Common use of Release and Waiver of Subrogation Clause in Contracts

Release and Waiver of Subrogation. Notwithstanding anything to the contrary herein, Landlord and Tenant hereby release each other, and their respective agents, employees, subtenants, and contractors, from all liability for damage to any property that is caused by or results from a risk which is actually insured against or which would normally be covered by “all risk” property insurance, without regard to the negligence or willful misconduct of the entity so released.

Appears in 4 contracts

Samples: Real Estate Matters Agreement, Real Estate Matters Agreement (Keysight Technologies, Inc.), Real Estate Matters Agreement (Agilent Technologies Inc)

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Release and Waiver of Subrogation. Notwithstanding anything to the contrary herein, Landlord and Tenant hereby release each other, and their respective agents, employees, subtenants, and contractors, from all liability for damage to any property that is caused by or results from a risk which is actually insured against or which would normally be covered by "all risk" property insurance, without regard to the negligence or willful misconduct of the entity so released.

Appears in 1 contract

Samples: Purchase and Sale Agreement (3com Corp)

Release and Waiver of Subrogation. Notwithstanding anything to the contrary herein, Landlord and Tenant hereby release each otherreleases Landlord, its officers, directors, employees and agents from any and all liability or responsibility (or anyone claiming through or under them by way of subrogation or otherwise) for any loss or damage to property covered by insurance required to be maintained by Tenant under this Lease, or otherwise covering the Premises, even if such loss or damage shall have been caused by the fault of negligence of Landlord, and their respective agents, employees, subtenants, and contractors, from all liability for damage Tenant’s insurance policies hereunder shall be endorsed to any property that is caused by or results from a risk which is actually insured against or which would normally be covered by “all risk” property insurance, without regard to the negligence or willful misconduct provide such waiver of the entity so releasedsubrogation.

Appears in 1 contract

Samples: Triple Net Lease (Voltari Corp)

Release and Waiver of Subrogation. Notwithstanding anything to the contrary herein, Landlord and Tenant hereby release each otherothe1·, and their respective agents, employees, subtenants, and contractors, from all liability for damage to any property their respective prope1ty that is caused by or results from a risk which is actually insured against or which would normally is required to be covered by “all risk” property insuranceinsured against hereunder, without regard to the negligence or willful misconduct of the entity so released. Landlord and Tenant shall each provide evidence from their respective insurance carriers of such waiver of subrogation.

Appears in 1 contract

Samples: Lease (GCP Applied Technologies Inc.)

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Release and Waiver of Subrogation. Notwithstanding anything to the --------------------------------- contrary herein, Landlord and Tenant hereby release each other, and their respective agents, employees, subtenants, and contractors, from all liability for damage to any property that is caused by or results from a risk which is actually insured against or which would normally be covered by "all risk" property insurance, without regard to the negligence or willful misconduct of the entity so released.

Appears in 1 contract

Samples: Real Estate Matters Agreement (Agilent Technologies Inc)

Release and Waiver of Subrogation. Notwithstanding anything to the contrary herein, Landlord and Tenant hereby release each other, and their respective agents, employees, subtenants, and contractors, from all liability for damage to any property that is caused by or results from a risk which is actually insured against or which would normally be covered by “all risk” property insuranceinsurance to the extent that such liability exceeds the amount of the insurance deductible under such policy, without regard to the negligence or willful misconduct of the entity so released.

Appears in 1 contract

Samples: Asset Purchase Agreement (Agilent Technologies Inc)

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