Common use of Release of Claims/Subrogation Clause in Contracts

Release of Claims/Subrogation. Landlord and Tenant release each other from any claim, by subrogation or otherwise, for any damage to the Premises or Xxxxxx's personal property by reason of fire or the elements, regardless of cause, including negligence of Landlord or Tenant. This release applies only to the extent that it is permitted by law, the damage is covered by insurance proceeds, and the release does not adversely affect any insurance coverage.

Appears in 2 contracts

Samples: Hunting Lease, dirt.umkc.edu

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Release of Claims/Subrogation. Landlord and Tenant release each other from any claim, by subrogation or otherwise, for any damage to the Premises premises, the building, or Xxxxxx's personal property within the building, by reason of fire or the elements, regardless of cause, including negligence of Landlord or Tenant. This release applies only to the extent that it is permitted by law, the damage is covered by insurance proceeds, and the release does not adversely affect any insurance coverage.

Appears in 1 contract

Samples: Denali Inc

Release of Claims/Subrogation. Tenant agrees to release Landlord and Tenant release each other from any claim, by subrogation or otherwise, for any damage to the Premises or Xxxxxx's personal property by reason of fire or the elementsPremises, regardless of cause, including negligence of Landlord or Tenant. This release applies only to the extent that it is permitted by law, the damage is covered by insurance proceeds, and the release does not adversely affect any insurance coverage.

Appears in 1 contract

Samples: mccmeetingspublic.blob.core.usgovcloudapi.net

Release of Claims/Subrogation. Landlord and Tenant release each other from any claim, by subrogation or otherwise, for any damage to the Premises premises, the building, the parking facility, if any, or Xxxxxx's personal property within the building, by reason of fire or the elements, regardless of cause, including negligence of Landlord or Tenant. This release applies only to the extent that it is permitted by law, the damage is covered by insurance proceeds, and the release does not adversely affect any insurance coverage.

Appears in 1 contract

Samples: Lease Agreement (American International Industries Inc)

Release of Claims/Subrogation. Landlord and Tenant release each other from any claim, by subrogation or otherwise, for any damage to the Premises premises, the building, the parking facility, if any, or Xxxxxx's personal property within the building, by reason of fire or the elements, regardless of cause, including negligence of Landlord or Tenant. This , provided however, this release applies only to the extent that it is permitted by law, the damage is covered by insurance proceeds, and the release does not adversely affect any insurance coverage.

Appears in 1 contract

Samples: Office Lease (Flashnet Communications Inc)

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Release of Claims/Subrogation. Landlord and Tenant release each other from any claim, by subrogation or otherwise, for any damage to the Premises Premises, the Building, or Xxxxxx's personal property within the Building, by reason of fire or the elements, regardless of cause, including negligence of Landlord or Tenant. This release applies only to the extent that it is permitted by law, the damage is covered by insurance proceeds, and the release does not adversely affect any insurance coverage.

Appears in 1 contract

Samples: Real Estate Sale Agreement (SMTC Corp)

Release of Claims/Subrogation. Landlord and Tenant release each other from any claim, by subrogation or otherwise, for any damage to the Premises premises, the building, the parking facility, if any, or Xxxxxx's personal property within the building, by reason of fire or the elements, regardless of cause, including negligence of Landlord or Tenant. This release applies only to the extent that it is permitted by law, the damage is covered by insurance proceeds, and the release does not adversely affect any insurance coverage.

Appears in 1 contract

Samples: Office Lease (Rackspace Inc)

Release of Claims/Subrogation. Landlord and Tenant release each other from any claim, by subrogation or otherwise, for any damage to the Premises or Xxxxxx's personal property premises, the building, by reason of fire or the elements, regardless of cause, including negligence of Landlord or Tenant. This release applies only to the extent that it is permitted by law, the damage is covered by insurance proceeds, and the release does not adversely affect any insurance coverage. Landlord and Tenant agree to notify issuing insurance companies of this release and will have the insurance policies endorsed, if necessary, to prevent invalidation of the insurance coverage.

Appears in 1 contract

Samples: jtblw.com

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