Structural defect Sample Clauses
Structural defect. If the Buyer has purchased from the Seller multiple Subjects of Purchase of the same specification and if at least 10% of them (but at least two pieces) in each calendar year have the same defect, all supplied Subjects of Purchase of the given specification shall be considered defective. The rights from such defective performance shall not expire sooner than by the expiry of the 10-year period starting by the date of take-over of the Subject of Purchase by the Buyer.
Structural defect. If the stated defect is a structural defect in the foundation, footings, roof construction, sheathing (excluding flashing and coverings), or load-bearing walls that affects the structural integrity of any improvements, Buyer must have a licensed structural engineer report, and provide the Seller a copy of report. ▇▇▇▇▇, at ▇▇▇▇▇’s option and expense, is responsible for re- inspection of the remediation and proof of re-inspection by the same inspector(s) as previously used or by similarly qualified inspector(s). ▇▇▇▇▇, at ▇▇▇▇▇’s sole discretion, may accept the plan of remediation,terminate this Contract, or allow the Seller to escrow one and one half (1 ½) times the amount of the bidor written estimate, as determined by the Buyer, of such structural repair(s) at Closing. In the event either Seller or Buyer elects to terminate the Contract due to a structural defect as provided herein, the non-terminating Party shall be obligated to sign the document terminating this Contract, and the ▇▇▇▇▇▇▇ Money shall be refunded to Buyer. For Termination Procedure see Paragraph 37.
Structural defect. Cracking of a building element is a structural defect where in the opinion of the inspector the present or expected consequence of the cracking is that the structural performance of the building element is impaired, or where the cracking is the result of the structural behaviour of the building. The criteria for determining whether cracking is a structural defect are not solely related to crack width. Cracks 0.1mm wide may be a structural defect while cracks 5.0mm wide may not be structural defects. Cracking in a structural element does not necessarily indicate a structural defect.
Structural defect. 8 Section 1.94. Subsequent Closing....................................8 Section 1.95. Subsequent Purchase Price.............................8 Section 1.96. Subsequent Purchases..................................8 Section 1.97. Subsidiaries..........................................8 Section 1.98. Tax...................................................8
Structural defect a surface or internal defect impairing the structural capacity or durability of the concrete element.
Structural defect. Promoter Sole/ First Purchaser Second Purchaser
8.1 If within a period of 5 (five) years from the date of handing over the said Unit to the Allottee, the Allottee brings to the notice of the Promoter any defect in the said Unit, then wherever possible such defects shall be rectified by the Promoter at his own cost.
8.2 The defect liability of the Promoter in respect of the said Unit shall be for a period of 5 (five) years from the date of offering possession of the said Unit to the Allottee provided that the Allottee brings to the notice of the Promoter of any structural defect or any other defect in workmanship quality or provision of services under this Agreement, then, wherever possible such defects shall be rectified by the Promoter at its own cost and in case it is not possible to rectify such defects then the Allottee shall be entitled to receive from the Promoter reasonable compensation for such defect. It is clarified that the Promoter shall not be liable for any such defects or damages if the same have been caused by reason of any act of default, negligence, commission or omission by the Allottee and /or any other allottee/s of the said Building.