Examples of Inherent Defect in a sentence
Another possible response would be to increase the use of Inherent Defect Insurance ( IDI) (also known as latent defect insurance).
As explained in Note 18 above, the modern ultra vires exception to the business judgment rule is narrow in Texas becausethe Business Organizations Code grants corporations such expansive powers.
Wear, Tear or Inherent Defect We will not Cover You under this Section for loss of or Damage to Business Property caused by or arising from: a.
The introduction for Inherent Defect Insurance In France, the Civil Code gives a legal system for decennial liability: There are the articles 1792 & 2270.
Hire charges will continue to accrue during breakdowns or stoppages, except that, where a breakdown or stoppage is due to fair wear and tear or Inherent Defect, charges will be reduced to take account of the period of stoppage so caused.