Common use of Invoice Warranties And Guarantees Clause in Contracts

Invoice Warranties And Guarantees. The DB expressly warrants and guarantees to the Owner that: 15.9.1 title to all goods, products, materials, equipment and systems covered by an invoice will pass to the Owner either by incorporation into the Work, or upon receipt of payment by the DB, whichever occurs first; 15.9.2 all goods, products, materials, equipment and systems covered by an invoice are free and clear of liens, claims, security interests or encumbrances; and 15.9.3 no goods, products, materials, equipment or systems covered by an invoice have been acquired by the DB, or its subcontractors or suppliers, subject to an agreement under which an interest therein or an encumbrance thereon is retained by the seller or otherwise imposed by the DB, or its subcontractors or suppliers.

Appears in 4 contracts

Samples: Contract Between Owner and Design / Builder for Design and Construction Services, Contract Between Owner and Design / Builder for Design and Construction Services, Contract Between Owner and Design / Builder for Design and Construction Services

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!