Liability of Licensor Sample Clauses

Liability of Licensor. If Licensor is found by a court of law to have failed to perform its obligations in accordance with any of the provisions of this Agreement, any money judgment resulting from such failure shall be satisfied only out of Licensor’s interest in the Premises, and Licensor, Manager, and their respective directors, employees, agents or principals, shall have no personal liability hereunder. Furthermore, none of the foregoing parties shall be subject to levy, attachment, or execution, or otherwise sued to satisfy any such judgment. Licensee hereby waives any right to satisfy a judgment against Licensor except from Licensor’s interest in the Premises. The term “Licensor”, as used in this paragraph, shall mean only the Licensor at the time in question of the fee title or interest in a ground lease of the Premises, and in the event of any transfer of such title or interest, Licensor herein named (and in case of any subsequent transfers, the then grantor) shall be relieved from and after the date of such transfer of all liability with respect to Licensor’s obligations thereafter to be performed.
AutoNDA by SimpleDocs
Liability of Licensor. The Licensor shall not be liable for any property on the premises damaged by gas, water, steam, rain or snow which may leak, issue or flow into the premises from the building of which the premises forms part and shall not be liable for any injury to the Licensee or other occupants of the premises resulting from their stepping or falling on water, snow or ice in or about the building of which the premises form part unless such injury happened by reason of the negligence of the Licensor, its employees or agents, nor shall the Licensor be liable for damage to property in or about the premises arising from fire within or without the building of which the premises form part or, from heat or smoke or water resulting from such fire unless damage happened by reason of the negligence of the Licensor, its employees or agents. The Licensor shall not be liable for any damage or loss howsoever caused to any goods or property belonging to or held by the Licensee, their guests or invitees, stored in community storage areas either within or without the premises or in any compound enclosure or other area designated for such storage.
Liability of Licensor. 6.1 Licensor’s liability for damages is exclusively governed by Licensor’s General Terms and Conditions.
Liability of Licensor. 8.1 The Licensee acknowledges that the Licensor does not in any way warrant the accuracy or completeness of the Data, and Licensor shall not be liable for any loss or damage howsoever arising out of or in connection with this Licence (or the QuickAddress Licence of which it forms part) or its termination.
Liability of Licensor. LICENSOR shall not be subject to recourse liability in respect of any provisions of this Agreement. The LICENSEE shall look solely to the equity of LICENSOR in the Building and the rents, issues, and profits derived therefrom for the satisfaction of the remedies of LICENSEE hereunder. It is mutually agreed that this clause is and shall be considered an integral part of this Agreement. Such exculpation of personal liability is absolute and without any exception whatsoever.
Liability of Licensor. (1) Licensor shall have unlimited liability in the event of intent and gross negligence of Licensor or Licensor’s agents; in all other respects, liability shall be limited and/or excluded in accordance with the following provisions.
Liability of Licensor a) The Licensor agrees to maintain the Mooring Facilities according to RMS requirements, including servicing the Mooring Facility on an annual basis, and
AutoNDA by SimpleDocs
Liability of Licensor. 23. The Provider is not responsible for the unavailability of Pinf Hry because of an Internet connection failure. Also, it is not responsible for the loss of user and acquirer's data.
Liability of Licensor. If Parent or any Licensor breaches its obligations under any License, the Licensee’s sole remedy will be to receive damages equal to the difference between the Licensee’s cost of securing comparable space for the balance of the Term for such Licensed Premises less the amount which would otherwise have been payable under this License, with respect to the Licensed Premises; except that: (a) nothing in this License will be construed to alter commitments made in the Separation Agreement or the Transaction Agreement; (b) if Licensee’s rights to the Licensed Premises are terminated as the result of Parent’s default under any Prime Lease, then Parent will also be liable to Licensee for relocation expenses and damages resulting from the interruption of Licensee’s business operations; and (c) the limitations of Licensor’s liability pursuant to this Article 12 will not apply to limit liabilities arising pursuant to Section 8.2, or resulting from Licensor’s breach of the indemnity obligations in Section 8.2.
Liability of Licensor. Section 18.1 Licensor and Licensor Parties shall not be liable to Licensee for any injury or damage to persons or property, any loss or claim, or any interruption of Licensee’s operations or use of the Licensed Space EVEN IF CAUSED IN WHOLE OR IN PART BY THE NEGLIGENCE OF LICENSOR OR LICENSOR PARTIES unless any such injury, damage, loss, claim or interruption is due to Licensor’s gross negligence or willful misconduct. If there is any interruption of Licensee’s operations or use of the Licensed Space, then Licensee shall give Licensor written notice thereof and a reasonable opportunity to correct such condition (which shall, in no case, be less than thirty (30) days), and in the interim Licensee agrees that it shall not claim that it has been constructively evicted or is entitled to an abatement of the License Fee. To the extent permitted by applicable law, Licensee waives any right of offset against Licensee’s fee obligations that may be provided by any statute or rule of law in connection with Licensor’s duties under this Agreement.
Time is Money Join Law Insider Premium to draft better contracts faster.