Owner’s Coverage. Owner, at Owner’s option, may purchase and maintain such insurance as will insure Owner against loss of use of Owner’s property due to fire or other hazards, however caused. Owner waives all rights of action against Contractor for loss of use of Owner’s property, including consequential losses, due to fire or other hazards however caused.
Appears in 3 contracts
Sources: Owner Contractor Agreement, Owner Contractor Agreement, Owner Contractor Agreement