Tenant’s Remedy. If, as a consequence of a default by Landlord under this Lease, Tenant recovers a money judgment against Landlord, such judgment shall be satisfied only out of the proceeds of sale received upon execution of such judgment and levied thereon against the right, title and interest of Landlord in the Property and out of rent or other income from the Property received by Landlord or out of consideration received by Landlord from the sale or other disposition of all or any part of Landlord’s right, title and interest in the Property, and neither Landlord nor Landlord’s agent, employees, directors, or other members shall be liable for any deficiency.
Appears in 3 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Go Daddy Group, Inc.), Purchase and Sale Agreement (Go Daddy Group, Inc.)
Tenant’s Remedy. If, as a consequence of a default by Landlord under this Lease, Tenant recovers a money judgment against Landlord, such judgment shall be satisfied only out of the proceeds of sale received upon execution of such judgment and levied thereon against the right, title and interest of Landlord in the Property and out of rent Rent or other income from the Property received by Landlord or out of consideration received by Landlord from the sale or other disposition of all or any part of Landlord’s 's right, title and or interest in the Property, and neither Landlord nor Landlord’s agent, employees, directors, or other members 's Agents shall be liable for any deficiency.
Appears in 3 contracts
Samples: Standard Single Tenant Lease Triple Net (Media Arts Group Inc), Standard Single Tenant Lease Triple Net (Media Arts Group Inc), Standard Single Tenant Lease Triple Net (Media Arts Group Inc)
Tenant’s Remedy. If, as a consequence of a default Default by Landlord under this Lease, Tenant recovers a money judgment against Landlord, such judgment shall be satisfied only out of the proceeds of sale received upon execution of such judgment and levied thereon against the right, title and interest of Landlord in the Property Premises and out of rent or other income from the Property Premises received by Landlord or out of consideration received by Landlord from the sale or other disposition of all or any part of Landlord’s right, title and or interest in the PropertyPremises, and neither Landlord nor Landlord’s agent, employees, directors, or other members Agents shall be liable for any deficiency.
Appears in 3 contracts
Samples: Standard Multi Tenant Office Lease (International Stem Cell CORP), Lease (IGM Biosciences, Inc.), Lease (IGM Biosciences, Inc.)
Tenant’s Remedy. If, as a consequence of a default by Landlord under this Lease, Tenant recovers a money judgment against Landlord, such judgment shall be satisfied only out of the proceeds of sale received upon execution of such judgment and levied thereon against the right, title and interest of Landlord in the Property Premises and out of rent Rent or other income from the Property received such property receivable by Landlord or out of consideration received by Landlord from the sale or other disposition of all or any part of Landlord’s 's right, title and or interest in the PropertyPremises, and neither Landlord nor Landlord’s agent, employees, directors, or other members its agents shall be liable for any deficiency.
Appears in 3 contracts
Samples: Sublease Agreement (Fogdog Inc), Lease (Ampex Corp /De/), Lease (Ampex Corp /De/)
Tenant’s Remedy. If, as a consequence of a default by Landlord under this Lease, Tenant recovers a money judgment against Landlord, such judgment shall be satisfied only out of the proceeds of sale received upon execution of such judgment and levied thereon against the right, title and interest of Landlord in the Property Building and out of rent Rent or other income from the Property received such property receivable by Landlord or out of consideration received by Landlord from the sale or other disposition of all or any part of Landlord’s right, title and or interest in the PropertyBuilding, and neither Landlord nor Landlord’s agent, employees, directors, or other members its agents shall be liable for any deficiency.
Appears in 2 contracts
Samples: Standard Office Lease (Pasw Inc), Standard Office Lease (VirnetX Holding Corp)
Tenant’s Remedy. If, as a consequence of a default by Landlord under this Lease, Tenant recovers a money judgment against Landlord, such judgment shall be satisfied only out of the proceeds of sale received upon execution of such judgment and levied thereon against the right, title and interest of Landlord in the Property and out of rent Rent or other income received by Landlord from the Property received by Landlord or out of consideration received by Landlord from the sale or other disposition of all or any part of Landlord’s right, title and or interest in the Property or out of insurance proceeds received by Landlord from any damage to or destruction of the Property, and neither Landlord nor Landlord’s agent, employees, directors, or other members Agents shall be liable have no personal liability for any deficiency.
Appears in 1 contract
Tenant’s Remedy. If, as a consequence of a default by Landlord under this Lease, Tenant recovers a money judgment against Landlord, such judgment shall be satisfied only out of the proceeds of sale received upon execution of such judgment and levied thereon against the right, title and interest of Landlord in the Property Premises and out of rent Rent, insurance proceeds, or other income from the Property such property received by Landlord or out of consideration received by Landlord from the sale or other disposition of all or any part of Landlord’s 's right, title and or interest in the PropertyPremises, and neither Landlord nor Landlord’s agent, employees, directors, or other members 's Agents shall be liable for any deficiency.
Appears in 1 contract
Samples: Lease (C Cube Microsystems Inc)
Tenant’s Remedy. If, as a consequence of a default by Landlord under this Lease, Tenant recovers a money judgment against Landlord, such judgment shall be satisfied only out of the proceeds of sale received upon execution of such judgment and levied thereon against the right, title and interest of Landlord in the Property and out of rent Rent or other income from the Property received by Landlord or out of consideration received by Landlord from the sale or other disposition of all or any part of Landlord’s right, title and or interest in the PropertyPremises, and neither Landlord nor Landlord’s agent, employees, directors, or other members its Agents shall be liable for any deficiency.
Appears in 1 contract
Samples: Lease (Vocera Communications, Inc.)