Common use of Loss of Use Insurance Clause in Contracts

Loss of Use Insurance. The Owner, at the Owner's option, may purchase and maintain such insurance as will insure the Owner against loss of use of the Owner's property due to fire or other hazards, however caused. The Owner waives all rights of action against the Contractor for loss of use of the Owner's property, including consequential losses due to fire or other hazards however caused.

Appears in 9 contracts

Samples: General Conditions of the Contract for Construction, Standard Form of Agreement Between Owner and Contractor (STAMPS.COM Inc), Construction Contract (Sierra Pacific Resources /Nv/)

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Loss of Use Insurance. The Owner, at the Owner's ’s option, may purchase and maintain such insurance as will insure the Owner against loss of use of the Owner's ’s property due to fire or other hazards, however caused. The Owner waives all rights of action against the Contractor for loss of use of the Owner's ’s property, including consequential losses due to fire or other hazards however caused.

Appears in 4 contracts

Samples: Standard Form of Agreement Between Owner and Contractor, Construction Contract, Construction Contract

Loss of Use Insurance. The Owner, at the Owner's ’s option, may purchase and maintain such insurance as will insure the Owner against loss of use of the Owner's ’s property due to fire or other hazards, however caused. The Owner waives all rights of action against the Contractor for loss of use of the Owner's ’s property, including consequential losses solely due to fire or other hazards however caused.

Appears in 2 contracts

Samples: Construction Contract, Construction Contract

Loss of Use Insurance. 7.4.1 The Owner, at the Owner's option, may purchase and maintain such insurance as will insure the Owner against loss of use of the Owner's property due to fire or other hazards, however caused. The Owner waives all rights of action against the Contractor Design/Builder for loss of use of the Owner's property, including consequential losses due to fire or other hazards hazards, however caused.. ARTICLE 8 CHANGES IN THE WORK

Appears in 1 contract

Samples: Standard Form of Agreement Between Owner and Design/Builder (Seneca Niagara Falls Gaming Corp)

Loss of Use Insurance. The 11.4.1 Owner, at the Owner's its option, may purchase and maintain such insurance as will insure the Owner it against loss of use of the Owner's this property due to fire or other hazards, however caused. The Owner waives all rights of action against the Contractor for loss of use of the Owner's property, including consequential losses due to fire or other hazards hazards, however caused, to the extent covered by insurance under this Section 11.4.1.

Appears in 1 contract

Samples: Owner Contractor Agreement (Wells Real Estate Fund Ix Lp)

Loss of Use Insurance. The Owner, at the Owner's option, may shall purchase and maintain such insurance as will insure the Owner against loss of use of the Owner's property due to fire or other hazards, however caused. The Owner waives all rights of action against the Contractor for loss of use of the Owner's property, including consequential losses due to fire or other hazards hazards, however caused.

Appears in 1 contract

Samples: Guaranteed Maximum Price Construction Agreement (Gaylord Entertainment Co /De)

Loss of Use Insurance. The Owner, at the Owner's ’s option, may purchase and maintain such insurance as will insure the Owner against loss of use of the Owner's ’s property due to fire or other hazards, however caused. The To the extent any losses are covered and paid for by such insurance, the Owner waives all rights of action against the Contractor for loss of use of the Owner's ’s property, including consequential losses due to fire or other hazards however caused. 3.89 Delete Section 11.3.

Appears in 1 contract

Samples: Construction Contract

Loss of Use Insurance. The 11.4.1 Owner, at the Owner's its option, may purchase and maintain such insurance as will insure the Owner it against loss of use of the Owner's its property due to fire or other hazards, however caused. The Owner waives all rights of action against the Contractor for loss of use of the Owner's property, including consequential losses due to or fire or other hazards hazards, however caused, to the extent covered by insurance under this Subparagraph 11.4.1.

Appears in 1 contract

Samples: Owner Contractor Agreement (Wells Real Estate Investment Trust Inc)

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Loss of Use Insurance. 7.4.1 The Owner, at the Owner's option, may purchase and maintain such insurance as will insure the Owner against loss of use of the Owner's property due to fire or other hazards, however caused. The Owner waives all rights of action against the Contractor for loss of use of the Owner's property, including consequential losses due to fire or other hazards however caused.

Appears in 1 contract

Samples: Standard Form of Agreement Between Owner and Design/Builder (Ballard Medical Products)

Loss of Use Insurance. The Owner, at the Owner's ’s option, may purchase and maintain such insurance as will insure the Owner against loss insur of use of the Owner's ’s property due to fire or other hazards, however caused. The Owner waives all rights of action wa against the Contractor for loss of use of the Owner's ’s property, including consequential losses due loss hazards however caused. tance by the Owner; ractors in the Work, Owner against loss all rights of action ue to fire or other hazards however caused.other

Appears in 1 contract

Samples: Standard Form of Agreement Between Owner and Contractor

Loss of Use Insurance. The Owner, at the Owner's ’s option, may purchase and maintain such insurance as will insure the Owner against loss of use of the Owner's property due to fire or other hazards, however caused. The Owner waives all rights of action against the Contractor for loss of use of the Owner's property, including consequential losses due to fire or other hazards however caused.

Appears in 1 contract

Samples: Standard Form of Agreement Between Owner and Contractor

Loss of Use Insurance. The Owner, at the Owner's option, may purchase and maintain such insurance as will insure the Owner against loss of use of the Owner's property due to fire or other hazards, however caused. The Owner waives all rights of action against the Contractor for loss of use of the Owner's property, including consequential losses due to fire or other hazards however caused.

Appears in 1 contract

Samples: Lease (NightHawk Biosciences, Inc.)

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