Common use of Nonrecourse Lease Clause in Contracts

Nonrecourse Lease. Tenant shall look only to Landlord’s estate and property in the Land and the Building (or the proceeds thereof) for the satisfaction of Tenant’s remedies for the collection of a judgment (or other judicial process) requiring the payment of money by Landlord in the event of any default by Landlord hereunder, and no other property or assets of Landlord or its partners or principals, disclosed or undisclosed, shall be subject to levy, execution or other enforcement procedure for the satisfaction of Tenant’s remedies under or with respect to this Lease.

Appears in 2 contracts

Sources: Lease Amendment (Mathstar Inc), Office Lease Agreement (Mathstar Inc)

Nonrecourse Lease. Tenant shall look only to Landlord’s 's estate and property in the Land and the Building (or the proceeds thereof) for the satisfaction of Tenant’s 's remedies for the collection of a judgment (or other judicial process) requiring the payment of money by Landlord in the event of any default by Landlord hereunder, and no other property or assets of Landlord or its partners or principals, disclosed or undisclosed, shall be subject to levy, execution or other enforcement procedure for the satisfaction of Tenant’s 's remedies under or with respect to this Lease, the relationship of Landlord and Tenant hereunder or Tenant's use or occupancy of the Premises.

Appears in 2 contracts

Sources: Lease Agreement (Planar Systems Inc), Lease Agreement (Webridge Inc)

Nonrecourse Lease. Tenant shall look only to Landlord’s 's estate and property in the Land and the Building (or the proceeds thereof) for the satisfaction of Tenant’s 's remedies for the collection of a judgment (or other judicial process) process requiring the payment of money by Landlord in the event of any default by Landlord hereunder, and no other property or assets of Landlord or its partners or principals, disclosed or undisclosed, shall be subject to levy, execution or other enforcement procedure for the satisfaction of Tenant’s 's remedies under or with respect to this Lease, the relationship of landlord and Tenant hereunder or Tenant's use or occupancy of the Premises.

Appears in 1 contract

Sources: Sublease Agreement (Webridge Inc)

Nonrecourse Lease. Tenant shall look only to Landlord’s 's estate and ----------------- property in the Land and the Building (or the proceeds thereof) for the satisfaction of Tenant’s ▇▇▇▇▇▇'s remedies for the collection of a judgment (or other judicial process) requiring the payment of money by Landlord in the event of any default by Landlord hereunder, and no other property or assets of Landlord or its partners or principals, disclosed or undisclosed, shall be subject to levy, execution or other enforcement procedure for the satisfaction of Tenant’s ▇▇▇▇▇▇'s remedies under or with respect to this Lease, the relationship of Landlord and Tenant hereunder or ▇▇▇▇▇▇'s use or occupancy of the Premises.

Appears in 1 contract

Sources: Lease Agreement (Inflow Inc)

Nonrecourse Lease. Tenant shall look only to Landlord’s estate and property in the Land and the Building (or the proceeds thereof) for the satisfaction of Tenant’s remedies for the collection of a judgment (or other judicial process) requiring the payment of money by Landlord in the event of any default by Landlord hereunder, and no other property or assets of Landlord or its partners or principals, disclosed or undisclosed, shall be subject to levy, execution or other enforcement procedure for the satisfaction of Tenant’s remedies under or with respect to this Lease, the relationship of Landlord and Tenant hereunder or Tenant’s use or occupancy of the Premises.

Appears in 1 contract

Sources: Lease Agreement (Summit Semiconductor Inc.)

Nonrecourse Lease. Tenant shall look only to Landlord’s 's estate and property in the Land and the Building (or the proceeds thereof) for the satisfaction of Tenant’s 's remedies for the collection of a judgment (or other judicial process) requiring the payment of money by Landlord in the event of any default by Landlord hereunder, and no other property or assets of Landlord or its partners or principals, disclosed or undisclosed, shall be subject to levy, execution or other enforcement procedure for the satisfaction of Tenant’s 's remedies under or with respect to this Lease, the relationship of Landlord and Tenant hereunder or Tenant's use or occupancy of the Premises.

Appears in 1 contract

Sources: Lease Agreement (Webtrends Corp)

Nonrecourse Lease. Tenant shall look only to Landlord’s 's estate ----------------- and property in the Land and the Building (or the proceeds thereof) for the satisfaction of Tenant’s 's remedies for the collection of a judgment (or other judicial process) requiring the payment of money by Landlord in the event of any default by Landlord hereunder, and no other property or assets of Landlord or its partners or principals, disclosed or undisclosed, shall be subject to levy, execution or other enforcement procedure for the satisfaction of Tenant’s 's remedies under or with respect to this Lease, the relationship of Landlord and Tenant hereunder or Tenant's use or occupancy of the Premises.

Appears in 1 contract

Sources: Lease Agreement (Virtual Mortgage Network Inc)

Nonrecourse Lease. Tenant shall look only to Landlord’s 's estate ----------------- and property in the Land and the Building (or the proceeds thereof) for the satisfaction of Tenant’s ▇▇▇▇▇▇'s remedies for the collection of a judgment (or other judicial process) requiring the payment of money by Landlord in the event of any default by Landlord hereunder, and no other property or assets of Landlord or its partners or principals, disclosed or undisclosed, shall be subject to levy, execution or other enforcement procedure for the satisfaction of Tenant’s ▇▇▇▇▇▇'s remedies under or with respect to this Lease, the relationship of Landlord and Tenant hereunder or ▇▇▇▇▇▇'s use or occupancy of the Premises.

Appears in 1 contract

Sources: Lease Agreement (Colorado Business Bankshares Inc)

Nonrecourse Lease. Tenant shall look only to Landlord’s 's estate and ----------------- property in the Land and the Building (or the proceeds thereof) for the satisfaction of Tenant’s 's remedies for the collection of a judgment (or other judicial process) requiring the payment of money by Landlord in the event of any default by Landlord hereunder, and no other property or assets of Landlord or its partners or principals, disclosed or undisclosed, shall be subject to levy, execution or other enforcement procedure for the satisfaction of Tenant’s 's remedies under or with respect to this Lease, the relationship of Landlord and Tenant hereunder or Tenant's use or occupancy of the Premises.

Appears in 1 contract

Sources: Lease Agreement (Preview Systems Inc)