Common use of Waiver of Subrogation; Lessee Assumes Risk of Adequacy Clause in Contracts

Waiver of Subrogation; Lessee Assumes Risk of Adequacy. Lessee shall have all policies of insurance provide that the insurance company will have no right of subrogation against either party hereto, their agents or employees. Lessee assumes all risks in connection with the adequacy of any insurance or self-insurance program.

Appears in 8 contracts

Samples: Management Agreement (ESH Hospitality, Inc.), Management Agreement (Extended Stay America, Inc.), Management Agreement (ESH Hospitality, Inc.)

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Waiver of Subrogation; Lessee Assumes Risk of Adequacy. Lessee shall have all policies of insurance provide that the insurance company will have no right of subrogation against either any party hereto, their agents or employees. Lessee assumes all risks in connection with the adequacy of any insurance or self-insurance program.

Appears in 4 contracts

Samples: Management Agreement (ESH Hospitality, Inc.), Management Agreement (ESH Hospitality, Inc.), Management Agreement (ESH Hospitality LLC)

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Waiver of Subrogation; Lessee Assumes Risk of Adequacy. Lessee shall have all policies of insurance provide that the insurance company will have no right of subrogation against either party hereto, their agents or employees. Lessee assumes all risks in connection with the adequacy of any insurance or self-insurance program, and subject to the provisions of Article XV hereof, waives any claim against Manager for any liability, costs or expenses arising out of any uninsured claim, in part or in full, of any nature whatsoever.

Appears in 1 contract

Samples: Master Management Agreement (Equity Inns Inc)

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