Common use of Collateral Warranties Clause in Contracts

Collateral Warranties. Within 28 Days of the Appointment and 28 Days of entering into the Remediation Handback Contract (as appropriate), the Contractor shall procure that there is provided to the Councils the Collateral Warranties provided that if Collateral Warranties are not available in the market on reasonable commercial terms at the date of the Appointment and/or the Remediation Handback Contract then the Contractor will ensure that the Appointment (or any replacement Appointment) will be a joint appointment with the Councils and the Remediation Handback Contract will be entered into jointly with the Councils and in such event the Contractor shall be responsible for and shall indemnify the Councils from and against any Liabilities (including any additional costs and expenses of the Councils) arising at any time under the Appointment and/or the Remediation Handback Contract by the Councils and for the avoidance of any doubt any duties or obligations owed under the Appointment and/or the Remediation Handback Contract to the Remediation Handback Consultant and/or the Remediation Handback Contractor (as the case may be) and including for the avoidance of any doubt the obligation to pay the Remediation Handback Consultant and/or the Remediation Handback Contractor which shall be the sole responsibility of the Contractor.

Appears in 2 contracts

Sources: Property Agreements, Property Agreements