Quality Guarantee definition

Quality Guarantee means that the goods will be eligible for a period of warranty, to be used for the agreed or usual purpose, or maintain agreed or usual characteristics.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Quality Guarantee has the meaning assigned to Garantia de Calidad in the Public Works Contract.

Quality Guarantee. The Contractor shall issue guarantees in favour of ▇▇▇▇▇▇ ▇▇▇▇▇▇ in the amount of 3% of the Consideration for the performance of the Contractor’s obligations under the Construction Agreement in respect of the quality assurance of the works in the following manner:

Examples of Quality Guarantee in a sentence

• Quality Guarantee Period for any Contract Commodity/part of Contract Commodity which becomes unusable due to the rectification of any Defect shall be suspended for the duration of such rectification.

• Quality Guarantee Period for repaired/replaced Commodity and/or part of the Commodity shall not be less than 18 months from the date of repair or replacement, and it will in no case extend beyond 36 months after the date of the Mechanical Completion.

• See our current Quality Guarantee for additional terms, restrictions and conditions that shall apply.

• Party A shall guarantee that the commodity must be in conformity with the quantity, specifications and quantity specified in this Contract and Letter of Quality Guarantee.

• Quality Guarantee Deposit and Defect Responsibility Period The amount of the quality guarantee deposit is 3% of the contract price.

• Quality Guarantee Period for any Contract commodity/part of Contract commodity which becomes unusable due to the rectification of any Defect shall be suspended for the duration of such rectification.

• Quality Guarantee Period for repaired/replaced commodity and/or part of commodity shall not be less than 18 months from the date of repair or replacement, and it will in no case extend beyond 36 months after the date of the Mechanical Completion.

• Quality Guarantee Deposit and Defect Liability Period The amount of the quality guarantee deposit is 3% of the contract price.

• The Company commits to provide quality services and warranties to the products subject of the Quality Guarantee in such way as to allow the release of the Quality Guarantee.

• Unless otherwise specified in the Special Terms and Conditions of the Contract, the Final Settlement Application Form shall clearly list the Quality Guarantee Deposit, deductible Quality Guarantee Deposit and the increased and reduced expenses during the Defects Liability Period.

More Definitions of Quality Guarantee

Quality Guarantee provisions as set forth above, Buyer shall notify Seller, providing information concerning the defect(s). Unless such defect is determined to be the result of a specification, drawing, or modification, provided by Buyer, then Seller shall (a) repair or replace defective Products or credit Buyer at Buyer's option, and (b) reimburse Buyer's documented expenses related to such defective Product, including labor, materials and shipping expenses. This warranty shall not apply if Products have been abused or misused by Buyer.

Quality Guarantee means a contract in which the bank guarantor promises Walser to be- come liable for the obligation of the Manufacturer with respect to any quality requirements as stipulated in the Manufacturing Agreement and Contracts for the Purchase of Goods.

Quality Guarantee means the Quality Guarantee set out in this document and any annexures attached to it: