Common use of Contracts with Third Parties Clause in Contracts

Contracts with Third Parties. (a) Co-Manager shall directly supervise and be responsible for all contractors and consultants hired by Co-Manager for the Premises. Excluding service agreements referenced in an annual budget approved by Owner, all of such contractors shall be subject to Owner’s prior written approval. Co-Manager shall assure that any contractor or consultant performing work on the Premises maintains insurance satisfactory to Owner, including, but not limited to, Workers’ Compensation Insurance (and, when required by law, compulsory Non-Occupational Disability Insurance) and insurance against liability for injury to persons and property arising out of all such contractor’s operations naming Co-Manager, Owner and Owner’s Representative as additional insureds. Co-Manager shall obtain certificates of insurance for all such insurance before the work begins. Co-Manager shall furnish copies of the certificates to Owner if requested by Owner.

Appears in 4 contracts

Samples: Co Management Agreement (KBS Growth & Income REIT, Inc.), Co Management Agreement (KBS Growth & Income REIT, Inc.), Co Management Agreement (KBS Growth & Income REIT, Inc.)

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