Common use of Insurance; Subrogation Clause in Contracts

Insurance; Subrogation. No indemnity shall be paid to the other party under this Agreement where the claim, damage, liability, loss or expense incurred was required to be insured against by such other party. Any insurance policies obtained by the parties pursuant to this Agreement shall contain provisions or have the effect of waiving any right of subrogation by the insurer of one party against the other party or its insurer.

Appears in 6 contracts

Samples: Management Agreement (Capital Senior Living Corp), Management Agreement (Capital Senior Living Corp), Management Agreement (Capital Senior Living Corp)

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Insurance; Subrogation. No indemnity shall be paid to the other party under this Agreement where the claim, damage, liability, loss or expense incurred was or was not required to be insured against by such other partyagainst. Any insurance policies obtained by the parties pursuant to this Agreement shall contain provisions or have the effect of waiving any right of subrogation by the insurer of one party against the other party or its insurer.

Appears in 2 contracts

Samples: Management Agreement (Capital Senior Living Corp), Management Agreement (Capital Senior Living Corp)

Insurance; Subrogation. No indemnity shall be paid to the other party under this Agreement where the claim, damage, liability, loss or expense incurred was required to be insured against by such other partyagainst. Any insurance policies obtained by the parties pursuant to this Agreement shall contain provisions or have the effect of waiving any right of subrogation by the insurer of one party against the other party or its insurer.

Appears in 1 contract

Samples: Management and Marketing Agreement (Capital Senior Living Corp)

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Insurance; Subrogation. No indemnity shall be paid to the other party under this Agreement where the claim, damage, liability, loss or expense incurred was required to be insured against by such other party. Any insurance policies obtained by the parties pursuant to this Agreement shall contain provisions or have the effect of waiving any right of subrogation by the insurer of one party against the other party or its insurer.contain

Appears in 1 contract

Samples: Management Agreement (Capital Senior Living Corp)

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