Latent Defects definition

Latent Defects means such defects caused by faulty designs, material or work-man- ship which cannot be detected during inspection, testing etc, based on the technology available for carrying out such tests.
Latent Defects means such defects caused by faulty designs, material or workmanship which cannot be detected during inspection, testing etc, based onthe technology available for carrying out such tests.
Latent Defects shall have the meaning set forth in Section 4.8(a).

Examples of Latent Defects in a sentence

  • Any balance remaining on account of the Latent Defects Deposit shall be released to Borrower, upon the latter of (i) fifteen (15) months from the completion of the Off-site Construction, or (ii) at such time as the Latent Defects have been corrected to the satisfaction of HUD.

  • Said sums may be used for the correction of Latent Defects in the event Borrower fails to make such corrections, or fails to cause such corrections to be made.

  • The Deposit shall be maintained by Lender to guarantee against Latent Defects.

  • The Deposit shall be used for the correction of Latent Defects, as may be required by either Lender or HUD.


More Definitions of Latent Defects

Latent Defects means any non-conformity of Product to the applicable Specifications and/or Manufacturing Standards at the time of the delivery of Product to Unity that [***]
Latent Defects means a defect: (a) which could not reasonably have been discovered upon receipt and inspection of the Product and (b) for which the cause is attributed to the actions or omissions of Xxxxxxxxx or its Third Party Manufacturer prior to delivery of the Product to Lilly.
Latent Defects means defects that cause the Bulk Drug Substance to fail to conform to the Bulk Drug Substance Specifications or otherwise fail to conform to the warranties provided by Ophidian hereunder, which defects are not discoverable upon reasonable physical inspection and testing using the methodology specified in the Manufacturing Requirements Document.
Latent Defects has the meaning given in Clause 7.4.1.
Latent Defects means defects inherently lying within the material or arising out of design deficiency which do not manifest themselves during Warranty Period.
Latent Defects means a defect or condition of construction which does not comply with the construction documents or designs intent which is generally a hidden or concealed defect which cannot be discovered by reasonable or customary inspection, examination or observation at either the time of construction or substantial completion, but which manifests over time.
Latent Defects means all and any incomplete work in the property and all and any faults or defects in the section which are as a result of defective design and/or the use of defective materials and/or defective workmanship, and which said incomplete work and faults or defects reasonably impair the use of the unit as a residential dwelling which: