The commercial lease form will be submitted as soon as the tenant declares his intention to operate his activity on the lessor`s premises. Comparing the two, commercial leases are complex and more complicated than residential leases. (D) Reciprocal waiver of the transfer of receivables. Where one of the parties suffers loss or damage caused by the other party but which is covered by the insurance of the injured party, the injured party waives any claim it may have against the other party, to the extent that it is compensated by the insurance required by this Agreement; and each party undertakes to obtain from its insurer a disposition and recognition of such waiver and an agreement that the insurance body shall not be transferred to the rights of the injured party, to the extent that such rights have been waived above. . . .