Common use of LANDLORD'S LIABILITY Clause in Contracts

LANDLORD'S LIABILITY. Any Buildings’ employee to whom any property shall be entrusted by or on behalf of Tenant shall be deemed to be acting as Tenant’s agent with respect to such property and neither Landlord nor any of the Indemnitees shall be liable for any damage to such property, or for the loss of or damage to any property of Tenant by theft or otherwise. None of the Indemnitees shall be liable for any injury or damage to persons or property or interruption of Tenant’s business resulting from fire or other casualty, any damage caused by other tenants or persons in the Buildings or by construction of any private, public or quasi-public work, or any latent defect in the Premises or in the Buildings (except that Landlord shall be required to repair the same to the extent provided in Article 7). No penalty shall accrue for delays which may arise by reason of adjustment of fire insurance on the part of Landlord or Tenant, or Unavoidable Delays, in connection with any repair or restoration of any portion of the Premises or of the Buildings. Landlord shall use reasonable efforts to minimize interference with Tenant’s use and occupancy of the Premises during the performance of any such repair or restoration; provided, however, Landlord shall have no obligation to employ contractors or labor at overtime or other premium pay rates or to incur any other overtime costs or additional expenses whatsoever. Nothing in this Section 14.7 shall affect any right of Landlord to be indemnified by Tenant under Article 32 for payments made to compensate for losses of third parties.

Appears in 5 contracts

Samples: Lease (MSG Spinco, Inc.), Lease (Madison Square Garden, Inc.), Lease (Madison Square Garden, Inc.)

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LANDLORD'S LIABILITY. Any Buildings’ Building employee to whom any property shall be entrusted by or on behalf of Tenant shall be deemed to be acting as Tenant’s 's agent with respect to such property and neither Landlord nor any of the Indemnitees shall be liable for any damage to such property, or for the loss of or damage to any property of Tenant by theft or otherwise. None of the Indemnitees shall be liable for any injury or damage to persons or property or interruption of Tenant’s 's business resulting from fire or other casualty, any damage caused by other tenants or persons in the Buildings Building or by construction of any private, public or quasi-public work, or any latent defect in the Premises or in the Buildings Building (except that Landlord shall be required to repair the same to the extent provided in Article 7). No penalty shall accrue for delays which may arise by reason of adjustment of fire insurance on the part of Landlord or Tenant, or Unavoidable Delays, in connection with any repair or restoration of any portion of the Premises or of the BuildingsBuilding. Landlord shall use reasonable efforts to minimize interference with Tenant’s 's use and occupancy of the Premises during the performance of any such repair or restoration; , provided, however, that Landlord shall have no obligation to employ contractors or labor at overtime or other premium pay rates or to incur any other overtime costs or additional expenses whatsoever. Nothing in this Section 14.7 13.6 shall affect any right of Landlord to be indemnified by Tenant under Article 32 for payments made to compensate for losses of third parties.

Appears in 3 contracts

Samples: Attornment Agreement (Greenhill & Co Inc), Disturbance and Attornment Agreement (Greenhill & Co Inc), Disturbance and Attornment Agreement (Advent Software Inc /De/)

LANDLORD'S LIABILITY. Any Buildings’ Building employee to whom any property shall be entrusted by or on behalf of Tenant shall be deemed to be acting as Tenant’s 's agent with respect to such property and neither Landlord nor any of the Indemnitees its agents shall be liable for any damage to such property, or for the loss of or damage to any property of Tenant by theft or otherwise. None of the Indemnitees Landlord, its agents, any Mortgagee or Lessor shall be liable for any injury or damage to persons or property or interruption of Tenant’s 's business resulting from fire or other casualty, any damage caused by other tenants or persons in the Buildings Building or by construction of any private, public or quasi-public work, or any latent defect in the Premises or in the Buildings Building (except that Landlord shall be required to repair the same to the extent provided in Article 76). No penalty shall accrue for delays which may arise by reason of adjustment of fire insurance on the part of Landlord or Tenant, or Unavoidable Delays, in connection with for delay on account of "labor troubles" or any other cause beyond Landlord's control arising from any repair or restoration of any portion of the Premises or of the Buildings. Building, provided that Landlord shall use reasonable efforts to minimize interference with Tenant’s 's use and occupancy of the Premises during the performance of any such repair or restoration; provided, however, provided that Landlord shall have no obligation to employ contractors or labor at overtime or other premium pay rates or to incur any other overtime costs or additional expenses whatsoever. Nothing in this Section 14.7 13.5 shall affect any right of Landlord to the indemnity from Tenant to which Landlord may be indemnified by Tenant entitled under Article 32 in order to recoup for payments made to compensate for losses of third parties. Subject to the provisions of Section 12.2, nothing herein shall release Landlord from liability for its own negligence.

