Limitation on Liability Clause Example with 7 Variations from Business Contracts

This page contains Limitation on Liability clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Limitation on Liability. The obligations of Lessor under this Lease shall not constitute personal obligations of Lessor or its partners, members, directors, officers or shareholders, and Lessee shall look to the Premises, and to no other assets of Lessor, for the satisfaction of any liability of Lessor with respect to this Lease, and shall not seek recourse against Lessor's partners, members, directors, officers or shareholders, or any of their personal assets for such satisfaction.

Variations of a "Limitation on Liability" Clause from Business Contracts

Limitation on Liability. The obligations of Lessor under this Lease shall not constitute personal obligations of Lessor Lessor, or its partners, members, directors, officers or shareholders, and Lessee shall look to the Premises, and to no other assets of Lessor, for the satisfaction of any liability of Lessor with respect to this Lease, and shall not seek recourse against Lessor's partners, members, directors, officers or shareholders, or any of their personal assets for such satisfaction. PAGE 13 OF 17 INITIALS INITIA...LS ©1998 - AIR COMMERCIAL REAL ESTATE ASSOCIATION FORM MTG-11-03/10E 21. Time of Essence. Time is of the essence with respect to the performance of all obligations to be performed or observed by the Parties under this Lease. View More
Limitation on Liability. The obligations of Lessor under this Lease shall not constitute personal obligations of Lessor or its partners, members, directors, officers or shareholders, and Lessee shall look to the Premises greater of (i) the interest of Lessor in the Premises, or (ii) the equity interest Lessor would have if the Premises were encumbered by third party debt in an amount equal to 80% of the value of the Premises, and to no other assets of Lessor, for the satisfaction of any liability of Lessor with respect ...to this Lease, and shall not seek recourse against Lessor's partners, members, directors, officers or shareholders, or any of their personal assets for such satisfaction. View More
Limitation on Liability. The obligations of Lessor under this Lease shall not constitute personal obligations of Lessor Lessor, or its partners, members, directors, officers or shareholders, and Lessee shall look to the Premises, and to no other assets of Lessor, for the satisfaction of any liability of Lessor with respect to this Lease, and shall not seek recourse against Lessor's partners, members, directors, officers or shareholders, or any of their personal assets for such satisfaction. /s/ DH /s/ AH INITIALS INITIA...LS 21. Time of Essence. Time is of the essence with respect to the performance of all obligations to be performed or observed by the Parties under this Lease. View More
Limitation on Liability. The obligations of Lessor under this Lease shall not constitute personal obligations of Lessor Lessor, or its partners, members, directors, officers or shareholders, and Lessee shall look to the Premises, Premises (and the proceeds derived therefrom by Lessor), and to no other assets of Lessor, for the satisfaction of any liability of Lessor with respect to this Lease, and shall not seek recourse against Lessor's partners, members, directors, officers or shareholders, or any of their personal as...sets for such satisfaction. See Section 69 of the Addendum. View More
Limitation on Liability. The obligations of Lessor under this Lease shall not constitute personal obligations of Lessor or its partners, members, directors, officers or shareholders, and Lessee shall look to the Premises, Project (including any rents, profits or proceeds therefrom), and to no other assets of Lessor, for the satisfaction of any liability of Lessor with respect to this Lease, and shall not seek recourse against Lessor's partners, members, directors, officers or shareholders, or any of their personal asset...s for such satisfaction. View More
Limitation on Liability. The obligations of Lessor under this Lease shall not constitute personal obligations of Lessor or its partners, members, directors, officers or shareholders, and Lessee shall look to the Premises, Premises Project and all rents, income, profits, and proceeds derived therefrom, and to no other assets of Lessor, for the satisfaction of any liability of Lessor with respect to this Lease, and shall not seek recourse against Lessor's partners, members, directors, officers or shareholders, or any of t...heir personal assets for such satisfaction. View More
Limitation on Liability. The obligations of Lessor under this Lease shall not constitute personal obligations of Lessor or its partners, members, directors, officers or shareholders, and Lessee shall look to Lessor's interest in the Premises, and any sales proceeds therefrom, and to no other assets of Lessor, for the satisfaction of any liability of Lessor with respect to this Lease, and shall not seek recourse against Lessor's partners, members, directors, officers or shareholders, or any of their personal assets for s...uch satisfaction. View More