Rights of Recovery and Subrogation Sample Clauses

Rights of Recovery and Subrogation. If We make any payment under this Policy, We shall be subrogated to all of Your rights of recovery, to the extent of such payment made, and shall have the right to participate with You and any other insurer in the exercise of all of Your rights of recovery against any person or organization. You shall do nothing to impair or prejudice Our rights and shall execute and deliver instruments and papers and do whatever is necessary to assist Us in the enforcement of its rights. All amounts recovered by You from third parties for which You also received benefits under this Policy, shall belong to and be paid to Us by You up to the total amount of benefits paid by Us.
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Rights of Recovery and Subrogation. If the Company makes any payment under this Certificate, the Company shall be subrogated to all of the Certificate Holder's rights of recovery, to the extent of such payment made, and shall have the right to participate with the Certificate Holder and any other insurer in the exercise of all of the Certificate Holder's rights of recovery against any person or organization. The Certificate Holder shall do nothing to impair or prejudice the Company's rights and shall execute and deliver instruments and papers and do whatever is necessary to assist the Company in the enforcement of its rights. All amounts recovered by the Certificate Holder from third parties for which the Certificate Holder also received benefits under this Certificate, shall belong to and be paid to the Company by the Certificate Holder up to the total amount of benefits paid by the Company.
Sample 1
Rights of Recovery and Subrogation. If the Member or any additional insured has rights to recover damages from another for a Loss for which we make payment under this Policy, those rights are transferred to us to the extent of our payment. The Member or the additional insured must do everything necessary to secure our rights and must do nothing before or after a Loss to impair them.
Sample 1

Related to Rights of Recovery and Subrogation

  • RIGHTS OF SUBROGATION No Loan Guarantor will assert any right, claim or cause of action, including, without limitation, a claim of subrogation, contribution or indemnification that it has against any Obligated Party, or any collateral, until the Loan Parties and the Loan Guarantors have fully performed all their obligations to the Administrative Agent, the Issuing Bank and the Lenders.

  • Additional Insurance Provisions (A) The foregoing requirements as to the types and limits of insurance coverage to be maintained by Consultant, and any approval of said insurance by the City, is not intended to and shall not in any manner limit or qualify the liabilities and obligations otherwise assumed by the Consultant pursuant to this Agreement, including but not limited to, the provisions concerning indemnification.

  • Recognition and Rights of Stewards (a) The Employer recognizes the Union's right to select stewards to represent employees. The Employer and the Union will agree on the number of stewards, taking into account both operational and geographic considerations.

  • Indemnification and General Liability Section 10.4 Required Post-Expiration Coverage.

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