Appears in 2 contracts

Samples: Agreement (Imanage Inc), Agreement (Imanage Inc)

LANDLORD'S LIABILITY. Any Buildings’ Building employee to whom any property shall be entrusted by or on behalf of Tenant shall be deemed to be acting as Tenant’s agent with respect to such property property, and neither Landlord nor any of the Indemnitees its agents shall be liable for any damage to such property, or for the loss of or damage to any property of Tenant by theft or otherwise. None of the Indemnitees Insured Parties shall be liable for any injury or damage to persons or property or interruption of Tenant’s business resulting from fire fire, explosion, falling ceilings, falling plaster, steam, gas, electricity, water, rain or snow or leaks from any part of said Building or from the pipes, appliances or plumbing works or from the roof, street or subsurface or from any other casualtyplace or by dampness or by any other cause or whatsoever nature, including but not limited to the making or repairs and improvements unless caused by or due to the negligence or willful misconduct of Landlord, its agents, servants or employees; none of the Insured Parties shall be liable for any such damage caused by other tenants or persons in the Buildings said Building or caused by operations in construction of any private, public or quasi-quasi public work, or ; nor shall Landlord be liable for any latent defect in the Premises or in the Buildings Building (except that Landlord shall be required to repair the same to the extent provided in Section 4.2 or Article 76). No penalty shall accrue for delays which that may arise by reason of adjustment of fire insurance on the part of Landlord or Tenant, or for any Unavoidable Delays, in connection with any repair or restoration of any portion of the Premises or of the Buildings. Landlord shall use reasonable efforts to minimize interference with Tenant’s use and occupancy of the Premises during the performance of any such repair or restoration; provided, however, Landlord shall have no obligation to employ contractors or labor at overtime or other premium pay rates or to incur any other overtime costs or additional expenses whatsoever. Nothing in this Section 14.7 shall affect any right of Landlord to be indemnified by Tenant under Article 32 for payments made to compensate for losses of third parties.Delays DocuSign Envelope ID: 9A9C9B12-A895-460A-B922-02EA96CBF419888 F039-07D3 96C 95C7 5 F6CAE9878F

Appears in 1 contract

Samples: Office Lease (1stdibs.com, Inc.)

LANDLORD'S LIABILITY. Any Buildings’ Building employee to whom any property shall be entrusted by or on behalf of Tenant shall be deemed to be acting as Tenant’s 's agent with respect to such property and neither Landlord nor any of the Indemnitees its agents shall be liable for any damage to such propertyproperty of Tenant or of others entrusted to employees of the Building, or for the loss of or damage to any property of Tenant by theft or otherwise. None of the Indemnitees Landlord, its agents, any Mortgagee or Lessor shall be liable for any injury or damage to persons or property or interruption of Tenant’s 's business resulting from fire or other casualty, any damage caused by other tenants or persons in the Buildings Building or by construction of any private, public or quasi-public work, or any latent defect in the Premises or in the Buildings Building (except that Landlord shall be required to repair the same to the extent provided in Article 75). No penalty shall accrue for delays which may arise by reason of adjustment of fire insurance on the part of Landlord or Tenant, or Unavoidable Delays, in connection with for delay on account of "labor troubles" or any other cause beyond Landlord's control arising from any repair or restoration of any portion of the Premises or of the Buildings. Building provided that Landlord shall use reasonable efforts to minimize interference with Tenant’s use and occupancy of the Premises during the performance of perform any such repair or restoration; provided, however, Landlord shall have no obligation restoration expeditiously and in a manner as to employ contractors or labor at overtime or other premium pay rates or to incur any other overtime costs or additional expenses whatsoeverminimize unreasonable interference with Tenant's business. Nothing in this Section 14.7 None of the foregoing shall affect any right of Landlord to the indemnity from Tenant to which Landlord may be indemnified by Tenant entitled under Article 32 35 in order to recoup for payments made to compensate for losses of third parties.

