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
Consultant’s insurer(s) will provide a Waiver of Subrogation in favor of the City for each Required Insurance policy under this Agreement.
Policy shall provide a Waiver of Subrogation endorsement in favor of the State of California and the California Department of Water Resources.
The other party shall then have 10 Business Days after receipt of such Notice either to (a) direct the Insurance Purchaser to place such insurance with a company reasonably satisfactory to the other party and willing to issue the insurance with a Waiver of Subrogation at no greater or additional cost, or (b) agree to pay the additional premium if such a policy can be obtained only at additional cost.
If any insurance policy cannot be obtained with a Waiver of Subrogation, or a Waiver of Subrogation is obtainable only by paying an additional premium, then the Insurance Purchaser shall so Notify the other party.
To the extent that the parties actually obtain insurance with a Waiver of Subrogation, the parties release each other, and their respective authorized representatives, from any claims for damage to any person or the Premises that are caused by or result from risks insured against under such insurance policies.
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. Contractor agrees by entering into any resulting contract to a Waiver of Subrogation for each required policy herein. When required by the insurer, or should a policy condition not permit Contractor to enter into an pre-loss agreement to waive subrogation without an endorsement, then Contractor 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 Contractor enter into such an agreement on a pre-loss basis. Certificate(s) of Insurance: Contractor agrees to provide City 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. The Certificate Holder address shall read: City of Sunrise 00000 Xxxx Xxxxxxx Xxxx Xxxx. Xxxxxxx, XX 00000 Umbrella or Excess Liability: Contractor may satisfy the minimum liability limits required above for Commercial General Liability or Business Auto Liability or Garage Liability, if applicable, 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 either Commercial General Liability or Business Auto Liability, or Garage Liability, if applicable. Contractor agrees to endorse City 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 “Follow- Form” basis.
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 Offeror agrees to release and discharge NCPS 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. 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. All policies shall contain waivers of subrogation. The Bidder waives all rights against the District and its officers, employees, and agents for recovery of damages to the extent these damages are covered by the required policies. Policies may contain deductibles, but such deductibles will not be deducted from any damages due to the District.
Waiver of Subrogation. For all coverage's, the Contractor’s insurer shall waive subrogation rights against the County. Subcontractors: All 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 required of the Contractor. The Contractor shall include all such subcontractors, independent contractors, sub-vendors, suppliers or other entities as insured's under its policies or shall ensure that all subcontractors maintain the required coverage’s. The Contractor agrees to provide proof of insurance for all such subcontractors, independent contractors, sub-vendors, suppliers or other entities upon request by the County. The Community Corrections Board, the Board of County Commissioners of Weld County and its employees, and State of Colorado shall be named as additionally insured parties under all the Contractor’s liability coverage policies.