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.
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.
7.7.2. Tenant releases Landlord, to the extent Tenant 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 Landlord or Landlord’s agents; provided, however, that this release shall be effective only if Tenant’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.
7.7.3. Each party agrees to have its insurance policy or policies include a waiver of right of subrogation clause if it is includable without additional premium. However, if an insurance carrier requires additional premium for a waiver of right of subrogation clause, then the party in whose favor the release would operate (Tenant in the case of Section 7.7.1, and Landlord in the case of Section 7.7.2) shall bear the cost of such premium. Refusal of a party to pay such cost on demand excuses the other party from obtaining a waiver of right of subrogation clause, with the result that the release in favor of the refusing party will not be effective.
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. 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. Notwithstanding anything to the apparent contrary contained herein, Guarantor does not herein expressly or impliedly waive or release any rights of subrogation that Guarantor may have against Borrower (except as same are expressly subordinated as provided herein), rights of contribution that Guarantor may have against any other guarantor of, or other person secondarily liable for, the payment of the Indebtedness or performance of the Obligations or rights of reimbursement that Guarantor may have as against Borrower (except as same may be limited herein).
Waiver of Right of Subrogation. Each of the Obligors recognizes and agrees that, except for any right of contribution arising pursuant to Section 2 hereof, each Obligor which makes any payment in respect of the Obligations shall have no right of contribution or subrogation against any other Obligor in respect of such payment, any such right of contribution or subrogation arising under law or otherwise being expressly waived by all Obligors.
Waiver of Right of Subrogation. Except as otherwise expressly provided in this Agreement, Contractor, on behalf of itself and all parties claiming under or through it, hereby waives all rights of subrogation against the Indemnitees, while acting within the scope of their duties, from all claims, losses and liabilities arising out of or incident to activities or operations performed by or on behalf of the Contractor.
Waiver of Right of Subrogation. Until such time as the Loan is paid and the Obligations are satisfied in full, Guarantor shall have no rights of subrogation, reimbursement or indemnity against Borrower or right of contribution against any other guarantor of, or other person secondarily liable for, the payment of the Loan or performance of the Obligations.
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.
