Common use of Risk of Loss and Damage Clause in Contracts

Risk of Loss and Damage. CONTRACTOR shall be responsible for any loss or damage to the Work, or material furnished by ANAHEIM for the Work, until final acceptance of the Work and issuance of a notice of completion by ANAHEIM for a specific Work Order Package or Request. In the event of loss or damage, if it should become necessary to replace materials furnished by ANAHEIM, the cost of replacement shall be paid by CONTRACTOR to ANAHEIM. ANAHEIM may deduct such costs from any amounts due or to become due CONTRACTOR.

Appears in 10 contracts

Samples: Service Agreement, Construction Contract, Facility Maintenance Agreement

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Risk of Loss and Damage. CONTRACTOR shall be responsible for any loss or damage to the Work, or material furnished by ANAHEIM for the Work, until final acceptance of the Work and issuance of a notice of completion by ANAHEIM for a specific Work Order Package or Request. In the event of loss or damage, if it should become necessary to replace materials furnished by ANAHEIM, the cost of replacement shall be paid by CONTRACTOR to ANAHEIM. ANAHEIM may deduct such replacement costs from any amounts due or to become due CONTRACTOR.

Appears in 5 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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Risk of Loss and Damage. CONTRACTOR shall be responsible for 15 any loss or damage to the Work, or material furnished by ANAHEIM for the Work, until final 16 acceptance of the Work and issuance of a notice of completion by ANAHEIM for a specific Work Order Package or Request. In the event of loss or damage, if it should become necessary 18 to replace materials furnished by ANAHEIM, the cost of replacement shall be paid by CONTRACTOR to ANAHEIM. ANAHEIM may deduct such costs from any amounts due or to become due CONTRACTOR.by

Appears in 2 contracts

Samples: Master Construction Agreement, Master Construction Agreement

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