Common use of Liability of Seller Clause in Contracts

Liability of Seller. It is hereby expressly agreed that any liability by Seller arising hereunder, for any reason whatsoever, shall be limited to Seller's interests in and to the Property and any proceeds received therefrom. It is further hereby expressly agreed that in no event shall any officer, director, employee, agent or representative of Seller have any personal liability in connection with this Agreement or the transaction envisioned herein.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hancock John Financial Services Inc)

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Liability of Seller. It is hereby expressly agreed that any liability by Seller arising hereunder, for any reason whatsoever, shall be limited to Seller's ’s interests in and to the Property and any or the proceeds received therefromof the sale thereof, except as otherwise provided with respect to the indemnities set forth herein. It is further hereby expressly agreed that in no event shall any shareholder, officer, director, employee, agent or representative of Seller have any personal liability in connection with this Agreement or the transaction envisioned herein.

Appears in 1 contract

Samples: Hotel Purchase and Sale Agreement (DiamondRock Hospitality Co)

Liability of Seller. It is hereby expressly agreed that any liability by Seller arising hereunder, for any reason whatsoever, shall be limited to Seller's interests in and to the Property and any proceeds received therefromProperty. It is further hereby expressly agreed that in no event shall any officer, director, employee, agent or representative of Seller have has any personal liability in connection with this Agreement or the transaction envisioned herein.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Behringer Harvard Reit I Inc)

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Liability of Seller. It is hereby expressly agreed that any liability by of Seller arising hereunderhereunder prior to Closing, for any reason whatsoever, shall be limited to Seller's ’s interests in and to the Property and any proceeds received therefromProperty. It is further hereby expressly agreed that in no event shall any officer, director, employee, agent or representative of Seller have any personal liability in connection with this Agreement or the transaction envisioned herein.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Maxus Realty Trust Inc.)

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