Common use of Lessor's Default Clause in Contracts

Lessor's Default. Any damages or judgments arising out of Lessor's default of its obligations under this Lease shall be satisfied only out of Lessor's interest and estate in the Industrial Center, and Lessor shall have no personal liability beyond such interest and estate with respect to such damages or judgments.

Appears in 2 contracts

Sources: Lease (Vans Inc), Lease Agreement (Big Dog Holdings Inc)

Lessor's Default. Any damages or judgments arising out of Lessor's default of its obligations under this Lease shall be satisfied only out of Lessor's interest and estate in the Industrial CenterPremises, and Lessor shall have no personal liability beyond such interest and estate with respect to such damages or judgments.

Appears in 2 contracts

Sources: Standard Industrial Lease (Brake Headquarters U S a Inc), Lease (Fusion Medical Technologies Inc)

Lessor's Default. Any damages or judgments arising out of Lessor's default of its obligations under this Lease shall be satisfied only out of Lessor's interest and estate in the Industrial Center, and Lessor shall have no personal liability beyond such interest and estate with respect to such damages or judgments.in

Appears in 1 contract

Sources: Lease (Vans Inc)