Waivers of Claims. Sublandlord and Subtenant each hereby waive any and every claim for recovery from the other for any and all loss of or damage to their respective property, which loss or damage is covered by valid and collectible physical damage insurance policies, to the extent that such loss or damage is recoverable under said insurance policies. Inasmuch as this mutual waiver will preclude the assignment of any such claim by subrogation or otherwise to an insurance company or any other person, Sublandlord and Subtenant each agree to give to each insurance company which has issued, or in the future may issue, policies of physical damage insurance, written notice of the terms of this mutual waiver, and to have said insurance policies properly endorsed, if necessary, to prevent the invalidation of said insurance coverage by reason of said waiver.
Waivers of Claims. During the Applicable Diligence Period, Seller shall not cancel or compromise any debt or claim, or waive or release any material right relating to the Real Property and the Assumed Liabilities.
Waivers of Claims. The Company shall have received assignments of rights, waivers and releases, in each instance in form and substance satisfactory to counsel to the Purchasers, with respect to all intellectual property aspects of the Company's proposed business, including, without limitation, from Ericxxx Xxxketing Communications, Mark X.
Waivers of Claims. The holders of at least ninety six (96%) of the outstanding shares of Company Capital Stock (including, for further clarity, the persons set forth in Schedule 1-A) shall have entered into the Agreement and General Release (Stockholders) in the form attached hereto as Exhibit H and each such Agreement and General Release shall be in full force and effect at and as of the Effective Time. Each of the directors and officers of the Company as of the date hereof and as of the Closing shall have entered into the Agreement and General Release (Directors and Officers) in the form attached hereto as Exhibit I and each such Agreement and General Release shall be in full force and effect at and as of the Effective Time.
Waivers of Claims. Each of the Key Employees shall have entered into the General Release (Directors and Officers) in the form attached hereto as Exhibit F.
Waivers of Claims. From and after the Schedule Delivery Date, Seller shall not cancel or compromise any debt or claim, or waive or release any material right relating to the Facility Assets and the Assumed Liabilities, other than such adjustments with respect to Persons involved with this transaction. If any Assumed Buyer’s Contract necessary for the operation of the Facility expires or is terminated prior to the Closing Date, Seller will replace such Assumed Buyer’s Contract with a contract approved by Buyer, such approval not to be unreasonably withheld. The preceding sentence shall not be deemed a limitation of the obligations of Seller under Section 5.4.
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Waivers of Claims. Landlord and Tenant hereby waive any and all rights to recover against the other and against other tenants or occupants of the Building, and against their respective officers, directors, stockholders, partners, employees, agents, representatives, customers or business visitors, for damage to such waiving party or loss of its property or the property of others under its control arising from any cause covered by any property insurance required to be carried by such waiving party hereunder or actually carried by such waiving party, to the extent of the limits of such property insurance. The foregoing waiver shall be effective only so long as it does not invalidate any insurance coverage carried by the waiving party and only so long as it is permitted by such party's insurance carrier without payment of an additional premium, but if such waiver is available at an additional premium, the party benefiting therefrom shall have the right to pay the additional premium for such waiver.
Waivers of Claims. Concessionaire hereby waives any claim against the City of Tampa, Hillsborough County, State of Florida and Authority, and its officers, Board Members, agents, or employees, for loss of anticipated profits caused by any suit or proceedings directly or indirectly attacking the validity of this Contract or any part thereof, or by any judgment or award in any suit or proceeding declaring this Contract null, void, or voidable, or delaying the same, or any part hereof, from being carried out.
Waivers of Claims
