Common use of LESSOR'S LIABILITY Clause in Contracts

LESSOR'S LIABILITY. If Lessor shall be in default under this Lease and, if as a consequence of such default, Lessee shall recover a money judgment against Lessor, such judgment shall be satisfied only out of the right, title and interest of Lessor in the building as the same may then be encumbered and neither Lessor nor any person or entity comprising Lessor shall be liable for any deficiency. In no event 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 building as herein expressly provided.

Appears in 11 contracts

Samples: Lease Agreement (Mathstar Inc), Lease Agreement (Teraforce Technology Corp), Lease Agreement (Performance Printing Corp)

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LESSOR'S LIABILITY. If Lessor shall be in default under this Lease and, if as a consequence of such default, Lessee shall recover a money judgment against Lessor, such judgment shall be satisfied only out of the right, title title, and interest of Lessor in the building Property as the same may then be encumbered and neither Lessor nor any person or entity comprising Lessor shall be liable for any deficiency. In no event 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 building Property as herein expressly provided.

Appears in 4 contracts

Samples: Office Lease Agreement (Titan Exploration Inc), Office Lease (Vista Energy Resources Inc), Office Lease Agreement (Pure Resources Inc)

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

Appears in 2 contracts

Samples: New Era of Networks Inc, New Era of Networks Inc

LESSOR'S LIABILITY. If It Lessor shall be in default under this Lease and, if as a consequence of such default, Lessee shall recover a money judgment against Lessor, Lessor such judgment shall be satisfied only out of the right, title and interest of Lessor in the building as the same may then be encumbered and neither Lessor nor any person or entity comprising Lessor shall be liable for any deficiency. In no event 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 building as herein expressly provided.

Appears in 1 contract

Samples: Lease Agreement (Industrial Data Systems Corp)

LESSOR'S LIABILITY. If Lessor shall be in default under this Lease and, if as a consequence of such default, Lessee shall recover a money judgment against Lessor, such judgment shall be satisfied only out of the right, title and interest of Lessor in the building as the same may then be encumbered and neither Lessor nor any person or entity comprising Lessor shall be liable for any deficiency. In no event 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 building buildings as herein expressly provided.

Appears in 1 contract

Samples: Lease Agreement (Learningstar Inc)

LESSOR'S LIABILITY. If Lessor shall be in default under this Lease and, if as a consequence of such default, Lessee shall recover a money judgment against Lessor, such judgment shall be satisfied only out of the right, title and interest of Lessor in the building Building and the Land as the same may then be encumbered and neither Lessor nor any person or entity comprising Lessor shall be liable for any deficiency. In no event 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 building Building and Land as herein expressly provided.

Appears in 1 contract

Samples: Radiant Lease Agreement (Radiant Systems Inc)

LESSOR'S LIABILITY. If Lessor shall be in default under this Lease and, if as a consequence of such default, Lessee shall recover a money judgment judgement against Lessor, such judgment shall be satisfied only out of the right, title and interest of Lessor in the building as the same may then be encumbered and neither Lessor nor not any person or entity comprising that comprises Lessor shall be liable for any deficiency. In no event 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 building as herein expressly provided.

Appears in 1 contract

Samples: Lease Agreement (Bollinger Industries Inc)

LESSOR'S LIABILITY. If Lessor shall be in default under this Lease and, if as a consequence of such default, Lessee shall recover a money judgment against Lessor, such judgment shall be satisfied only out of the right, title and interest of Lessor in the building Building as the same may then be encumbered and identifiable rents, profits and proceeds therefrom and neither Lessor nor any person or entity comprising Lessor shall be liable for any deficiency. In no event shall Lessee have the right to levy execution against any property of Lessor nor any person property or entity comprising Lessor other than its interest in the building Building as herein expressly provided.

Appears in 1 contract

Samples: Lease Agreement (Alliance Data Systems Corp)

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LESSOR'S LIABILITY. If Lessor shall be in default under this Lease and, if as a consequence of such default, Lessee shall recover a money judgment against Lessor, such judgment shall be satisfied only out of the rightright title, title and interest of Lessor in the building Property as the same may then be encumbered and neither Lessor nor any person or entity comprising Lessor shall be liable for any deficiency. In no event 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 building Property as herein expressly provided.

Appears in 1 contract

Samples: Lease Agreement (Diamondback Energy, Inc.)

LESSOR'S LIABILITY. If Lessor shall be in default under this Lease and, if as a consequence of such default, Lessee shall recover a money judgment against Lessor, such judgment shall be satisfied only out of the right, title and interest of Lessor in the building as the same may then be encumbered and neither Lessor nor any person or entity comprising Lessor shall be liable for any deficiency. In no event 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 building as herein expressly provided.any

Appears in 1 contract

Samples: Lease Agreement (Spacehab Inc \Wa\)

LESSOR'S LIABILITY. If Lessor shall be in default under this Lease and, if as a consequence of such default, Lessee shall recover a money judgment against Lessor, Lessor such judgment shall be satisfied only out of the right, title and interest of Lessor in the building as the same may then them be encumbered and neither Lessor nor not any person or entity comprising Lessor shall be liable for any deficiency. In no event shall Lessee have the right to levy execution against agents any property of Lessor nor any person or entity comprising Lessor other than its interest in the building as herein expressly provided.

Appears in 1 contract

Samples: Lease Agreement (Electric Fuel Corp)

LESSOR'S LIABILITY. If Lessor shall be in default under this Lease and, if as a consequence of such default, Lessee shall recover a money judgment against Lessor, Lessor such judgment shall be satisfied only out of the right, title and interest of Lessor in the building as the same may then be encumbered and neither Lessor nor any person or entity comprising Lessor shall be liable for any deficiency. In no event 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 building as herein expressly provided.

Appears in 1 contract

Samples: Commercial Lease Agreement (Hathaway Corp)

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

Appears in 1 contract

Samples: Lease Agreement (Community Financial Group Inc)

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