Common use of Contractor's or Rented Equipment Clause in Contracts

Contractor's or Rented Equipment. All construction tools and equipment belonging to Contractor or any Subcontractor used by or on behalf of Contractor or any Subcontractor for its performance hereunder shall be brought to and kept at the Facility Site at the sole cost, risk and expense of Contractor or such Subcontractor and Owner shall not be liable, subject to the provisions of Section 14.15.2 hereof, for loss or damage thereto and any insurance policies carried by Contractor, any Subcontractor or any third party on said equipment, supplies and materials shall provide for a waiver of the underwriters' right to subrogation against Owner, the Financing Parties, the Utility and all their assignees, subsidiaries, affiliates, employees, insurers and underwriters. Contractor shall obtain adequate insurance to cover any construction tools and equipment leased.

Contractor's or Rented Equipment. All construction tools equipment, supplies and equipment materials belonging to Contractor or any Subcontractor used by or on behalf of Contractor or any Subcontractor for its performance hereunder shall be brought to and kept at the Facility Site at the sole cost, risk and expense of Contractor or such Subcontractor and Owner shall not be liable, subject to the provisions of Section 14.15.2 hereof, liable for loss or damage thereto and any thereto. Any insurance policies carried by Contractor, any Subcontractor or any third party on said equipment, supplies and materials shall provide for a waiver of the underwriters' ’ right to subrogation against Owner, the Financing Parties, the Utility Grid Authority and all their assignees, subsidiaries, affiliates, employees, insurers and underwriters. Contractor shall obtain adequate insurance to cover any construction tools and equipment leasedleased from third parties.