Common use of ▇▇▇▇▇▇▇ of SUBROGATION Clause in Contracts

▇▇▇▇▇▇▇ of SUBROGATION. 1. Owner and Contractor waive all rights against each other for damages caused by fire or other perils to the extent covered by insurance except such rights as may exist to the proceeds from insurance held by Owner as trustee. Contractor shall require Similar waivers in Subcontracts for the Project.

Appears in 2 contracts

Sources: Construction Contract, Construction Contract