Common use of After Final Acceptance Clause in Contracts

After Final Acceptance. as a condition to release of the Performance and Payment Bonds, and subject to the requirements herein, DB Contractor shall provide a warranty bond which shall guarantee performance of the Work required to be performed during the Warranty Term for all Warranties for each Location and which shall also constitute a payment bond guaranteeing payment to Persons performing such Work (“Warranty Bond”). The Warranty Bond shall be in an amount equal to 10% of the Price and shall be in the form attached hereto as Exhibit

Appears in 3 contracts

Sources: Design Build Contract, Design Build Contract, Design Build Contract