Appears in 1 contract

Samples: Kasper a S L LTD

LANDLORD'S LIABILITY. Any Buildings’ employee to whom any property Landlord shall be entrusted by or on behalf of Tenant shall be deemed to be acting as Tenant’s agent with respect to such property and neither Landlord nor any of the Indemnitees shall be liable for any damage to such property, or for the loss of or damage to any property of Tenant by theft or otherwise. None of the Indemnitees shall not be liable for any injury or damage damages to persons or property on or interruption about the Premises, unless (a) caused by the negligence of Landlord or Landlord’s employees or agents and (b) of such a nature that the loss or injury would not be covered under a standard policy of renter’s insurance. Landlord shall not be liable for personal injury damage or loss of Tenant’s business resulting personal property from fire theft, vandalism, fire, rainstorms, smoke, explosions, or other casualtycauses not within the direct control of Landlord for which Landlord is not otherwise legally responsible, and to the extent permitted by law Tenant releases Landlord from all liability for that damage. Nothing contained in this Paragraph 10 shall be construed to limit any liability of Landlord arising by law. If storm, flood, fire, or other catastrophe injures or destroys the Premises, this Agreement will terminate at Landlord’s option. Otherwise Landlord will restore the Premises and until the restoration is completed, the rent will be abated in proportion to any loss of use of the Premises suffered by Tenant. Tenant shall be responsible for reimbursement of Landlord for the cost of restoration and repair of any damage caused by other tenants or persons in to the Buildings or by construction of any privatePremises and the appliances, public or quasi-public work, or any latent defect fixtures and equipment located in the Premises caused by the misuse, abuse or in the Buildings (except that Landlord shall be required to repair the same to the extent provided in Article 7). No penalty shall accrue for delays which may arise by reason neglect or wrongful acts of adjustment of fire insurance on the part of Landlord or Tenant, Tenant’s invitees or Unavoidable Delays, in connection with any repair or restoration of any portion other lawful occupants of the Premises or of the Buildings. Landlord shall use reasonable efforts to minimize interference with Tenant’s use and occupancy of the Premises during the performance of any such repair or restoration; provided, however, Landlord shall have no obligation to employ contractors or labor at overtime or other premium pay rates or to incur any other overtime costs or additional expenses whatsoever. Nothing in this Section 14.7 shall affect any right of Landlord to be indemnified by Tenant under Article 32 for payments made to compensate for losses of third partiesPremises.

Appears in 1 contract

Samples: Residential Lease

LANDLORD'S LIABILITY. Any Buildings’ Building employee to whom any property shall be entrusted by or on behalf of Tenant shall be deemed to be acting as Tenant’s agent with respect to such property and neither Landlord nor any of the Indemnitees shall be liable for any damage to such property, or for the loss of or damage to any property of Tenant by theft or otherwise. None of the Indemnitees shall be liable for any injury or damage to persons or property or interruption of Tenant’s business resulting from fire or other casualty, any damage caused by other tenants or persons in the Buildings Building or by construction of any private, public or quasi-public work, or any latent defect in the Premises or in the Buildings Building (except that Landlord shall be required to repair the same to the extent provided in Article 7). No penalty shall accrue for delays which may arise by reason of adjustment of fire insurance on the part of Landlord or Tenant, or Unavoidable Delays, in connection with any repair or restoration of any portion of the Premises or of the BuildingsBuilding. Landlord shall use reasonable efforts to minimize interference with Tenant’s use and occupancy of the Premises during the performance of any such repair or restoration; provided, however, Landlord shall have no obligation to employ contractors or labor at overtime or other premium pay rates or to incur any other overtime costs or additional expenses whatsoever. Nothing in this Section 14.7 shall affect any right of Landlord to be indemnified by Tenant under Article 32 for payments made to compensate for losses of third parties.

