Common use of Tenant’s Remedy Clause in Contracts

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 received by Landlord from the Property or out of consideration received by Landlord from the sale or other disposition of all or any part of Landlord’s right, title or interest in the Property, and neither Landlord nor its Agents shall be liable for any deficiency. Landlord and Tenant have executed and delivered this Lease as of the date first hereinabove set forth. LANDLORD: TENANT: Hanover Properties Ltd., a California limited partnership Silk Road Medical, Inc., a Delaware corporation By: The Xxxxxxxxxxx Company, LLC, a California limited liability company,General Partner By: /s/ Xxxxx Xxxxxx Name: Xxxxx Xxxxxx By: /s/ Xxxxx Xxxxxxxxxxx Title: President and CEO Xxxxx Xxxxxxxxxxx, Manager EXHIBIT A THE PREMISES All that certain real property located in the City of Sunnyvale, County of Santa Xxxxx, State of California, described as follows: All of Parcel 7, as shown on that certain Map entitled, “Parcel Map being a resubdivision of Parcel 2 as shown on that certain Parcel Map recorded in Book 400 of Maps, at Page 41, Santa Xxxxx County Records,” which Map was filed for record in the Office of the Record of Santa Xxxxx County, State of California, on October 17, 1977 in Book 405 of Maps, Page 49.

Appears in 2 contracts

Samples: Lease Agreement (Silk Road Medical Inc), Lease Agreement (Silk Road Medical Inc)

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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 received by Landlord from the Property or out of consideration received by Landlord from the sale or other disposition of all or any part of Landlord’s right, title or interest in the Property, and neither Landlord nor its Agents shall be liable for any deficiency. Landlord and Tenant have executed and delivered this Lease as of the date first hereinabove set forth. LANDLORD: TENANT: Hanover Properties Ltd., a California limited partnership Silk Road Medical, Inc.Aerohive Networks Incorporated, a Delaware corporation By: The Xxxxxxxxxxx Company, LLC, a California limited liability company,, General Partner By: Name: /s/ Xxxxx Xxxxxx Name: Xxxxxxxx Xxxxx Xxxxxx Xxxxxxxx By: /s/ Xxxxx Xxxxxxxxxxx Title: President and CEO V.P., General Counsel Xxxxx Xxxxxxxxxxx, Co-Manager EXHIBIT A THE PREMISES All that certain real property located in the City of Sunnyvale, County of Santa Xxxxx, State of California, described as follows: All of Parcel 7, as shown on that certain Map entitled, “Parcel Map being a resubdivision of Parcel 2 as shown on that certain Parcel Map recorded in Book 400 of Maps, at Page 41, Santa Xxxxx County Records,” which Map was filed for record in the Office of the Record of Santa Xxxxx County, State of California, on October 17, 1977 in Book 405 of Maps, Page 49.. LANDLORD: Hanover Properties Ltd. TENANT: Aerohive Networks Incorporated LEASE DATE: May 2, 2013 PREMISES: 0000 Xxxxxxxxx Xxxxx, Xxxxxxxxx, Xxxxxxxxxx Pursuant to Paragraph 3(a) of the above referenced Lease, the Commencement Date is hereby established as , 2013. Dated: Aerohive Networks Incorporated, a Delaware corporation By: Name: Title: Dated: Hanover Properties Ltd., a California limited partnership By: The Xxxxxxxxxxx Company, LLC, a California limited liability company, General Partner By: Xxxxx Xxxxxxxxxxx, Co-Manager In connection with any improvements to be installed on the Premises by Landlord (the “Tenant Improvements”), the parties hereby agree as follows:

Appears in 2 contracts

Samples: Lease Agreement (Aerohive Networks, Inc), Lease Agreement (Aerohive Networks, Inc)

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