Waiver of Contribution Rights Sample Clauses

Waiver of Contribution Rights. From and after the Closing, each Seller, on behalf of itself and each Seller Related Party, hereby expressly: (a) waives and releases any right of subrogation, offset, contribution, indemnification, advancement of expenses or other remedy or right of recovery of such Seller and any Seller Related Party, regardless of whether such right is pursuant to any Organizational Document, Contract, Law or otherwise, for any Event that gives or may give rise to any indemnification obligation or other Liability of any Seller or Seller Related Party under this Agreement or any Transaction Document or in connection with the Transactions (for the avoidance of doubt, disregarding any time, economic, procedural or other limitation set forth in this Agreement or any Transaction Document or otherwise and irrespective of whether any Action for such Event is actually made, resolved or recovered); (b) agrees to, and to cause any Seller Related Party to, refrain from, directly or indirectly, exercising, enforcing, asserting or otherwise commencing any Action with respect to, any remedy or right described in this Section 9.3; and (c) agrees that none of such Seller or any Seller Related Party shall have any right (whether of contribution, assignment, subrogation or otherwise) against or be entitled to any indemnity or other right of recovery from any Purchaser Indemnified Party in the event any Seller or Seller Related Party is required to take, or refrain from taking, any action, whether by the payment of money or otherwise, as a result of this Section 9.3.
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Waiver of Contribution Rights. Borrower waives any claim or other right it may have or hereafter acquire against any other person that is primarily or contingently liable on the Revolving Note, including without limitation any right of subrogation, reimbursement, exoneration, contribution, indemnification and any right to participation in any claim or remedy of Bank against Borrower or any collateral security therefor.
Waiver of Contribution Rights. Each Seller, individually and on behalf of his or its Affiliates (other than the Company), and their successors, assigns, next of kin, representatives, administrators, executors, agents and any other Person claiming by, through, or under any of the foregoing (each, a “Related Party”): (a) expressly waives any rights of subrogation, offset, contribution, indemnification, advancement of expenses or other rights of recovery of such Seller or any Related Party, regardless of whether such right is pursuant to the Governing Documents of the Company, Contract, Law or otherwise, for any event that gives or may give rise to any indemnification obligation or other liability of such Seller or a Related Party under this Agreement, the Ancillary Agreements or in connection with the Transactions; and (b) agrees that neither any Seller nor any Related Party shall have a right of, hereby waives, and covenants and agrees not to (or attempt to) exercise or assert, any right of contribution or indemnification from, or right of subrogation against, any Buyer Indemnified Party in the event a Seller or a Related Party is required to take, or refrain from taking, any action, whether by the payment of money or otherwise, as a result of this Section 9.6.
Waiver of Contribution Rights. Other than the rights expressly set forth in this Agreement and the Ancillary Agreements, from and after the Closing, each Contributor Party, on behalf of itself, each other Contributor Related Party, hereby expressly waives and releases any rights of subrogation, offset, contribution, indemnification, advancement of expenses or other remedies or rights of recovery that such Contributor Party or any Contributor Related Party may be entitled to, whether existing at, prior to or after the Closing, against the Contributed Companies, REIT I, REIT II, REIT III or other Buyer Indemnified Party with respect to any Event that gives or reasonably may give rise to an indemnification obligation or similar liability of such Contributor Party or any Contributor Related Party under this Agreement or any Ancillary Agreement.
Waiver of Contribution Rights. Borrower and each Guarantor waives any claim or other right which any of them may have or hereafter acquire against one another or any other person that is primarily or contingently liable on the Obligations, including, without limitation, any right of subrogation, reimbursement, exoneration, contribution, indemnification and any right to participation in any claim or remedy of Agent or Lenders against Borrower, any Guarantor or any collateral security therefore.
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