Common use of Extension of Waivers Clause in Contracts

Extension of Waivers. Each Party hereby agrees to extend the waiver of claims and release of liability herein to their respective contractors, subcontractors and insurers, by requiring them to waive and release (in writing) the right to ▇▇▇ or otherwise bring a claim against the other Party or that Party’s Related Third Parties for any injury, death, property loss or damage (including loss of or damage to the Payload or the Launch Vehicle or other financial loss) sustained by them or any of their employees, officers, directors or agents, arising in any manner out of or in connection activities relating to the performance of this Agreement, including activities at the Launch Site or the performance of the Launch Service(s) contemplated herein.