Building Assets definition
Examples of Building Assets in a sentence
For the realization of any claims against Landlord arising under this Lease or proceeds therefrom (e.g. condemnation proceeds, insurance proceeds, or rent) (the "Building Assets") for the satisfaction of such obligations and not against the other assets of Landlord or its Beneficial Owners.
For the realization of any claims against Landlord arising under this Lease, Tenant shall have recourse only to the assets of Landlord which are real property subject to this Lease or proceeds therefrom (e.g. condemnation proceeds, insurance proceeds, or rent) ( the "Building Assets") for the satisfaction of such obligations and not against the other assets of Landlord or its Beneficial Owners.
Except to the extent of Landlord’s interests in the Building Assets, either Landlord nor any of Landlord’s Agents shall have any personal liability in the event of any claim against Landlord arising out of or in connection with this Lease, the relationship of Landlord and Tenant or Tenant’s use of the Premises.
Tenant shall have recourse only to the assets of Landlord which are real property subject to this Lease or proceeds therefrom (e.g; condemnation --- proceeds, insurance proceeds, or rent) (the "Building Assets") for the satisfaction of such obligations and not against the other assets of Landlord or its Beneficial Owners.