Subrogation Clause Example from Business Contracts

This example Subrogation clause appears in 2 contracts from 2 companies

Subrogation. In the event of payment under this Agreement, the Company shall be subrogated to the extent of such payment to all the rights of recovery of Indemnitee, who shall execute all papers required and shall do everything that may be necessary to secure such rights, including without limitation the execution of such documents as may be necessary to enable the Company effectively to bring suit to enforce such rights.
Found in Bonanza Creek Energy, Inc. contract
Bonanza Creek Energy, Inc. Contracts

Form of Indemnity Agreement between Civitas Resources, Inc. and the directors and executive officers of Civitas Resources, Inc (Filed With SEC on November 3, 2021)

OHA Investment Corp Contracts

INDEMNITY AGREEMENT (Filed With SEC on November 7, 2014)