Common use of Limitation on Guarantors’ Liability Clause in Contracts

Limitation on Guarantors’ Liability. The Employer hereby agrees that the Guarantor’s liability under this Guarantee shall be limited to and shall not exceed the obligations assumed by the Contractor under the Contract.

Appears in 6 contracts

Samples: Building Contract, Building Contract, Building Contract

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Limitation on Guarantors’ Liability. The Employer hereby agrees that the Guarantor’s liability under this Guarantee shall be limited to and shall not exceed the obligations assumed by the Contractor under the Building Contract.

Appears in 1 contract

Samples: Design and Build Contract

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