No Subrogation or Contribution Sample Clauses

No Subrogation or Contribution. The Subrecipient has no right of subrogation or contribution from the State or DHHS for any judgment rendered against the Subrecipient.
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No Subrogation or Contribution. The Contractor has no right of subrogation or contribution from the state of Utah or DHS for any judgment rendered against the Contractor.
No Subrogation or Contribution. Until all of the Indebtedness has been paid in full and all of the Obligations have been duly and punctually performed to the satisfaction of the Lessor, the Guarantor shall not be subrogated to any right of the Lessor against the Lessee, any other guarantor or any collateral, and any moneys, property or other consideration received, after a default by the Lessee under the Lease, by the Guarantor from the Lessee prior to payment in full of the Indebtedness and prior to the performance by the Lessee of all of the Obligations shall be held in trust for the Lessor and shall be paid or transferred to the Lessor upon demand therefor. The Guarantor agrees that it will not assert any right of contribution against any other guarantor of the Indebtedness, whether the obligations of such other guarantor are evidenced by this Guaranty or other agreement, until such time as all of the Indebtedness has been paid in full to the Lessor and all of the Obligations have been performed.
No Subrogation or Contribution. No Indemnifying Party shall be entitled to seek recovery against an Indemnified Party or its Affiliates, subsidiaries, or Representatives pursuant to any theory of subrogation, contribution or otherwise, of any Losses payable to such an Indemnified Party.
No Subrogation or Contribution. Until all of the Obligations have been paid in full and have been duly and punctually performed, the Guarantor shall not be subrogated to any right of the Lessor against the Lessee, any other guarantor or any collateral, and any moneys, property or other consideration received, after a default by the Lessee under the Leases, by the Guarantor from the Lessee prior to payment and performance in full of the Obligations by the Lessee shall be held in trust for the Lessor and shall be paid or transferred to the Lessor upon demand therefor. The Guarantor agrees that it will not assert any right of contribution against any other guarantor of the Obligations, whether the obligations of such other guarantor are evidenced by this Guaranty or other agreement, until such time as all of the Obligations have been paid and performed in full to the Lessor. Section 2.8.

Related to No Subrogation or Contribution

  • Contribution and Subrogation Each Guarantor (a “Contributing Guarantor”) agrees (subject to Section 6.03) that, in the event a payment shall be made by any other Guarantor hereunder in respect of any Obligation, or assets of any other Guarantor shall be sold pursuant to any Security Document to satisfy any Obligation owed to any Secured Party, and such other Guarantor (the “Claiming Guarantor”) shall not have been fully indemnified by the Borrower as provided in Section 6.01, the Contributing Guarantor shall indemnify the Claiming Guarantor in an amount equal to (i) the amount of such payment or (ii) the greater of the book value or the fair market value of such assets, as the case may be, in each case multiplied by a fraction of which the numerator shall be the net worth of the Contributing Guarantor on the date hereof and the denominator shall be the aggregate net worth of all the Guarantors on the date hereof (or, in the case of any Guarantor becoming a party hereto pursuant to Section 7.16, the date of the supplement hereto executed and delivered by such Guarantor). Any Contributing Guarantor making any payment to a Claiming Guarantor pursuant to this Section 6.02 shall be subrogated to the rights of such Claiming Guarantor under Section 6.01 to the extent of such payment.

  • Subrogation Waiver All insurance policies secured or maintained by Contractor or its Subcontractors in relation to this Contract shall include clauses stating that each carrier shall waive all rights of recovery under subrogation or otherwise against Contractor or the State, its agencies, institutions, organizations, officers, agents, employees, and volunteers.

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