Appears in 1 contract

Samples: Of Lease (Pzena Investment Management, Inc.)

LANDLORD'S LIABILITY. Any Buildings’ Building employee to whom any property shall be entrusted by or on behalf of Tenant shall be deemed to be acting as Tenant’s agent with respect to such property and neither Landlord nor any of the Indemnitees shall be liable for any damage to such property, or for the loss of or damage to any property of Tenant by theft or otherwise. None of the Indemnitees shall be liable for any injury or damage to persons or property or interruption of Tenant’s business resulting from fire or other casualty, any damage caused by other tenants or persons in the Buildings Building or by construction of any private, public or quasi-public work, or any latent defect in the Premises or in the Buildings Building (except that Landlord shall be required to repair the same to the extent provided in Article 7). No penalty shall accrue for delays which may arise by reason of adjustment of fire insurance on the part of Landlord or Tenant, or Unavoidable Delays, in connection with any repair or restoration of any portion of the Premises or of the BuildingsBuilding. Landlord shall use reasonable efforts to minimize interference with Tenant’s use and occupancy of the Premises during the performance of any such repair or restoration; , provided, however, that Landlord shall have no obligation to employ contractors or labor at overtime or other premium pay rates or to incur any other overtime costs or additional expenses whatsoever. Nothing in this Section 14.7 13.6 shall affect any right of Landlord to be indemnified by Tenant under Article 32 for payments made to compensate for losses of third parties.

Appears in 1 contract

Samples: Lease (Greenhill & Co Inc)

LANDLORD'S LIABILITY. Any Buildings’ Building employee to whom any -------------------- property shall be entrusted by or on behalf of Tenant shall be deemed to be acting as Tenant’s 's agent with respect to such property and neither Landlord nor any of the Indemnitees its agents shall be liable for any damage to such property, or for the loss of or damage to any property of Tenant by theft or otherwise. None of the Indemnitees Landlord, its agents, any Mortgagee or Lessor shall be liable for any injury or damage to persons or property or interruption of Tenant’s 's business resulting from fire or other casualty, any damage caused by other tenants or persons in the Buildings Building or by construction of any private, public or quasi-public work, or any latent defect in the Premises or in the Buildings Building (except that Landlord shall be required to repair the same to the extent provided in Article 75). No penalty shall accrue for delays which may arise by reason of adjustment of fire insurance on the part of Landlord or Tenant, or Unavoidable Delays, in connection with for delay on account of "labor troubles" or any other cause beyond Landlord's control arising from any repair or restoration of any portion of the Premises or of the Buildings. Building, provided that Landlord shall use reasonable efforts to minimize interference with Tenant’s 's use and occupancy of the Premises during the performance of any such repair or restoration; provided, however, provided further that Landlord shall have no obligation to employ contractors or labor at overtime or other premium pay rates or to incur any other overtime costs or additional expenses whatsoever. Nothing in this Section 14.7 13.7 shall affect any right of Landlord to the indemnity from Tenant to which Landlord may be indemnified by Tenant entitled under Article 32 30 in order to recoup for payments made to compensate for losses of third parties.

Appears in 1 contract

Samples: Lease (Portal Software Inc)

