<p>It is hereby declared and agreed that in the event of a claim under this Policy the Insurers agrees to waive any rights, remedies or relief to which they might become subrogated against 1) any company standing in the relation of parent to subsidiary or subsidiary to parent to the Insured or any who is a subsidiary or a parent insurer which the Insured are themselves a subsidiary 2) the Co-Insureds and 3) Lenders.</p>
