Claims and Liability. Owner and Operator mutually agree for the benefit of each other to look only to the appropriate insurance coverages in effect pursuant to this Agreement in the event any demand, claim, action, damage, loss, liability or expense occurs as a result of injury to person or damage to property (collectively, a "Claim"), regardless whether any such Claim is caused or contributed to, by or results from the negligence of Owner or Operator or their respective Affiliates, employees, directors, officers, agents or independent contractors and regardless whether the injury to person or damage to property occurs in and about the Hotel or elsewhere as a result of the performance of this Agreement.
Appears in 3 contracts
Sources: Contract for Purchase and Sale of Hotels (Felcor Suite Hotels Inc), Management Agreement (Felcor Lodging Trust Inc), Contract for Purchase and Sale of Hotels (Itt Corp /Nv/)