Release and Waiver of Subrogation. Notwithstanding anything to the contrary in this Lease, the parties hereto release each other, and their respective from all liability for death, bodily injury, personal injury, or property damage that is caused by or results from any insured risk or any risk required to be insured against under the terms of this Lease. Each party shall cause each insurance policy it obtains to provide that the insurer waives all right of recovery by way of subrogation against the other party and its agents in connection with any injury or damage covered by such policy.
Appears in 2 contracts
Sources: Lease (Echelon Corp), Lease (Echelon Corp)
Release and Waiver of Subrogation. Notwithstanding anything to the contrary in this Lease, the The parties hereto release each other, and their respective agents and employees, from all any liability for death, bodily injury, personal injury, injury to any person or damage to property damage that is caused by or results from any insured risk or any risk required to be insured against under the terms of this Lease. Each party shall cause each any valid and collectible insurance policy it obtains to provide that carried by either of the parties which contains a waiver of subrogation by the insurer waives all right and is in force at the time of recovery by way of subrogation against the other party and its agents in connection with any such injury or damage covered damage; subject to the following limitations: (i) the foregoing provision shall not apply to the commercial general liability insurance described by such policysubparagraphs Section 9.
Appears in 2 contracts
Sources: Lease Agreement, Sublease Agreement
Release and Waiver of Subrogation. Notwithstanding anything to the contrary in this Lease, the The parties hereto release each other, and their respective agents and employees, from all any liability for death, bodily injury, personal injury, injury to any person or damage to property damage that is caused by or results from any risk insured risk or any risk required to be insured against under the terms of this Lease. Each party shall cause each any valid and collectible insurance policy it obtains to provide that carried by either of the parties which contains a waiver of subrogation by the insurer waives all right and is in force at the time of recovery by way of subrogation against the other party and its agents in connection with any such injury or damage covered damage; subject to the following limitations: (i) the foregoing provision shall not apply to the commercial general liability insurance described by such policysubparagraphs P.9.
Appears in 1 contract
Sources: Lease (Cylink Corp /Ca/)