Common use of MUTUAL RELEASE/WAIVER OF SUBROGATION Clause in Contracts

MUTUAL RELEASE/WAIVER OF SUBROGATION. Each of Landlord and Tenant hereby releases the other from any and all liability or responsibility to the other or anyone claiming through or under them by way of subrogation or otherwise for any loss or damage to property caused by any of the all risk casualties, even if such casualty shall have been caused by the fault or negligence of the other party, or anyone for whom such party may be responsible.

Appears in 2 contracts

Samples: Lease Agreement (Spanlink Communications Inc), Lease Agreement (August Technology Corp)

AutoNDA by SimpleDocs

MUTUAL RELEASE/WAIVER OF SUBROGATION. Each of Landlord and Tenant hereby releases the other from any and all liability or responsibility to the other or anyone claiming through or under them by way of subrogation or otherwise for any loss or damage to property caused by any of the all risk casualties, even if such casualty shall have been caused by the fault or negligence of the other party, or anyone for whom such party may be responsible.

Appears in 1 contract

Samples: Lease Agreement (Express Scripts Inc)

AutoNDA by SimpleDocs

MUTUAL RELEASE/WAIVER OF SUBROGATION. Each of Landlord and Tenant hereby releases the other from any and all liability or responsibility to the other or anyone claiming through or under them by way of subrogation or otherwise for any loss or damage to property caused by any of the all risk casualtiescasualties insurable under an all risk property insurance policy, even if such casualty shall have been caused by the fault or negligence of the other party, or anyone for whom such party may be responsible.

Appears in 1 contract

Samples: Lease Agreement (Department 56 Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!