Subrogation Clause Sample Clauses

Subrogation Clause. The District shall not subrogate its right to the insurance carrier for any claim paid as a result of a loss occurring while the employee(s) are acting within the scope of their duties as employees, whether such duties were expressed in the employment contract or implied because of the nature of the employment, whether such duties were performed during the regular duty hours or for extracurricular activities outside of the regular duty hours.
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Subrogation Clause. The PURCHASER hereby assigns to the ADMINISTRATOR all rights to proceed against any supplier, rebuilder, or manufacturer for the cost of any defective covered part or any consequential damages or costs paid by the ADMINISTRATOR arising from the defective covered part.
Subrogation Clause. In the event an employee suffers a non-duty injury as a result of the actions of a third party that results in an absence from work that extends beyond 480 hours or, because of his/her injury elects to receive a non-duty disability retirement or other benefit payable by the retirement system, the City shall be subrogated to the rights of the person against such third party only as to that employee’s claim for health care expenses, and limited to the extent of the health benefits to which the City pays or becomes liable to pay.
Subrogation Clause. ‌ While no employee shall be required to take legal action to recover lost salary or other damages from any person, except for amounts recovered from the Insurance Corporation of British Columbia, employees who recover past wage loss as a result of a third party claim arising from an accident or incident for which another party is liable shall reimburse the University for all sick leave benefits paid to the extent of the amount recovered. Xxxx leave will be credited upon payment of these monies. The amount an employee is required to repay to the University for a claim of lost salary shall be net of verified, reasonable expenses incurred by the employee to recover that claim.
Subrogation Clause. While no employee shall be required to take legal action to recover lost salary or other damages from any person, employees shall turn over, or cause to be turned over to the University, any monies received directly or indirectly by them from the Insurance Corporation of British Columbia or any other person, excluding interest, as a result of a claim for lost salary, where employees have used their sick leave with pay as a result of an automobile accident or otherwise because of injuries sustained due to the negligence or wrong-doing of a third party. For greater certainty, the requirement for repayment continues to apply to global settlements that include but do not specify wage losses. Xxxx leave will be credited upon payment of these monies. The amount an employee is required to repay to the University for a claim of lost salary shall be net of verified, reasonable expenses incurred by the employee to recover that claim. This requirement for repayment shall not apply to an award or judgment pursuant to a claim or legal action where the award or judgment does not specify damages for lost salary.
Subrogation Clause. YOU will transfer to US YOUR rights of recovery against any other party for any DAMAGES WE have paid on YOUR behalf. YOU must do everything necessary to secure these rights and do nothing that would jeopardize them. WE will not exercise OUR right to recover against any of YOU unless the DAMAGES result from any dishonest, fraudulent, criminal, malicious or intentional WRONGFUL ACT(S) committed by YOU. Any amount recovered from subrogation shall be apportioned as follows: Any amount recovered shall first be used for repayment of SUBROGATION EXPENSES; second, to any DAMAGES and/or CLAIM EXPENSE paid by US; third, to any DAMAGES and CLAIM EX- PENSE paid by an excess insurer on YOUR behalf; fourth, to any DAMAGES and CLAIM EXPENSE paid by any other primary insurer on YOUR behalf; and last, to repayment of YOUR DEDUCTIBLE.
Subrogation Clause. It is hereby stipulated that this insurance shall not be invalidated should you waive in writing prior to a loss any or all right of recovery against any party for loss occurring to the property described herein.
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Subrogation Clause. When Underwriters settle a claim, they may pursue recovery rights against a carrier or third party who caused the loss or damage. The Assured agree that: • Underwriters may act in the Assured’s name in such recovery action; and • The Assured will give Underwriters reasonable assistance with such actions.
Subrogation Clause. If a Party, or an agency of a Party, makes a payment under an indemnity, guarantee or contract of insurance that it has entered into in respect of an investment made by one of its investors in the territory of the other Party, the other Party shall recognize that the Party or its agency shall be entitled in all circumstances to the same rights as those of the investor in respect of the investment. These rights may be exercised by the Party or an agency of the Party, or by the investor if the Party or an agency of the Party thereof so authorizes.
Subrogation Clause. If a teacher receives sick leave benefits because the teacher has been injured through the fault of another party, the Board has subrogation rights. This means the teacher, if he/she sues, shall be required to include a claim to recover these benefits from the other party and then reimburse the Board the benefits received less the cost of litigation on a proportionate basis. The Board shall notify the teacher of this requirement in a reasonable period of time of the said benefits commencing.
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