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    • Basic guarantee period

    Definition of BASIC GUARANTEE PERIOD

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    BASIC GUARANTEE PERIOD. Means the basic Guarantee Period for defects in the SUBJECT OF THE AGREEMENT, counted from the date ofthe FINAL ACCEPTANCE, for which the CONTRACTOR grants the CONTRACTING PARTY a quality guarantee and commits to the removal of defects and faults and to accord other benefits, referred to both in the AGREEMENT and in the GT&C,
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