Common use of Mutual Waiver of Subrogation Clause in Contracts

Mutual Waiver of Subrogation. For the purpose of waiver of subrogation, the parties mutually release and waive unto the other all rights to claim damages, costs or expenses for any injury to persons (including death) or property caused by a casualty of any type whatsoever in, on or about the Premises if the amount of such damage, cost or expense has been paid to such damaged party under the terms of any policy of insurance. All insurance policies carried with respect to this Lease, if permitted under applicable law, shall contain a provision whereby the insurer waives, prior to loss, all rights of subrogation against either Landlord or Tenant.

Appears in 4 contracts

Samples: Mecklenburg    Lease Agreement (Coca-Cola Consolidated, Inc.), Lease Agreement (Syntel Inc), Lease Agreement (H Power Corp)

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Mutual Waiver of Subrogation. For the purpose of waiver of subrogation, the parties mutually release and waive unto the other all rights to claim damages, costs or expenses for any injury to persons (including death) or property caused by a casualty of or any type other matter whatsoever in, on or about the Premises if the amount of such damage, cost or expense has been paid to such damaged party under the terms of any policy of insurance. All insurance policies carried with respect to this Lease, if permitted under applicable law, shall contain a provision whereby the insurer waives, prior to loss, all rights of subrogation against either Landlord or Tenant.

Appears in 2 contracts

Samples: Lease Agreement (Icagen Inc), Lease Agreement (Inspire Pharmaceuticals Inc)

Mutual Waiver of Subrogation. For the purpose of waiver of subrogation, the parties mutually release and waive unto the other all rights to claim damages, costs or expenses for any injury to persons (including death) or property caused by a casualty of or any type other matter whatsoever in, on or about the Premises if to the amount of extent that such damage, cost or expense has been paid to such damaged party under the terms of any policy of insurance. All insurance policies carried with respect to this Lease, if permitted under applicable law, shall contain a provision whereby the insurer waives, prior to loss, all rights of subrogation against either Landlord or Tenant.

Appears in 2 contracts

Samples: Lease Agreement (Inspire Pharmaceuticals Inc), Lease Agreement (Sciquest Com Inc)

Mutual Waiver of Subrogation. For the purpose of waiver of subrogation, the parties mutually release and waive unto the other other, all rights to claim damages, costs or expenses expense for any injury to persons (including death) or property caused by a casualty of any type whatsoever in, on or about the Premises if the amount of such damage, cost or expense expenses has been paid to such damaged party under the terms of any policy of insurance. All insurance policies carried with respect to this Lease, if permitted under applicable law, shall contain a provision whereby the insurer waives, waives prior to loss, all rights of subrogation against either Landlord or Tenant.

Appears in 1 contract

Samples: Lease Agreement (Solutionsamerica Inc)

Mutual Waiver of Subrogation. For the purpose of the waiver of subrogation, the parties mutually release and waive unto the other all rights to claim damages, costs or expenses for any injury to persons (including death) or property caused by a casualty of any type whatsoever whatsoever, in, on or about the Premises if the amount of such damage, cost or expense has been paid to such damaged party under the terms of any policy of insurance. All insurance policies carried with respect to this Lease, if permitted under applicable law, shall contain a provision whereby the insurer waives, prior to loss, all rights of subrogation against either Landlord or Tenant.

Appears in 1 contract

Samples: Lease Agreement (VCG Holding Corp)

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Mutual Waiver of Subrogation. For the purpose of waiver of subrogation, the parties mutually release and waive unto the other other, all rights to claim damages, costs or expenses expense for any injury to persons (including death) or property caused by a casualty of any type whatsoever in, on or about the Premises if the amount of such damage, cost or expense expenses has been paid to such damaged party under the terms of any policy of insurance. All insurance policies carried with respect to this Lease, if permitted under applicable law, shall contain a provision whereby the insurer waives, waives prior to loss, loss all rights of subrogation against either Landlord Lessor or TenantLessee.

Appears in 1 contract

Samples: Lease Agreement (Aftermarket Technology Corp)

Mutual Waiver of Subrogation. For the purpose of waiver of subrogation, the parties mutually release and waive unto the other all rights to claim damages, costs or expenses for any injury to persons (including death) property of Landlord or property Tenant caused by a casualty of any type whatsoever in, on or about the Premises if the amount of such damage, cost or expense has been paid to such damaged party under the terms of any policy of insurance. All insurance policies carried with respect to this Lease, if permitted under applicable law, shall contain a provision whereby the insurer waives, prior to loss, all rights of subrogation against either Landlord or Tenant.

Appears in 1 contract

Samples: Lease Agreement (Shutterfly Inc)

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