Common use of Separation of Interests Clause in Contracts

Separation of Interests. All policies shall insure the interests of the Lessor regardless of any breach or violation by the Construction Agent or any other Person of warranties, declarations or conditions contained in such policies, any action or inaction of the Construction Agent or others, or any foreclosure relating to the Leased Property or any change in ownership of all or any portion of the Leased Property.

Appears in 2 contracts

Samples: Construction Agency Agreement (Checkfree Corp \Ga\), Construction Agency Agreement (Choicepoint Inc)

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Separation of Interests. All policies shall insure the ----------------------- interests of the Lessor regardless of any breach or violation by the Construction Agent or any other Person of warranties, declarations or conditions contained in such policies, any action or inaction of the Construction Agent or others, or any foreclosure relating to the Leased Property or any change in ownership of all or any portion of the Leased Property.

Appears in 2 contracts

Samples: Construction Agency Agreement (Hughes Supply Inc), Construction Agency Agreement (Hughes Supply Inc)

Separation of Interests. All policies (other than in respect to liability or workers compensation insurance) shall insure the interests of the Lessor and the Agent regardless of any breach or violation by the Construction Agent or any other Person party of warranties, declarations or conditions contained in such policies, any action or inaction of the Construction Agent or others, or any foreclosure relating to the Leased Property or any change in ownership of all or any portion of the Leased Property.

Appears in 2 contracts

Samples: Agency Agreement (Human Genome Sciences Inc), Agency Agreement (United Therapeutics Corp)

Separation of Interests. All policies shall insure the interests of the Lessor Lessor, the Agent and each Lender regardless of any breach or violation by the Construction Agent or any other Person of warranties, declarations or conditions contained in such policies, any action or inaction of the Construction Agent or others, or any foreclosure relating to the Leased Property or any change in ownership of all or any portion of the Leased Property.

Appears in 1 contract

Samples: Construction Agency Agreement (Concord Efs Inc)

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Separation of Interests. All policies (other than in respect ----------------------- to liability or workers compensation insurance) shall insure the interests of the Lessor regardless of any breach or violation by the Construction Agent Lessee or any other Person Party of warranties, declarations or conditions contained in such policies, any action or inaction of the Construction Agent Lessees or others, or any foreclosure relating to the Leased Property or any change in ownership of all or any portion of the Leased Property.

Appears in 1 contract

Samples: Lease Agreement (Palm Inc)

Separation of Interests. All policies (other than in ----------------------- respect to liability or workers compensation insurance) shall insure the interests of the Lessor regardless of any breach or violation by the Construction Agent Lessee or any other Person Party of warranties, declarations or conditions contained in such policies, any action or inaction of the Construction Agent Lessees or others, or any foreclosure relating to the Leased Property Project or any change in ownership of all or any portion of the Leased PropertyProject.

Appears in 1 contract

Samples: Master Lease (Palm Inc)

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