Waiver of Claims and Subrogation Rights Clause Samples
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Waiver of Claims and Subrogation Rights. So long as it is permissible to do so under the laws and regulations governing the writing of insurance within the State, all insurance carried by either Landlord or Tenant will provide for a waiver of rights of subrogation against Landlord and Tenant on the part of the insurance carrier. Unless the waivers contemplated by this sentence are not obtainable for the reasons described in this Section 9.6, Landlord waives any and all rights of recovery, claims, actions or causes of action against Tenant and the Tenant-Related Parties, and Tenant waives any and all rights of recovery, claims, actions or causes or action against Landlord and the Landlord-Related Parties, for any loss or damage to property or any injuries to or death of any person which is covered or would have been covered under the insurance policies required under this Lease. The foregoing release will not apply to losses or damages in excess of actual or required policy limits (whichever is greater) nor to any deductible (up to a maximum of $10,000) applicable under any policy obtained by the waiving party. The failure of either party (the “Defaulting Party”) to take out or maintain any insurance policy required under this Lease will be a defense to any claim asserted by the Defaulting Party against the other party hereto by reason of any loss sustained by the Defaulting Party that would have been covered by any such required policy. The waivers set forth in the immediately preceding sentence will be in addition to, and not in substitution for, any other waivers, indemnities, or exclusions of liabilities set forth in this Lease.
Waiver of Claims and Subrogation Rights. To the extent permitted by the Constitution and the laws of the State of Texas, and so long as it is permissible to do so under the laws and regulations governing the writing of insurance within the State of Texas, all property insurance carried by Tenant will provide for a waiver of rights of subrogation against Landlord on the part of the insurance carrier. Unless the waivers contemplated by this sentence are not obtainable for the reasons described in this Section 8.8. and to the extent permitted by the Constitution and the laws of the State of Texas, and so long as it is permissible to do so under the laws and regulations governing the writing of insurance within the State of Texas, Tenant waives any and all rights of recovery, claims, actions or causes or action against Landlord and the Landlord-Related Parties, for any loss or damage to property which is covered or would have been covered under the property insurance policies required under this Lease, even if such rights, claims, actions, or causes of action arise from or are attributable to the negligence of Landlord or any Landlord- Related Party. The waiver set forth in the immediately preceding sentence will be in addition to, and not in substitution for, any other waivers, indemnities, or exclusions of liabilities set forth in this Lease.
Waiver of Claims and Subrogation Rights. To the extent permitted by the Constitution and the laws of the State of Texas, and so long as it is permissible to do so under the laws and regulations governing the writing of insurance within the State of Texas, all property insurance carried by Tenant will provide for a waiver of rights of subrogation against Landlord on the part of the insurance carrier. Unless the waivers contemplated by this sentence are not obtainable for the reasons described in this Section 8.8, and to the extent permitted by the Constitution and the laws of the State of Texas, and so long as it is permissible to do so under the laws and regulations governing the writing of insurance within the State of Texas, Tenant waives any and all rights of recovery, claims, actions or causes or action against Landlord
Waiver of Claims and Subrogation Rights. Neither party shall, to the extent that such party is compensated by insurance proceeds, be liable to the other party for loss or damage, caused by fire or any other peril even though the loss or damage is caused by the party’s negligence. Each property insurance policy carried by Landlord and Tenant shall contain a provision by which the insurance company shall waive all rights of recovery by subrogation against the other party for loss or damage to the insured property. Nothing herein shall be deemed to create or imply any obligation by Landlord to carry any insurance policy with respect to the Premises or otherwise under this Lease.
Waiver of Claims and Subrogation Rights. Anything in this --------------------------------------- lease to the contrary notwithstanding, Landlord and Tenant each hereby waives any and all rights of recovery, claim, action or cause of action, against the other, its agents, servants, partners, shareholders, officers or employees, for any loss or damage that may occur to the Premises, the Project or any improvements thereto or thereon, or any personal property of such party therein or thereon, by reason of fire, the elements, or any other cause which is insured against under the terms of the standard fire and extended coverage insurance policies referred to in Section 6.04 hereof (or, if either party fails to obtain the required coverage, which would have been insured against if the applicable party had obtained the required coverage), regardless of cause or origin, including negligence of the other party hereto, its agents, officers, partners, shareholders, servants or employees, and covenants that no insurer shall hold any right of subrogation against such other party. Each party shall take whatever reasonable action is necessary to cause its insurer's right of subrogation to be extinguished.
Waiver of Claims and Subrogation Rights. The Contractor agrees that the fixed price or cost of performing the work herein includes the cost of purchasing Workmen's Compensation Insurance. The Contractor, therefore, hereby waives any liens, any right of subrogation or any other right of the Contractor and/or its insurance carrier(s) to recover from L3Harris Technologies, Inc. any amounts paid under such insurance policies to any of the Contractor's employees alleged to have suffered injury, death or disease as a result of or in connection with performance of this Contract.
Waiver of Claims and Subrogation Rights. Anything in this lease to the contrary notwithstanding, Landlord and Tenant each hereby waives any and all rights of recovery, claim, action or cause of action, against the other, its agents, servants, partners, shareholders, officers or employees, for any loss or damage that may occur to the Premises, the Project or any improvements thereto or thereon, or any personal property of such party therein or thereon, by reason of fire, the elements, or any other cause which is required to be insured against under the terms of the property insurance policies referred to in Section 6.04 hereof (or if either party fails to obtain the required coverage, which would have been insured against if the applicable party had obtained the required coverage), regardless of cause or origin, including negligence of the other party hereto, its agents, officers, partners, shareholders, servants or employees and covenants that no insurer shall hold any right of subrogation against such other party. Each party shall have its ISO causes of loss-special form of property insurance policy endorsed wherein the insurer expressly waives its right of subrogation against the other party.