NOTICE AND OPPORTUNITY TO REPAIR STATUTES Sample Clauses

NOTICE AND OPPORTUNITY TO REPAIR STATUTES. Subcontractor represents and warrants that it is familiar with the provisions of the notice and opportunity to repair statute found at Florida Statute §558 (“Notice and Opportunity to Repair Statute”). Subcontractor agrees to cooperate with Contractor in connection with any matters relating to the Notice and Opportunity to Repair Statute, including, without limitation, (i) providing copies of all applicable documents described in the Notice and Opportunity to Repair Statute, and (ii) at Contractor’s request, participating in the non-adversarial proceedings set forth in the Notice and Opportunity to Repair Statute, including attending any inspections and providing destructive testing and/or repair services in connection therewith (“Non-Adversarial Proceedings”) all at the Subcontractor’s sole cost and expense. If the Subcontractor refuses to participate in any Non-Adversarial Proceedings, Contractor will, without prejudice to any other rights and remedies available to Contractor, have the right to correct any defective Subcontract Work, and Subcontractor shall, upon demand, immediately reimburse Contractor the full cost of such corrective work, plus fifteen percent (15%) for Contractor’s overhead and administration costs, and interest shall accrue on the aggregate amount at the rate of fifteen percent (15%) per annum from the date incurred until Contractor is fully reimbursed for all such amounts and interest thereon.