Common use of Mutual Waiver of Subrogation Clause in Contracts

Mutual Waiver of Subrogation. For the purpose of waiver of subrogation, the parties mutually release and waive unto the other all rights to claim damages, costs or expenses for any injury to persons (including death) or property caused by a casualty of any type whatsoever in, on or about the Premises if the amount of such damage, cost or expense has been paid to such damaged party under the terms of any policy of insurance. All insurance policies carried with respect to this Lease, if permitted under applicable law, shall contain a provision whereby the insurer waives, prior to loss, all rights of subrogation against either Landlord or Tenant.

Appears in 4 contracts

Samples: Mecklenburg    Lease Agreement (Coca-Cola Consolidated, Inc.), Lease Agreement (Syntel Inc), Lease Agreement (H Power Corp)

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Mutual Waiver of Subrogation. For the purpose of waiver of subrogation, the parties mutually release and waive unto the other all rights to claim damages, costs or expenses for any injury to persons (including death) or property caused by a casualty of any type whatsoever in, on or about the Premises Lease Property if the amount of such damage, cost or expense has been paid to such damaged party under the terms of any policy of insurance. All insurance policies carried with respect to this Lease, if permitted under applicable law, shall contain a provision whereby the insurer waives, prior to loss, all rights of subrogation against either Landlord or Tenant.

Appears in 2 contracts

Samples: Management Agreement, Lease Agreement (Coca Cola Bottling Co Consolidated /De/)

Mutual Waiver of Subrogation. For the purpose of waiver of subrogation, the parties mutually release and waive unto the other all rights to claim damages, costs or expenses for any injury to persons (including death) or property caused by a casualty of or any type other matter whatsoever in, on or about the Premises if the amount of such damage, cost or expense has been paid to such damaged party under the terms of any policy of insurance. All insurance policies carried with respect to this Lease, if permitted under applicable law, shall contain a provision whereby the insurer waives, prior to loss, all rights of subrogation against either Landlord or Tenant.

Appears in 2 contracts

Samples: Lease Agreement (Icagen Inc), Lease Agreement (Inspire Pharmaceuticals Inc)

Mutual Waiver of Subrogation. For the purpose of waiver of subrogation, the parties mutually release and waive unto the other all rights to claim damages, costs or expenses for any injury to persons (including death) or property caused by a casualty of any type whatsoever in, on or about the Premises if the amount of such damage, cost or expense has been paid to such damaged party under the terms of any policy of insuranceinsurance issued by a third party insurer. All insurance policies carried with respect to this Lease, if permitted under applicable law, shall contain a provision whereby the insurer waives, prior to loss, all rights of subrogation against either Landlord or Tenant.

Appears in 2 contracts

Samples: Lease Agreement (Homeland Integrated Security Systems, Inc.), Lease Agreement (Homeland Integrated Security Systems, Inc.)

Mutual Waiver of Subrogation. For the purpose of waiver of subrogation, the parties mutually release and waive unto the other all rights to claim damages, costs or expenses for any injury to persons (including death) or property caused by a casualty of or any type other matter whatsoever in, on or about the Premises if to the amount of extent that such damage, cost or expense has been paid to such damaged party under the terms of any policy of insurance. All insurance policies carried with respect to this Lease, if permitted under applicable law, shall contain a provision whereby the insurer waives, prior to loss, all rights of subrogation against either Landlord or Tenant.

Appears in 2 contracts

Samples: Lease Agreement (Sciquest Com Inc), Lease Agreement (Inspire Pharmaceuticals Inc)

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Mutual Waiver of Subrogation. For the purpose of waiver Waiver of subrogationSubrogation, the parties mutually release and waive unto the other all rights to claim damages, costs cost or expenses for any injury injuries to persons (including death) or property caused by a casualty of any type whatsoever in, on in or about the Premises Premises, if the amount of such damagedamages, cost or expense has been paid to such damaged party under the terms of any policy of insurance. All insurance policies carried with respect to this Lease, if permitted under applicable law, shall contain a provision whereby the insurer waives, prior to loss, all rights of subrogation against either Landlord or Tenant.

Appears in 2 contracts

Samples: Lease Agreement (Autocyte Inc), Lease Agreement (Autocyte Inc)

Mutual Waiver of Subrogation. For the purpose of waiver Waiver of subrogationSubrogation, the parties mutually release and waive unto the other other, all rights to claim damages, costs cost or expenses for any injury injuries to persons (including death) or property caused by a casualty of any type whatsoever in, on in or about the Premises Premises, if the amount of such damagedamages, cost or expense has been paid to such damaged party under the terms of any policy of insurance. All insurance policies carried with respect to this Lease, if permitted under applicable law, shall contain a provision whereby the insurer waives, prior to loss, all rights of subrogation against either Landlord or Tenant.

Appears in 2 contracts

Samples: Lease Agreement (Autocyte Inc), Lease Agreement (Autocyte Inc)

Mutual Waiver of Subrogation. For the purpose of waiver of subrogation, the parties mutually release and waive unto the other all rights to claim damages, costs or expenses for any injury to persons (including death) or property caused by a casualty of any type whatsoever in, on or about the Premises Leased Property if the amount of such damage, cost or expense has been paid to such damaged party under the terms of any policy of insurance. All insurance policies carried with respect to this Lease, if permitted under applicable law, shall contain a provision whereby the insurer waives, prior to loss, all rights of subrogation against either Landlord or Tenant.

Appears in 1 contract

Samples: Lease Agreement (Coca Cola Bottling Co Consolidated /De/)

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