Common use of No Insurance; Subrogation Clause in Contracts

No Insurance; Subrogation. To the extent of the indemnification obligations in this Agreement, Buyer and Seller hereby waive for themselves, their successors and assigns, including any insurers, any rights to subrogation for Losses for which each of them is respectively liable or against which each respectively indemnifies the other, and, if required by applicable policies, Buyer and Seller shall obtain waiver of such subrogation from their respective insurers.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Cimarex Energy Co), Purchase and Sale Agreement (Callon Petroleum Co), Purchase and Sale Agreement (Oasis Petroleum Inc.)

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No Insurance; Subrogation. To the extent of the indemnification obligations The indemnifications provided in this Agreement, Agreement shall not be construed as a form of insurance. Buyer and Seller hereby waive for themselves, their successors and or assigns, including including, without limitation, any insurers, any rights to subrogation for Losses for which each of them is respectively liable or against which each respectively indemnifies the other, and, if required by applicable policies, Buyer and Seller shall obtain waiver of such subrogation from their respective insurers.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Western Gas Partners LP), Purchase and Sale Agreement (PetroHunter Energy Corp)

No Insurance; Subrogation. To the extent of the indemnification obligations The indemnifications provided in this Agreement, Agreement shall not be construed as a form of insurance. Buyer and Seller hereby waive for themselves, themselves and their successors and or assigns, including any insurers, any rights to subrogation for Losses for which each of them is respectively liable or against which each respectively indemnifies the other, and, if required by applicable policies, Buyer and Seller shall obtain waiver of such subrogation from their respective insurers.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Energy XXI LTD), Purchase and Sale Agreement (CorEnergy Infrastructure Trust, Inc.)

No Insurance; Subrogation. To the extent of the indemnification obligations in this Agreement, Buyer Purchaser and Seller hereby waive for themselves, their successors and assigns, including any insurers, any rights to subrogation for Losses for which each of them is respectively liable or against which each respectively indemnifies the other, and, if required by applicable policies, Buyer Purchaser and Seller shall obtain waiver of such subrogation from their respective insurers.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Torchlight Energy Resources Inc)

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No Insurance; Subrogation. To the extent of the indemnification obligations The indemnifications provided in this Agreement, Agreement shall not be construed as a form of insurance. Buyer and Seller hereby waive for themselves, their successors and or assigns, including any insurers, any rights to subrogation for Losses for which each of them is respectively liable or against which each respectively indemnifies the other, and, if required by applicable policies, Buyer and Seller shall obtain waiver of such subrogation from their respective insurers.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Forestar Group Inc.)

No Insurance; Subrogation. To the extent of the indemnification obligations in this Agreement, Buyer and Seller Sellers hereby waive for themselves, their successors and assigns, including any insurers, any rights to subrogation for Losses for which each of them is respectively liable or against which each respectively indemnifies the other, and, if required by applicable policies, Buyer and Seller Sellers shall obtain waiver of such subrogation from their respective insurers.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Synergy Resources Corp)

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