Insurance Indemnity and Waiver of Subrogation Sample Clauses

Insurance Indemnity and Waiver of Subrogation. 13.1 Indemnity -
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Insurance Indemnity and Waiver of Subrogation. Indemnification - To the fullest extent permitted by law, the Construction Manager shall indemnify and hold harmless the Owner and its agents and employees of any of them from and against claims, damages, losses and expenses, including but not limited to attorneys’ fees, arising out of or resulting from performance of the Work, provided that such claim, damage, loss or expense is attributable to bodily injury, sickness, disease or death, or to injury to or destruction of tangible property (other than the Work itself), but only to the extent caused by the negligent or intentional acts or omissions of the Construction Manager , a Subcontractor, anyone directly or indirectly employed by them or anyone for whose acts they may be liable, regardless of whether or not such claim, damage, loss or expense is caused in part by a party indemnified hereunder. Such obligation shall not be construed to negate, abridge, or reduce other rights or obligations of indemnity which would otherwise exist as to a party or person described in this Section. The foregoing provisions of this paragraph to the contrary notwithstanding, the Construction Manager ’s liability to indemnify the Owner for the Owner’s own negligence as set forth herein shall: 1.) be limited to $1 million dollars per occurrence, which the Owner and Construction Manager agree is reasonable given the size of this Project and the amount of general liability coverage maintained by the Construction Manager , including umbrella coverage; 2.) be limited to the acts, omissions or defaults of the Construction Manager , any of the Construction Manager ’s subcontractors, sub- subcontractors, material men, or agent of any tier or their respective employees, or of the Owner, or the Owner’s officers, directors, agents or employees: provided, however, that such indemnification shall not include claims of, or damages resulting from gross negligence, or willful, wanton or intentional misconduct of the Owner, or the Owner’s officers, directors, agents or employees, or for statutory violation or punitive damages, except and to the extent the statutory violation or punitive damages are caused by or result from the acts or omissions of the Construction Manager or any of the Construction Manager ’s subcontractors, sub-subcontractors, material men, or agents of any tier or their respective employees. The preceding provisions have been added specifically to memorialize the Owner and the Construction Manager’s intent that the provisi...
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Insurance Indemnity and Waiver of Subrogation. (1) The Construction Manager agrees to indemnify and hold the Owner and Architect-Engineer harmless from all claims for bodily injury and property damage (other than the work itself and other property insured under Paragraph 13.2(3)) that may arise from the Construction Manager's operations under this Agreement.
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Insurance Indemnity and Waiver of Subrogation. (a) Tenant shall carry, at all times while this Lease is in force, insurance required by applicable law and consistent with prudent industry standards, including broad form blanket contractual liability coverage and a waiver of subrogation to claims against Landlord. Said insurance shall specifically include, but not be limited to, the following:
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Insurance Indemnity and Waiver of Subrogation. Section 10.1 Tenant at its own expense shall maintain public liability insurance insuring Tenant and Landlord with minimum coverage as follows: Property and Liability Damage: $1,000,000.00 per occurrence Tenant, at its own expense, shall maintain plate glass insurance. Tenant shall provide Landlord with a certificate of insurance from an insurance company qualified to do business in the State of New York which is reasonably acceptable to Landlord as evidencing the existence of the foregoing insurance. Landlord shall have the right from time to time (but not more often than annually) to require that Tenant increase or otherwise modify the insurance coverage referred to above so as to cause said coverage to be consistent with the then current real estate industry standards in the City of Albany, New York. Landlord shall require all other tenants in the Capital Center of which the Leased Premises are a part to maintain coverage in amounts similar to Tenant's. Notwithstanding any terms of this Lease to the contrary, Tenant shall pay the cost of any increase in Landlord's insurance costs that the insurance carrier of Landlord attributes to the presence of Tenant upon the Leased Premises or to the transaction of Tenant's business activities thereon. Tenant agrees throughout the term of the Lease to maintain insurance against loss or damages by fire, theft and such other risks and hazards as are insurable under present and future standard forms of fire and extended coverage insurance policies, to the personal property, furniture, furnishings and fixtures belonging to Tenant located in the Leased Premises, for the actual cash value thereof less depreciation, with the New York standard co-insurance clauses for not less than eighty percent (80%) of such actual cash value. Upon the occurrence of any casualty insured against, Tenant shall have full authority to, and shall take all necessary measures to negotiate, compromise or adjust any loss under Tenant's policy. All fire, theft and extended coverage insurance maintained by Landlord and Tenant on the Capital Center and the Leased Premises, the property therein, and the building and its appurtenances shall include a waiver by the insurer of all right of recovery against Landlord or Tenant in connection with any loss or damage by theft, fire, or peril included within fire and extended coverage insurance and neither party shall be liable to the other for loss or damage resulting from such included claims with respect t...
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Insurance Indemnity and Waiver of Subrogation. 13.1 INDEMNIFICATION - To the fullest extent permitted by law, the CONSTRUCTION MANAGER agrees to indemnify, defend and hold harmless the AUTHORITY, its officers, agents, volunteers, and employees from and against all claims, damages, losses, and expenses, including but not limited to attorneys’ fees, court costs, or other alternative dispute resolution costs arising out of, resulting from, or otherwise but for the performance or furnishing of work or services under this Agreement or Project; provided that any such claim, damage, loss or expense is attributable to bodily injury, sickness, disease, death, or personal injury, or property damage, including the loss of use or diminution in value resulting therefrom; but only to the extent caused in whole or in part by the actual or alleged negligent acts, errors, or omissions of the CONTRACTOR, CONTRACTOR’s subcontractor(s), or anyone directly or indirectly employed or hired by CONTRACTOR or anyone for whose acts CONTRACTOR may be liable. The AUTHORITY reserves the right, but not the obligation, to participate in defense without relieving CONTRACTOR of any obligation hereunder. The CONSTRUCTION MANAGER agrees, to maintain on a primary basis during the life of this Contract, or the performance of work hereunder, insurance coverage’s, limits, and endorsements as required herein or set forth in the Insurance Coverage & Limit Table below. The CONSTRUCTION MANAGER agrees the insurance requirements herein as well as AUTHORITY’S review or acknowledgement, is not intended to and shall not in any manner limit or qualify the liabilities and obligations assumed by the CONSTRUCTION MANAGER under this Contract.
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Insurance Indemnity and Waiver of Subrogation 
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Related to Insurance Indemnity and Waiver of Subrogation

