Common use of Equivalent Rights Clause in Contracts

Equivalent Rights. The obligations of the Sub-Contractor under this Agreement shall be no greater in extent or quantity than if the Beneficiary had been named as joint employer with the Contractor under the Sub-Contract. The Sub-Contractor shall be entitled in any action or proceedings by the Beneficiary to rely on any limitation in the Sub-Contract and to raise the equivalent rights in defence of liability as it would have against the Contractor under the Sub-Contract (other than counterclaim, set-off or to state a defence of no loss or a different loss has been suffered by the Contractor).

Appears in 3 contracts

Sources: Design and Build Development Agreement, Build Only Development Agreement, Project Agreement