Common use of Team Subcontractors Clause in Contracts

Team Subcontractors. The Design/Builder shall enter into a Team Subcontract with the Architect pursuant to which the Design/Builder shall delegate the design responsibilities contained in this Agreement to the Architect. The Team Subcontracts shall require each Team Subcontractor, to the extent of the Work to be performed by such Team Subcontractor, to assume towards the Design/Builder all the obligations and responsibilities which the Design/Builder by the Contract Documents assumes towards the Owner. All Team Subcontracts shall incorporate the terms of this Agreement and the Contract Documents to the extent applicable to the Work to be performed by the Team Subcontractor. Each Team Subcontract shall expressly preserve and protect the rights of the Owner under the Contract Documents with respect to the Work to be performed by the Team Subcontractor so that the subcontracting thereof will not prejudice such rights, and shall include a provision granting to the Owner the right to succeed to the interest of, or otherwise accept an assignment of, such Team Subcontract, but only in the event of a termination of this Agreement by the Owner due to the existence of a Design/Builder Event of Default. Any such assignment shall be subject to the prior rights of the surety, if any, obligated under bond relating to the Agreement.