Grantor Group definition
Examples of Grantor Group in a sentence
The foregoing waivers shall be in addition to, and not a limitation of, any other waivers or releases contained in this Agreement; provided, however, the foregoing waivers shall not apply to any claims, damages or losses arising from or related to the gross negligence or willful misconduct of Grantor or any member of the Grantor Group.
Subject to Sections 9.2 and 14.1, Grantor shall defend, indemnify, and hold harmless Grantee and the Grantee Parties (and to reimburse Grantee and any Grantee Parties) from and against all Claims to the extent arising from, in connection with, or in any manner relating to (or alleged to arise from, to be in connection with, or to be in any manner related to) the gross negligence or willful misconduct of Grantor or any member of the Grantor Group.
If any member of the Grantor Group is made a party to any litigation instituted by Grantee against a party other than Grantor, or by a third party against Grantee, Grantee shall indemnify, hold harmless and defend such member of the Grantor Group from any and all Claims arising out or, in connection with, or in any manner related to such litigation, except for the extent to which such Claims arise as a result of the gross negligence or willful misconduct of any member of the Grantor Group.
In the event that any action or proceeding is brought against Grantor or any member of the Grantor Group by reason of any such Claim, Grantee, upon timely notice from Grantor, shall defend such action or proceeding at Grantee’s cost and expense by counsel reasonably approved by Grantor.
The Grantor may assign its rights under this Agreement in whole or in part to any subsidiary, subsidiaries or affiliated companies part of the Grantor Group, which shall be substituted directly for it hereunder and to any successor or assignee of substantially all of the Grantor’s business related to medical products.
However, nothing herein shall be construed to release the Grantor Group or any of them from any liability for their own negligence or willful misconduct.
However, the Grantor Group shall not be indemnified to the extent that any Claims arise out of the negligence or willful misconduct of the Grantor Group or any of them.
The commercial general liability policies procured hereunder shall name the Grantor Group (as defined in the Basic Colocation Information) and Grantor’s managing agent as additional insureds.
All of Grantee’s insurance policies with respect to the Grantee Space shall be endorsed so as to include a waiver of subrogation in accordance with and to the full extent of Grantee’s waiver of claims with respect to the Grantor Group set forth in Sections 9.2 and 14.1 of this Agreement.