Subrogation Clause Example from Business Contracts

This example Subrogation clause appears in 2 contracts from 2 companies

Subrogation. Except as provided in Section 13, in the event the Company is obligated to make a payment under this Agreement, the Company shall be subrogated to the extent of such payment to all of the rights of recovery under an insurance policy or any other indemnity agreement covering the Indemnitees, who shall execute all documents required and take all action that may be necessary to secure such rights and to enable the Company effectively to bring suit to enforce such rights (provided that the Company p...ays the Indemnitees' costs and expenses of doing so), including without limitation by assigning all such rights to the extent of such indemnification or advancement of Expenses. View More
Found in iBio, Inc. contract
iBio, Inc. Contracts

Indemnification Agreement by and between iBio, Inc., John Delta and TechCXO, LLC dated July 13, 2020 (Filed With SEC on October 5, 2020)

MOTORSPORT GAMING US LLC Contracts

Consulting Services Agreement by and between Motorsport Games Inc. and TechCXO, LLC (John Delta), dated October 4, 2022 (Filed With SEC on October 14, 2022)