Defect Notice definition

Defect Notice shall have the meaning specified in Section 3.2 of this Agreement.
Defect Notice shall have the meaning specified in Section 3.3 of this Agreement. “Developer” shall have the meaning set forth in the preamble to this Agreement.
Defect Notice has the meaning set forth in Section 5.1(a).

Examples of Defect Notice in a sentence

  • Beginning on the date of this Agreement and ending at the Defect Notice Time, Buyer shall have the right, at its sole cost, risk, and expense, to conduct an environmental assessment of the Assets.

  • Buyer shall notify Seller in writing of any Environmental Defect (an “Environmental Defect Notice”) no later than the Defect Notice Time.

  • Any matters that may otherwise have constituted Environmental Defects, but that are not so described in a timely Environmental Defect Notice complying with this Section 5.03, together with any environmental matter that does not constitute an Environmental Defect, shall be deemed to have been waived by Buyer for all purposes and constitute an Assumed Obligation.

  • For any Environmental Defect asserted in an Environmental Defect Notice and not Remediated before Closing (and subject to Seller’s right to contest the existence of any Environmental Defect or the amount of any Environmental Defect Value as set forth in Section 8.5), subject to Section 8.6, the Purchase Price shall be reduced by the Environmental Defect Value for such Environmental Defect.

  • The parties agree that the failure to provide a Defect Notice within 24 hours after arrival of the Equipment at the point of destination constitutes an acknowledgment by Lessee that the Equipment has been inspected, accepted and determined to be in good operating condition in accordance with Section 15.


More Definitions of Defect Notice

Defect Notice has the meaning specified in Section 2.1.
Defect Notice means a notice identifying a defect to a licensed vehicle which must be remedied to the satisfaction of the Council (issued under Section 68 of the Local Government (Miscellaneous Provisions) Act 1976)
Defect Notice shall have the meaning as set forth in Section 6.1.
Defect Notice is defined in Section 3.2(a).
Defect Notice and “Defect Notice Period” shall have the meanings specified in Section 3.2 of this Agreement.
Defect Notice has the meaning provided such term in Section 7.1.
Defect Notice has the meaning set forth in Section 8.1.