Limitation of trustees’ liability clause—lease and agreement for sale

The following Property precedent provides comprehensive and up to date legal information covering:

  • Limitation of trustees’ liability clause—lease and agreement for sale

Limitation of trustees’ liability clause—lease and agreement for sale

Limitation of trustees’ liability—lease clauses

Trustees means the persons named as [Landlord OR Tenant] in this lease and any person appointed as trustee of [name of trust or charity] from time to time.

    1. 1

      The liability of the Trustees for the time being in respect of any breach by the [Landlord OR Tenant] of any of the [Landlord’s OR Tenant’s] obligations under this lease is limited in amount to the realisable value of the assets of the [name of trust or charity] for the time being vested in the Trustees.

    1. 2

      Nothing contained in this lease entitles the [Landlord OR Tenant] to any right or remedy against:

      1. 2.1

        the

Popular documents