Limitation on Guarantors’ Liability. The Employer hereby agrees that the Guarantor’s liability under this Guarantee shall be limited to and shall not exceed the obligations assumed by the Contractor under the Contract.
Appears in 6 contracts
Sources: Building Contract, Building Contract, Building Contract
Limitation on Guarantors’ Liability. The Employer hereby agrees that the Guarantor’s liability under this Guarantee shall be limited to and shall not exceed the obligations assumed by the Contractor under the Building Contract.
Appears in 2 contracts
Sources: Design and Build Contract, Design and Build Contract