WAIVER OR SUBROGATION. OWNER AND ITS INSURERS WAIVE ANY AND ALL RIGHTS TO SUBROGATION AGAINST THE MARINA.
WAIVER OR SUBROGATION. Landlord and Tenant agree that with respect to any property loss which is covered by insurance then being carried by Landlord or Tenant, respectively, the party carrying such insurance and suffering said loss releases the other of and from any and all claims with respect to such loss; and they further agree that their respective insurance companies shall have no right of subrogation against the other on account thereof.
WAIVER OR SUBROGATION. It is the intention and agreement of both Parties that any insurance carriers involved shall not be entitled to subrogation under any circumstances against any Party to this Agreement. Neither Party shall have any interest or claim in the other’s insurance policy or policies, or in the proceeds thereof, unless specifically covered therein as an additional insured.
WAIVER OR SUBROGATION. Tenant hereby releases Landlord and its members, managers, officers, agents and employees, from any claim for damage or destruction to the Demised Premises and the contents thereof belonging to Tenant, its employees, agents or invitees, for the business interruption of Tenant, caused by fire or any other peril insured under fire and extended coverage insurance, whether due to the negligence of either Landlord or Tenant or otherwise., provided, however, this provision does not apply if such damage is due to the gross negligence or willful misconduct of Landlord.
WAIVER OR SUBROGATION. Each party hereby waives any right of recovery against the other for injury or loss covered by insurance or required to be covered, to the extent of the injury or loss covered thereby. Any policy of insurance to be provided by Tenant pursuant to this Article X shall contain a clause denying the insurer any right of subrogation against Landlord.
WAIVER OR SUBROGATION. Landlord and Tenant each release the other and their respective agents and employees from all liability to each other, or anyone claiming through or under them, by way of subrogation or otherwise, for any loss or damage to property caused by or resulting from risks insured against under this Lease pursuant to insurance policies carried by the parties which are in force at the time of the loss or damage. Landlord and Tenant will each request its respective property insurance carrier to include in policies provided pursuant to this Lease an endorsement recognizing this waiver of subrogation.
WAIVER OR SUBROGATION. Lessee hereby releases Lessor, and waives its entire right of recovery against Lessor, for direct or consequential loss, damage or expense arising out of or resulting from fire, explosion or other casualty or occurrence incurred by Lessor, which loss, damage or expense IS THEN COVERED IN WHOLE OR IN PART BY THE INSURANCE MAINTAINED, OR REQUIRED TO BE MAINTAINED PURSUANT TO THIS LEASE, whether due to the negligence of Lessor or Lessee or their agents, employees, contractors and/or invitees. If necessary, all property insurance policies required under this Lease shall be endorsed to so provide.
WAIVER OR SUBROGATION. Each of the parties hereto waives any and all rights of recovery against the other or against the officers, employees, agents, representatives of such other party for loss of or damage to such waiving party or its property or the property of others under its control, arising from any cause insured against under the standard form of fire insurance policy with all permissible extension endorsements covering additional parts or under any other policy of insurance carried by such waiving party in lieu thereof, provided said waiver does not adversely affect such insurance.
WAIVER OR SUBROGATION. Without affecting any other rights or remedies, Lessee and Lessor ("Waiving Party") each hereby release and relieve the other, and waive their entire right to recover damages (whether in contract or in tort) against the other, for loss of or damage to the Waiving Party's property arising out of or incident to the perils required to be insured against under Paragraph 8. The effect of such releases and waivers of the right to recover damages shall not be limited by the amount of insurance carried or required, or by any deductibles applicable thereto.
WAIVER OR SUBROGATION. Lessee and Lessor each hereby release and relievehe other, and waive their entire right of recovery against the other for loss or damage arising out of or incident to the perils insured against under paragraph 9.3, which perils occur in, on or about the Premises, whether due to the negligence of Lessor or Lessee or their agents, employees, contractors and/or invitees. Lessee and Lessor shall, upon obtaining the policies of insurance required hereunder, give notice to the insurance carrier or carriers that the foregoing mutual waiver of subrogation is contained in this lease.
