Common use of Maintenance Guarantee of Improvements Clause in Contracts

Maintenance Guarantee of Improvements. Upon acceptance of such deeds of dedication with respect to the Dedicated Improvements and final inspections with respect to the public improvements, Developer shall maintain all of the said improvements in good order and repair for a further period of eighteen (18) months and shall repair said improvements as the Township Engineer or Board of Supervisors may in good faith determine to be necessary by reason of inadequate, improper or defective construction, workmanship or materials. 1. No transfer of ownership of the subject property or any portion thereof shall in any way relieve Developer of responsibility for completion of the improvements in accordance with the terms of this Agreement nor affect in any way the rights of Township under the Security Agreement executed contemporaneously herewith; Developer’s heirs, administrators, successors and assigns shall be bound by the provisions of the Paragraph and the terms of this Agreement.

Appears in 4 contracts

Samples: Development Agreement for Subdivision & Land Developments, Development Agreement for Subdivision & Land Developments, Development Agreement for Subdivision & Land Developments

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