Warranty for Road Marking Sample Clauses

Warranty for Road Marking. All applications shall be subject to a warranty period as follows: (i) 2 years after application of thermoplastic. (ii) 1 year after application of chlorinated paint. During the contract period, the guarantee shall be in the form of the Retention Money. The Retention Money will be substituted by a Bank Guarantee for an equivalent amount after release of the retention money and until the end of the Warranty Period. Notwithstanding any provisions of the specification of the paints if during the Warranty Period it is found that the road marking have faded or cracked to the extent that in the opinion of the Project Manager they no longer reasonably serve the purpose for which they were intended then the Guarantee shall be withheld until the contractor shall have at his own costs remedied such defects to the satisfaction of the Project Manager. In case the Contractor fails to remedy the defects within such period as agreed with the Project Manager the guarantee will be forfeited. It is to be noted that forfeiture of Bank Guarantees will be taken into account in evaluation of future road marking works and may lead to disqualification of such bidders
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Related to Warranty for Road Marking

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  • Customer Warranty Customer’s and its End Users’ use of the Services must always comply with all applicable Laws and this Agreement.

  • HOME WARRANTY At Closing, Buyer Seller N/A shall pay for a home warranty plan issued by 185 at a cost not to exceed $ . A home 186 warranty plan provides for repair or replacement of many of a home’s mechanical systems and major built-in 187 appliances in the event of breakdown due to normal wear and tear during the agreement’s warranty period.

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  • REPRESENTATIONS AND WARRANTIES OF SELLER AND PURCHASER Seller and Purchaser hereby represent and warrant that there has been no act or omission by Seller, Purchaser or the Corporation which would give rise to any valid claim against any of the parties hereto for a brokerage commission, finder's fee, or other like payment in connection with the transactions contemplated hereby.

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