Common use of Additional Insureds and Waiver Clause in Contracts

Additional Insureds and Waiver. Each Party and its affiliates shall be named as additional insureds on the general liability insurance policies obtained in accordance with Section 10.1, above, as regards liability under this Agreement; and each Party shall waive its rights of recovery against the other for any loss or damage covered by such policy.

Appears in 2 contracts

Samples: Asset Purchase and Sale Agreement (Potomac Electric Power Co), Asset Purchase and Sale Agreement (Southern Energy Inc)

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Additional Insureds and Waiver. Each Party and its affiliates shall be named as additional insureds on the general liability insurance policies obtained in accordance with Section 10.17.4, above, as regards liability under this Agreement; and each general liability insurance policy shall contain a waiver of subrogation and each Party shall waive its rights of recovery against the other for any loss or damage covered by such policy.

Appears in 2 contracts

Samples: Asset Purchase and Sale Agreement (Southern Energy Inc), Asset Purchase and Sale Agreement (Potomac Electric Power Co)

Additional Insureds and Waiver. Each Party and its affiliates shall be named as additional insureds on the general liability insurance policies obtained in accordance with Section 10.1, above, as regards liability under this Agreement; and 215 each Party shall waive its rights of recovery against the other for any loss or damage covered by such policy.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Southern Energy Inc)

Additional Insureds and Waiver. Each Party and its affiliates shall be named as additional insureds on the general liability insurance policies obtained in accordance with Section 10.17.4, above, as regards liability under this Agreement; and each general liability insurance policy shall contain a waiver of subrogation and each Party shall waive its rights of recovery against the other for any loss or damage covered by such policy.. 8. MISCELLANEOUS 8.1

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Potomac Electric Power Co)

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Additional Insureds and Waiver. Each Party and its affiliates ------------------------------ shall be named as additional insureds on the general liability insurance policies obtained in accordance with Section 10.17.4, above, as regards liability under this Agreement; and each general liability insurance policy shall contain a waiver of subrogation and each Party shall waive its rights of recovery against the other for any loss or damage covered by such policy.

Appears in 1 contract

Samples: Easement, License and Attachment Agreement (Mirant Mid Atlantic LLC)

Additional Insureds and Waiver. Each Party and its affiliates ------------------------------ shall be named as additional insureds on the general liability insurance policies obtained in accordance with Section 10.1, above, as regards liability under this Agreement; and each Party shall waive its rights of recovery against the other for any loss or damage covered by such policy.

Appears in 1 contract

Samples: Interconnection Agreement (Mirant Mid Atlantic LLC)

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