Common use of Building Defects Clause in Contracts

Building Defects. The cost of correcting defects in the construction of the Building or in the Building equipment, except that conditions (not occasioned by construction defects) resulting from ordinary wear and tear will not be deemed defects for the purpose of this category; the cost of repair or replacement for any item covered by a warranty;

Building Defects. The cost of correcting defects in the construction of the Building or in the installation of the Building equipment or other improvements comprising part of the Property or equipment, except that conditions (not occasioned by construction defects) resulting from ordinary wear and tear will not be deemed defects for the purpose purpose, of this category; the cost of repair or replacement for any item covered by a warranty;

Building Defects. The cost of correcting defects in the construction of the Property, the Building or the Development or in the Building equipmentequipment (including latent or concealed defects), except that conditions (not occasioned by construction defects) resulting from ordinary wear and tear will not be deemed defects for the purpose of this category; the cost of repair or replacement for any item covered by a warranty;