Additional Insured & Waiver of Subrogation. All policies of insurance required in [Sections 1.1(a)-(f)] of this [Schedule 5.17] above that are maintained by the Borrower or on behalf of the Borrower shall # include the Secured Parties and each of their successors or assigns as additional insureds either by policy definition or separate endorsement (with the exception of workers’ compensation); and # provide a waiver of subrogation in favor of the parties noted in # above.

Additional Insured & Waiver of Subrogation. All polices of insurance required in Sections 1(a)-(f) above that are maintained by the Collateral Parties or on behalf of the Collateral Parties shall name the Lenders and each of their successors or assigns as additional insureds (with the exception of workers' compensation) and provide a waiver of subrogation in their favor. It is hereby agreed and understood that the Collateral Parties waive any and all rights of subrogation or recovery against the Lenders for any claims covered by insurance (whether required herein or otherwise) including any rights of setoff or counter claim.