Carbonite 2011 Annual Report Download - page 135

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15.3 Limitations on Tenant’s Liability.
15.3.1 Liability of Certain Members of the Tenant Group . In no event shall Tenant’s directors, officers, shareholders, members,
employees, constituent partners, or Tenant Affiliates have any personal liability or personal responsibility of any sort with respect to any of Tenant’s
obligations under the Lease
15.3.2 Tenant’s Liability Cap.
The collective recourse of Landlord and its successors and assigns against Tenant (and the liability of Tenant to Landlord, its successors and
assigns) with respect to (a) any actual or alleged breach or breaches by or on the part of Tenant of any of its obligations under the Lease, and (b) any
other matter relating to Tenant’s occupancy of the Tenant Space, shall be limited, in the aggregate, solely to an amount equal to Five Million
($5,000,000.00) Dollars, provided that the limitations on Tenant’s liability set forth in this Section 15.3.2 not apply to: (i) rent payments due under the
Lease, (ii) claims arising from breach of Tenant’s obligations with respect to hazardous materials, and (iii) claims based upon claims of third parties for
injuries to persons or damages to physical property to the extent based upon the negligence or willful misconduct of Tenant Parties.
16.1 Landlord Default; Tenant’s Remedies .
16.1.1 Landlord Default . It shall constitute a Landlord Default if: (a) Landlord shall fail to perform or observe any of Landlord’s Lease
Undertakings, and (b) such failure continues for a period of twenty (20) days following written notice to Landlord of such failure; provided, however,
that in the event that Landlord’s failure to perform or observe any of Landlord’
s Lease Undertakings cannot reasonably be cured within twenty (20) days
following written notice to Landlord, such failure to cure shall not be a Landlord Default if Landlord commences its cure within such twenty (20) day
period and thereafter diligently prosecutes the curing thereof to completion.
16.1.2 Tenant’s Remedies . Except as otherwise expressly provided herein, (a) in the event of any Landlord Default, Tenant’s sole and
exclusive remedies for any such failure shall be an action for money damages, specific performance and/or injunctive relief, and (b) in no event shall
Tenant have the right to terminate the Lease nor shall Tenant’s obligation to pay Base Rent or other charges under this Lease abate based upon any
default by Landlord of its obligations under the Lease. In that connection, Tenant hereby expressly waives any right conveyed to Tenant by virtue of any
law granting Tenant a lien upon the property of Landlord and/or upon rental due to Landlord or granting Tenant a right to withhold Rent and/or
terminate this Lease.
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35
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16.
LANDLORD
’
S LIABILITY
.