Common use of Developer’s Warranty Clause in Contracts

Developer’s Warranty. AFFIRMATIONS, AND ASSURANCES 4.01 PERFORMANCE WARRANTY (a) Developer warrants that it will perform, or cause to be performed, all applicable Tasks under this Contract in a manner consistent with the degree of care and skill ordinarily exercised by members of the same profession currently practicing under similar circumstances. (b) Developer warrants that all applicable Payment Benchmarks and associated Tasks shall comply with the applicable building codes, as stated in Attachment A, and be fit for ordinary use, of good quality, and with no material defects. (c) If Developer fails to timely complete or cause the timely completion of Payment Benchmarks or fails to perform satisfactorily under this Contract, the GLO shall require Developer, at its sole expense, to take the necessary steps complete the Task, meet the Payment Benchmark, or perform satisfactorily.

Appears in 9 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

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