Common use of Landlord Exculpation Clause in Contracts

Landlord Exculpation. It is expressly understood and agreed that notwithstanding anything in this Lease to the contrary, and notwithstanding any applicable law to the contrary, the liability of Landlord and the Landlord’s Agents hereunder (including any successor landlord) and any recourse by Tenant against Landlord or the Landlord’s Agents shall be limited solely and exclusively to an amount which is equal to the interest of Landlord in the Project, and neither Landlord, nor any of the Landlord’s Agents shall have any personal liability therefor, and Tenant hereby expressly waives and releases such personal liability on behalf of itself and all persons claiming by, through or under Tenant.

Appears in 1 contract

Samples: Construction Agreement (Vocus, Inc.)

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Landlord Exculpation. It is expressly understood and agreed that notwithstanding anything in this Lease to the contrary, and notwithstanding any applicable law to the contrary, the liability of Landlord and the Landlord’s Agents hereunder (including any successor landlord) and any recourse by Tenant against Landlord or the Landlord’s Agents shall be limited solely and exclusively to an amount which is equal to the interest of Landlord in the ProjectBuilding and the proceeds thereof, and neither Landlord, nor any of the Landlord’s Agents its constituent partners, members, shareholders, officers, directors or employees shall have any personal liability therefor, and Tenant hereby expressly waives and releases such personal liability on behalf of itself and all persons claiming by, through or under Tenant.

Appears in 1 contract

Samples: Lease Agreement (DMC Global Inc.)

Landlord Exculpation. It is expressly understood and agreed that notwithstanding anything in this Lease to the contrary, and notwithstanding any applicable law to the contrary, the liability of Landlord and the Landlord’s Agents Landlord Parties hereunder (including any successor landlord) and any recourse by Tenant against Landlord or the Landlord’s Agents Landlord Parties shall be limited solely and exclusively to an amount which is equal to the interest of Landlord in the ProjectBuilding and any available insurance proceeds, and neither Landlord, nor any of the Landlord’s Agents Landlord Parties shall have any personal liability therefor, and Tenant hereby expressly waives and releases such personal liability on behalf of itself and all persons claiming by, through or under Tenant.

Appears in 1 contract

Samples: Office Lease (Aames Financial Corp/De)

Landlord Exculpation. It is expressly understood and agreed that -------------------- notwithstanding anything in this Lease to the contrary, and notwithstanding any applicable law to the contrary, the liability of Landlord and the Landlord’s Agents Landlord Parties hereunder (including any successor landlord) and any recourse by Tenant against Landlord or the Landlord’s Agents Landlord Parties shall be limited solely and exclusively to an amount which is equal to the interest of Landlord in the Project, Building and neither Landlord, nor any of the Landlord’s Agents Landlord Parties shall have any personal liability therefor, and Tenant hereby expressly waives and releases such personal liability on behalf of itself and all persons claiming by, through or under Tenant.

Appears in 1 contract

Samples: Office Lease (Tier Technologies Inc)

Landlord Exculpation. It is expressly understood In consideration of the benefits accruing hereunder to Tenant and agreed that notwithstanding anything in this Lease to the contrary, it is expressly understood and agreed that notwithstanding any applicable law to the contrary, the liability of Landlord and the Landlord’s Agents hereunder (including any successor landlord) and any recourse by Tenant against Landlord or the Landlord’s Agents shall be limited solely and exclusively to an amount which is equal to the interest of Landlord in the ProjectBuilding, and neither Landlord, nor any of the Landlord’s Agents its constituent partners, members, shareholders, officers, directors or employees shall have any personal liability therefor, and Tenant hereby expressly waives and releases such personal liability on behalf of itself and all persons claiming by, through or under Tenant.

Appears in 1 contract

Samples: Office Lease (Kratos Defense & Security Solutions, Inc.)

Landlord Exculpation. It is expressly understood and agreed that -------------------- notwithstanding anything in this Lease to the contrary, and notwithstanding any applicable law to the contrary, the liability of Landlord and the Landlord’s Agents Landlord Parties hereunder (including any successor landlord) and any recourse by Tenant against Landlord or the Landlord’s Agents Landlord Parties shall be limited solely and exclusively to an amount which is equal to the interest of Landlord in the ProjectBuildings, and neither Landlord, Landlord nor any of the Landlord’s Agents Landlord Parties shall have any personal liability therefor, and Tenant hereby expressly waives and releases such personal liability on behalf of itself and all persons claiming by, through or under Tenant.. CREEKSIDE PLAZA xxxi TriNet Employer Group, Inc.

Appears in 1 contract

Samples: Attornment and Nondisturbance Agreement (Trinet Group Inc)

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Landlord Exculpation. It is expressly understood and agreed that notwithstanding anything in this Lease to the contrary, and notwithstanding any applicable law to the contrary, the liability of Landlord and the Landlord’s Agents Landlord Parties hereunder (including any successor landlord) and any recourse by Tenant against Landlord or the Landlord’s Agents Landlord Parties shall be limited solely and exclusively to an amount which is equal to the interest of Landlord in the ProjectBuilding and insurance proceeds, and neither Landlord, nor any of the Landlord’s Agents Landlord Parties shall have any personal liability therefor, and Tenant hereby expressly waives and releases such personal liability on behalf of itself and all persons claiming by, through or under Tenant.

Appears in 1 contract

Samples: Office Lease (Ticketmaster)

Landlord Exculpation. It is expressly understood and agreed that notwithstanding anything in this Lease to the contrary, and notwithstanding any applicable law to the contrary, the liability of Landlord and the Landlord’s Agents hereunder (including any successor landlord) and any recourse by Tenant against Landlord or the Landlord’s Agents shall be limited solely and exclusively to an amount which is equal to the interest of Landlord in the ProjectBuilding, and the rents and income therefrom, and neither Landlord, nor any of the Landlord’s Agents its constituent partners, members, shareholders, officers, directors or employees shall have any personal liability therefor, and Tenant hereby expressly waives and releases such personal liability on behalf of itself and all persons claiming by, through or under Tenant.

Appears in 1 contract

Samples: Office Lease (HMS Holdings Corp)

Landlord Exculpation. It is expressly understood and agreed that notwithstanding anything in this Lease to the contrary, and notwithstanding any applicable law to the contrary, the liability of Landlord and the Landlord’s Agents Landlord Parties hereunder (including any successor landlord) and any recourse by Tenant against Landlord or the Landlord’s Agents Landlord Parties shall be limited solely and exclusively to an amount which is equal to the ownership interest of Landlord in the Project, and neither Landlord, nor any of the Landlord’s Agents Landlord Parties shall have any personal liability therefor, and Tenant hereby expressly waives and releases such personal liability on behalf of itself and all persons claiming by, through or under Tenant.

Appears in 1 contract

Samples: Office Lease (Vivus Inc)

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