Common use of LESSOR'S LIABILITY Clause in Contracts

LESSOR'S LIABILITY. If Lessor is in default under this Lease and, if as a consequence of such default, Lessee recovers a money judgment against Lessor, such judgment may be satisfied only out of the right, title and interest of Lessor in the Leased Premises as the same may then be encumbered and neither Lessor nor any person or entity comprising Lessor has any liability for any deficiency. In no event does Lessee have the right to levy execution against any property of Lessor nor any person or entity comprising Lessor other than its interest in the Leased Premises as herein expressly provided.

Appears in 8 contracts

Samples: Lease Agreement (Gevo, Inc.), Commercial Lease (American Caresouce Holdings, Inc.), Lease Agreement (Gevo, Inc.)

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LESSOR'S LIABILITY. If Lessor is shall be in default under this Lease and, if as a consequence of such default, Lessee recovers shall recover a money judgment against Lessor, such judgment may shall be satisfied only out of the right, title and interest of Lessor in the Leased Premises leased premises as the same may then be encumbered and neither Lessor nor any person or entity comprising Lessor has any liability shall be liable for any deficiency. In no event does shall Lessee have the right to levy execution against any property of Lessor nor any person or entity comprising Lessor other than its interest in the Leased Premises leased premises as herein expressly provided.

Appears in 1 contract

Samples: Basic Lease Terms (Gulfstream Aerospace Corp)

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LESSOR'S LIABILITY. If Lessor is shall be in default under this Lease andLease, and if as a consequence of such default, Lessee recovers shall receive a money judgment against Lessor, such judgment may shall be satisfied only out of the right, title and interest of Lessor in the Leased Premises Premises, as the same may then be encumbered encumbered, and neither Lessor nor any person or entity comprising Lessor has any liability shall be liable for any deficiency. In no event does shall Lessee have the right to levy execution against any property of Lessor Lessor, nor any person or entity comprising Lessor Lessor, other than its interest contract in the Leased Premises as herein expressly provided.

Appears in 1 contract

Samples: Lease Agreement (Medicore Inc)

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