1992 002 Ordinance - Laserfiche WebLink

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14. Loss or Damage to Licensees' Property: All trade fixtures, equipment, personal property belonging to Licensees, or Licensees' agents and employees, including but not limited to the Communications Equipcm?nt located in or about the Premises shall be at the sole risk of Licensees, and Licensor shall not be liable for the theft or misappropriation, nor for any damage or injury, nor for any damage or injury to Licensees, or any of Licensees' officers, agents, employees, licensees or guests, or to other persons or to any property caused by fire, explosion, wind, water, rain, snow, frost, steam, gas, electricity, and acts of God, heat or cold, dampness, falling plaster and/or ceilings, sewers or sewage odors, noise, leaks from any part of said building or by the bursting or leaking of pipes, plumbing, electrical wiring and equipment and fixtures of alI kinds, or by any act or neglect of any other tenant or of any person. 15. No Personal Liability: Notwithstanding anything to the contrary contained in this Agreement, it is expressly understood and agreed, such understanding and agreement being a significant and material inducement to the execution of this Agreement by Licensor, that (i) there shall be absolutely no personal liability of whatever nature imposed upon Licensor or Licensor's heirs, personal representatives, successors and assigns, or upon any partner of Licensor, with respect to any terms, covenants or conditions of this Agreement, (ii) in the event that Licensor shall commit a default or breach of any of the terms, covenants or conditions hereof and Licensees shall obtain a judgment against Licensor for such default or breach, Licensees' sole exclusive remedy for the enforcement and collection of such judgment shall be the institution of foreclosure or other appropriate execution proceedings solely against the assets of Licensor, and (iii) regardless of whether or not the proceedings described in "(ii)" immediately above shall result in a [7]