LANDLORD'S LIABILITY. Any Buildings’ Building employee to whom any property shall be entrusted by or on behalf of Tenant shall be deemed to be acting as Tenant’s 's agent with respect to such property and neither Landlord nor any of the Indemnitees its agents shall be liable for any damage to such propertyproperty of Tenant or of others entrusted to employees of the Building, or for the loss of or damage to any property of Tenant by theft or otherwise. None of the Indemnitees Landlord, its agents, any Mortgagee or Lessor shall be liable for any injury or damage to persons or property or interruption of Tenant’s 's business resulting from fire or other casualty, any damage caused by other tenants or persons in the Buildings Building or by construction of any private, public or quasi-public work, or any latent defect in the Premises or in the Buildings Building (except that Landlord shall be required to repair the same to the extent provided in Article 75). No penalty shall accrue for delays which may arise by reason of adjustment of fire insurance on the part of Landlord or Tenant, or Unavoidable Delays, in connection with for delay on account of "labor troubles" or any other cause beyond Landlord's control arising from any repair or restoration of any portion of the Premises or of the Buildings. Building provided that Landlord shall use reasonable efforts to minimize interference with Tenant’s use and occupancy of the Premises during the performance of perform any such repair or restoration; provided, however, Landlord shall have no obligation restoration expeditiously and in a manner as to employ contractors or labor at overtime or other premium pay rates or to incur any other overtime costs or additional expenses whatsoeverminimize unreasonable interference with Tenant's business. Nothing in this Section 14.7 None of the foregoing shall affect any right of Landlord to the indemnity from Tenant to which Landlord may be indemnified by Tenant entitled under Article 32 in order to recoup for payments made to compensate for losses of third parties.

Appears in 1 contract

Samples: Martha Stewart Living Omnimedia Inc

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LANDLORD'S LIABILITY. Any Buildings’ Building employee to whom any property shall be entrusted by or on behalf of Tenant shall be deemed to be acting as Tenant’s 's agent with respect to such property and neither Landlord nor any of the Indemnitees Indemnities shall be liable for any damage to such property, or for the loss of or damage to any property of Tenant by theft or otherwise. None of the Indemnitees Indemnities shall be liable for any injury or damage to persons or property or interruption of Tenant’s 's business resulting from fire or other casualty, any damage caused by other tenants or persons in the Buildings Building or by construction of any private, public or quasi-public work, or any latent defect in the Premises or in the Buildings Building (except that Landlord shall be required to repair the same to the extent provided in Article 7). No penalty shall accrue for delays which that may arise by reason of adjustment of fire insurance on the part of Landlord or Tenant, or Unavoidable Delays, in connection with any repair or restoration of any portion of the Premises or of the BuildingsBuilding. Landlord shall use reasonable efforts to minimize interference with Tenant’s 's use and occupancy of the Premises during the performance of any such repair or restoration; , provided, however, that Landlord shall have no obligation to employ contractors or labor at overtime or other premium pay rates or to incur any other overtime costs or additional expenses whatsoever. Nothing in this Section 14.7 13.7 shall affect any right of Landlord to be indemnified by Tenant under Article 32 for payments made to compensate for losses of third parties.

Appears in 1 contract

Samples: Agreement of Lease (Thestreet Com)

LANDLORD'S LIABILITY. Any Buildings’ Building employee to whom -------------------- any property shall be entrusted by or on behalf of Tenant shall be deemed to be acting as Tenant’s 's agent with respect to such property and neither Landlord nor any of the Indemnitees its agents shall be liable for any damage to such property, or for the loss of or damage to any property of Tenant by theft or otherwise. None of the Indemnitees Landlord, its agents, any Mortgagee or Lessor shall be liable for any injury or damage to persons or property or interruption of Tenant’s 's business resulting from fire or other casualty, any damage caused by other tenants or persons in the Buildings Building or by construction of any private, public or quasi-public work, or any latent defect in the Premises or in the Buildings Building (except that Landlord shall be required to repair the same to the extent provided in Article 75). No penalty shall accrue for delays which may arise by reason of adjustment of fire insurance on the part of Landlord or Tenant, or Unavoidable Delays, in connection with for delay on account of "labor troubles" or any other cause beyond Landlord's control arising from any repair or restoration of any portion of the Premises or of the Buildings. Building, provided that Landlord shall use reasonable efforts to minimize interference with Tenant’s 's use and occupancy of the Premises during the performance of any such repair or restoration; provided, however, provided further that Landlord shall have no obligation to employ contractors or labor at overtime or other premium pay rates or to incur any other overtime costs or additional expenses whatsoever. Nothing in this Section 14.7 13.7 shall affect any right of Landlord to the indemnity from Tenant to which Landlord may be indemnified by Tenant entitled under Article 32 30 in order to recoup for payments made to compensate for losses of third parties.

