Mutual Release and Waiver. To the extent a loss is covered by insurance in force, Port and Lessee hereby mutually release each other from liability and waive all right of recovery against each other for any loss from perils insured against under their respective fire insurance policies, including any extended coverage endorsements hereto; provided that this Agreement shall be inapplicable if it would have the effect of invalidating any insurance coverage of Port or Lessee.
Appears in 4 contracts
Sources: Ground Lease Agreement, Ground Lease Agreement, Ground Lease Agreement