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    • Companies’ group

    Definition of Companies’ Group

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    Companies’ Group means the following Persons individually and collectively: each Company and its respective Affiliates, their respective co-venturers, co-owners, co-lessees, co-working interest owners, joint venturers, partners, and other contractors and subcontractors of any tier and all of their Affiliates, and the officers, directors, shareholders, employees, agents, and representatives of all those entities. Companies’ Group does not include any Person of Contractor Group.
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    Examples of Companies’ Group in a sentence

    The waiver afforded by this provision shall be applicable even if such Claims/Losses are caused by the Negligence/Fault of Companies’ Group or any other Person benefiting from the waiver.

    Contractor shall Indemnify Companies’ Group from all Claims/Losses arising from the breach by Contractor of any representation or warranty of this Article 6.

    Such policies shall afford primary coverage to Companies’ Group without any contributions or reimbursement, in whole or in part, by any insurance, or self-insured retention or account maintained by or in favor of Companies’ Group.

    Such policies shall be endorsed in the same manner to waive subrogation against the Companies’ Group, be primary, and name Companies’ Group as an additional insured.

    Except as specifically provided in Article 13 and Article 14, nothing in this Contract will be construed to confer any rights or benefits in the Contract to anyone other than Persons of Companies’ Group, and all duties and responsibilities undertaken pursuant to this Contract will be for the sole and exclusive benefit of Persons of Companies’ Group and not for the benefit of any other Person.

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