One Year Guarantee Sample Clauses

One Year Guarantee. Contractor must guarantee its workmanship and materials for a minimum of one year after final acceptance of Contractor’s Work, during which time the Contractor must correct all known failures and discrepancies at no additional cost to Hormel.
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One Year Guarantee. Developer and Contractor shall, and hereby do, jointly and severally guarantee to the Village and the District that all work and materials furnished and performed on and for construction of the CSM System shall be free from defects for a period of One (1) Year from the date on which the Village and District in writing accept ownership of the CSM System as described in subsection (d) below. This one-year guarantee, however, shall not in any manner limit, change or amend any applicable statutes of limitation regarding the Developer's and/or Contractor's duties under this Agreement to construct the CSM System in strict compliance with the approved Plans for the same. In the event any defect(s) is discovered during such One-year time period, the District and/or Village shall notify the Developer and Contractor in writing, and the Developer and Contractor shall cause such defect(s) to be corrected within Sixty (60) calendar days (or within such shorter period designated by the Village or District if the public health and safety so require). If the Developer and/or Contractor shall fail to do so within such 60-day time period (or if the public safety sooner requires the remedied work to be done and the Developer/Contractor are not able to timely do so), then the District and/or Village may cause such defect(s) to be corrected, and the Developer and Contractor shall be liable to the District and/or Village for any costs incurred by the District and/or Village in doing so, including any construction, engineering, legal or administrative costs with respect to the said remedial work.
One Year Guarantee. Developer and Contractor jointly and severally guarantee all work against defects in workmanship or materials for a period of one year after District's acceptance of the Facilities. Developer and Contractor, or either of them, shall repair or remove and replace any and all such work, together with any other work which may be displaced in so doing, that is found to be defective in workmanship and/or materials within said one year period, without expense whatsoever to District. In the event of a failure to comply with the above- mentioned conditions within seven (7) business days after being notified in writing, District shall be entitled to have the defects remedied and the work repaired or replaced at the expense of Contractor and Developer. Developer and Contractor agree to pay all such expenses immediately on demand therefor by District. The performance bond and the payment bond shall continue in full force and effect for the guarantee period. Additionally, Developer and Contractor shall provide the District with any manufacturer warranties that may be applicable to materials or equipment included in the Facilities.
One Year Guarantee. The Trade Contract with the Contractors contain a provision requiring the Contractor to repair and make good any damages or fault in the work that may appear within one (1) year after the completion of the work (or such longer period as may be contained in technical specifications of such Trade Contract or is otherwise customary in the industry) as the result of imperfect or defective work (even if such defects or imperfections be latent) or work or materials at variance with what was specified, and Manager shall administer the Contractors' full compliance with such guarantees. The Manager shall assign to the Owner any and all guarantees of the work, or any portion thereof, delivered to the Manager by any Contractor or any other person performing any portion or furnishing any materials or equipment incorporated in the work.

Related to One Year Guarantee

  • Guarantee The Guarantor irrevocably and unconditionally agrees to pay in full to the Holders the Guarantee Payments (without duplication of amounts theretofore paid by the Issuer), as and when due, regardless of any defense, right of set-off or counterclaim that the Issuer may have or assert. The Guarantor's obligation to make a Guarantee Payment may be satisfied by direct payment of the required amounts by the Guarantor to the Holders or by causing the Issuer to pay such amounts to the Holders.

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