Common use of Landlord's Waiver Clause in Contracts

Landlord's Waiver. Whether due to the negligence of Tenant or ----------------- Tenant's agents or employees, or any other cause and notwithstanding any other provision of this Lease, Landlord hereby releases Tenant and Tenant's agents and employees from responsibility for and waives its entire claim of recovery for (i) any loss or damage to the real or personal property of Landlord located in the Building, including the Building itself, arising out of any of the perils which are (or could have been) covered by Landlord's property insurance policy, with extended coverage endorsements, or (ii) loss resulting from business interruption or loss of rental income, at the Premises, arising out of any of the perils which are (or could have been) covered by the business interruption or by the loss of rental income insurance policy held by Landlord. Landlord shall cause its insurance carrier(s) to consent to such waiver of all rights of subrogation against Tenant.

Appears in 2 contracts

Samples: Lease Agreement (Vialog Corp), Expansion Agreement (Call Points Inc)

AutoNDA by SimpleDocs

Landlord's Waiver. Whether due to the negligence of Tenant or ----------------- Tenant's agents or employees, or any other cause cause. and notwithstanding any other provision of this Lease, Landlord hereby releases Tenant and Tenant's agents and employees from responsibility for and waives its entire claim of recovery for (i) any loss or damage to the real or personal property of Landlord located in the Building, including the Building itself, arising out of any of the perils which are (or could have been) covered by Landlord's property insurance policy, with extended coverage endorsements, endorsements or (ii) loss resulting from business interruption or loss of rental income, at the Premises, arising out of any of the perils which are (or could have been) covered by the business interruption or by the loss of rental income insurance policy held by Landlord. Landlord shall cause its insurance carrier(s) to consent to such waiver of all rights of subrogation against Tenant.

Appears in 1 contract

Samples: Deed of Lease (Vialog Corp)

AutoNDA by SimpleDocs

Landlord's Waiver. Whether due to the negligence of Tenant or ----------------- Tenant's agents or employees, or any other cause and notwithstanding any other provision of this Leasecause, Landlord hereby releases Tenant and Tenant's agents and employees from responsibility for and waives its entire claim of recovery for (i) any loss or damage to the real or personal property of Landlord located in the Building, including the Building itself, arising out of any of the perils which are (or could have been) covered by Landlord's property insurance policy, with extended coverage endorsements, or (ii) loss resulting from business interruption or loss of rental income, at the Premises, arising out of any of the perils which are (or could have been) covered by the business interruption or by the loss of rental income insurance policy held by Landlord. Landlord shall cause its insurance carrier(s) to consent to such waiver of all rights of subrogation against Tenant.

Appears in 1 contract

Samples: Commencement Date Agreement (Vialog Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.