Common use of Developer’s Completion and Warranty Obligations Clause in Contracts

Developer’s Completion and Warranty Obligations. Developer irrevocably acknowledges its obligation to install the Improvements without cost to the City and hereby agrees to satisfactorily complete the installation of the Improvements in a good, workmanlike, lien-free manner within two (2) years after the date of this Agreement. Further, Developer hereby warrants that the Improvements will be free of defects (normal wear and tear excepted) for a period of one (1) year after all of the Improvements have been installed and finally accepted by the City (the “Warranty”).

Appears in 4 contracts

Samples: Bond Agreement, Bond Agreement, Bond Agreement

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Developer’s Completion and Warranty Obligations. Developer irrevocably acknowledges its obligation to install the Improvements without any cost to the City and City. Developer further hereby agrees to satisfactorily complete the installation of the Improvements in a good, workmanlike, lien-free manner within two one (21) years year after the date Effective Date of this Agreement. FurtherFurthermore, Developer hereby warrants that the Improvements will be free of any and all defects (normal wear and tear excepted) (the “Warranty”) for a period of one (1) year after all of the Improvements have been installed completed and finally accepted by the City (the “WarrantyWarranty Period”).

Appears in 3 contracts

Samples: Bond Agreement, Bond Agreement, Bond Agreement

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Developer’s Completion and Warranty Obligations. Developer irrevocably acknowledges its obligation to install the Improvements without cost to the City and hereby agrees to satisfactorily complete the installation of the Improvements in a good, workmanlike, lien-free manner within two (2) years after the date of this Agreement. Further, Developer hereby warrants that the Improvements will be free of defects defects, poor workmanship, or materials (normal wear and tear excepted) for a period of one (1) year after all of the Improvements have been installed and finally accepted by the City (the “Warranty”).

Appears in 1 contract

Samples: Bond Agreement

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