Common use of Maintenance and Warranties Clause in Contracts

Maintenance and Warranties. a) The Vendor will rectify, at its own cost and within a reasonable time, any defects or other faults which appear and are notified in writing by the Purchaser to the Vendor within 12 months from the Settlement Date and which arise from faulty materials or workmanship in breach of this Agreement or the implied warranties in the Building Act 2004. When completing maintenance pursuant to this clause, the Vendor will not be liable to do more than it, or Master Build Services Limited, would be required to do if a claim was made under the Building Guarantee referred to in clause 6(c) below.

Appears in 10 contracts

Samples: www.russellproperties.co.nz, www.russellproperties.co.nz, www.russellproperties.co.nz

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