Common use of Warranty Term Clause in Contracts

Warranty Term. The Warranty Term for the Project shall commence upon Substantial Completion thereof and remain in effect until one year after Final Acceptance. Subject to extension under Section 11.2, the Warranties regarding all elements of the Project that will be owned by TxDOT shall remain in effect until one year after Final Acceptance or, for elements not associated with the Project, until Final Acceptance. The Warranty Term for elements of the Project that will be owned by Persons other than TxDOT (such as Utility Owners) shall commence as of the date of acceptance thereof by such Persons and shall end one year thereafter. If TxDOT determines that any of the Work has not met the standards set forth in this Section 11.1 at any time within the applicable Warranty Term, then Developer shall correct such Work as specified in this Section 11, even if the performance of such corrective Work extends beyond the applicable Warranty Term. TxDOT and Developer shall conduct a walkthrough of the Site prior to expiration of the applicable Warranty Term and shall produce a punch list of those items requiring corrective Work.

Appears in 4 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

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Warranty Term. The Warranty Term for the Project shall commence upon Substantial Completion thereof and remain in effect until one year after Final Acceptance. Subject to extension under Section 11.2, the Warranties regarding all elements of the Project that will be owned by TxDOT shall remain in effect until one year after Final Acceptance or, for elements not associated with the Project, until Final Acceptance. The Warranty Term for elements of the Project that will be owned by Persons other than TxDOT (( such as Utility Owners) shall commence as of the date of acceptance thereof by such Persons and shall end one year thereafter. If TxDOT determines that any of the Work has not met the standards set forth in this Section 11.1 at any time within the applicable Warranty Term, then Developer shall correct such Work as specified in this Section 11, even if the performance of such corrective Work extends beyond the applicable Warranty Term. TxDOT and Developer shall conduct a walkthrough of the Site prior to expiration of the applicable Warranty Term and shall produce a punch list of those items requiring corrective Work.

Appears in 1 contract

Samples: Development Agreement

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Warranty Term. The Warranty Term for each Segment of the Project shall commence upon Substantial Completion thereof and remain in effect until one year after Final AcceptanceAcceptance of the applicable Segment. Subject to extension under Section 11.2, the Warranties regarding all elements of the Project that will be owned by TxDOT shall remain in effect until one year after Final Acceptance or, for elements not associated with of the Project, until Final Acceptanceapplicable Segment. The Warranty Term for elements of the Project that will be owned by Persons other than TxDOT (such as Utility Owners) shall commence as of the date of acceptance thereof by such Persons and shall end one year thereafter. If TxDOT determines that any of the Work has not met the standards set forth in this Section 11.1 at any time within the applicable Warranty Term, then Developer DB Contractor shall correct such Work as specified in this Section 11, even if the performance of such corrective Work extends beyond the applicable Warranty Term. TxDOT and Developer DB Contractor shall conduct a walkthrough of the Site prior to expiration of the applicable Warranty Term and shall produce a punch list of those items requiring corrective Work.

Appears in 1 contract

Samples: Design Build Agreement

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