Assumed Risks definition
Examples of Assumed Risks in a sentence
DMD will, and hereby agrees to, indemnify and hold harmless SUNI from and against any losses, costs, liability or damages that SUNI may suffer as a result of such DMD Assumed Risks.
Optionee, for itself and for the Optionee's Agents, hereby releases, waives, discharges, covenants not to ▇▇▇, indemnifies, protects, defends (with legal counsel acceptable to Owner) and agrees to hold harmless Owner and Owner's Indemnitees, and each of them, from and against any and all any liability, loss, damage, injury, claim, cost and expense (including attorneys' fees and costs) of any kind or character to any person or property arising from, related to or caused by the Assumed Risks.
Such Assumed Risks do not include injury, harm, or damage caused by (1) any act or omission of Landlord, its officers, agents, employees, contractors or anyone else for whom Landlord may be liable except Tenant or a Tenant Affiliate, or (2) any act or omission of any third party who is not a Tenant Affiliate utilizing the Access Easement.
To induce Landlord to provide such Patrols as Landlord deems reasonable, appropriate and economically feasible, if any, Tenant agrees Landlord shall not be liable for, and Tenant shall defend, indemnity and hold Landlord harmless from any claims arising from any such Assumed Risks, including claims caused by the sole or concurrent negligent act or omission, whether active or passive, of Landlord or such Patrols.
DMD assumes all risk, responsibility and liability arising out of defects in the Sensor Assembly Components and Board Assemblies, except to the extent that such liability arises from defects in the design for which SUNI is liable in accordance with the terms and conditions of the Development Agreement or its omissions or negligence or defects in the services provided by SUNI under this Agreement and for which SUNI is liable in accordance with Section 9.5 above (collectively, the "DMD Assumed Risks").