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. The insurer(s) named above agree to waive all rights of subrogation against the DISTRICT, its elected or appointed officers, officials, agents, volunteers and employees for losses paid under the terms of this policy which arise from work performed by the Named Insured for the DISTRICT.
Examples of Waiver of Subrogation in a sentence
Contractor grants Waiver of Subrogation to the City, its officers, agents, employees and volunteers for any claims arising out of Contractor’s work or service.
Consultant grants Waiver of Subrogation to the City, its officers, agents, employees and volunteers for any claims arising out of Consultant’s work or service.
This Waiver of Subrogation requirement shall not apply to any policy, which includes a condition specifically prohibiting such an endorsement, or voids coverage should Contractor enter into such an agreement on a pre-loss basis.
All insurance required by this Agreement shall contain a Statement of Obligation on the part of the carrier to notify the CITY of any material change, cancellation, or termination at least thirty (30) days in advance and provide a Waiver of Subrogation in favor of the City.
With respect to the above coverage sections, all except Ohio Workers Compensation should be endorsed to include a Waiver of Subrogation.
More Definitions of Waiver of Subrogation
Waiver of Subrogation. Each policy listed above shall also contain a waiver of subrogation in favor of ▇▇▇▇▇▇▇.
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. For all coverages, Contractor/Contract Professional’s insurer shall waive subrogation rights against County. Subcontractors: All subcontractors, subcontractors, independent Contractors, sub-vendors, suppliers or other entities providing goods or services required by this Agreement shall be subject to all of the requirements herein and shall procure and maintain the same coverage’s required of Contractor/Contract Professional. Contractor/Contract Professional shall include all such subcontractors, independent Contractors, sub-vendors suppliers or other entities as insureds under its policies or shall ensure that all subcontractors maintain the required coverages. Contractor/Contract Professional agrees to provide proof of insurance for all such subcontractors, independent Contractors, sub-vendors suppliers or other entities upon request by the County.
Waiver of Subrogation. Each policy of insurance noted above waives all right of subrogation against Certificate Holder, its officers, directors, and employees, and Certificate Holder's subsidiary and affiliated companies, and their respective officers, directors, and employees."
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. Each liability insurance policy shall provide for a waiver 3. of subrogation as to additional insureds. Cross-Liability: All required liability policies shall provide cross-liability coverage 4. as would be achieve under the standard ISO separation of insureds clause. Deductibles and Self-Insured Retentions: Insurance maintained by Contractor shall 5. apply on a first dollar basis without application of a deductible or self-insured retention unless otherwise specifically agreed to by the City. Such approval shall not relieve Contractor from the obligation to pay any deductible or self-insured retention. Any deductible or self-insured retention shall not exceed $5,000 per occurrence, unless otherwise approved by the City.