Defect Claims definition
Examples of Defect Claims in a sentence
The Association is hereby designated to act as the exclusive representative of all Owners in asserting any Association Defect Claim, and each Owner does hereby appoint the Association to exclusively act as its power of attorney (which power shall be irrevocable) with respect to any Association Defect Claims, including the right to compromise and settle the same.
For a period of eight (8) years following the recording of this Declaration, notices of Association and director meetings (including notice of agenda items relating to potential Defect Claims) shall be given to Declarant, and Declarant and/or its representative(s) shall be entitled to attend and participate in at least one (1) meeting of the Association’s members to discuss any potential Claim against Declarant.
Required State Law Disclosure Regarding Construction Defect Claims: GEORGIA LAW O.C.G.A. § 8-2-38 CONTAINS IMPORTANT REQUIREMENTS THAT BUYER MUST FOLLOW BEFORE BUYER MAY FILE A LAWSUIT OR OTHER ACTION FOR DEFECTIVE CONSTRUCTION AGAINST THE CONTRACTOR (AS THAT TERM IS DEFINED IN THE LAW) WHO CONSTRUCTED THE HOME.
Indemnity and defense obligations not affected or restricted by Civil Code Section 2782(d) or (e), such as for property damage not caused by construction defects or other matters not involving Defect Claims, shall not be limited, impaired or modified by the foregoing sentence, and such indemnity and defense obligations shall remain in full force and effect.
Required State Law Disclosure Regarding Construction Defect Claims - GEORGIA LAW O.C.G.A. § 8-2-38 CONTAINS IMPORTANT REQUIREMENTS THAT BUYER MUST FOLLOW BEFORE BUYER MAY FILE A LAWSUIT OR OTHER ACTION FOR DEFECTIVE CONSTRUCTION AGAINST THE CONTRACTOR (AS THAT TERM IS DEFINED IN THE LAW AND ALSO DEFINED AS “SELLER” HEREIN) WHO CONSTRUCTED THE IMPROVEMENTS LOCATED ON THE PREMISES.
The Defect Claimant shall notify ("Defect Claim(s) Notice") the Developers in writing of the Defect Claim(s).
To the fullest extent permitted by law, Subcontractor shall indemnify and hold harmless, including costs to defend, Builder, owner of the Property, Builder’s officers, directors, agents, successors and assigns (hereinafter “Indemnified Parties”), from and against liability for Construction Defect Claims to the extent the claims arise out of, pertain to, or relate to the Subcontractor’s scope of work due to the fault of the Subcontractor.
Required State Law Disclosure Regarding Construction Defect Claims - SOUTH CAROLINA CODE OF LAWS § ▇▇-▇▇-▇▇▇ & 850 CONTAINS IMPORTANT REQUIREMENTS THAT BUYER MUST FOLLOW BEFORE BUYER MAY FILE A LAWSUIT OR OTHER ACTION FOR DEFECTIVE CONSTRUCTION AGAINST THE CONTRACTOR (AS THAT TERM IS DEFINED IN THE LAW AND ALSO DEFINED AS “SELLER” HEREIN) WHO CONSTRUCTED THE IMPROVEMENTS LOCATED ON THE PREMISES.
Within thirty (30) days after the Developers receipt of the Defect Claim(s) Notice, the Defect Claimant and the Developers' representatives shall meet at the site of the alleged defect to discuss the Defect Claim(s).
No Seller Indemnifying Party shall have any liability under Sections 11.2(b), (c) and (d) for Losses arising out of Manufacturer’s Defect Claims unless the aggregate amount of such Losses exceeds $50,000.00 (the “Defect Basket”), in which case the Seller Indemnifying Parties shall be required to pay for such Losses arising out of Manufacturer’s Defect Claims in excess of the Defect Basket, provided that such Losses actually do arise out of defects in manufacturing by a Seller.