Common use of Uninsured or Underinsured Losses Clause in Contracts

Uninsured or Underinsured Losses. Completion Guarantor shall be automatically subrogated to the rights and interests of each Beneficiary to the extent Completion Guarantor shall pay any uninsured or underinsured loss caused by any third person.

Appears in 6 contracts

Samples: Completion Guaranty, Completion Guaranty, Completion Guaranty

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Uninsured or Underinsured Losses. Completion Guarantor shall be automatically subrogated to the rights and interests of each Beneficiary to the extent Completion Guarantor shall pay any uninsured or underinsured loss caused by any third person.. A RTICLE 9 - LIENS AND SECURITY, SUBORDINATION

Appears in 2 contracts

Samples: Completion Guaranty, Completion Guaranty

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