Guarantee Period Clause Samples

The Guarantee Period clause defines the specific timeframe during which a product, service, or work is covered by a guarantee from the provider or seller. During this period, if defects or failures occur that are covered by the guarantee, the provider is typically obligated to repair, replace, or otherwise remedy the issue at no additional cost to the buyer. This clause ensures that buyers have recourse if problems arise shortly after purchase, thereby allocating risk and providing assurance of quality and reliability for a set duration.
POPULAR SAMPLE Copied 46 times
Guarantee Period. The guarantee period is from the effective date of this Contract and ends two years from the expiration of the debt performance term under the Main Contract. In case Party A agrees to extent the debt performance term, the guarantee period ends two years from the expiration of the extended debt performance term under the Main Contract. If Party B announces advanced maturity of debts according to the Main Contract, the guarantee period ends two years from the advanced maturity date of debts announced by Party B. In case the debts under the Main Contract are paid in installments, the guarantee period of each installment is two years from the expiration date of the debt performance term of the last installment.
Guarantee Period. Where Goods only are supplied by the Supplier the Guarantee Period shall be the period from and including the date of Delivery of the Goods to the date twelve (12) Months thereafter.
Guarantee Period. Each of the services required by Article 5.1 hereof shall be guaranteed by the Developer for a period of not less than one year from the date on which the Township grants Preliminary Acceptance with respect to such service. Such service shall only be assumed by the Township or Hydro, as the case may be, upon the Township granting Final Acceptance at the end of the guarantee period with respect to such service; the guarantee shall remain in effect until Final Acceptance has been granted for the applicable service.
Guarantee Period. 1. Guarantor’s Guarantee period for any obligation ends two years after the maturity date of such obligation. 2. The Guarantee period for acceptance of bank draft, issuance of letters of credit without or with reduced deposit and bank guarantee ends two years after Creditor makes payment under such facilities. 3. The Guarantee period for commercial draft discount ends two years after the maturity date of such discounted commercial draft. 4. If Creditor and Debtor agree to extend the maturity date of a guaranteed obligation set forth in a Main Agreement, the Guarantee period for that obligation is extended to two years after the new maturity date of that obligation. 5. If the maturity of a guaranteed obligation set forth in a Main Agreement is accelerated by Creditor as required by laws, regulations or the Main Agreement, the Guarantee period ends two years after the new accelerated maturity date.
Guarantee Period. You may terminate this Contract without incurring an early termination fee within 90 days after entering into it (the "Guarantee Period") by notifying us in writing or by calling our customer care center at ▇-▇▇▇-▇▇▇-▇▇▇▇. Upon your termination of this Contract during the Guarantee Period, we will return you to being supplied by the Utility once the Utility processes the change, but you will remain responsible for payment for electricity and related costs and charges incurred under this Contract until the Utility processes the request. The Guarantee Period does not apply to any renewals.
Guarantee Period. The guarantee period is 10 years for either plan re- gardless of the term of the land con- tract. Abbreviations and definitions for terms used in this part are in § 761.2 of this chapter.
Guarantee Period. The period between (and including) the Final Project Acceptance Date and the date exactly [INSERT NUMBER OF YEARS] therefrom, during which time the Energy Savings Guarantee is in effect. During the Guarantee Period, the ESCO is responsible for Annual Services as specified in the Project Documents.
Guarantee Period. Notwithstanding the foregoing, the Guarantee Period shall be extended in, inter alia, the following cases and to the following extent: (a) If, during the Guarantee Period, the VESSEL shall not be capable of performing services for periods consisting of at least twenty four (24) hours each and aggregating to eight (8) days or more and such non-capability shall be as a result of any Defect(s) covered by the SELLER’s guarantee under Clause 1 of this ARTICLE IX, the Guarantee Period shall be extended by such period(s) of time lost in remedying of the defect(s) for which the SELLER is responsible according to this Contract or in awaiting part(s) required for the purpose to remedying such defect(s), which accumulated extension period shall not exceed twelve (12) months. (b) In relation to reservations made by the BUYER pursuant to Clause 4(b) of ARTICLE VI hereof, the Guarantee Period for the aforesaid reservations shall further be extended up to the expiration of twelve (12) calendar months following the time when such reservations are respectively made good by the SELLER after the delivery of the VESSEL to the BUYER as herein provided.
Guarantee Period. The guarantee period for all trees purchased by the Contractor shall begin at the date of final acceptance. The guarantee period for the trees shall be one year. END OF EXHIBIT A As consideration for providing the Services as set forth in the Agreement, the CITY agrees to pay, and the CONTRACTOR agrees to accept payment on a time and reimbursement cost basis [or other basis] as follows [or in Exhibit B-1, which is attached and made part of this Agreement]: END OF EXHIBIT B The Contractor shall not commence work until he has obtained all the insurance required under this heading, and until such insurance has been approved by the CITY, nor shall the Contractor allow any subcontractor to commence work until all similar insurance required of the subcontractor has also been obtained and approved by the CITY. Certificates of insurance must be issued by an authorized representative of the insurance company at the request and direction of the policyholder and must include sufficient information so as to identify the coverage and the contract for CITY's improvements for which they are issued. Certificates of insurance must be issued by a nationally recognized insurance company with a Best's Rating of no less than B+VII, satisfactory to the CITY, and duly licensed to do business in the state of said Contract. The Contractor shall procure and maintain, during the life of this Contract, Workmen's Compensation Insurance for all of his employees to be engaged in work under this Contract, and he shall require any subcontractor similarly to provide Workmen's Compensation Insurance for all of the latter's employees to be engaged in such work, unless such employees are covered by the protection afforded by the Contractor's insurance. In case any employees are to be engaged in hazardous work under this Contract, and are not protected under this Workmen's Compensation statute, the Contractor shall provide, and shall cause each subcontractor to provide, adequate coverage for the protection of such employees. It is acceptable to use a State-approved Workmen's Compensation Self-Insurance fund. The Contractor shall take out and maintain during the life of this Contract, Public Liability and Property Damage and shall include Contractual Liability, Personal Injury, Libel, Slander, False Arrest, Malicious Prosecution, Wrongful Entry or Eviction, Broad Form Property Damage, Products, Completed Operations and XCU Coverage to be included on an occurrence basis, and to the full extent o...
Guarantee Period. 1. The guarantee period of each loan contract guaranteed by this Contract shall be calculated separately and shall be three years from the day following the loan maturity specified in each loan contract. 2. In the event that the loan specified in a single loan contract will become matured by installments, the guarantee period of each loan shall be three years from the day following the maturity of each loan. 3. In the event that Party B recovers the loan in advance according to the provisions of the Master Contract, the guarantee period shall be three years from the day following the repayment date notified by Party B to the Borrower.