Appears in 1 contract

Samples: Lease (Portal Software Inc)

LANDLORD'S LIABILITY. Any Buildings’ Building employee to whom any property shall be entrusted by or on behalf of Tenant shall be deemed to be acting as Tenant’s agent with respect to such property and neither Landlord nor any of the Indemnitees its agents shall be liable for any damage to such property, or for the loss of or damage to any property of Tenant by theft or otherwise. For example, if a Tenant employee leaves an envelope with a Building lobby guard for pick-up by a messenger service, Landlord will not be responsible if such package is misplaced, stolen, damaged or picked up by the wrong messenger service. None of the Indemnitees Insured Parties shall be liable for any injury or damage to persons or property or interruption of Tenant’s business resulting from fire or other casualty, any damage caused by other tenants or persons in the Buildings Building or the parking facilities or by construction of any private, public or quasi-public work, or any latent defect in the Premises or in the Buildings Building or the parking facilities (except that Landlord shall be required to repair the same to the extent provided in Article 76). No penalty shall accrue for delays which may arise by reason of adjustment of fire insurance on the part of Landlord or Tenant, or for any Unavoidable Delays, in connection with Delays arising from any repair or restoration of any portion of the Premises or of the Buildings. Building, provided that Landlord shall use reasonable efforts to minimize interference with Tenant’s use and occupancy of the Premises during the performance of any such repair or restoration; provided, however, Landlord shall have no obligation to employ contractors or labor at overtime or other premium pay rates or to incur any other overtime costs or additional expenses whatsoever. Nothing in this Section 14.7 shall affect any right of Landlord to be indemnified by Tenant under Article 32 for payments made to compensate for losses of third parties.

Appears in 1 contract

Samples: Sublease Agreement (K12 Inc)

LANDLORD'S LIABILITY. Any Buildings’ employee to whom any property Except for Landlord's gross negligence, Landlord or its agents shall be entrusted by or on behalf of Tenant shall be deemed to be acting as Tenant’s agent with respect to such property and neither Landlord nor any of the Indemnitees shall not be liable for any damage to such propertyproperty of Tenant or of others entrusted to employees of building, or nor for the loss of or damage to any property of Tenant by theft Tenant. Except for Landlord's gross negligence, Landlord or otherwise. None of the Indemnitees its agents shall not be liable for any injury or damage to persons or property or interruption of Tenant’s business resulting from fire fire, explosion, falling plaster, steam, electricity, water, rain or snow or leaks from any part of said building or from the pipes, appliances or plumbing works or from the roof, street, or sub-surface or from any other casualtyplace or by dampness or by any other cause of whatsoever nature, nor shall Landlord or its agents be liable for any such damage caused by other tenants or persons in the Buildings said building or caused by operations in construction of any private, public or quasi-public work, or ; nor shall Landlord be liable for any latent defect or any existing or future condition in the Premises demised premises or in the Buildings (except that building of which they form a part; nor shall the Landlord shall be required to repair the same to the extent provided in Article 7). No penalty shall accrue for delays which may arise liable by reason of adjustment of fire insurance on inconvenience, annoyance or injury to business arising from the part of Landlord Landlord, the Tenant or Tenantothers making any repairs, alterations or Unavoidable Delays, improvements in connection with any repair or restoration of to any portion of the Premises building or of the Buildings. Landlord shall use reasonable efforts to minimize interference with Tenant’s use and occupancy of the Premises during the performance of any such repair or restoration; provided, however, Landlord shall have no obligation to employ contractors or labor at overtime or other premium pay rates in or to incur fixtures, appurtenances, or equipment thereof. Tenant shall reimburse and compensate Landlord as additional rent within five (5) days after rendition of a statement for all expenditures made by or damages or fines sustained or incurred by Landlord due to non-performance or non-compliance with or breach or failure to observe any other overtime costs term, covenant or additional expenses whatsoever. Nothing in condition of this Section 14.7 shall affect any right of Landlord lease upon Tenant's part to be indemnified by kept, observed, performed or complied with. Tenant under Article 32 for payments made shall give immediate notice to compensate for losses Landlord in case of third partiesfire or accidents in the demised premises or in the building or defects therein or in any fixtures or equipment.