  • Waiver of Subrogation Until this Indenture is discharged and all of the Notes are discharged and paid in full, each Guarantor hereby irrevocably waives and agrees not to exercise any claim or other rights which it may now or hereafter acquire against the Company that arise from the existence, payment, performance or enforcement of the Company’s obligations under the Notes or this Indenture and such Guarantor’s obligations under this Guarantee and this Indenture, in any such instance including, without limitation, any right of subrogation, reimbursement, exoneration, contribution, indemnification, and any right to participate in any claim or remedy of the Holders against the Company, whether or not such claim, remedy or right arises in equity, or under contract, statute or common law, including, without limitation, the right to take or receive from the Company, directly or indirectly, in cash or other property or by set-off or in any other manner, payment or security on account of such claim or other rights. If any amount shall be paid to any Guarantor in violation of the preceding sentence and any amounts owing to the Trustee or the Holders of Notes under the Notes, this Indenture, or any other document or instrument delivered under or in connection with such agreements or instruments, shall not have been paid in full, such amount shall have been deemed to have been paid to such Guarantor for the benefit of, and held in trust for the benefit of, the Trustee or the Holders and shall forthwith be paid to the Trustee for the benefit of itself or such Holders to be credited and applied to the obligations in favor of the Trustee or the Holders, as the case may be, whether matured or unmatured, in accordance with the terms of this Indenture. Each Guarantor acknowledges that it will receive direct and indirect benefits from the financing arrangements contemplated by this Indenture and that the waiver set forth in this Section 11.05 is knowingly made in contemplation of such benefits.

  • Mutual Waiver of Subrogation Landlord hereby releases Tenant, and Tenant hereby releases Landlord and its respective partners, principals, members, officers, agents, employees and servants, from any and all liability for loss, damage or injury to the property of the other in or about the Leased Premises or the Property which is caused by or results from a peril or event or happening which is covered by insurance actually carried and in force at the time of the loss by the party sustaining such loss; provided, however, that such waiver shall be effective only to the extent permitted by the insurance covering such loss and to the extent such insurance is not prejudiced thereby.

  • Insurance Indemnification A. The School agrees to provide the following proof of insurance:

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