Developer Warranty Period definition

Developer Warranty Period means, with respect to each Warranty, the one (1) year period commencing upon the Substantial Completion of the Base Building Improvements or the Space Improvements, as applicable, provided that in the event that Contractor or any Subcontractor shall be required to perform any Warranty Obligations with respect to the Base Building Improvements or the Space Improvements, as applicable, during the Developer’s Warranty Period, the Developer’s Warranty Period shall be extended by the lesser of (i) one (1) year and (ii) the length of time by which the applicable Contractor and/or Subcontractor’s Warranties are extended.
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Examples of Developer Warranty Period in a sentence

  • The Project Developer Warranty Period shall resume upon acceptance of such corrected or replaced work.

  • The Project Developer shall, at its sole expense and promptly after notification by the Transmission Owner, correct or replace defective work in accordance with Applicable Technical Requirements and Standards, during the Project Developer Warranty Period.

  • All Costs incurred by Transmission Owner as a result of such defective work shall be reimbursed to the Transmission Owner by the Project Developer on demand; provided that the Transmission Owner submits the demand to the Project Developer within the Project Developer Warranty Period and provides reasonable documentation of the claimed costs.

  • The warranty period for such corrected or replaced work shall be the unused portion of the Project Developer Warranty Period remaining as of the date of notice of the defect.