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. 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. 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. 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. Inasmuch as such agreement is permitted in their insurance policies covering buildings, equipment, tenant's improvements, fixtures and stock, LESSOR and LESSEE each hereby releases and waives the right of subrogation against the other including their officers, directors and employees, if any, for any damage or loss to property caused by fire, explosion or other hazard covered by an extended coverage policy.
Waiver of Right of Subrogation. To the fullest extent permitted by Applicable Law, Guarantor waives all rights at law or in equity to seek subrogation, contribution, indemnification or any other form of reimbursement or repayment from any Borrower Party or any other guarantor of, or any other party secondarily liable for, the payment or performance of the Indebtedness or the Guaranteed Obligations until the Indebtedness has been paid and performed in full. When the Indebtedness has been indefeasibly paid and fully performed, Guarantor will be subrogated to the rights of Agent against Borrower and any endorsers, sureties or other guarantors to the extent of the payments that Guarantor makes on the Guaranteed Obligations.
Waiver of Right of Subrogation. All insurance policies required by this Agreement shall waive all rights of subrogation against the County of Orange and members of the Board of Supervisors, its elected and appointed officials, officers, agents and employees when acting within the scope of their appointment or employment. The Workers’ Compensation policy shall contain a waiver of subrogation endorsement waiving all rights of subrogation against the County of Orange, and members of the Board of Supervisors, its elected and appointed officials, officers, agents and employees.
Waiver of Right of Subrogation. Notwithstanding any payment or ------------------------------ payments made by Xxxxxxx Armani hereunder, Xxxxxxx Armani will not exercise any rights of Access Capital against the Company by way of subrogation, reimbursement or indemnity, and shall have no right of recourse to any assets or property of the Company held for the payment and performance of its Obligations, whether or not the Obligations of the Company shall be satisfied. If there is more than one obligor, each obligor agrees not to seek contribution from any other obligor until all the Obligations shall have been paid in full. If any amount shall nevertheless be paid to Xxxxxxx Armani, such amount shall be held in trust for the benefit of Access Capital and shall forthwith be paid to Access Capital to be credited and applied to the Obligations, whether matured or not matured. The provisions of this Section 4 shall survive termination of this Anti-Fraud and Performance Agreement.
Waiver of Right of Subrogation. Consultant, on behalf of itself and all parties claiming under or through it, hereby waives all rights of subrogation and contribution against the Indemnitees.
