Common use of Owner’s Limited License Upon Payment in Full Clause in Contracts

Owner’s Limited License Upon Payment in Full. Upon Owner's payment in full for all Work performed under the Contract Documents, Design-Builder shall vest in Owner a limited license to use the Work Product in connection with Owner's occupancy, repair, remodeling or enlargement of the Project and Design-Builder shall provide Owner with a copy of the "as built" plans, conditioned on Owner's express understanding that its use of the Work Product and its acceptance of the "as built" plans is at Owner's sole risk and without liability or legal exposure to Design-Builder or anyone working by or through Design-Builder, including Design Consultants of any tier (collectively the "Indemnified Parties"), provided, however, that any performance guarantees and warranties (of equipment or otherwise) shall remain in effect according to the terms of this Agreement.

Appears in 2 contracts

Samples: Agreement (Little Sioux Corn Processors LLC), Agreement (Little Sioux Corn Processors LLC)

AutoNDA by SimpleDocs

Owner’s Limited License Upon Payment in Full. Upon Owner's payment in full for all Work performed under the Contract Documents, Design-Builder shall vest in grant Owner a limited license to use the Work Product in connection with Owner's occupancy, repair, remodeling or enlargement occupancy and repair of the Project and Design-Builder shall provide Owner with a copy of the "as built" plans, conditioned on Owner's express understanding that its use of the Work Product and its acceptance of the "as built" plans is at Owner's sole risk and without liability or legal exposure to Design-Builder or anyone working by or through Design-Builder, including Design Consultants of any tier (collectively the "Indemnified Parties"), ; provided, however, that any performance guarantees guarantees, and warranties (of equipment or otherwise) shall remain in effect according to the terms of this Agreement.

Appears in 2 contracts

Samples: License Agreement (Red Trail Energy, LLC), License Agreement (Red Trail Energy, LLC)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.