Examples of Collateral Warranty in a sentence
No Collateral Warranty will be construed in any way to modify or limit any of the rights, powers or remedies of the Commonwealth against the Contractor under the Contract or otherwise at law or in equity.
Collateral Warranty A warranty in the form set out in the Schedule of Collateral Documents.
We shall not be liable to indemnify You in respect of any Claim directly or indirectly caused by, contributed to by or arising from Your faulty or defective workmanship.COLLATERAL WARRANTYWe agree, subject to terms, conditions, limitations and exclusions of this Policy to extend the cover under Section 4 - Professional Indemnity of this Policy to You if You agree to a Collateral Warranty Agreement.However, We shall not indemnify You for any Claim or part thereof that relates to any of the following: a.
The Contractor must, as a condition precedent to Completion of the Works or a Stage specified in the Contract Particulars, procure and provide the Commonwealth with the warranties specified in the Contract Particulars: from the relevant subcontractor undertaking or supplying the work or item the subject of the warranty; in the form of the Collateral Warranty; and for the minimum warranty periods stated in the Contract Particulars.
A Third Party Contract is defined as:Any Collateral Warranty, Letter of Reliance or any other contract with a third party other than the Insureds appointment for the provision of services.