Common use of Waiver of Subrogation, Reimbursement, Indemnification, and Contribution Clause in Contracts

Waiver of Subrogation, Reimbursement, Indemnification, and Contribution. For so long as Consideration remains due hereunder, each El Paso Settling Party waives and agrees that it will not seek to exercise any of the following rights it may have against any other El Paso Settling Party or El Paso Pledgor arising from or relating in any way to its payment or performance of the Consideration: (i) subrogation (including any rights arising under Bankruptcy Code § 509 and under California Civil Code §§ 2848 and 2849); (ii) reimbursement (including any rights arising under California Civil Code § 2847); (iii) performance (including any rights arising under California Civil Code § 2846); (iv) indemnification; and (v) contribution (including any rights arising under Bankruptcy Code § 509 and under California Civil Code §§ 1432, 2848 and 2849).

Waiver of Subrogation, Reimbursement, Indemnification, and Contribution. For so long as Consideration remains due hereunder, each El Paso Settling Party waives and agrees that it will not seek to exercise any of the following rights it may have against any other El Paso Settling Party or El Paso Pledgor arising from or relating in any way to its payment or performance of the Consideration: (i) subrogation (including any rights arising under Bankruptcy Code § Section 509 and under California Civil Code §§ Sections 2848 and 2849); (ii) reimbursement (including any rights arising under California Civil Code § Section 2847); (iii) performance (including any rights arising under California Civil Code § Section 2846); (iv) indemnification; and (v) contribution (including any rights arising under Bankruptcy Code § Section 509 and under California Civil Code §§ Sections 1432, 2848 and 2849).