Waiver of Subrogation definition

Waiver of Subrogation means a provision in, or endorsement to, any Property Insurance policy, by which the carrier agrees to waive rights of recovery by way of subrogation against either party to this Lease for any loss such policy covers.
Waiver of Subrogation. As required in Part B.1.C above.
Waiver of Subrogation means a provision in, or endorsement to, any insurance policy, by which the carrier agrees to waive rights of recovery by way of subrogation against either Party to this Agreement for any loss such policy covers.

Examples of Waiver of Subrogation in a sentence

  • If Contractor maintains any insurance for loss of damage to Contractor’s property, such must be endorsed to include a Waiver of Subrogation against the City of Wilton Manors.

  • Include a Waiver of Subrogation in favor of all Additional Insureds.

  • The policy must contain a Waiver of Subrogation in favor of the City of Wilton Manors.

  • The Worker’s Compensation Coverage shall be endorsed with a Waiver of Subrogation.

  • A Waiver of Subrogation is to be shown in favor of the Railroad as respects to the General Liability, Automobile Liability and Workers’ Compensation.


More Definitions of Waiver of Subrogation

Waiver of Subrogation. Each policy listed above shall also contain a waiver of subrogation in favor of Xxxxxxx.
Waiver of Subrogation. Consultant agrees by entering into this contract to a Waiver of Subrogation for each required policy herein. When required by the insurer, or should a policy condition not permit Consultant to enter into an pre-loss agreement to waive subrogation without an endorsement, then Consultant agrees to notify the insurer and request the policy be endorsed with a Waiver of Transfer of Rights of Recovery Against Others, or its equivalent. This Waiver of Subrogation requirement shall not apply to any policy, which includes a condition specifically prohibiting such an endorsement, or voids coverage should Consultant enter into such an agreement on a pre-loss basis. Certificate(s) of Insurance: Consultant agrees to provide JAA a Certificate(s) of Insurance evidencing that all coverages, limits and endorsements required herein are maintained and in full force and effect. Said Certificate(s) of Insurance shall include a minimum thirty (30) day endeavor to notify due to cancellation or non-renewal of coverage. JAA will accept a third party cancellation endorsement to the certificate. The Certificate Holder address shall read: Jacksonville Aviation Authority Risk Management Department 00000 Xxxxx Xxxx Xxxx Xxxxx Xxxxxxxxxxxx, XX 00000 Umbrella or Excess Liability: Consultant may satisfy the minimum liability limits required above for Commercial General Liability and Business Auto Liability under an Umbrella or Excess Liability policy. There is no minimum Per Occurrence limit of liability under the Umbrella or Excess Liability; however, the Annual Aggregate limit shall not be less than the highest “Each Occurrence” limit for the Commercial General Liability and Business Auto Liability. Consultant agrees to endorse JAA as an “Additional Insured” on the Umbrella or Excess Liability, unless the Certificate of Insurance states the Umbrella or Excess Liability provides coverage on a pure “True Follow-Form” basis. Right to Revise or Reject: JAA reserves the right, but not the obligation, to review and revise any insurance requirement, not limited to limits, coverages and endorsements based on insurance market conditions affecting the availability or affordability of coverage; or changes in the scope of work / specifications affecting the applicability of coverage. Additionally, the JAA reserves the right, but not the obligation, to review and reject any insurance policies failing to meet the criteria stated herein or any insurer providing coverage due
Waiver of Subrogation. The Lessor and the Lessee hereby waive any rights each may have against the other on account of any loss or damage occasioned to the Lessor or the Lessee, as the case may be, their respective property, or the building upon the demised premises arising in any manner generally covered by fire and extended coverage insurance, and the parties each agree to use their best efforts to have their respective insurance companies insuring the property of either the Lessor or the Lessee against any such loss, waive any right to subrogation that it may have against the Lessor or the Lessee, as the case may be.
Waiver of Subrogation. The Guarantor expressly waives any and all right of subrogation, contribution, reimbursement, indemnity, exoneration, implied contract, recourse to security or any other claim (including any claim, as that term is defined in the federal Bankruptcy Code, and any amendments) which the Guarantor may now have or later acquire against the Borrower, any other entity directly or contingently liable for the Liabilities or against the Collateral, arising from the existence or performance of the Guarantor's obligations under this Guaranty. The Guarantor further agrees that should any payments to the Bank on the Liabilities be in whole or in part invalidated, declared to be fraudulent or preferential, set aside or required to be repaid to a trustee, receiver or any other party under any bankruptcy act or code, state or federal law, common law or equitable doctrine, this Guaranty and any Collateral shall remain in full force and effect (or be reinstated as the case may be) until payment in full of any such amounts, which payment shall be due on demand.
Waiver of Subrogation. The Offeror agrees to release and discharge CCPS of and from all liability to the Offeror, and to anyone claiming by, through or under the Offeror, by subrogation or otherwise, on account of any loss or damage to tools, machinery, equipment or other property, however caused.
Waiver of Subrogation. Policy shall contain a waiver of subrogation against the State of Arizona, its departments, agencies, boards, commissions, universities and its officers, officials, agents, and employees for losses arising from performance under this Agreement by or on behalf of the Licensee. The waiver of subrogation applies to Commercial General Liability, Auto Liability, and Workers’ Compensation. The Licensee shall either: 1) request and secure an endorsement to the policy to provide notice of cancellation to the Additional Insured or Certificate Holder; or 2) Licensee must notify Northern Arizona University in writing in the event of a policy cancellation, with thirty (30) days notice. Each insurance policy required by this Agreement must be in effect at or prior to arrival and remain in effect for the duration of the event. Failure to maintain the insurance policies as required by this Agreement, or to provide evidence of renewal, is a material breach of this Agreement. All certificates required by this Agreement shall be sent directly to Northern Arizona University. Event description shall be noted on the certificate of insurance. The University reserves the right to require complete, certified copies of all insurance policies required by this Agreement at any time. Do not send certificates of insurance to the state of Arizona's Risk Management section.
Waiver of Subrogation. The undersigned waive(s) any and all rights (whether by subrogation, indemnity, reimbursement, or otherwise) to recover from the Borrower any amounts paid by the undersigned pursuant to this Guaranty until the Indebtedness has been paid in full.