Common use of Allocation of Risks Clause in Contracts

Allocation of Risks. The parties desire, to the extent permitted by law, to allocate certain risks of personal injury, bodily injury and property damage, and risks of loss of real or personal property by reason of fire, explosion or other casualty, and to provide for the responsibility for insuring those risks. It is the intent of the parties that, to the extent any event is insured for or required herein to be insured for, any loss, cost, damage or expense arising from such event, including, without limitation, the expense of defense against claims or suits, be covered by insurance, without regard to the fault of Lessee, its officers, employees or agents ('Lessee Protected Parties'), and without regard to the fault of Lessor, its respective partners, shareholders, members, agents, directors, officers and employees ('Lessor Protected Parties'). As between Lessor Protected Parties and Lessee Protected Parties, such risks are allocated as follows:

Appears in 3 contracts

Samples: Lease (Spartan Stores Inc), Lease (Spartan Stores Inc), Lease (Spartan Stores Inc)

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Allocation of Risks. The parties desire, to the extent permitted by law, to allocate certain risks of personal injury, bodily injury and or property damage, and risks of loss of real or personal property by reason of fire, explosion or other casualty, and to provide for the responsibility for insuring those risks. It is the intent of the parties that, to the extent any event is insured for or required herein to be insured for, any loss, cost, damage or expense arising from such event, including, without limitation, the expense of defense against claims or suits, be covered by paid out of insurance, without regard to the fault of LesseeTenant, its officers, employees or agents ('Lessee "Tenant Protected Parties'"), and without regard to the fault of LessorLandlord, its respective partners, shareholders, members, agents, directors, officers and employees ('Lessor "Landlord Protected Parties'"). As between Lessor Landlord Protected Parties and Lessee Tenant Protected Parties, such risks are allocated as follows:

Appears in 1 contract

Samples: Lease Agreement (Datametrics Corp)

Allocation of Risks. The parties desire, to the extent permitted by law, to allocate certain risks of personal injury, bodily injury and or property damage, and risks of loss of real or personal property by reason of fire, explosion or other casualty, and to provide for the responsibility for insuring those risks. It is the intent of the parties that, to the extent any event is insured for or required herein to be insured for, any loss, cost, damage or expense arising from such event, including, without limitation, the expense of defense against claims or suits, be covered by insurance, without regard to the fault of LesseeTenant, its officers, employees or agents ('Lessee "Tenant Protected Parties'"), and without regard to the fault of LessorLandlord, its beneficiaries, Agent, their respective partners, shareholders, members, agents, directors, officers and employees ('Lessor "Landlord Protected Parties'"). As between Lessor Landlord Protected Parties and Lessee Tenant Protected Parties, such risks are allocated as follows:

Appears in 1 contract

Samples: Sublease (Quintus Corp)

Allocation of Risks. The parties desire, to the extent permitted by law, to allocate certain risks of personal injury, bodily injury and or property damage, and risks of loss of real or personal property by reason of fire, explosion or other casualty, and to provide for the responsibility for insuring those risks. It is the intent of the parties that, to the extent any event is insured for or required herein to be insured for, any loss, costcosts, damage or expense arising from such event, including, without limitation, the expense of defense against claims or suits, be covered by paid out of insurance, without regard to the fault of LesseeTenant, its shareholders, directors, officers, employees or agents ('Lessee “Tenant Protected Parties'), ”) and without regard to the fault of LessorLandlord, its respective partners, shareholders, members, agents, directors, officers and officers, employees or agents ('Lessor “Landlord Protected Parties'). As between Lessor Landlord Protected Parties and Lessee Tenant Protected Parties, such risks are allocated as follows:

Appears in 1 contract

Samples: Industrial Space Lease (Gateway Trade Center Inc.)

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Allocation of Risks. The parties desire, to the extent permitted by law, to allocate certain risks of personal injury, bodily injury and or property damage, and risks of loss of real or personal property by reason of fire, explosion or other casualty, and to provide for the responsibility for insuring those risks. It is the intent of the parties that, to the extent any event is insured for or required herein to be insured for, any loss, cost, damage or expense arising from such event, including, without limitation, the expense of defense against claims or suits, be covered by paid out of insurance, without regard to the fault of LesseeTenant, its officers, employees or agents ('Lessee “Tenant Protected Parties'), and without regard to the fault of LessorLandlord, its Agent, their respective partners, shareholders, members, agents, directors, officers and employees ('Lessor “Landlord Protected Parties'). As between Lessor Landlord Protected Parties and Lessee Tenant Protected Parties, such risks are allocated as follows:

Appears in 1 contract

Samples: Lease (Sanfilippo John B & Son Inc)

Allocation of Risks. The parties desire, to the extent permitted by law, to allocate certain risks of personal injury, bodily injury and or property damage, and risks of loss of real or personal property by reason of fire, explosion or other casualty, and to provide for the responsibility for insuring those risks. It is the intent of the parties that, to the extent any event is insured for or required herein to be insured for, any loss, cost, damage or expense arising from such event, including, without limitation, the expense of defense against claims or suits, be covered by insurance, without regard to the fault of LesseeTenant, its officers, employees or agents ('Lessee “Tenant Protected Parties'), and without regard to the fault of LessorLandlord, its members, Agent, their respective partners, shareholders, members, agents, directors, officers and employees ('Lessor “Landlord Protected Parties'). As between Lessor Landlord Protected Parties and Lessee Tenant Protected Parties, such risks are allocated as follows:

Appears in 1 contract

Samples: Industrial Building Lease (Coinstar Inc)

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