Common use of Limitation on Liability of Landlord Clause in Contracts

Limitation on Liability of Landlord. If Landlord shall fail to perform any covenant, term or condition of this Lease upon Landlord's part to be performed, and if as a consequence of such default, Tenant shall recover a money judgment against Landlord, such judgment shall be satisfied only out of the proceeds of sale received upon execution of such judgment and levied thereon against the right, title and interest of Landlord in the Shopping Center and out of rents or other income from such property received by Landlord, or out of the consideration received by Landlord from the sale or other disposition of or on any part of Landlord's right, title and interest in the Shopping Center, and Landlord shall not be liable for any deficiency.

Appears in 4 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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