Common use of Assignment of Warranties Clause in Contracts

Assignment of Warranties. Without limiting Design-Builder's post-construction obligations pursuant to this Contract, Design-Builder shall assign to Owner all post-construction warranties resulting from Design-Builder's agreements with third parties, subject to Design-Builder's reservation of rights under such warranties to the extent necessary to enable Design-Builder to fulfill its obligations to Owner hereunder. Moreover, Design-Builder shall protect Owner's interest in all such warranties and shall take no action nor commit an act or omission that renders such warranties void or voidable.

Assignment of Warranties. Without limiting Design-Builder's post-construction obligations pursuant to this Contract, Design-Builder shall assign to Owner all post-construction warranties resulting from Design-Design- Builder's agreements with third parties, subject to Design-Builder's reservation of rights under such warranties to the extent necessary to enable Design-Builder to fulfill its obligations to Owner hereunder. Moreover, Design-Design- Builder shall protect Owner's interest in all such warranties and shall take no action nor commit an act or omission that renders such warranties void or voidable.