Common use of PROPERTY AND MATERIALS Clause in Contracts

PROPERTY AND MATERIALS. The agrees that it is the ’s responsibility and not the responsibility of the Owner to safeguard the property and materials that the or any of the ’s “ Associates” use or have in their possession while performing under this Agreement. Further, the agrees to hold the Owner harmless for any loss of such property and materials used by any such persons pursuant to the ’s performance under this Agreement which is in their possession, except if caused by the Owner’s gross negligence or intentional misconduct.