Appears in 1 contract

Samples: Priceline Com Inc

LANDLORD'S LIABILITY. Any Buildings’ Building employee to whom any property shall be entrusted by or on behalf of Tenant shall be deemed to be acting as Tenant’s agent with respect to such property and neither Landlord nor any of the Indemnitees Landlord’s Protected Parties shall be liable for any damage to such property, or for the loss of or damage to any property of Tenant by theft or otherwise. None Neither Landlord nor any of the Indemnitees Landlord’s Protected Parties shall be liable for any injury or damage to persons or property or interruption of Tenant’s business resulting from fire or other casualty, any damage caused by other tenants or persons in the Buildings Building or by construction of any private, public or quasi-public work, or any latent defect in the Premises or in the Buildings Building (except that Landlord shall be required to repair the same to the extent provided in Article 76). Neither Landlord nor any of Landlord’s Protected Parties shall be responsible or liable for the bursting of pipes; any unforeseeable loss or damage by adjacent tenants; any injury or damage to persons or property resulting from unknown fire, explosion, falling plaster, steam, gas, electricity, electrical or electronic emanations or disturbance, water, rain, snow or leaks from any part of the Building or from the pipes or caused by dampness, vandalism, malicious mischief or by any other cause of whatever nature unless caused by or due to the gross negligence of Landlord, its agents or employees, and then only after (x) notice to Landlord of the condition claimed in writing and (y) the expiration of a reasonable time after such notice has been received by Landlord and without Landlord having taken all reasonable and practicable means to cure or correct such conditions; and pending such cure or correction by Landlord, Tenant shall take all reasonably prudent temporary measures and safeguards to prevent any injury, loss or damage to persons or property. No penalty shall accrue for delays which may arise by reason of adjustment of fire insurance on the part of Landlord or Tenant, or Unavoidable DelaysForce Majeure, in connection with any repair or restoration of any portion of the Premises or of the BuildingsBuilding. Landlord shall use reasonable efforts to minimize interference with Tenant’s use and occupancy of the Premises during the performance of any such repair or restoration; , provided, however, Landlord shall have no obligation to employ contractors or labor at overtime or other premium pay rates or to incur any other overtime costs or additional expenses whatsoever. Nothing in this Section 14.7 19.08 shall affect any right of Landlord to be indemnified by Tenant under Article 32 Section 17.02 for payments made to compensate for losses of third parties.

Appears in 1 contract

Samples: MF Global Ltd.

LANDLORD'S LIABILITY. Any Buildings’ employee to whom any property shall be entrusted by or on behalf of Tenant shall be deemed to be acting as Tenant’s agent with respect to such property and neither Landlord nor any of the Indemnitees shall be liable for any damage to such property, or for the loss of or damage to any property of Tenant by theft or otherwise. None of the Indemnitees shall be liable for any injury or damage to persons or property or interruption of Tenant’s business resulting from fire or other casualty, any damage caused by other tenants or persons in the Buildings or by construction of any private, public or quasi-public work, or any latent defect in the Premises or in the Buildings (except that Landlord shall be required to repair the same to the extent provided in Article 7). No penalty shall accrue for delays which may arise by reason of adjustment of fire insurance on the part of Landlord or Tenant, or Unavoidable Delays, in connection with any repair or restoration of any portion of the Premises or of the Buildings. Landlord shall use reasonable efforts to minimize interference with TenantXxxxxx’s use and occupancy of the Premises during the performance of any such repair or restoration; provided, however, Landlord shall have no obligation to employ contractors or labor at overtime or other premium pay rates or to incur any other overtime costs or additional expenses whatsoever. Nothing in this Section 14.7 shall affect any right of Landlord to be indemnified by Tenant under Article 32 for payments made to compensate for losses of third parties.

Appears in 1 contract

Samples: Lease (MSGE Spinco, Inc.)

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