ULTI » Topics » LIABILITY WAIVER

These excerpts taken from the ULTI 10-K filed Mar 2, 2009.
LIABILITY WAIVER.  Except for those claims arising from the Landlord’s gross negligence or willful misconduct, Tenant, to the extent permitted by law, hereby releases Landlord and waives any right of recovery or subrogation for injury to persons or damage to property sustained by any third person (including employees), firm, or corporation against which Tenant is provided protection by the insurance coverage afforded Tenant through any Liability or Workers’ Compensation Insurance Policies.  Tenant agrees that such policies of insurance shall contain appropriate waiver of subrogation and right of recovery clauses.

LIABILITY
WAIVER
.  Except for those claims arising from the Landlord’s
gross negligence or willful misconduct, Tenant, to the extent permitted by law,
hereby releases Landlord and waives any right of recovery or subrogation for
injury to persons or damage to property sustained by any third person (including
employees), firm, or corporation against which Tenant is provided protection by
the insurance coverage afforded Tenant through any Liability or Workers’
Compensation Insurance Policies.  Tenant agrees that such policies of
insurance shall contain appropriate waiver of subrogation and right of recovery
clauses.



EXCERPTS ON THIS PAGE:

10-K (2 sections)
Mar 2, 2009

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