Additional Insured/Waiver of Rights of Recourse Sample Clauses

Additional Insured/Waiver of Rights of Recourse. All such insurances will include Buyer Group as additional insureds to the extent of the liabilities assumed by Seller under this Agreement and will be primary as regards any other coverage in respect of the risks assumed by Seller hereunder. Seller will obtain from its insurers a waiver of all rights of recourse, including without limitation subrogation, against the Buyer Group. All policies will be endorsed by use of language substantially similar to: "The insurers waive their rights of subrogation against McWane India Private Limited, and its parent, Affiliates, divisions and subsidiaries ("Buyer") under Agreement No. [Insert Agreement number] between Buyer and [Insert Seller name] ("Seller"), and against any individuals, firms, or corporations for whom or with whom Buyer may be acting in connection with the performance of the Agreement." The insurance will contain provisions which provide Buyer with a minimum of thirty (30) days’ prior notification from the insurer of cancellation of, or any amendment in, the insurance policy. The insurer will also notify Buyer of failure to pay the insurance premiums or any other default of the policy.
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Additional Insured/Waiver of Rights of Recourse. All such insurances will include Company Group as additional assureds to the extent of the liabilities assumed by Seller under this Agreement and will be primary as regards any other coverage in respect of the risks assumed by Seller hereunder. Seller will obtain from its insurers a waiver of all rights of recourse, including in particular and without limitation, subrogation against Company Group. All policies will be endorsed by use of language substantially similar to: "The insurers waive their rights of subrogation against McWane, Inc. and its divisions and subsidiaries ("Company") under Agreement No. [Insert Agreement number] between Company and [Insert Seller name] ("Seller"), and against any individuals, firms, or corporations for whom or with whom Company may be acting in connection with the performance of the Agreement." The insurance will contain provisions which provide Company with a minimum of thirty (30) days’ prior notification from the insurer of cancellation of, or any amendment in, the insurance policy. The insurer will also notify Company of failure to pay the insurance premiums or any other default of the policy.
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Related to Additional Insured/Waiver of Rights of Recourse

  • Waiver of Rights No right conferred on either party under this Contract shall be deemed waived, and no breach of this Contract excused, unless such waiver is in writing and signed by the party claimed to have waived such right. Neither the State’s review, approval or acceptance of, nor payment for, the services required under this Contract shall be construed to operate as a waiver of any rights under this Contract or of any cause of action arising out of the performance of this Contract, and the Contractor shall be and remain liable to the State in accordance with applicable law for all damages to the State caused by the Contractor’s negligent performance of any of the services furnished under this Contract.

  • Non-Waiver of Rights The omission by either party at any time to enforce any default or right reserved to it, or to require performance of any of the terms, covenants, or provisions hereof by the other party at the time designated, shall not be a waiver of any such default or right to which the party is entitled, nor shall it in any way affect the right of the party to enforce such provisions thereafter.

  • No Implied Waiver of Remedies Either party’s delay or failure to exercise any right, power or remedy under this Agreement shall not impair any such right, power or remedy, or be construed as a waiver of any such right, power or remedy. All waivers must be in writing.

  • Assumption of Risk, and Indemnity Agreement Waiver: In consideration of being permitted to visit or participate in any way in any activity, including transportation, at the above location, I, for myself, my heirs, personal representatives or assigns, do hereby release, waive, discharge, and covenant not to xxx The Regents of the University of California, its officers, employees, and agents from liability from any and all claims including the negligence of The Regents of the University of California, its officers, employees, and agents, resulting in personal injury, accidents or illnesses (including death), and property loss arising from, but not limited to, visitation or participation in any way in any activity, including transportation, at the above location. Assumption of Risks: Visitation or participation carries with it certain inherent risks that cannot be eliminated regardless of the care taken to avoid injuries. The specific risks vary from one activity to another, but the risks range from 1) minor injuries such as scratches, bruises, and sprains to 2) major injuries such as eye injury or loss of sight, joint or back injuries, heart attacks, and concussions to 3) catastrophic injuries including paralysis and death. I have read the previous paragraphs and I know, understand, and appreciate these and other risks that are inherent in visitation or participation. I hereby assert that my visitation or participation is voluntary and that I knowingly assume all such risks. Indemnification and Hold Harmless: I also agree to INDEMNIFY AND HOLD The Regents of the University of California HARMLESS from any and all claims, actions, suits, procedures, costs, expenses, damages and liabilities, including attorney’s fees brought as a result of my involvement in visitation or participation and to reimburse them for any such expenses incurred.

  • No Waiver of Rights A failure or delay in exercising any right, power or privilege in respect of this Agreement will not be presumed to operate as a waiver, and a single or partial exercise of any right, power or privilege will not be presumed to preclude any subsequent or further exercise, of that right, power or privilege or the exercise of any other right, power or privilege.

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