliates or any heir, administrator, executor, successor, legal representative or assign of any of them with respect to any of the terms, covenants, conditions and provisions of this Sublease in the event of a default by Sublandlord hereunder or in the event of any other claim in connection with the Subleased Premises. Such exculpation is absolute and without any exception whatsoever and all such liability of any kind hereunder is expressly waived by Subtenant and every person now or hereafter claiming any right hereunder or by, through or under Subtenant.

Sublandlord’s Liability. Sublandlord, its partners, officers, directors, shareholders and principals, disclosed or undisclosed, shall have no personal liability under this Sublease. Subtenant shall look only to Sublandlord’s estate and property in the Main Lease (or the proceeds thereof) for the satisfaction of Subtenant’s remedies for the collection of a judgment (or other judicial process) requiring the payment of money by Sublandlord in the event of any default by Sublandlord hereunder, and no other property or assets of Sublandlord or its partners, officers, directors, shareholders or principals, disclosed or undisclosed, shall be subject to lien, levy, execution or other enforcement procedure for the satisfaction of Subtenant’s remedies under or with respect to this Sublease, the relationship of Sublandlord and Subtenant hereunder or Subtenant’s use or occupancy of the Subleased Premises.

Sublandlord’s Liability. The liability of Sublandlord for any breach or default by Sublandlord under this Sublease, or otherwise for whatever reason regarding this Sublease or the Sublease Premises, whether such liability is in contract, tort or otherwise, shall, in each instance, be limited to an amount equal to the lesser of (y) $2,000,000 and (z) the then remaining Basic Rent payable by Subtenant under the Sublease (without regard to the Renewal Term), and, subject to the foregoing, Subtenant agrees to look solely to Sublandlord’s interest in the Sublease Premises. No other property or assets of Sublandlord or its partners or principals, disclosed or undisclosed, shall be subject to levy, execution or other enforcement procedure for the satisfaction of Subtenant’s remedies under or with respect to this Sublease, the relationship of Sublandlord and Subtenant hereunder or Subtenant’s use or occupancy of the Sublease Premises. Neither Sublandlord nor any person or entity comprising, owning or affiliated with Sublandlord shall have any personal liability with respect to this Sublease.

Sublandlord’s Liability. Sublandlord shall have no liability to Subtenant with respect to (a) representations and warranties made by Landlord under the Prime Lease; (b) any indemnification obligations of Landlord under the Prime Lease or other obligations or liabilities of Landlord with respect to compliance with laws or the condition of the Subleased Premises, and (c) Landlord’s repair, maintenance, restoration, upkeep, insurance and similar obligations under the Prime Lease, regardless of whether the incorporation of one or more provisions of the Lease into this Sublease might otherwise operate to make Sublandlord liable therefore.

Sublandlord’s Liability. EXHIBIT 10.1

Sublandlord’s Liability. Except for its intentional acts --------------------------------------- or negligence or the intentional acts or negligence of its agents, contractors or licensees SubLandlord will not be responsible or liable for any loss, damage or injury to the Premises or to any Person or property at any time on the Premises.

Sublandlord’s Liability. If Sublandlord shall fail to perform any covenant, term or condition of this Sublease upon Sublandlord’s part to be performed, Subtenant may not terminate this Sublease, and Subtenant’s sole remedies shall be money damages and specific performance. If Subtenant shall recover a money judgment against ▇▇▇▇▇▇▇▇▇▇▇, such judgment shall be satisfied only out of the proceeds of sale received upon execution of such judgment and levy thereon against the right, title and interest of Sublandlord in the Building as the same may then be encumbered and neither Sublandlord nor any party having an interest in Sublandlord shall be liable for any deficiency. It is understood that in no event shall Subtenant have any right to (i) levy execution against any property of Sublandlord other than its interest in the Building as hereinbefore expressly provided or (ii) collect consequential or punitive damages from Sublandlord. In the event of the sale or other transfer of Sublandlord’s right, title and interest in the Sublease Premises or the Building, Sublandlord shall be released from all liability and obligations hereunder following the transfer by Sublandlord to the new owner and Subtenant shall attorn to and thereafter recognize the new owner as the Sublandlord hereunder.