Waiver of Right of Subrogation. The Limited Partners hereby agree to waive any and all rights of subrogation to all of the Partnership's rights arising under any agreement pursuant to which (i) the Partnership incurs indebtedness and (ii) the performance of the Partnership's obligations is guaranteed by the Limited Partners. It is the intent of the Partners, that, by waiving all rights of subrogation pursuant to this Section 4.3(b), the Limited Partners assume primary liability for the performance of the obligations of the Partnership arising under any such agreement.
Waiver of Right of Subrogation. Until the Indebtedness shall have been paid and performed in full, Guarantor shall have no right of subrogation, and Guarantor waives any right to enforce any remedy which Lender now has or may hereafter have against Borrower, any other guarantor or any other person, and waives any benefit of, and any right to participate in, any of the Collateral. 9.
Waiver of Right of Subrogation. 7. SP hereby waives any right of recovery against GE and its insurers for any loss or damage that is covered by any insurance policy maintained or required to be maintained with respect to the Services. SP shall inform all its insurers of policies required by this MSA about this waiver of subrogation, and shall secure from the insurers amendments to the policies recognizing and providing for the waiver.
Waiver of Right of Subrogation. The Guarantor shall not assert any right to which the Guarantor has or may become entitled, whether by subrogation, contribution or otherwise, against the Debtor or any of the Debtor’s properties, or against any other guarantors of the Obligations, by reason of the performance by the Guarantor of his or her Obligations under this Guaranty, and the Guarantor shall have no right of subrogation to the rights of Beneficiary against the Debtor or any other guarantors, except after (i) payment in full of all of the Obligations (including costs and expenses) which may be or become payable in respect of or under the Loan Documents, and (ii) the expiration of any applicable period of time within which payments (received from the Debtor or from liquidation of any collateral given by the Debtor) may be recovered by or on behalf of a trustee or debtor in possession in proceedings for relief under the Federal Bankruptcy Code or similar insolvency law.
Waiver of Right of Subrogation. 7.7.1. Landlord releases Tenant, to the extent Landlord has insurance coverage against the hazards to which this release applies, from liability for loss or damage caused by casualties insured against under this Lease, notwithstanding any fault or negligence of Tenant or Tenant’s agents; provided, however, that this release shall be effective only if Landlord’s policy or policies of insurance contain a waiver of right of subrogation clause which provides that a release given by an insured shall not affect the policy or the right of the named insured to recover under the policy.
Waiver of Right of Subrogation. The Association and all co-owners shall use their best efforts to cause all property and liability insurance carried by the Association or any co-owner to contain appropriate provisions whereby the insurer waives its rights of subrogation as to any claims against any co-owner or the Association.
Waiver of Right of Subrogation. Anything in this LEASE to the contrary notwithstanding, LANDLORD and TENANT each hereby waive any and all rights of recovery, claims, actions, or causes of action against the other, its agents, officers and employees for any loss or damage that may occur to the LEASED PREMISES or any part thereof, or any of the personal property of such parties therein by reason of fire, the elements, or any other cause which is insured against under the terms of the policies of fire and extended coverage insurance carried by either LANDLORD or TENANT in respect thereof, to the extent, and only to the extent, of any proceeds actually received by LANDLORD and TENANT respectively, with respect thereto, regardless of its cause or origin, including negligence of either party hereto, its agents, officers, or employees, and each party covenants that no insurer shall hold any right of subrogation against the other. TENANT agrees to furnish LANDLORD with written waivers of subrogation, in form satisfactory to LANDLORD, with respect to TENANT'S fire and extended coverage insurance policies.
Waiver of Right of Subrogation. 10.10 To the extent permitted by its respective policies of insurance, Contractor hereby waives any right of recovery against Company for any loss or damage that is covered by any insurance policy maintained or required to be maintained with respect to the Services performed under this Agreement or any Task Order issued pursuant to this Agreement. Contractor shall, in addition to naming Company and Company’s parent company as an additional insured on all applicable policies, inform all its insurers of policies described in this Agreement herein about this waiver of subrogation, and shall secure from such insurers amendments, where necessary, to the policies recognizing and providing for such waiver.
Waiver of Right of Subrogation. Notwithstanding any payment or payments made by the Guarantor hereunder, the Guarantor shall not be entitled to be subrogated to any of the rights of the Lender against the Borrower or any collateral security or guaranty held by the Lender for the payment of the Obligations, nor shall the Guarantor seek any reimbursement from the Borrower in respect of payments made by the Guarantor hereunder, until all amounts owing to the Lender by the Borrower for or on account of the Obligations are paid in full. Guarantor waives all rights to subrogation, exoneration, indemnification and contribution against the Borrower on account of performance by Guarantor hereunder until all amounts owing to the Lender by the Borrower for or on account of the Obligations are paid in full. Additionally, Guarantor waives all "claims" as defined in the United States Bankruptcy Code, as amended, whether now existing or hereafter arising, against Borrower in any way related to this Guaranty. This section is not intended to prohibit Guarantor from purchasing indebtedness guaranteed hereby from Lender and thereafter exercising the rights of Lender under such indebtedness. Moreover, once the Obligations are paid in full, Guarantor shall subrogate to the rights of Lender against the Borrower as to the collateral pledged under the Pledge Agreement. Any indebtedness of the Borrower to the Guarantor now or hereafter existing (including, without limitation) any rights to subrogation the Guarantor may have as the result of any payment by the Guarantor under this Guaranty), together with interest thereon, shall be subordinated in all respects to the amounts owed by Borrower to Lender under the Loan Documents. In the event this Guaranty is held unenforceable at any time under any fraudulent conveyance, bankruptcy or insolvency laws, the payments under this Guaranty shall be adjusted to the amount necessary to cause this Guaranty to be enforceable under such fraudulent transfer, bankruptcy or insolvency laws.
Waiver of Right of Subrogation. Whether Owner or Hyatt shall provide the insurance required by this Section 8, any such policies will provide that the insurer's right of subrogation shall be waived in favor of the party not providing the insurance.
